DFEN.DE vs. JEDG.L
Compare and contrast key facts about VanEck Defense UCITS ETF A (DFEN.DE) and VanEck Space Innovators UCITS ETF (JEDG.L).
DFEN.DE and JEDG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFEN.DE is a passively managed fund by VanEck that tracks the performance of the MarketVector Global Defense Industry. It was launched on Mar 31, 2023. JEDG.L is a passively managed fund by VanEck that tracks the performance of the MSCI World/Materials NR USD. It was launched on Jun 24, 2022. Both DFEN.DE and JEDG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
DFEN.DE vs. JEDG.L - Performance Comparison
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DFEN.DE vs. JEDG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DFEN.DE VanEck Defense UCITS ETF A | 14.28% | 50.76% | 51.97% | 8.67% |
JEDG.L VanEck Space Innovators UCITS ETF | 27.26% | 70.97% | 53.18% | -0.98% |
Different Trading Currencies
DFEN.DE is traded in EUR, while JEDG.L is traded in GBP. To make them comparable, the JEDG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, DFEN.DE achieves a 14.28% return, which is significantly lower than JEDG.L's 27.26% return.
DFEN.DE
- 1D
- 5.38%
- 1M
- -2.94%
- YTD
- 14.28%
- 6M
- 7.10%
- 1Y
- 44.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JEDG.L
- 1D
- 7.76%
- 1M
- 4.55%
- YTD
- 27.26%
- 6M
- 45.87%
- 1Y
- 130.78%
- 3Y*
- 50.89%
- 5Y*
- —
- 10Y*
- —
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DFEN.DE vs. JEDG.L - Expense Ratio Comparison
Both DFEN.DE and JEDG.L have an expense ratio of 0.55%.
Return for Risk
DFEN.DE vs. JEDG.L — Risk / Return Rank
DFEN.DE
JEDG.L
DFEN.DE vs. JEDG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and VanEck Space Innovators UCITS ETF (JEDG.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DFEN.DE | JEDG.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.68 | 3.10 | -1.41 |
Sortino ratioReturn per unit of downside risk | 2.35 | 3.62 | -1.26 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.45 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 3.16 | 5.47 | -2.31 |
Martin ratioReturn relative to average drawdown | 7.82 | 18.93 | -11.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DFEN.DE | JEDG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 3.10 | -1.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.11 | 1.08 | +1.03 |
Correlation
The correlation between DFEN.DE and JEDG.L is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
DFEN.DE vs. JEDG.L - Dividend Comparison
Neither DFEN.DE nor JEDG.L has paid dividends to shareholders.
Drawdowns
DFEN.DE vs. JEDG.L - Drawdown Comparison
The maximum DFEN.DE drawdown since its inception was -14.00%, smaller than the maximum JEDG.L drawdown of -29.06%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and JEDG.L.
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Drawdown Indicators
| DFEN.DE | JEDG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.00% | -26.80% | +12.80% |
Max Drawdown (1Y)Largest decline over 1 year | -14.00% | -22.94% | +8.94% |
Current DrawdownCurrent decline from peak | -6.85% | -5.28% | -1.57% |
Average DrawdownAverage peak-to-trough decline | -2.72% | -9.09% | +6.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.65% | 6.51% | -0.86% |
Volatility
DFEN.DE vs. JEDG.L - Volatility Comparison
The current volatility for VanEck Defense UCITS ETF A (DFEN.DE) is 9.35%, while VanEck Space Innovators UCITS ETF (JEDG.L) has a volatility of 16.41%. This indicates that DFEN.DE experiences smaller price fluctuations and is considered to be less risky than JEDG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DFEN.DE | JEDG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.35% | 16.41% | -7.06% |
Volatility (6M)Calculated over the trailing 6-month period | 19.78% | 33.04% | -13.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.31% | 41.98% | -15.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.39% | 32.27% | -10.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.39% | 32.27% | -10.88% |