DFEN.DE vs. NUKL.DE
DFEN.DE (VanEck Defense UCITS ETF A) and NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) are both exchange-traded funds - DFEN.DE is a Aerospace & Defense fund tracking the MarketVector Global Defense Industry Index, while NUKL.DE is a Energy Equities fund tracking the MarketVector Global Uranium and Nuclear Energy Infrastructure. Both are passively managed. Over the past year, DFEN.DE returned 14.03% vs 50.82% for NUKL.DE. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.55% expense ratio.
Performance
DFEN.DE vs. NUKL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DFEN.DE achieves a 4.02% return, which is significantly lower than NUKL.DE's 11.67% return.
DFEN.DE
- 1D
- 0.30%
- 1M
- -3.33%
- YTD
- 4.02%
- 6M
- 6.91%
- 1Y
- 14.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NUKL.DE
- 1D
- 0.87%
- 1M
- -1.33%
- YTD
- 11.67%
- 6M
- 4.20%
- 1Y
- 50.82%
- 3Y*
- 41.91%
- 5Y*
- —
- 10Y*
- —
DFEN.DE vs. NUKL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DFEN.DE VanEck Defense UCITS ETF A | 4.02% | 50.76% | 51.97% | 8.67% |
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A | 11.67% | 51.50% | 38.03% | 19.70% |
Correlation
The correlation between DFEN.DE and NUKL.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2023 | 0.46 |
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Return for Risk
DFEN.DE vs. NUKL.DE — Risk / Return Rank
DFEN.DE
NUKL.DE
DFEN.DE vs. NUKL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE). 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 | NUKL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.21 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 1.86 | -1.11 |
| Martin ratioReturn relative to average drawdown | 1.81 | 4.43 | -2.62 |
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 | NUKL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 1.21 | -0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.75 | 1.10 | +0.65 |
Drawdowns
DFEN.DE vs. NUKL.DE - Drawdown Comparison
The maximum DFEN.DE drawdown since its inception was -18.60%, smaller than the maximum NUKL.DE drawdown of -37.52%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and NUKL.DE.
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Drawdown Indicators
| DFEN.DE | NUKL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.60% | -37.52% | +18.92% |
Max Drawdown (1Y)Largest decline over 1 year | -18.60% | -27.12% | +8.52% |
Max Drawdown (3Y)Largest decline over 3 years | — | -37.52% | — |
Current DrawdownCurrent decline from peak | -15.21% | -12.83% | -2.38% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -7.79% | +4.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 11.43% | -3.71% |
Volatility
DFEN.DE vs. NUKL.DE - Volatility Comparison
The current volatility for VanEck Defense UCITS ETF A (DFEN.DE) is 7.38%, while VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) has a volatility of 11.05%. This indicates that DFEN.DE experiences smaller price fluctuations and is considered to be less risky than NUKL.DE 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 | NUKL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.38% | 11.05% | -3.67% |
Volatility (6M)Calculated over the trailing 6-month period | 19.16% | 28.97% | -9.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.79% | 41.82% | -17.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.47% | 34.24% | -12.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.47% | 34.24% | -12.77% |
DFEN.DE vs. NUKL.DE - Expense Ratio Comparison
Both DFEN.DE and NUKL.DE have an expense ratio of 0.55%.
Dividends
DFEN.DE vs. NUKL.DE - Dividend Comparison
Neither DFEN.DE nor NUKL.DE has paid dividends to shareholders.
Frequently Asked Questions
DFEN.DE and NUKL.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.55% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DFEN.DE and NUKL.DE have the same expense ratio: 0.55% per year.
DFEN.DE is categorized as Aerospace & Defense, while NUKL.DE is Energy Equities. DFEN.DE tracks MarketVector Global Defense Industry Index, while NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure.
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