DFEN.DE vs. SPYG
Compare and contrast key facts about VanEck Defense UCITS ETF A (DFEN.DE) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
DFEN.DE and SPYG 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. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000. Both DFEN.DE and SPYG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFEN.DE or SPYG.
Key characteristics
| DFEN.DE | SPYG | |
|---|---|---|
| YTD Return | 65.44% | 35.11% |
| 1Y Return | 65.08% | 43.90% |
| Sharpe Ratio | 4.06 | 2.59 |
| Sortino Ratio | 5.30 | 3.32 |
| Omega Ratio | 1.69 | 1.48 |
| Calmar Ratio | 8.88 | 2.93 |
| Martin Ratio | 38.65 | 13.72 |
| Ulcer Index | 1.72% | 3.20% |
| Daily Std Dev | 16.31% | 16.94% |
| Max Drawdown | -7.47% | -67.79% |
| Current Drawdown | -0.97% | -0.10% |
Correlation
The correlation between DFEN.DE and SPYG is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DFEN.DE vs. SPYG - Performance Comparison
In the year-to-date period, DFEN.DE achieves a 65.44% return, which is significantly higher than SPYG's 35.11% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DFEN.DE vs. SPYG - Expense Ratio Comparison
DFEN.DE has a 0.55% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Risk-Adjusted Performance
DFEN.DE vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
Dividends
DFEN.DE vs. SPYG - Dividend Comparison
DFEN.DE has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.65%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFEN.DE VanEck Defense UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.65% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
DFEN.DE vs. SPYG - Drawdown Comparison
The maximum DFEN.DE drawdown since its inception was -7.47%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and SPYG. For additional features, visit the drawdowns tool.
Volatility
DFEN.DE vs. SPYG - Volatility Comparison
VanEck Defense UCITS ETF A (DFEN.DE) has a higher volatility of 6.48% compared to SPDR Portfolio S&P 500 Growth ETF (SPYG) at 5.17%. This indicates that DFEN.DE's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.