Correlation
The correlation between DFEN.DE and XMMO is 0.40, 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.
DFEN.DE vs. XMMO
Compare and contrast key facts about VanEck Defense UCITS ETF A (DFEN.DE) and Invesco S&P MidCap Momentum ETF (XMMO).
DFEN.DE and XMMO 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. XMMO is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Mar 3, 2005. Both DFEN.DE and XMMO 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 XMMO.
Performance
DFEN.DE vs. XMMO - Performance Comparison
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Key characteristics
DFEN.DE:
2.56
XMMO:
0.32
DFEN.DE:
3.28
XMMO:
0.54
DFEN.DE:
1.45
XMMO:
1.07
DFEN.DE:
5.07
XMMO:
0.26
DFEN.DE:
16.00
XMMO:
0.76
DFEN.DE:
3.70%
XMMO:
8.52%
DFEN.DE:
23.25%
XMMO:
24.59%
DFEN.DE:
-11.67%
XMMO:
-55.37%
DFEN.DE:
-1.05%
XMMO:
-9.44%
Returns By Period
In the year-to-date period, DFEN.DE achieves a 34.73% return, which is significantly higher than XMMO's -0.19% return.
DFEN.DE
34.73%
9.90%
31.27%
59.77%
N/A
N/A
N/A
XMMO
-0.19%
7.86%
-9.44%
6.29%
18.05%
17.32%
15.07%
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DFEN.DE vs. XMMO - Expense Ratio Comparison
DFEN.DE has a 0.55% expense ratio, which is higher than XMMO's 0.33% expense ratio.
Risk-Adjusted Performance
DFEN.DE vs. XMMO — Risk-Adjusted Performance Rank
DFEN.DE
XMMO
DFEN.DE vs. XMMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF A (DFEN.DE) and Invesco S&P MidCap Momentum ETF (XMMO). 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.
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Dividends
DFEN.DE vs. XMMO - Dividend Comparison
DFEN.DE has not paid dividends to shareholders, while XMMO's dividend yield for the trailing twelve months is around 0.50%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XMMO Invesco S&P MidCap Momentum ETF | 0.50% | 0.34% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% |
Drawdowns
DFEN.DE vs. XMMO - Drawdown Comparison
The maximum DFEN.DE drawdown since its inception was -11.67%, smaller than the maximum XMMO drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for DFEN.DE and XMMO.
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Volatility
DFEN.DE vs. XMMO - Volatility Comparison
VanEck Defense UCITS ETF A (DFEN.DE) has a higher volatility of 5.53% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 4.96%. This indicates that DFEN.DE's price experiences larger fluctuations and is considered to be riskier than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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