DFEU.L vs. VJPN.DE
DFEU.L (iShares Europe Defence UCITS ETF EUR Accumulating) and VJPN.DE (Vanguard FTSE Japan UCITS ETF Distributing) are both exchange-traded funds - DFEU.L is a Aerospace & Defense fund tracking the STOXX Europe Targeted Defence Index, while VJPN.DE is a Japan Equities fund tracking the TOPIX TR JPY. Both are passively managed. At a 0.19 correlation, their price movements are largely independent. DFEU.L charges 0.35%/yr vs 0.15%/yr for VJPN.DE.
Performance
DFEU.L vs. VJPN.DE - Performance Comparison
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Different Trading Currencies
DFEU.L is traded in GBP, while VJPN.DE is traded in EUR. To make them comparable, the VJPN.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, DFEU.L achieves a 3.58% return, which is significantly lower than VJPN.DE's 14.62% return.
DFEU.L
- 1D
- 0.00%
- 1M
- 4.74%
- YTD
- 3.58%
- 6M
- 4.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VJPN.DE
- 1D
- 2.22%
- 1M
- 0.61%
- YTD
- 14.62%
- 6M
- 14.47%
- 1Y
- 33.31%
- 3Y*
- 14.42%
- 5Y*
- 9.89%
- 10Y*
- —
DFEU.L vs. VJPN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DFEU.L iShares Europe Defence UCITS ETF EUR Accumulating | 3.58% | -14.38% |
VJPN.DE Vanguard FTSE Japan UCITS ETF Distributing | 14.62% | 15.37% |
Correlation
The correlation between DFEU.L and VJPN.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025 | 0.19 |
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Return for Risk
DFEU.L vs. VJPN.DE — Risk / Return Rank
DFEU.L
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VJPN.DE
DFEU.L vs. VJPN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Europe Defence UCITS ETF EUR Accumulating (DFEU.L) and Vanguard FTSE Japan UCITS ETF Distributing (VJPN.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DFEU.L | VJPN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.12 | — |
| Martin ratioReturn relative to average drawdown | — | 10.20 | — |
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Drawdowns
DFEU.L vs. VJPN.DE - Drawdown Comparison
The maximum DFEU.L drawdown since its inception was -23.78%, roughly equal to the maximum VJPN.DE drawdown of -24.82%. Use the drawdown chart below to compare losses from any high point for DFEU.L and VJPN.DE.
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Drawdown Indicators
| DFEU.L | VJPN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.78% | -24.82% | +1.04% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.57% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.56% | — |
Current DrawdownCurrent decline from peak | -14.72% | -1.07% | -13.65% |
Average DrawdownAverage peak-to-trough decline | -11.47% | -5.53% | -5.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.23% | — |
Volatility
DFEU.L vs. VJPN.DE - Volatility Comparison
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Volatility by Period
| DFEU.L | VJPN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.43% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.74% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 38.83% | 18.11% | +20.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.83% | 15.63% | +23.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.83% | 16.41% | +22.42% |
DFEU.L vs. VJPN.DE - Expense Ratio Comparison
DFEU.L has a 0.35% expense ratio, which is higher than VJPN.DE's 0.15% expense ratio.
Dividends
DFEU.L vs. VJPN.DE - Dividend Comparison
DFEU.L has not paid dividends to shareholders, while VJPN.DE's dividend yield for the trailing twelve months is around 1.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DFEU.L iShares Europe Defence UCITS ETF EUR Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VJPN.DE Vanguard FTSE Japan UCITS ETF Distributing | 1.67% | 1.91% | 1.93% | 1.91% | 2.22% | 1.66% | 1.62% | 1.80% | 1.94% | 0.59% |
Frequently Asked Questions
DFEU.L and VJPN.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VJPN.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VJPN.DE is cheaper with a 0.15% expense ratio, compared with 0.35% for DFEU.L.
DFEU.L is categorized as Aerospace & Defense, while VJPN.DE is Japan Equities. DFEU.L tracks STOXX Europe Targeted Defence Index, while VJPN.DE tracks TOPIX TR JPY. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.35% for DFEU.L and 0.15% for VJPN.DE.
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