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DFNG.L vs. NATO.L
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

DFNG.L vs. NATO.L

Last updated May 22, 2025

Compare and contrast key facts about VanEck Defense ETF A USD Acc GBP (DFNG.L) and HANetf Future of Defence UCITS ETF - Accumulating (NATO.L).

DFNG.L and NATO.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFNG.L is a passively managed fund by VanEck that tracks the performance of the MarketVector Global Defense Industry index. It was launched on Mar 31, 2023. NATO.L is a passively managed fund by HANetf that tracks the performance of the EQM Future of Defence Index. It was launched on Jul 4, 2023. Both DFNG.L and NATO.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.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFNG.L or NATO.L.

Correlation

The correlation between DFNG.L and NATO.L is 0.41, 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.

Performance

DFNG.L vs. NATO.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Defense ETF A USD Acc GBP (DFNG.L) and HANetf Future of Defence UCITS ETF - Accumulating (NATO.L). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

DFNG.L:

2.74

NATO.L:

2.68

Sortino Ratio

DFNG.L:

3.62

NATO.L:

3.64

Omega Ratio

DFNG.L:

1.50

NATO.L:

1.50

Calmar Ratio

DFNG.L:

5.55

NATO.L:

4.49

Martin Ratio

DFNG.L:

16.09

NATO.L:

19.77

Ulcer Index

DFNG.L:

3.71%

NATO.L:

2.92%

Daily Std Dev

DFNG.L:

21.56%

NATO.L:

21.27%

Max Drawdown

DFNG.L:

-10.74%

NATO.L:

-21.84%

Current Drawdown

DFNG.L:

0.00%

NATO.L:

-0.07%

Returns By Period

In the year-to-date period, DFNG.L achieves a 36.96% return, which is significantly lower than NATO.L's 40.75% return.

DFNG.L

YTD

36.96%

1M

10.45%

6M

37.27%

1Y

59.84%

3Y*

N/A

5Y*

N/A

10Y*

N/A

NATO.L

YTD

40.75%

1M

12.09%

6M

39.40%

1Y

57.45%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck Defense ETF A USD Acc GBP

HANetf Future of Defence UCITS ETF - Accumulating

DFNG.L vs. NATO.L - Expense Ratio Comparison

DFNG.L has a 0.55% expense ratio, which is higher than NATO.L's 0.49% expense ratio.

DFNG.L
VanEck Defense ETF A USD Acc GBP
NATO.L
HANetf Future of Defence UCITS ETF - Accumulating

Risk-Adjusted Performance

DFNG.L vs. NATO.L — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DFNG.L
The Risk-Adjusted Performance Rank of DFNG.L is 9797
Overall Rank
The Sharpe Ratio Rank of DFNG.L is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of DFNG.L is 9797
Sortino Ratio Rank
The Omega Ratio Rank of DFNG.L is 9696
Omega Ratio Rank
The Calmar Ratio Rank of DFNG.L is 9898
Calmar Ratio Rank
The Martin Ratio Rank of DFNG.L is 9797
Martin Ratio Rank
NATO.L
The Risk-Adjusted Performance Rank of NATO.L is 9797
Overall Rank
The Sharpe Ratio Rank of NATO.L is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of NATO.L is 9797
Sortino Ratio Rank
The Omega Ratio Rank of NATO.L is 9696
Omega Ratio Rank
The Calmar Ratio Rank of NATO.L is 9797
Calmar Ratio Rank
The Martin Ratio Rank of NATO.L is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DFNG.L vs. NATO.L - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Defense ETF A USD Acc GBP (DFNG.L) and HANetf Future of Defence UCITS ETF - Accumulating (NATO.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.

The current DFNG.L Sharpe Ratio is 2.74, which is comparable to the NATO.L Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of DFNG.L and NATO.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Dividends

DFNG.L vs. NATO.L - Dividend Comparison

Neither DFNG.L nor NATO.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

DFNG.L vs. NATO.L - Drawdown Comparison

The maximum DFNG.L drawdown since its inception was -10.74%, smaller than the maximum NATO.L drawdown of -21.84%. Use the drawdown chart below to compare losses from any high point for DFNG.L and NATO.L. For additional features, visit the drawdowns tool.

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Volatility

DFNG.L vs. NATO.L - Volatility Comparison

VanEck Defense ETF A USD Acc GBP (DFNG.L) and HANetf Future of Defence UCITS ETF - Accumulating (NATO.L) have volatilities of 5.10% and 4.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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