DFNG.L vs. PPA
Compare and contrast key facts about VanEck Defense ETF A USD Acc GBP (DFNG.L) and Invesco Aerospace & Defense ETF (PPA).
DFNG.L and PPA 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. PPA is a passively managed fund by Invesco that tracks the performance of the SPADE Defense Index. It was launched on Oct 26, 2005. Both DFNG.L and PPA 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 PPA.
Correlation
The correlation between DFNG.L and PPA is 0.43, 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. PPA - Performance Comparison
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Key characteristics
DFNG.L:
2.77
PPA:
1.26
DFNG.L:
3.66
PPA:
1.86
DFNG.L:
1.50
PPA:
1.26
DFNG.L:
5.64
PPA:
1.78
DFNG.L:
16.34
PPA:
6.27
DFNG.L:
3.71%
PPA:
4.31%
DFNG.L:
21.56%
PPA:
20.82%
DFNG.L:
-10.74%
PPA:
-57.37%
DFNG.L:
0.00%
PPA:
0.00%
Returns By Period
In the year-to-date period, DFNG.L achieves a 36.92% return, which is significantly higher than PPA's 15.43% return.
DFNG.L
36.92%
10.41%
36.49%
60.42%
N/A
N/A
N/A
PPA
15.43%
14.32%
12.76%
26.11%
25.47%
20.84%
14.78%
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DFNG.L vs. PPA - Expense Ratio Comparison
DFNG.L has a 0.55% expense ratio, which is lower than PPA's 0.61% expense ratio.
Risk-Adjusted Performance
DFNG.L vs. PPA — Risk-Adjusted Performance Rank
DFNG.L
PPA
DFNG.L vs. PPA - 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 Invesco Aerospace & Defense ETF (PPA). 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
DFNG.L vs. PPA - Dividend Comparison
DFNG.L has not paid dividends to shareholders, while PPA's dividend yield for the trailing twelve months is around 0.48%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFNG.L VanEck Defense ETF A USD Acc GBP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PPA Invesco Aerospace & Defense ETF | 0.48% | 0.61% | 0.67% | 0.83% | 0.59% | 0.88% | 0.95% | 0.90% | 0.67% | 1.70% | 1.41% | 0.62% |
Drawdowns
DFNG.L vs. PPA - Drawdown Comparison
The maximum DFNG.L drawdown since its inception was -10.74%, smaller than the maximum PPA drawdown of -57.37%. Use the drawdown chart below to compare losses from any high point for DFNG.L and PPA. For additional features, visit the drawdowns tool.
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Volatility
DFNG.L vs. PPA - Volatility Comparison
VanEck Defense ETF A USD Acc GBP (DFNG.L) has a higher volatility of 5.12% compared to Invesco Aerospace & Defense ETF (PPA) at 3.77%. This indicates that DFNG.L's price experiences larger fluctuations and is considered to be riskier than PPA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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