DFNG.L vs. REGB.L
DFNG.L (VanEck Defense ETF A USD Acc GBP) and REGB.L (VanEck Rare Earth and Strategic Metals UCITS ETF A) are both exchange-traded funds - DFNG.L is a Aerospace & Defense fund tracking the MarketVector Global Defense Industry index, while REGB.L is a Precious Metals fund tracking the EMIX Global Mining Global Gold TR USD. Both are passively managed. Over the past 3 years, DFNG.L returned 39.23%/yr vs 3.20%/yr for REGB.L. At a 0.24 correlation, their price movements are largely independent. DFNG.L charges 0.55%/yr vs 0.59%/yr for REGB.L.
Performance
DFNG.L vs. REGB.L - Performance Comparison
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Returns By Period
In the year-to-date period, DFNG.L achieves a 3.59% return, which is significantly lower than REGB.L's 31.29% return.
DFNG.L
- 1D
- 0.47%
- 1M
- -3.43%
- YTD
- 3.59%
- 6M
- 5.95%
- 1Y
- 17.04%
- 3Y*
- 39.23%
- 5Y*
- —
- 10Y*
- —
REGB.L
- 1D
- -1.86%
- 1M
- -6.24%
- YTD
- 31.29%
- 6M
- 38.96%
- 1Y
- 162.45%
- 3Y*
- 3.20%
- 5Y*
- —
- 10Y*
- —
DFNG.L vs. REGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DFNG.L VanEck Defense ETF A USD Acc GBP | 3.59% | 56.54% | 46.20% | 22.89% |
REGB.L VanEck Rare Earth and Strategic Metals UCITS ETF A | 31.29% | 75.67% | -34.55% | -22.81% |
Correlation
The correlation between DFNG.L and REGB.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2023 | 0.24 |
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Return for Risk
DFNG.L vs. REGB.L — Risk / Return Rank
DFNG.L
REGB.L
DFNG.L vs. REGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense ETF A USD Acc GBP (DFNG.L) and VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.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.
| DFNG.L | REGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.64 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.46 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 7.71 | -6.79 |
| Martin ratioReturn relative to average drawdown | 2.28 | 20.77 | -18.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DFNG.L | REGB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 3.58 | -2.88 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.97 | 0.01 | +1.96 |
Drawdowns
DFNG.L vs. REGB.L - Drawdown Comparison
The maximum DFNG.L drawdown since its inception was -18.38%, smaller than the maximum REGB.L drawdown of -72.41%. Use the drawdown chart below to compare losses from any high point for DFNG.L and REGB.L.
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Drawdown Indicators
| DFNG.L | REGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.38% | -72.41% | +54.03% |
Max Drawdown (1Y)Largest decline over 1 year | -18.38% | -20.93% | +2.55% |
Max Drawdown (3Y)Largest decline over 3 years | -18.38% | -60.97% | +42.59% |
Current DrawdownCurrent decline from peak | -15.37% | -23.30% | +7.93% |
Average DrawdownAverage peak-to-trough decline | -3.13% | -40.12% | +36.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.46% | 7.79% | -0.33% |
Volatility
DFNG.L vs. REGB.L - Volatility Comparison
The current volatility for VanEck Defense ETF A USD Acc GBP (DFNG.L) is 7.88%, while VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) has a volatility of 13.31%. This indicates that DFNG.L experiences smaller price fluctuations and is considered to be less risky than REGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DFNG.L | REGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.88% | 13.31% | -5.43% |
Volatility (6M)Calculated over the trailing 6-month period | 18.71% | 31.52% | -12.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.17% | 45.11% | -20.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 44.61% | -24.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.38% | 44.61% | -24.23% |
DFNG.L vs. REGB.L - Expense Ratio Comparison
DFNG.L has a 0.55% expense ratio, which is lower than REGB.L's 0.59% expense ratio.
Dividends
DFNG.L vs. REGB.L - Dividend Comparison
Neither DFNG.L nor REGB.L has paid dividends to shareholders.
Frequently Asked Questions
DFNG.L and REGB.L have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DFNG.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DFNG.L is cheaper with a 0.55% expense ratio, compared with 0.59% for REGB.L.
DFNG.L is categorized as Aerospace & Defense, while REGB.L is Precious Metals. DFNG.L tracks MarketVector Global Defense Industry index, while REGB.L tracks EMIX Global Mining Global Gold TR USD. Their fees differ too: 0.55% for DFNG.L and 0.59% for REGB.L.
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