DFNS.L vs. LMT
Compare and contrast key facts about VanEck Defense UCITS ETF (DFNS.L) and Lockheed Martin Corporation (LMT).
DFNS.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFNS.L or LMT.
Key characteristics
| DFNS.L | LMT | |
|---|---|---|
| YTD Return | 58.82% | 27.34% |
| 1Y Return | 63.56% | 30.62% |
| Sharpe Ratio | 3.84 | 1.93 |
| Sortino Ratio | 5.04 | 2.69 |
| Omega Ratio | 1.66 | 1.40 |
| Calmar Ratio | 9.43 | 2.06 |
| Martin Ratio | 33.64 | 7.97 |
| Ulcer Index | 1.87% | 3.85% |
| Daily Std Dev | 16.41% | 15.89% |
| Max Drawdown | -8.31% | -70.23% |
| Current Drawdown | -0.88% | -7.92% |
Correlation
The correlation between DFNS.L and LMT is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DFNS.L vs. LMT - Performance Comparison
In the year-to-date period, DFNS.L achieves a 58.82% return, which is significantly higher than LMT's 27.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
DFNS.L vs. LMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF (DFNS.L) and Lockheed Martin Corporation (LMT). 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.
Dividends
DFNS.L vs. LMT - Dividend Comparison
DFNS.L has not paid dividends to shareholders, while LMT's dividend yield for the trailing twelve months is around 2.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFNS.L VanEck Defense UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LMT Lockheed Martin Corporation | 2.23% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% | 3.22% |
Drawdowns
DFNS.L vs. LMT - Drawdown Comparison
The maximum DFNS.L drawdown since its inception was -8.31%, smaller than the maximum LMT drawdown of -70.23%. Use the drawdown chart below to compare losses from any high point for DFNS.L and LMT. For additional features, visit the drawdowns tool.
Volatility
DFNS.L vs. LMT - Volatility Comparison
The current volatility for VanEck Defense UCITS ETF (DFNS.L) is 6.60%, while Lockheed Martin Corporation (LMT) has a volatility of 7.63%. This indicates that DFNS.L experiences smaller price fluctuations and is considered to be less risky than LMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.