DFNS.L vs. QDVE.DE
Compare and contrast key facts about VanEck Defense UCITS ETF (DFNS.L) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
DFNS.L and QDVE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. QDVE.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. Both DFNS.L and QDVE.DE 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: DFNS.L or QDVE.DE.
Key characteristics
| DFNS.L | QDVE.DE | |
|---|---|---|
| YTD Return | 58.82% | 41.78% |
| 1Y Return | 63.56% | 47.32% |
| Sharpe Ratio | 3.84 | 2.27 |
| Sortino Ratio | 5.04 | 2.92 |
| Omega Ratio | 1.66 | 1.39 |
| Calmar Ratio | 9.43 | 3.01 |
| Martin Ratio | 33.64 | 9.61 |
| Ulcer Index | 1.87% | 4.90% |
| Daily Std Dev | 16.41% | 20.58% |
| Max Drawdown | -8.31% | -31.45% |
| Current Drawdown | -0.88% | 0.00% |
Correlation
The correlation between DFNS.L and QDVE.DE is 0.42, 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
DFNS.L vs. QDVE.DE - Performance Comparison
In the year-to-date period, DFNS.L achieves a 58.82% return, which is significantly higher than QDVE.DE's 41.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DFNS.L vs. QDVE.DE - Expense Ratio Comparison
DFNS.L has a 0.55% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Risk-Adjusted Performance
DFNS.L vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Defense UCITS ETF (DFNS.L) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.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.
Dividends
DFNS.L vs. QDVE.DE - Dividend Comparison
Neither DFNS.L nor QDVE.DE has paid dividends to shareholders.
Drawdowns
DFNS.L vs. QDVE.DE - Drawdown Comparison
The maximum DFNS.L drawdown since its inception was -8.31%, smaller than the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for DFNS.L and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
DFNS.L vs. QDVE.DE - Volatility Comparison
VanEck Defense UCITS ETF (DFNS.L) has a higher volatility of 6.60% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 5.51%. This indicates that DFNS.L's price experiences larger fluctuations and is considered to be riskier than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.