PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
DTCR vs. DFNS.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DTCR vs. DFNS.L

Last updated Jun 14, 2026

DTCR (Global X Data Center & Digital Infrastructure ETF) and DFNS.L (VanEck Defense UCITS ETF) are both exchange-traded funds - DTCR is a REIT fund tracking the Solactive Data Center REITs & Digital Infrastructure Index, while DFNS.L is a Aerospace & Defense fund tracking the MarketVector™ Global Defense Industry Index. Both are passively managed. Over the past 3 years, DTCR returned 33.82%/yr vs 40.45%/yr for DFNS.L. At a 0.29 correlation, their price movements are largely independent. DTCR charges 0.50%/yr vs 0.55%/yr for DFNS.L.

Performance

DTCR vs. DFNS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Data Center & Digital Infrastructure ETF (DTCR) and VanEck Defense UCITS ETF (DFNS.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, DTCR achieves a 47.68% return, which is significantly higher than DFNS.L's 0.90% return.

DTCR

1D
0.23%
1M
5.06%
YTD
47.68%
6M
48.56%
1Y
76.02%
3Y*
33.82%
5Y*
14.12%
10Y*
—

DFNS.L

1D
0.00%
1M
1.53%
YTD
0.90%
6M
2.54%
1Y
10.82%
3Y*
40.45%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

DTCR vs. DFNS.L - Yearly Performance Comparison

2026 (YTD)202520242023
DTCR
Global X Data Center & Digital Infrastructure ETF		47.68%28.99%14.92%14.17%
DFNS.L
VanEck Defense UCITS ETF		0.90%68.21%43.74%25.97%

Correlation

The correlation between DTCR and DFNS.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.28

Correlation (3Y)
Calculated over the trailing 3-year period

0.28

Correlation (All Time)
Calculated using the full available price history since Mar 31, 2023

0.29

Compare stocks, funds, or ETFs

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

Global X Data Center & Digital Infrastructure ETF

VanEck Defense UCITS ETF

Often compared with DTCR:
DTCR vs. SRVRDTCR vs. IDGTDTCR vs. VPNDTCR vs. AIPODTCR vs. VOODTCR vs. QQQMDTCR vs. AIPI
Often compared with DFNS.L:
DFNS.L vs. NATO.LDFNS.L vs. DFEN.DEDFNS.L vs. DFND.ASDFNS.L vs. PPADFNS.L vs. VOODFNS.L vs. WDEF.LDFNS.L vs. IBE.MC

Return for Risk

DTCR vs. DFNS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DTCR
DTCR Risk / Return Rank: 9191
Overall Rank
DTCR Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
DTCR Sortino Ratio Rank: 9191
Sortino Ratio Rank
DTCR Omega Ratio Rank: 9090
Omega Ratio Rank
DTCR Calmar Ratio Rank: 9393
Calmar Ratio Rank
DTCR Martin Ratio Rank: 8989
Martin Ratio Rank
DFNS.L
DFNS.L Risk / Return Rank: 1818
Overall Rank
DFNS.L Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
DFNS.L Sortino Ratio Rank: 1919
Sortino Ratio Rank
DFNS.L Omega Ratio Rank: 1818
Omega Ratio Rank
DFNS.L Calmar Ratio Rank: 1818
Calmar Ratio Rank
DFNS.L Martin Ratio Rank: 1818
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DTCR vs. DFNS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Data Center & Digital Infrastructure ETF (DTCR) and VanEck Defense UCITS ETF (DFNS.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

DTCRDFNS.LDifference
Sharpe ratioReturn per unit of total volatility
3.16
0.52

+2.65

Sortino ratioReturn per unit of downside risk
3.83
0.91

+2.92

Omega ratioGain probability vs. loss probability

1.50

1.10

+0.40

Calmar ratioReturn relative to maximum drawdown

5.64

0.66

+4.98

Martin ratioReturn relative to average drawdown

17.40

1.61

+15.79

DTCR vs. DFNS.L - Sharpe Ratio Comparison

The current DTCR Sharpe Ratio is 3.16, which is higher than the DFNS.L Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of DTCR and DFNS.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

DTCR vs. DFNS.L - Drawdown Comparison

The maximum DTCR drawdown since its inception was -38.98%, which is greater than DFNS.L's maximum drawdown of -19.66%. Use the drawdown chart below to compare losses from any high point for DTCR and DFNS.L.

Loading charts...

Drawdown Indicators

DTCRDFNS.LDifference

Max Drawdown

Largest peak-to-trough decline

-38.98%

-19.66%

-19.32%

Max Drawdown (1Y)

Largest decline over 1 year

-12.89%

-19.66%

+6.77%

Max Drawdown (3Y)

Largest decline over 3 years

-24.96%

-19.66%

-5.30%

Max Drawdown (5Y)

Largest decline over 5 years

-38.98%

—

—

Current Drawdown

Current decline from peak

-3.92%

-17.48%

+13.56%

Average Drawdown

Average peak-to-trough decline

-12.32%

-3.49%

-8.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.17%

8.00%

-3.83%

Volatility

DTCR vs. DFNS.L - Volatility Comparison

Global X Data Center & Digital Infrastructure ETF (DTCR) has a higher volatility of 9.32% compared to VanEck Defense UCITS ETF (DFNS.L) at 8.29%. This indicates that DTCR's price experiences larger fluctuations and is considered to be riskier than DFNS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

DTCRDFNS.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.32%

8.29%

+1.03%

Volatility (6M)

Calculated over the trailing 6-month period

18.44%

19.56%

-1.12%

Volatility (1Y)

Calculated over the trailing 1-year period

22.99%

25.07%

-2.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.04%

21.58%

+0.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.06%

21.58%

+0.48%

DTCR vs. DFNS.L - Expense Ratio Comparison

DTCR has a 0.50% expense ratio, which is lower than DFNS.L's 0.55% expense ratio.

Dividends

DTCR vs. DFNS.L - Dividend Comparison

DTCR's dividend yield for the trailing twelve months is around 0.74%, while DFNS.L has not paid dividends to shareholders.

PositionTTM202520242023202220212020
DFNS.L
VanEck Defense UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DTCR
Global X Data Center & Digital Infrastructure ETF		0.74%1.10%1.72%1.18%2.57%1.27%0.30%

Frequently Asked Questions

DTCR and DFNS.L have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, DTCR is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

DTCR is cheaper with a 0.50% expense ratio, compared with 0.55% for DFNS.L.

DTCR is categorized as REIT, while DFNS.L is Aerospace & Defense. DTCR tracks Solactive Data Center REITs & Digital Infrastructure Index, while DFNS.L tracks MarketVector™ Global Defense Industry Index. They also come from different issuers: Global X and VanEck. Their fees differ too: 0.50% for DTCR and 0.55% for DFNS.L.

Portfolio Optimizer

Find the right allocation for DTCR and DFNS.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer