E6BR.DE vs. DFEN.DE

Last updated Jun 5, 2026

E6BR.DE (Lyxor STOXX Europe 600 Basic Resources UCITS ETF Dist) and DFEN.DE (VanEck Defense UCITS ETF A) are both exchange-traded funds - E6BR.DE is a Industrials Equities fund tracking the STOXX® Europe 600 Basic Resources, while DFEN.DE is a Aerospace & Defense fund tracking the MarketVector Global Defense Industry Index. Both are passively managed. Over the past year, E6BR.DE returned 78.43% vs 12.18% for DFEN.DE. At a 0.23 correlation, their price movements are largely independent. E6BR.DE charges 0.30%/yr vs 0.55%/yr for DFEN.DE.

Performance

E6BR.DE vs. DFEN.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Lyxor STOXX Europe 600 Basic Resources UCITS ETF Dist (E6BR.DE) and VanEck Defense UCITS ETF A (DFEN.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, E6BR.DE achieves a 32.12% return, which is significantly higher than DFEN.DE's 4.02% return.

E6BR.DE

• 1D: -1.00%
• 1M: 5.50%
• YTD: 32.12%
• 6M: 41.45%
• 1Y: 78.43%
• 3Y*: 18.05%
• 5Y*: 10.65%
• 10Y*: 15.56%

DFEN.DE

• 1D: 0.30%
• 1M: -2.84%
• YTD: 4.02%
• 6M: 8.12%
• 1Y: 12.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

E6BR.DE vs. DFEN.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
E6BR.DE Lyxor STOXX Europe 600 Basic Resources UCITS ETF Dist	32.12%	33.08%	-9.05%	-0.07%
DFEN.DE VanEck Defense UCITS ETF A	4.02%	50.76%	51.97%	8.67%

Correlation

The correlation between E6BR.DE and DFEN.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jun 20, 2023	0.23

Return for Risk

E6BR.DE vs. DFEN.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

E6BR.DE

E6BR.DE Risk / Return Rank: 86
E6BR.DE Sharpe Ratio Rank: 91
E6BR.DE Sortino Ratio Rank: 87
E6BR.DE Omega Ratio Rank: 82
E6BR.DE Calmar Ratio Rank: 85
E6BR.DE Martin Ratio Rank: 87

DFEN.DE

DFEN.DE Risk / Return Rank: 19
DFEN.DE Sharpe Ratio Rank: 19
DFEN.DE Sortino Ratio Rank: 20
DFEN.DE Omega Ratio Rank: 18
DFEN.DE Calmar Ratio Rank: 19
DFEN.DE Martin Ratio Rank: 18

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.

E6BR.DE vs. DFEN.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor STOXX Europe 600 Basic Resources UCITS ETF Dist (E6BR.DE) and VanEck Defense UCITS ETF A (DFEN.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.

	E6BR.DE	DFEN.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.10	0.56	+2.54
Sortino ratio: Return per unit of downside risk	3.88	0.97	+2.91
Omega ratio: Gain probability vs. loss probability	1.49	1.11	+0.37
Calmar ratio: Return relative to maximum drawdown	4.66	0.75	+3.91
Martin ratio: Return relative to average drawdown	18.44	1.81	+16.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

E6BR.DE vs. DFEN.DE - Sharpe Ratio Comparison

The current E6BR.DE Sharpe Ratio is 3.10, which is higher than the DFEN.DE Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of E6BR.DE and DFEN.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	E6BR.DE	DFEN.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.10	0.56	+2.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	1.75	-1.58

Drawdowns

E6BR.DE vs. DFEN.DE - Drawdown Comparison

The maximum E6BR.DE drawdown since its inception was -66.16%, which is greater than DFEN.DE's maximum drawdown of -18.60%. Use the drawdown chart below to compare losses from any high point for E6BR.DE and DFEN.DE.

Drawdown Indicators

	E6BR.DE	DFEN.DE	Difference
Max Drawdown Largest peak-to-trough decline	-66.16%	-18.60%	-47.56%
Max Drawdown (1Y) Largest decline over 1 year	-17.23%	-18.60%	+1.37%
Max Drawdown (3Y) Largest decline over 3 years	-33.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.00%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.33%	—	—
Current Drawdown Current decline from peak	-2.89%	-15.21%	+12.32%
Average Drawdown Average peak-to-trough decline	-22.97%	-3.27%	-19.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.29%	7.72%	-3.43%

Volatility

E6BR.DE vs. DFEN.DE - Volatility Comparison

Lyxor STOXX Europe 600 Basic Resources UCITS ETF Dist (E6BR.DE) has a higher volatility of 9.78% compared to VanEck Defense UCITS ETF A (DFEN.DE) at 7.38%. This indicates that E6BR.DE's price experiences larger fluctuations and is considered to be riskier than DFEN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	E6BR.DE	DFEN.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.78%	7.38%	+2.40%
Volatility (6M) Calculated over the trailing 6-month period	21.75%	19.16%	+2.59%
Volatility (1Y) Calculated over the trailing 1-year period	25.95%	24.79%	+1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.47%	21.47%	+5.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.59%	21.47%	+6.12%

E6BR.DE vs. DFEN.DE - Expense Ratio Comparison

E6BR.DE has a 0.30% expense ratio, which is lower than DFEN.DE's 0.55% expense ratio.

Dividends

E6BR.DE vs. DFEN.DE - Dividend Comparison

E6BR.DE's dividend yield for the trailing twelve months is around 1.75%, while DFEN.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DFEN.DE VanEck Defense UCITS ETF A	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
E6BR.DE Lyxor STOXX Europe 600 Basic Resources UCITS ETF Dist	1.75%	2.31%	4.15%	0.00%	5.98%	5.68%	3.72%	5.24%	3.59%

Frequently Asked Questions

Can I hold both E6BR.DE and DFEN.DE in my portfolio?

E6BR.DE and DFEN.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, E6BR.DE or DFEN.DE?

On fees, E6BR.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, E6BR.DE or DFEN.DE?

E6BR.DE is cheaper with a 0.30% expense ratio, compared with 0.55% for DFEN.DE.

What is the main difference between E6BR.DE and DFEN.DE?

E6BR.DE is categorized as Industrials Equities, while DFEN.DE is Aerospace & Defense. E6BR.DE tracks STOXX® Europe 600 Basic Resources, while DFEN.DE tracks MarketVector Global Defense Industry Index. They also come from different issuers: Amundi and VanEck. Their fees differ too: 0.30% for E6BR.DE and 0.55% for DFEN.DE.