ED3F.DE vs. DFEN.DE
ED3F.DE (Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating) and DFEN.DE (VanEck Defense UCITS ETF A) are both Aerospace & Defense funds — ED3F.DE tracks the Mirae Asset Europe Defence Tech Index while DFEN.DE tracks the MarketVector Global Defense Industry Index. Both are passively managed. Their correlation of 0.85 suggests significant overlap in exposure. ED3F.DE charges 0.40%/yr vs 0.55%/yr for DFEN.DE.
Performance
ED3F.DE vs. DFEN.DE - Performance Comparison
Loading graphics...
Returns By Period
In the year-to-date period, ED3F.DE achieves a 16.69% return, which is significantly higher than DFEN.DE's 14.18% return.
ED3F.DE
- 1D
- -0.14%
- 1M
- -2.24%
- YTD
- 16.69%
- 6M
- 4.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DFEN.DE
- 1D
- 1.38%
- 1M
- -4.28%
- YTD
- 14.18%
- 6M
- 9.45%
- 1Y
- 48.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ED3F.DE vs. DFEN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ED3F.DE Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating | 16.69% | 4.82% |
DFEN.DE VanEck Defense UCITS ETF A | 14.18% | 11.34% |
Correlation
The correlation between ED3F.DE and DFEN.DE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 23, 2025 | 0.85 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ED3F.DE vs. DFEN.DE — Risk / Return Rank
ED3F.DE
DFEN.DE
ED3F.DE vs. DFEN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading graphics...
Sharpe Ratios by Period
| ED3F.DE | DFEN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.99 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 2.08 | -1.25 |
Drawdowns
ED3F.DE vs. DFEN.DE - Drawdown Comparison
The maximum ED3F.DE drawdown since its inception was -20.72%, which is greater than DFEN.DE's maximum drawdown of -14.00%. Use the drawdown chart below to compare losses from any high point for ED3F.DE and DFEN.DE.
Loading graphics...
Drawdown Indicators
| ED3F.DE | DFEN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.72% | -14.00% | -6.72% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.00% | — |
Current DrawdownCurrent decline from peak | -7.61% | -6.93% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -7.11% | -2.75% | -4.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.69% | — |
Volatility
ED3F.DE vs. DFEN.DE - Volatility Comparison
Loading graphics...
Volatility by Period
| ED3F.DE | DFEN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.08% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.00% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 30.14% | 24.59% | +5.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.14% | 21.41% | +8.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.14% | 21.41% | +8.73% |
ED3F.DE vs. DFEN.DE - Expense Ratio Comparison
ED3F.DE has a 0.40% expense ratio, which is lower than DFEN.DE's 0.55% expense ratio.
Dividends
ED3F.DE vs. DFEN.DE - Dividend Comparison
Neither ED3F.DE nor DFEN.DE has paid dividends to shareholders.