ESGB.L vs. DFNG.L
ESGB.L (VanEck Vectors Video Gaming and eSports UCITS ETF A USD) and DFNG.L (VanEck Defense ETF A USD Acc GBP) are both exchange-traded funds - ESGB.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while DFNG.L is a Aerospace & Defense fund tracking the MarketVector Global Defense Industry index. Both are passively managed. Over the past 3 years, ESGB.L returned 16.72%/yr vs 39.23%/yr for DFNG.L. At a 0.39 correlation, their price movements are largely independent. Both charge a 0.55% expense ratio.
Performance
ESGB.L vs. DFNG.L - Performance Comparison
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Returns By Period
In the year-to-date period, ESGB.L achieves a -13.64% return, which is significantly lower than DFNG.L's 3.59% return.
ESGB.L
- 1D
- -0.17%
- 1M
- -0.16%
- YTD
- -13.64%
- 6M
- -17.38%
- 1Y
- -11.52%
- 3Y*
- 16.72%
- 5Y*
- 7.72%
- 10Y*
- —
DFNG.L
- 1D
- 0.47%
- 1M
- -2.66%
- YTD
- 3.59%
- 6M
- 7.13%
- 1Y
- 15.22%
- 3Y*
- 39.23%
- 5Y*
- —
- 10Y*
- —
ESGB.L vs. DFNG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ESGB.L VanEck Vectors Video Gaming and eSports UCITS ETF A USD | -13.64% | 18.62% | 51.06% | 7.04% |
DFNG.L VanEck Defense ETF A USD Acc GBP | 3.59% | 56.54% | 46.20% | 22.89% |
Correlation
The correlation between ESGB.L and DFNG.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2023 | 0.39 |
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Return for Risk
ESGB.L vs. DFNG.L — Risk / Return Rank
ESGB.L
DFNG.L
ESGB.L vs. DFNG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESGB.L) and VanEck Defense ETF A USD Acc GBP (DFNG.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.
| ESGB.L | DFNG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.39 | ||
| Sortino ratioReturn per unit of downside risk | -2.01 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.14 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 0.92 | -1.35 |
| Martin ratioReturn relative to average drawdown | -0.76 | 2.28 | -3.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ESGB.L | DFNG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.68 | 0.70 | -1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.97 | -1.27 |
Drawdowns
ESGB.L vs. DFNG.L - Drawdown Comparison
The maximum ESGB.L drawdown since its inception was -39.40%, which is greater than DFNG.L's maximum drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for ESGB.L and DFNG.L.
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Drawdown Indicators
| ESGB.L | DFNG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.40% | -18.38% | -21.02% |
Max Drawdown (1Y)Largest decline over 1 year | -26.63% | -18.38% | -8.25% |
Max Drawdown (3Y)Largest decline over 3 years | -26.63% | -18.38% | -8.25% |
Max Drawdown (5Y)Largest decline over 5 years | -37.60% | — | — |
Current DrawdownCurrent decline from peak | -25.21% | -15.37% | -9.84% |
Average DrawdownAverage peak-to-trough decline | -13.09% | -3.13% | -9.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.99% | 7.46% | +7.53% |
Volatility
ESGB.L vs. DFNG.L - Volatility Comparison
The current volatility for VanEck Vectors Video Gaming and eSports UCITS ETF A USD (ESGB.L) is 3.96%, while VanEck Defense ETF A USD Acc GBP (DFNG.L) has a volatility of 7.88%. This indicates that ESGB.L experiences smaller price fluctuations and is considered to be less risky than DFNG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESGB.L | DFNG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | 7.88% | -3.92% |
Volatility (6M)Calculated over the trailing 6-month period | 13.09% | 18.71% | -5.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.79% | 24.17% | -7.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.02% | 20.38% | +1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.81% | 20.38% | +2.43% |
ESGB.L vs. DFNG.L - Expense Ratio Comparison
Both ESGB.L and DFNG.L have an expense ratio of 0.55%.
Dividends
ESGB.L vs. DFNG.L - Dividend Comparison
Neither ESGB.L nor DFNG.L has paid dividends to shareholders.
Frequently Asked Questions
ESGB.L and DFNG.L have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.55% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ESGB.L and DFNG.L have the same expense ratio: 0.55% per year.
ESGB.L is categorized as Technology Equities, while DFNG.L is Aerospace & Defense. ESGB.L tracks MSCI World/Information Tech NR USD, while DFNG.L tracks MarketVector Global Defense Industry index.
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