EUDF.DE vs. DFEN.DE
EUDF.DE (WisdomTree Europe Defence UCITS ETF - EUR Acc) and DFEN.DE (VanEck Defense UCITS ETF A) are both Aerospace & Defense funds - EUDF.DE tracks the WisdomTree Europe Defence UCITS Index (NTR) while DFEN.DE tracks the MarketVector Global Defense Industry Index. Both are passively managed. Over the past year, EUDF.DE returned -5.22% vs 13.45% for DFEN.DE. A 0.79 correlation means they provide meaningful diversification when combined. EUDF.DE charges 0.40%/yr vs 0.55%/yr for DFEN.DE.
Performance
EUDF.DE vs. DFEN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUDF.DE achieves a 1.28% return, which is significantly lower than DFEN.DE's 3.71% return.
EUDF.DE
- 1D
- -1.17%
- 1M
- -3.08%
- YTD
- 1.28%
- 6M
- 5.13%
- 1Y
- -5.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DFEN.DE
- 1D
- -1.42%
- 1M
- -4.48%
- YTD
- 3.71%
- 6M
- 9.27%
- 1Y
- 13.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EUDF.DE vs. DFEN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EUDF.DE WisdomTree Europe Defence UCITS ETF - EUR Acc | 1.28% | 18.55% |
DFEN.DE VanEck Defense UCITS ETF A | 3.71% | 31.36% |
Correlation
The correlation between EUDF.DE and DFEN.DE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2025 | 0.79 |
The correlation between EUDF.DE and DFEN.DE has been stable across timeframes, ranging from 0.78 to 0.79 - a consistent structural relationship.
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
EUDF.DE vs. DFEN.DE — Risk / Return Rank
EUDF.DE
DFEN.DE
EUDF.DE vs. DFEN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.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.
| EUDF.DE | DFEN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.11 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 0.72 | -0.99 |
| Martin ratioReturn relative to average drawdown | -0.61 | 1.75 | -2.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EUDF.DE | DFEN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.18 | 0.54 | -0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 1.75 | -1.23 |
Drawdowns
EUDF.DE vs. DFEN.DE - Drawdown Comparison
The maximum EUDF.DE drawdown since its inception was -19.51%, roughly equal to the maximum DFEN.DE drawdown of -18.60%. Use the drawdown chart below to compare losses from any high point for EUDF.DE and DFEN.DE.
Loading charts...
Drawdown Indicators
| EUDF.DE | DFEN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.51% | -18.60% | -0.91% |
Max Drawdown (1Y)Largest decline over 1 year | -19.51% | -18.60% | -0.91% |
Current DrawdownCurrent decline from peak | -15.08% | -15.46% | +0.38% |
Average DrawdownAverage peak-to-trough decline | -6.52% | -3.25% | -3.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.61% | 7.67% | +0.94% |
Volatility
EUDF.DE vs. DFEN.DE - Volatility Comparison
WisdomTree Europe Defence UCITS ETF - EUR Acc (EUDF.DE) has a higher volatility of 10.29% compared to VanEck Defense UCITS ETF A (DFEN.DE) at 7.37%. This indicates that EUDF.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.
Loading charts...
Volatility by Period
| EUDF.DE | DFEN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.29% | 7.37% | +2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 22.51% | 19.15% | +3.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.17% | 24.84% | +4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.93% | 21.48% | +9.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.93% | 21.48% | +9.45% |
EUDF.DE vs. DFEN.DE - Expense Ratio Comparison
EUDF.DE has a 0.40% expense ratio, which is lower than DFEN.DE's 0.55% expense ratio.
Dividends
EUDF.DE vs. DFEN.DE - Dividend Comparison
Neither EUDF.DE nor DFEN.DE has paid dividends to shareholders.
Frequently Asked Questions
EUDF.DE and DFEN.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUDF.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUDF.DE is cheaper with a 0.40% expense ratio, compared with 0.55% for DFEN.DE.
EUDF.DE tracks WisdomTree Europe Defence UCITS Index (NTR), while DFEN.DE tracks MarketVector Global Defense Industry Index. They also come from different issuers: WisdomTree and VanEck. Their fees differ too: 0.40% for EUDF.DE and 0.55% for DFEN.DE.
Find the right allocation for EUDF.DE and DFEN.DE
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