GFEA.DE vs. DAVV.DE

Last updated Jun 5, 2026

GFEA.DE (VanEck Global Fallen Angel High Yield Bond UCITS ETF) and DAVV.DE (VanEck Crypto and Blockchain Innovators UCITS ETF) are both exchange-traded funds - GFEA.DE is a High Yield Bonds fund tracking the ICE Global Fallen Angel High Yield 10% Constrained, while DAVV.DE is a Technology Equities fund tracking the MVIS Global Digital Assets Equity. Both are passively managed. Over the past 5 years, GFEA.DE returned 4.25%/yr vs -1.30%/yr for DAVV.DE. At a 0.16 correlation, their price movements are largely independent. GFEA.DE charges 0.40%/yr vs 0.65%/yr for DAVV.DE.

Performance

GFEA.DE vs. DAVV.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.DE) and VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GFEA.DE achieves a 5.14% return, which is significantly lower than DAVV.DE's 27.16% return.

GFEA.DE

• 1D: -0.60%
• 1M: 1.51%
• YTD: 5.14%
• 6M: 4.54%
• 1Y: 7.23%
• 3Y*: 6.53%
• 5Y*: 4.25%
• 10Y*: —

DAVV.DE

• 1D: -3.80%
• 1M: -0.05%
• YTD: 27.16%
• 6M: 13.79%
• 1Y: 43.77%
• 3Y*: 52.28%
• 5Y*: -1.30%
• 10Y*: —

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

GFEA.DE vs. DAVV.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GFEA.DE VanEck Global Fallen Angel High Yield Bond UCITS ETF	5.14%	-2.31%	12.20%	6.70%	-7.42%	7.33%
DAVV.DE VanEck Crypto and Blockchain Innovators UCITS ETF	27.16%	-0.68%	37.42%	337.08%	-85.83%	-22.84%

Correlation

The correlation between GFEA.DE and DAVV.DE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since May 7, 2021	0.16

Return for Risk

GFEA.DE vs. DAVV.DE — Risk / Return Rank

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

GFEA.DE

GFEA.DE Risk / Return Rank: 44
GFEA.DE Sharpe Ratio Rank: 35
GFEA.DE Sortino Ratio Rank: 37
GFEA.DE Omega Ratio Rank: 34
GFEA.DE Calmar Ratio Rank: 59
GFEA.DE Martin Ratio Rank: 56

DAVV.DE

DAVV.DE Risk / Return Rank: 23
DAVV.DE Sharpe Ratio Rank: 24
DAVV.DE Sortino Ratio Rank: 26
DAVV.DE Omega Ratio Rank: 24
DAVV.DE Calmar Ratio Rank: 23
DAVV.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.

GFEA.DE vs. DAVV.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.DE) and VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.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.

	GFEA.DE	DAVV.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.22	0.81	+0.41
Sortino ratio: Return per unit of downside risk	1.87	1.39	+0.49
Omega ratio: Gain probability vs. loss probability	1.22	1.16	+0.06
Calmar ratio: Return relative to maximum drawdown	2.92	1.03	+1.89
Martin ratio: Return relative to average drawdown	9.56	1.90	+7.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GFEA.DE vs. DAVV.DE - Sharpe Ratio Comparison

The current GFEA.DE Sharpe Ratio is 1.22, which is higher than the DAVV.DE Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of GFEA.DE and DAVV.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

	GFEA.DE	DAVV.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	0.81	+0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	-0.02	+0.57
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	-0.05	+0.82

Drawdowns

GFEA.DE vs. DAVV.DE - Drawdown Comparison

The maximum GFEA.DE drawdown since its inception was -22.87%, smaller than the maximum DAVV.DE drawdown of -91.53%. Use the drawdown chart below to compare losses from any high point for GFEA.DE and DAVV.DE.

Drawdown Indicators

	GFEA.DE	DAVV.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.87%	-91.53%	+68.66%
Max Drawdown (1Y) Largest decline over 1 year	-2.44%	-45.68%	+43.24%
Max Drawdown (3Y) Largest decline over 3 years	-9.98%	-60.00%	+50.02%
Max Drawdown (5Y) Largest decline over 5 years	-10.97%	-91.53%	+80.56%
Current Drawdown Current decline from peak	-0.60%	-34.58%	+33.98%
Average Drawdown Average peak-to-trough decline	-3.37%	-57.66%	+54.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.75%	24.79%	-24.04%

Volatility

GFEA.DE vs. DAVV.DE - Volatility Comparison

The current volatility for VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.DE) is 1.85%, while VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) has a volatility of 14.56%. This indicates that GFEA.DE experiences smaller price fluctuations and is considered to be less risky than DAVV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GFEA.DE	DAVV.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.85%	14.56%	-12.71%
Volatility (6M) Calculated over the trailing 6-month period	4.63%	40.57%	-35.94%
Volatility (1Y) Calculated over the trailing 1-year period	5.85%	58.12%	-52.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.72%	70.78%	-63.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.51%	70.57%	-61.06%

GFEA.DE vs. DAVV.DE - Expense Ratio Comparison

GFEA.DE has a 0.40% expense ratio, which is lower than DAVV.DE's 0.65% expense ratio.

Dividends

GFEA.DE vs. DAVV.DE - Dividend Comparison

Neither GFEA.DE nor DAVV.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GFEA.DE and DAVV.DE in my portfolio?

GFEA.DE and DAVV.DE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GFEA.DE or DAVV.DE?

On fees, GFEA.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GFEA.DE or DAVV.DE?

GFEA.DE is cheaper with a 0.40% expense ratio, compared with 0.65% for DAVV.DE.

What is the main difference between GFEA.DE and DAVV.DE?

GFEA.DE is categorized as High Yield Bonds, while DAVV.DE is Technology Equities. GFEA.DE tracks ICE Global Fallen Angel High Yield 10% Constrained, while DAVV.DE tracks MVIS Global Digital Assets Equity. Their fees differ too: 0.40% for GFEA.DE and 0.65% for DAVV.DE.