HDRO.L vs. DFNG.L
Compare and contrast key facts about VanEck Hydrogen Economy UCITS ETF (HDRO.L) and VanEck Defense ETF A USD Acc GBP (DFNG.L).
HDRO.L and DFNG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDRO.L is a passively managed fund by VanEck that tracks the performance of the MVIS Global Hydrogen Economy ESG Index. It was launched on Mar 26, 2021. DFNG.L is a passively managed fund by VanEck that tracks the performance of the MarketVector Global Defense Industry index. It was launched on Mar 31, 2023. Both HDRO.L and DFNG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HDRO.L vs. DFNG.L - Performance Comparison
Loading graphics...
HDRO.L vs. DFNG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HDRO.L VanEck Hydrogen Economy UCITS ETF | 14.51% | 17.70% | -29.88% | -20.84% |
DFNG.L VanEck Defense ETF A USD Acc GBP | 13.21% | 68.35% | 43.76% | 25.48% |
Different Trading Currencies
HDRO.L is traded in USD, while DFNG.L is traded in GBP. To make them comparable, the DFNG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HDRO.L achieves a 14.51% return, which is significantly higher than DFNG.L's 13.21% return.
HDRO.L
- 1D
- 3.72%
- 1M
- -2.25%
- YTD
- 14.51%
- 6M
- 0.15%
- 1Y
- 62.24%
- 3Y*
- -11.00%
- 5Y*
- —
- 10Y*
- —
DFNG.L
- 1D
- 5.79%
- 1M
- -4.07%
- YTD
- 13.21%
- 6M
- 5.68%
- 1Y
- 54.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HDRO.L vs. DFNG.L - Expense Ratio Comparison
Both HDRO.L and DFNG.L have an expense ratio of 0.55%.
Return for Risk
HDRO.L vs. DFNG.L — Risk / Return Rank
HDRO.L
DFNG.L
HDRO.L vs. DFNG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Hydrogen Economy UCITS ETF (HDRO.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.
| HDRO.L | DFNG.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.81 | 2.07 | -0.26 |
Sortino ratioReturn per unit of downside risk | 2.44 | 2.76 | -0.32 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.50 | 3.60 | -1.09 |
Martin ratioReturn relative to average drawdown | 5.91 | 9.73 | -3.83 |
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 graphics...
Sharpe Ratios by Period
| HDRO.L | DFNG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.81 | 2.07 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.50 | 2.42 | -2.92 |
Correlation
The correlation between HDRO.L and DFNG.L is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HDRO.L vs. DFNG.L - Dividend Comparison
Neither HDRO.L nor DFNG.L has paid dividends to shareholders.
Drawdowns
HDRO.L vs. DFNG.L - Drawdown Comparison
The maximum HDRO.L drawdown since its inception was -81.30%, which is greater than DFNG.L's maximum drawdown of -14.89%. Use the drawdown chart below to compare losses from any high point for HDRO.L and DFNG.L.
Loading graphics...
Drawdown Indicators
| HDRO.L | DFNG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.30% | -12.87% | -68.43% |
Max Drawdown (1Y)Largest decline over 1 year | -24.66% | -12.87% | -11.79% |
Current DrawdownCurrent decline from peak | -65.72% | -6.46% | -59.26% |
Average DrawdownAverage peak-to-trough decline | -54.07% | -2.62% | -51.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.45% | 5.31% | +5.14% |
Volatility
HDRO.L vs. DFNG.L - Volatility Comparison
The current volatility for VanEck Hydrogen Economy UCITS ETF (HDRO.L) is 8.71%, while VanEck Defense ETF A USD Acc GBP (DFNG.L) has a volatility of 9.92%. This indicates that HDRO.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.
Loading graphics...
Volatility by Period
| HDRO.L | DFNG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.71% | 9.92% | -1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 25.75% | 19.60% | +6.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.22% | 26.41% | +7.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.02% | 21.11% | +16.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.02% | 21.11% | +16.91% |