JEDI.DE vs. DFEN.DE
JEDI.DE (VanEck Space Innovators UCITS ETF) and DFEN.DE (VanEck Defense UCITS ETF A) are both exchange-traded funds - JEDI.DE is a Industrials Equities fund tracking the MVIS Global Space Industry ESG, while DFEN.DE is a Aerospace & Defense fund tracking the MarketVector Global Defense Industry Index. Both are passively managed. Over the past year, JEDI.DE returned 193.06% vs 12.18% for DFEN.DE. A 0.51 correlation means they provide meaningful diversification when combined. Both charge a 0.55% expense ratio.
Performance
JEDI.DE vs. DFEN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JEDI.DE achieves a 76.99% return, which is significantly higher than DFEN.DE's 4.02% return.
JEDI.DE
- 1D
- 1.31%
- 1M
- 19.10%
- YTD
- 76.99%
- 6M
- 94.69%
- 1Y
- 193.06%
- 3Y*
- 65.71%
- 5Y*
- —
- 10Y*
- —
DFEN.DE
- 1D
- 0.30%
- 1M
- -2.84%
- YTD
- 4.02%
- 6M
- 8.12%
- 1Y
- 12.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JEDI.DE vs. DFEN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JEDI.DE VanEck Space Innovators UCITS ETF | 76.99% | 72.15% | 52.14% | -1.35% |
DFEN.DE VanEck Defense UCITS ETF A | 4.02% | 50.76% | 51.97% | 8.67% |
Correlation
The correlation between JEDI.DE and DFEN.DE is 0.60, 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 | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2023 | 0.51 |
The correlation between JEDI.DE and DFEN.DE has been stable across timeframes, ranging from 0.51 to 0.60 - 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
JEDI.DE vs. DFEN.DE — Risk / Return Rank
JEDI.DE
DFEN.DE
JEDI.DE vs. DFEN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Space Innovators UCITS ETF (JEDI.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.
| JEDI.DE | DFEN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.02 | ||
| Sortino ratioReturn per unit of downside risk | +3.53 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.11 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 8.56 | 0.75 | +7.81 |
| Martin ratioReturn relative to average drawdown | 28.05 | 1.81 | +26.24 |
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
| JEDI.DE | DFEN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.59 | 0.56 | +4.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.61 | 1.75 | -0.14 |
Drawdowns
JEDI.DE vs. DFEN.DE - Drawdown Comparison
The maximum JEDI.DE drawdown since its inception was -30.10%, which is greater than DFEN.DE's maximum drawdown of -18.60%. Use the drawdown chart below to compare losses from any high point for JEDI.DE and DFEN.DE.
Loading charts...
Drawdown Indicators
| JEDI.DE | DFEN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.10% | -18.60% | -11.50% |
Max Drawdown (1Y)Largest decline over 1 year | -23.53% | -18.60% | -4.93% |
Max Drawdown (3Y)Largest decline over 3 years | -30.10% | — | — |
Current DrawdownCurrent decline from peak | -13.81% | -15.21% | +1.40% |
Average DrawdownAverage peak-to-trough decline | -7.12% | -3.27% | -3.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.20% | 7.72% | -0.52% |
Volatility
JEDI.DE vs. DFEN.DE - Volatility Comparison
VanEck Space Innovators UCITS ETF (JEDI.DE) has a higher volatility of 18.13% compared to VanEck Defense UCITS ETF A (DFEN.DE) at 7.38%. This indicates that JEDI.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
| JEDI.DE | DFEN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.13% | 7.38% | +10.75% |
Volatility (6M)Calculated over the trailing 6-month period | 34.16% | 19.16% | +15.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.91% | 24.79% | +19.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.38% | 21.47% | +10.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.38% | 21.47% | +10.91% |
JEDI.DE vs. DFEN.DE - Expense Ratio Comparison
Both JEDI.DE and DFEN.DE have an expense ratio of 0.55%.
Dividends
JEDI.DE vs. DFEN.DE - Dividend Comparison
Neither JEDI.DE nor DFEN.DE has paid dividends to shareholders.
Frequently Asked Questions
JEDI.DE and DFEN.DE have a correlation of 0.60, 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.
JEDI.DE and DFEN.DE have the same expense ratio: 0.55% per year.
JEDI.DE is categorized as Industrials Equities, while DFEN.DE is Aerospace & Defense. JEDI.DE tracks MVIS Global Space Industry ESG, while DFEN.DE tracks MarketVector Global Defense Industry Index.
Find the right allocation for JEDI.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