LBNK.DE vs. DFEU.L
LBNK.DE (Lyxor STOXX Europe 600 Banks UCITS ETF Acc) and DFEU.L (iShares Europe Defence UCITS ETF EUR Accumulating) are both exchange-traded funds - LBNK.DE is a Financials Equities fund tracking the STOXX® Europe 600 Banks, while DFEU.L is a Aerospace & Defense fund tracking the STOXX Europe Targeted Defence Index. Both are passively managed. At a 0.33 correlation, their price movements are largely independent. LBNK.DE charges 0.30%/yr vs 0.35%/yr for DFEU.L.
Performance
LBNK.DE vs. DFEU.L - Performance Comparison
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Different Trading Currencies
LBNK.DE is traded in EUR, while DFEU.L is traded in GBP. To make them comparable, the DFEU.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, LBNK.DE achieves a 7.56% return, which is significantly higher than DFEU.L's 2.91% return.
LBNK.DE
- 1D
- 0.67%
- 1M
- 2.51%
- YTD
- 7.56%
- 6M
- 15.54%
- 1Y
- 40.00%
- 3Y*
- 42.34%
- 5Y*
- 27.76%
- 10Y*
- 14.15%
DFEU.L
- 1D
- 0.66%
- 1M
- -4.64%
- YTD
- 2.91%
- 6M
- 7.83%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LBNK.DE vs. DFEU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LBNK.DE Lyxor STOXX Europe 600 Banks UCITS ETF Acc | 7.56% | 29.88% |
DFEU.L iShares Europe Defence UCITS ETF EUR Accumulating | 2.92% | -15.55% |
Correlation
The correlation between LBNK.DE and DFEU.L is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 8, 2025 | 0.33 |
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Return for Risk
LBNK.DE vs. DFEU.L — Risk / Return Rank
LBNK.DE
DFEU.L
LBNK.DE vs. DFEU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.DE) and iShares Europe Defence UCITS ETF EUR Accumulating (DFEU.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.
| LBNK.DE | DFEU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.31 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | — | — |
| Martin ratioReturn relative to average drawdown | 8.86 | — | — |
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
| LBNK.DE | DFEU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.20 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | -0.44 | +0.50 |
Drawdowns
LBNK.DE vs. DFEU.L - Drawdown Comparison
The maximum LBNK.DE drawdown since its inception was -81.84%, which is greater than DFEU.L's maximum drawdown of -22.57%. Use the drawdown chart below to compare losses from any high point for LBNK.DE and DFEU.L.
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Drawdown Indicators
| LBNK.DE | DFEU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.84% | -22.57% | -59.27% |
Max Drawdown (1Y)Largest decline over 1 year | -15.83% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -20.26% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.82% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.08% | — | — |
Current DrawdownCurrent decline from peak | -1.13% | -14.69% | +13.56% |
Average DrawdownAverage peak-to-trough decline | -53.20% | -10.67% | -42.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.65% | — | — |
Volatility
LBNK.DE vs. DFEU.L - Volatility Comparison
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Volatility by Period
| LBNK.DE | DFEU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.68% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.02% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.10% | 32.84% | -10.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.90% | 32.84% | -9.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.34% | 32.84% | -7.50% |
LBNK.DE vs. DFEU.L - Expense Ratio Comparison
LBNK.DE has a 0.30% expense ratio, which is lower than DFEU.L's 0.35% expense ratio.
Dividends
LBNK.DE vs. DFEU.L - Dividend Comparison
Neither LBNK.DE nor DFEU.L has paid dividends to shareholders.
Frequently Asked Questions
LBNK.DE and DFEU.L have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LBNK.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LBNK.DE is cheaper with a 0.30% expense ratio, compared with 0.35% for DFEU.L.
LBNK.DE is categorized as Financials Equities, while DFEU.L is Aerospace & Defense. LBNK.DE tracks STOXX® Europe 600 Banks, while DFEU.L tracks STOXX Europe Targeted Defence Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.30% for LBNK.DE and 0.35% for DFEU.L.
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