NUKL.DE vs. DFEN.DE
NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) and DFEN.DE (VanEck Defense UCITS ETF A) are both exchange-traded funds - NUKL.DE is a Energy Equities fund tracking the MarketVector Global Uranium and Nuclear Energy Infrastructure, while DFEN.DE is a Aerospace & Defense fund tracking the MarketVector Global Defense Industry Index. Both are passively managed. Over the past year, NUKL.DE returned 50.82% vs 14.03% for DFEN.DE. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.55% expense ratio.
Performance
NUKL.DE vs. DFEN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, NUKL.DE achieves a 11.67% return, which is significantly higher than DFEN.DE's 4.02% return.
NUKL.DE
- 1D
- 0.87%
- 1M
- -1.33%
- YTD
- 11.67%
- 6M
- 4.20%
- 1Y
- 50.82%
- 3Y*
- 41.91%
- 5Y*
- —
- 10Y*
- —
DFEN.DE
- 1D
- 0.30%
- 1M
- -3.33%
- YTD
- 4.02%
- 6M
- 6.91%
- 1Y
- 14.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NUKL.DE vs. DFEN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A | 11.67% | 51.50% | 38.03% | 19.70% |
DFEN.DE VanEck Defense UCITS ETF A | 4.02% | 50.76% | 51.97% | 8.67% |
Correlation
The correlation between NUKL.DE and DFEN.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2023 | 0.46 |
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Return for Risk
NUKL.DE vs. DFEN.DE — Risk / Return Rank
NUKL.DE
DFEN.DE
NUKL.DE vs. DFEN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.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.
| NUKL.DE | DFEN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.11 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 0.75 | +1.11 |
| Martin ratioReturn relative to average drawdown | 4.43 | 1.81 | +2.62 |
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
| NUKL.DE | DFEN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 0.56 | +0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 1.75 | -0.65 |
Drawdowns
NUKL.DE vs. DFEN.DE - Drawdown Comparison
The maximum NUKL.DE drawdown since its inception was -37.52%, 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 NUKL.DE and DFEN.DE.
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Drawdown Indicators
| NUKL.DE | DFEN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.52% | -18.60% | -18.92% |
Max Drawdown (1Y)Largest decline over 1 year | -27.12% | -18.60% | -8.52% |
Max Drawdown (3Y)Largest decline over 3 years | -37.52% | — | — |
Current DrawdownCurrent decline from peak | -12.83% | -15.21% | +2.38% |
Average DrawdownAverage peak-to-trough decline | -7.79% | -3.27% | -4.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.43% | 7.72% | +3.71% |
Volatility
NUKL.DE vs. DFEN.DE - Volatility Comparison
VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) has a higher volatility of 11.05% compared to VanEck Defense UCITS ETF A (DFEN.DE) at 7.38%. This indicates that NUKL.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.
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Volatility by Period
| NUKL.DE | DFEN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.05% | 7.38% | +3.67% |
Volatility (6M)Calculated over the trailing 6-month period | 28.97% | 19.16% | +9.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.82% | 24.79% | +17.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.24% | 21.47% | +12.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.24% | 21.47% | +12.77% |
NUKL.DE vs. DFEN.DE - Expense Ratio Comparison
Both NUKL.DE and DFEN.DE have an expense ratio of 0.55%.
Dividends
NUKL.DE vs. DFEN.DE - Dividend Comparison
Neither NUKL.DE nor DFEN.DE has paid dividends to shareholders.
Frequently Asked Questions
NUKL.DE and DFEN.DE have a correlation of 0.50, 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.
NUKL.DE and DFEN.DE have the same expense ratio: 0.55% per year.
NUKL.DE is categorized as Energy Equities, while DFEN.DE is Aerospace & Defense. NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure, while DFEN.DE tracks MarketVector Global Defense Industry Index.
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