PWR vs. DFEN.DE
PWR (Quanta Services, Inc.) is a stock, while DFEN.DE (VanEck Defense UCITS ETF A) is Aerospace & Defense fund tracking the MarketVector Global Defense Industry Index. Over the past 3 years, PWR returned 56.60%/yr vs 40.64%/yr for DFEN.DE. At a 0.32 correlation, their price movements are largely independent.
Performance
PWR vs. DFEN.DE - Performance Comparison
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Different Trading Currencies
PWR is traded in USD, while DFEN.DE is traded in EUR. To make them comparable, the DFEN.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PWR achieves a 67.76% return, which is significantly higher than DFEN.DE's 1.46% return.
PWR
- 1D
- 3.58%
- 1M
- -8.53%
- YTD
- 67.76%
- 6M
- 61.62%
- 1Y
- 97.52%
- 3Y*
- 56.60%
- 5Y*
- 50.60%
- 10Y*
- 41.17%
DFEN.DE
- 1D
- 0.49%
- 1M
- 1.00%
- YTD
- 1.46%
- 6M
- 2.92%
- 1Y
- 13.94%
- 3Y*
- 40.64%
- 5Y*
- —
- 10Y*
- —
PWR vs. DFEN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PWR Quanta Services, Inc. | 67.76% | 33.70% | 46.60% | 32.91% |
DFEN.DE VanEck Defense UCITS ETF A | 1.46% | 70.20% | 43.28% | 24.17% |
Correlation
The correlation between PWR and DFEN.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2023 | 0.32 |
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Return for Risk
PWR vs. DFEN.DE — Risk / Return Rank
PWR
DFEN.DE
PWR vs. DFEN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Quanta Services, Inc. (PWR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PWR | DFEN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.10 | ||
| Sortino ratioReturn per unit of downside risk | +2.36 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.11 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 5.73 | 0.71 | +5.02 |
| Martin ratioReturn relative to average drawdown | 18.09 | 1.73 | +16.35 |
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Drawdowns
PWR vs. DFEN.DE - Drawdown Comparison
The maximum PWR drawdown since its inception was -97.07%, which is greater than DFEN.DE's maximum drawdown of -19.59%. Use the drawdown chart below to compare losses from any high point for PWR and DFEN.DE.
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Drawdown Indicators
| PWR | DFEN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.07% | -19.59% | -77.48% |
Max Drawdown (1Y)Largest decline over 1 year | -17.11% | -19.59% | +2.48% |
Max Drawdown (3Y)Largest decline over 3 years | -33.89% | -19.59% | -14.30% |
Max Drawdown (5Y)Largest decline over 5 years | -33.89% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.53% | — | — |
Current DrawdownCurrent decline from peak | -9.87% | -16.58% | +6.71% |
Average DrawdownAverage peak-to-trough decline | -46.84% | -3.51% | -43.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.41% | 8.02% | -2.61% |
Volatility
PWR vs. DFEN.DE - Volatility Comparison
Quanta Services, Inc. (PWR) has a higher volatility of 13.07% compared to VanEck Defense UCITS ETF A (DFEN.DE) at 7.93%. This indicates that PWR'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
| PWR | DFEN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.07% | 7.93% | +5.14% |
Volatility (6M)Calculated over the trailing 6-month period | 30.74% | 19.89% | +10.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.12% | 25.41% | +11.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.79% | 21.76% | +14.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.78% | 21.76% | +12.02% |
Dividends
PWR vs. DFEN.DE - Dividend Comparison
PWR's dividend yield for the trailing twelve months is around 0.06%, while DFEN.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DFEN.DE VanEck Defense UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PWR Quanta Services, Inc. | 0.06% | 0.09% | 0.09% | 0.15% | 0.25% | 0.16% | 0.29% | 0.42% | 0.13% |
Frequently Asked Questions
PWR and DFEN.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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