VVMX.DE vs. ASWC.DE
VVMX.DE (VanEck Rare Earth and Strategic Metals UCITS ETF A) and ASWC.DE (HANetf Future of Defence UCITS ETF Acc EUR) are both exchange-traded funds - VVMX.DE is a Commodity Producers Equities fund tracking the MVIS Global Rare Earth/Strategic Metals, while ASWC.DE is a Aerospace & Defense fund tracking the EQM Future of Defence Index. Both are passively managed. Over the past year, VVMX.DE returned 155.75% vs 17.13% for ASWC.DE. At a 0.27 correlation, their price movements are largely independent. VVMX.DE charges 0.59%/yr vs 0.49%/yr for ASWC.DE.
Performance
VVMX.DE vs. ASWC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VVMX.DE achieves a 30.24% return, which is significantly higher than ASWC.DE's 13.04% return.
VVMX.DE
- 1D
- -1.82%
- 1M
- -6.33%
- YTD
- 30.24%
- 6M
- 39.84%
- 1Y
- 155.75%
- 3Y*
- 3.35%
- 5Y*
- —
- 10Y*
- —
ASWC.DE
- 1D
- -0.80%
- 1M
- 8.16%
- YTD
- 13.04%
- 6M
- 14.70%
- 1Y
- 17.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VVMX.DE vs. ASWC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A | 30.24% | 68.45% | -30.81% | -28.00% |
ASWC.DE HANetf Future of Defence UCITS ETF Acc EUR | 13.04% | 38.30% | 39.36% | 14.35% |
Correlation
The correlation between VVMX.DE and ASWC.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2023 | 0.27 |
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Return for Risk
VVMX.DE vs. ASWC.DE — Risk / Return Rank
VVMX.DE
ASWC.DE
VVMX.DE vs. ASWC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) and HANetf Future of Defence UCITS ETF Acc EUR (ASWC.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.
| VVMX.DE | ASWC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.52 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.16 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 7.59 | 1.36 | +6.23 |
| Martin ratioReturn relative to average drawdown | 19.66 | 3.10 | +16.56 |
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
| VVMX.DE | ASWC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.36 | 0.84 | +2.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 1.91 | -1.89 |
Drawdowns
VVMX.DE vs. ASWC.DE - Drawdown Comparison
The maximum VVMX.DE drawdown since its inception was -73.26%, which is greater than ASWC.DE's maximum drawdown of -12.58%. Use the drawdown chart below to compare losses from any high point for VVMX.DE and ASWC.DE.
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Drawdown Indicators
| VVMX.DE | ASWC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.26% | -12.58% | -60.68% |
Max Drawdown (1Y)Largest decline over 1 year | -20.40% | -12.58% | -7.82% |
Max Drawdown (3Y)Largest decline over 3 years | -61.55% | — | — |
Current DrawdownCurrent decline from peak | -25.51% | -2.83% | -22.68% |
Average DrawdownAverage peak-to-trough decline | -41.23% | -2.47% | -38.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.89% | 5.51% | +2.38% |
Volatility
VVMX.DE vs. ASWC.DE - Volatility Comparison
VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) has a higher volatility of 12.59% compared to HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) at 5.89%. This indicates that VVMX.DE's price experiences larger fluctuations and is considered to be riskier than ASWC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VVMX.DE | ASWC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.59% | 5.89% | +6.70% |
Volatility (6M)Calculated over the trailing 6-month period | 32.22% | 15.89% | +16.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.13% | 20.35% | +25.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.38% | 19.12% | +17.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.38% | 19.12% | +17.26% |
VVMX.DE vs. ASWC.DE - Expense Ratio Comparison
VVMX.DE has a 0.59% expense ratio, which is higher than ASWC.DE's 0.49% expense ratio.
Dividends
VVMX.DE vs. ASWC.DE - Dividend Comparison
Neither VVMX.DE nor ASWC.DE has paid dividends to shareholders.
Frequently Asked Questions
VVMX.DE and ASWC.DE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASWC.DE is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASWC.DE is cheaper with a 0.49% expense ratio, compared with 0.59% for VVMX.DE.
VVMX.DE is categorized as Commodity Producers Equities, while ASWC.DE is Aerospace & Defense. VVMX.DE tracks MVIS Global Rare Earth/Strategic Metals, while ASWC.DE tracks EQM Future of Defence Index. They also come from different issuers: VanEck and HANetf. Their fees differ too: 0.59% for VVMX.DE and 0.49% for ASWC.DE.
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