XDEF vs. BPH

Last updated Jun 24, 2026

XDEF (Xtrackers Europe Defense Technologies ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - XDEF is a Aerospace & Defense fund tracking the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index, while BPH is a Energy Equities fund actively managed by Precidian. XDEF is passively managed, while BPH is actively managed. At a correlation of -0.21, they often move in opposite directions. XDEF charges 0.35%/yr vs 0.19%/yr for BPH.

Performance

XDEF vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Europe Defense Technologies ETF (XDEF) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XDEF

• 1D: -0.23%
• 1M: -2.40%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: -0.55%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDEF vs. BPH - Yearly Performance Comparison

	2026 (YTD)
XDEF Xtrackers Europe Defense Technologies ETF	-2.40%
BPH BP p.l.c. ADRhedged ETF	-5.53%

Correlation

The correlation between XDEF and BPH is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	-0.21

Return for Risk

XDEF vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Europe Defense Technologies ETF (XDEF) and BP p.l.c. ADRhedged ETF (BPH). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

XDEF vs. BPH - Drawdown Comparison

The maximum XDEF drawdown since its inception was -99.30%, which is greater than BPH's maximum drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for XDEF and BPH.

Drawdown Indicators

	XDEF	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-99.30%	-9.43%	-89.87%
Current Drawdown Current decline from peak	-99.26%	-8.71%	-90.55%
Average Drawdown Average peak-to-trough decline	-73.02%	-3.18%	-69.84%

Volatility

Volatility by Period

	XDEF	BPH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	148.20%	24.10%	+124.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	148.20%	24.10%	+124.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	148.20%	24.10%	+124.10%

XDEF vs. BPH - Expense Ratio Comparison

XDEF has a 0.35% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

XDEF vs. BPH - Dividend Comparison

XDEF's dividend yield for the trailing twelve months is around 1.52%, more than BPH's 0.53% yield.

Position	TTM
BPH BP p.l.c. ADRhedged ETF	0.53%
XDEF Xtrackers Europe Defense Technologies ETF	1.52%

Frequently Asked Questions

Can I hold both XDEF and BPH in my portfolio?

XDEF and BPH have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDEF or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEF or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.35% for XDEF.

Which ETF pays a higher dividend yield, XDEF or BPH?

XDEF has the higher dividend yield at 1.52%, compared with 0.53% for BPH.

What is the main difference between XDEF and BPH?

XDEF is categorized as Aerospace & Defense, while BPH is Energy Equities. They also come from different issuers: Xtrackers and Precidian. Their fees differ too: 0.35% for XDEF and 0.19% for BPH.