XDEF vs. DGIT.L

Last updated Jun 4, 2026

XDEF (Xtrackers Europe Defense Technologies ETF) and DGIT.L (iShares Digitalisation UCITS Acc) 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 DGIT.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. At a 0.34 correlation, their price movements are largely independent. XDEF charges 0.35%/yr vs 0.40%/yr for DGIT.L.

Performance

XDEF vs. DGIT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Europe Defense Technologies ETF (XDEF) and iShares Digitalisation UCITS Acc (DGIT.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XDEF is traded in USD, while DGIT.L is traded in GBp. To make them comparable, the DGIT.L values have been converted to USD using the latest available exchange rates.

Returns By Period

XDEF

• 1D: -2.06%
• 1M: -2.01%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DGIT.L

• 1D: -2.14%
• 1M: 7.41%
• YTD: 1.21%
• 6M: 0.11%
• 1Y: 0.05%
• 3Y*: 14.29%
• 5Y*: 0.79%
• 10Y*: —

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

XDEF vs. DGIT.L - Yearly Performance Comparison

	2026 (YTD)
XDEF Xtrackers Europe Defense Technologies ETF	-99.17%
DGIT.L iShares Digitalisation UCITS Acc	2.32%

Correlation

The correlation between XDEF and DGIT.L is 0.34, 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 Jan 5, 2026	0.34

Return for Risk

XDEF vs. DGIT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DGIT.L

DGIT.L Risk / Return Rank: 9
DGIT.L Sharpe Ratio Rank: 9
DGIT.L Sortino Ratio Rank: 9
DGIT.L Omega Ratio Rank: 9
DGIT.L Calmar Ratio Rank: 9
DGIT.L Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDEF vs. DGIT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Europe Defense Technologies ETF (XDEF) and iShares Digitalisation UCITS Acc (DGIT.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.

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

Sharpe Ratios by Period

	XDEF	DGIT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.64	0.43	-1.07

Drawdowns

XDEF vs. DGIT.L - Drawdown Comparison

The maximum XDEF drawdown since its inception was -99.30%, which is greater than DGIT.L's maximum drawdown of -46.83%. Use the drawdown chart below to compare losses from any high point for XDEF and DGIT.L.

Drawdown Indicators

	XDEF	DGIT.L	Difference
Max Drawdown Largest peak-to-trough decline	-99.30%	-46.83%	-52.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-23.85%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.83%	—
Current Drawdown Current decline from peak	-99.26%	-7.33%	-91.93%
Average Drawdown Average peak-to-trough decline	-70.45%	-12.74%	-57.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.28%	—

Volatility

Volatility by Period

	XDEF	DGIT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	157.63%	17.25%	+140.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	157.63%	21.29%	+136.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	157.63%	20.31%	+137.32%

XDEF vs. DGIT.L - Expense Ratio Comparison

XDEF has a 0.35% expense ratio, which is lower than DGIT.L's 0.40% expense ratio.

Dividends

XDEF vs. DGIT.L - Dividend Comparison

Neither XDEF nor DGIT.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDEF and DGIT.L in my portfolio?

XDEF and DGIT.L have a correlation of 0.34, 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 DGIT.L?

On fees, XDEF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDEF or DGIT.L?

XDEF is cheaper with a 0.35% expense ratio, compared with 0.40% for DGIT.L.

What is the main difference between XDEF and DGIT.L?

XDEF is categorized as Aerospace & Defense, while DGIT.L is Technology Equities. XDEF tracks STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index, while DGIT.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.35% for XDEF and 0.40% for DGIT.L.