VanEck Defense (Germany) Performance
| DFEN Etf | 34.60 0.13 0.38% |
The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VanEck Defense's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Defense is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Defense ETF are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, VanEck Defense may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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VanEck Defense Relative Risk vs. Return Landscape
If you would invest 3,104 in VanEck Defense ETF on September 23, 2024 and sell it today you would earn a total of 356.00 from holding VanEck Defense ETF or generate 11.47% return on investment over 90 days. VanEck Defense ETF is generating 0.1749% of daily returns and assumes 1.4424% volatility on return distribution over the 90 days horizon. Simply put, 12% of etfs are less volatile than VanEck, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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VanEck Defense Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Defense's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Defense ETF, and traders can use it to determine the average amount a VanEck Defense's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1213
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average VanEck Defense is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Defense by adding it to a well-diversified portfolio.