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DFNS

Defense ETF
VanEck Defense UCITS ETF

DFNS

Defense ETF
VanEck Defense UCITS ETF

ISIN: IE000YYE6WK5 copy-icon

Fund Description

As global uncertainty persists, the issue of security and defense has once again become one of the top concerns for national governments. VanEck‘s Defense ETF provides investors with access to leading defense technology companies, large-scale cybersecurity firms and defense-relevant service providers.

  • NAV
    $31.23

    as of 17 May 2024
  • YTD RETURNS
    24.23%

    as of 17 May 2024
  • Total Net Assets
    $734.0 million

    as of 17 May 2024
  • Total Expense Ratio
    0.55%
  • Inception Date
    31 Mar 2023
  • SFDR Classification
    Article 6

Overview

Fund Description

As global uncertainty persists, the issue of security and defense has once again become one of the top concerns for national governments. VanEck‘s Defense ETF provides investors with access to leading defense technology companies, large-scale cybersecurity firms and defense-relevant service providers.

  • Pure-play exposure to companies involved in the defense industry
  • Diversified access with at least 25 companies
  • Controversial weapons screening


Risk: You may lose money up to the total loss of your investment due to the Main Risk Factors such as Equity Market Risk and Industry or Sector Concentration Risk described below in the KID and in the sales prospectus. Market evolution not guaranteed.



Underlying Index

MarketVector™ Global Defense Industry Index (MVDEFTR)

Fund Highlights

  • Pure-play exposure to companies involved in the defense industry
  • Diversified access with at least 25 companies
  • Controversial weapons screening


Risk: You may lose money up to the total loss of your investment due to the Main Risk Factors such as Equity Market Risk and Industry or Sector Concentration Risk described below in the KID and in the sales prospectus. Market evolution not guaranteed.



Underlying Index

MarketVector™ Global Defense Industry Index (MVDEFTR)

Performance

Holdings

Portfolio

Literature

Index

Index Description

The MarketVector™ Global Defense Industry Index tracks the overall performance of companies serving national defense industries.

Index Key Points

Underlying Index
MarketVector™ Global Defense Industry Index (MVDEFTR)

The Index Composition:

The MarketVector™ Global Defense Industry Index tracks the performance of companies that are involved in serving national defense industries.

Companies initially eligible for inclusion in Index:

  • Companies involved in the defense industry, including related national/federal governmental departments. This includes companies deriving at least 50% (25% for current components) of their revenues from the following themes:
    1. Aerospace and Defense products and services.
    2. Communications systems and services, including satellites.
    3. Unmanned vehicles.
    4. Event response, security, or safety-related software.
    5. Information Technology hardware and services.
    6. Cybersecurity software.
    7. Training and simulation software and products.
    8. Digital forensics, detection devices, and e-authentication/biometric identification
  • Market cap exceeding $1 billion
  • Three-month average daily turnover greater than $1 million
  • Minimum trading volume of 250,000 shares each month over last 6 months
  • Individual company weights are capped at 8%
  • Excludes companies that very severely violate UN Global Compact Principles
  • Controversial Weapons screen

 

Index provider:
MarketVector Indexes