Thematic

Defense & Aerospace ETFs

Funds concentrated in military contractors, aerospace suppliers and defense electronics. Differences come down to pure-play defense vs. commercial aerospace exposure, and US-only vs. global mandates.

Sort6 funds

ITA

iShares U.S. Aerospace & Defense ETF

iShares

Tracks US-listed aerospace and defense manufacturers, including commercial aerospace.

Fee: 0.40%
AUM: $8.4B
Yield: 0.7%

1Y: +32.1%
5Y ann.: +16.8%
10Y ann.: —
All-time: —

PPA

Invesco Aerospace & Defense ETF

Invesco

Broader defense definition that includes IT services and government contractors.

Fee: 0.57%
AUM: $5.6B
Yield: 0.5%

1Y: +30.4%
5Y ann.: +18.2%
10Y ann.: —
All-time: —

XAR

SPDR S&P Aerospace & Defense ETF

SPDR

Modified equal-weight, giving small and mid-cap defense suppliers real influence.

Fee: 0.35%
AUM: $3.2B
Yield: 0.4%

1Y: +27.8%
5Y ann.: +14.9%
10Y ann.: —
All-time: —

SHLD

Global X Defense Tech ETF

Global X

Global defense technology: cyber, autonomy and advanced weapons, incl. European primes.

Fee: 0.50%
AUM: $3.1B
Yield: 0.3%

1Y: +48.6%
5Y ann.: —
10Y ann.: —
All-time: —

EUAD

Select STOXX Europe Aerospace & Defense ETF

Select

Pure European defense exposure, the main vehicle for the NATO rearmament trade.

Fee: 0.50%
AUM: $2.4B
Yield: 0.6%

1Y: +71.3%
5Y ann.: —
10Y ann.: —
All-time: —

DFEN

Direxion Daily Aerospace & Defense Bull 3X

Direxion

3x daily leveraged defense exposure. A trading tool, not a buy-and-hold position.

Fee: 0.95%
AUM: $300M
Yield: 0.0%

1Y: +82.4%
5Y ann.: +22.1%
10Y ann.: —
All-time: —