ETF overview
The WisdomTree Europe Defense Fund (WDEF) utilizes a passive management approach, aiming to invest in companies operating within the European defense industry. Instead of holding every single constituent, the fund employs a representative sampling methodology to closely mirror the risk and return characteristics of its underlying index. For a company to be eligible for inclusion, it must be listed in a European country, satisfy specific minimum requirements for size and liquidity, and generate at least 10% of its total revenue from defense-related activities. Eligible securities are then classified into three distinct categories based on their percentage of defense revenue: Category 1 represents 12-25% exposure, Category 2 covers 25-50%, and Category 3 includes those with over 50%. The index imposes individual concentration limits, setting a maximum of 12.5% for companies in the highest exposure Category 3 and 4.5% for those in Categories 1 and 2. Portfolio holdings are predominantly weighted by their free-float market capitalization, with a further adjustment based on their specific level of defense revenue exposure. The underlying index is subject to rebalancing twice per year, specifically in March and September.
Fund facts
- Expense ratio
- 0.45%
- Fund assets
- 82.37M USD (all share classes)
- Issuer
- WisdomTree
- Inception date
- Jul 17, 2025
- Number of holdings
- 42
Breakdown
Holdings (42)
| Name | Ticker | Weight |
|---|---|---|
| BAE Systems PLC | BA.L | 9.99% |
| Thales SA | HO.PA | 9.88% |
| Rheinmetall AG | RHM.DE | 9.86% |
| Saab Ab-B | SAABB.ST | 5.93% |
| Leonardo Spa | LDO.MI | 5.15% |
| Dassault Aviation Sa | AM.PA | 4.54% |
| Kongsberg Gruppen Asa | KOG.OL | 4.51% |
| Airbus SE | AIR.PA | 4.43% |
| Indra Sistemas SA | IDR.MC | 4.39% |
| Safran SA | SAF.PA | 4.38% |
| and 29 more | ||
Similar ETFs
- WisdomTree Europe Defence UCITS ETF - EUR AccWDEF.L · Overlap 73% · Expense ratio 0.40%
- HANetf ICAV - Future of European Defence Screened UCITS ETF AccumEURARMY.L · Overlap 72% · Expense ratio 0.39%
- Amundi Stoxx Europe Defense Capitalisation -UCITS ETF Acc-DEFS.L · Overlap 62% · Expense ratio 0.35%
- Select STOXX Europe Aerospace & Defense ETFEUAD · Overlap 43% · Expense ratio 0.50%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.45%
- Fund assets
- 82.37M USD (all share classes)
- Issuer
- WisdomTree
- Inception date
- Jul 17, 2025
- Number of holdings
- 42
| Name | Ticker | Weight |
|---|---|---|
| BAE Systems PLC | BA.L | 9.99% |
| Thales SA | HO.PA | 9.88% |
| Rheinmetall AG | RHM.DE | 9.86% |
| Saab Ab-B | SAABB.ST | 5.93% |
| Leonardo Spa | LDO.MI | 5.15% |
| Dassault Aviation Sa | AM.PA | 4.54% |
| Kongsberg Gruppen Asa | KOG.OL | 4.51% |
| Airbus SE | AIR.PA | 4.43% |
| Indra Sistemas SA | IDR.MC | 4.39% |
| Safran SA | SAF.PA | 4.38% |
| and 29 more | ||
The WisdomTree Europe Defense Fund (WDEF) utilizes a passive management approach, aiming to invest in companies operating within the European defense industry. Instead of holding every single constituent, the fund employs a representative sampling methodology to closely mirror the risk and return characteristics of its underlying index. For a company to be eligible for inclusion, it must be listed in a European country, satisfy specific minimum requirements for size and liquidity, and generate at least 10% of its total revenue from defense-related activities. Eligible securities are then classified into three distinct categories based on their percentage of defense revenue: Category 1 represents 12-25% exposure, Category 2 covers 25-50%, and Category 3 includes those with over 50%. The index imposes individual concentration limits, setting a maximum of 12.5% for companies in the highest exposure Category 3 and 4.5% for those in Categories 1 and 2. Portfolio holdings are predominantly weighted by their free-float market capitalization, with a further adjustment based on their specific level of defense revenue exposure. The underlying index is subject to rebalancing twice per year, specifically in March and September.
- WisdomTree Europe Defence UCITS ETF - EUR AccWDEF.L · Overlap 73% · Expense ratio 0.40%
- HANetf ICAV - Future of European Defence Screened UCITS ETF AccumEURARMY.L · Overlap 72% · Expense ratio 0.39%
- Amundi Stoxx Europe Defense Capitalisation -UCITS ETF Acc-DEFS.L · Overlap 62% · Expense ratio 0.35%
- Select STOXX Europe Aerospace & Defense ETFEUAD · Overlap 43% · Expense ratio 0.50%
Overlap is the share of assets the two funds hold in common.
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