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WisdomTree Europe Defense Fund (WDEF)

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.

CountryUnited States of America
ExchangeAMEX
Trades inUSD
Current price
28.28 USD-0.60%
Close 21 Oct 2026
Interval
Benchmarks

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)

NameTickerWeight
BAE Systems PLCBA.L9.99%
Thales SAHO.PA9.88%
Rheinmetall AGRHM.DE9.86%
Saab Ab-BSAABB.ST5.93%
Leonardo SpaLDO.MI5.15%
Dassault Aviation SaAM.PA4.54%
Kongsberg Gruppen AsaKOG.OL4.51%
Airbus SEAIR.PA4.43%
Indra Sistemas SAIDR.MC4.39%
Safran SASAF.PA4.38%
and 29 more

Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

WisdomTree Europe Defense Fund (WDEF)

WDEF · AMEX
28.28 USD-0.60%
Sign up to track this ETF
Benchmarks
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)
NameTickerWeight
BAE Systems PLCBA.L9.99%
Thales SAHO.PA9.88%
Rheinmetall AGRHM.DE9.86%
Saab Ab-BSAABB.ST5.93%
Leonardo SpaLDO.MI5.15%
Dassault Aviation SaAM.PA4.54%
Kongsberg Gruppen AsaKOG.OL4.51%
Airbus SEAIR.PA4.43%
Indra Sistemas SAIDR.MC4.39%
Safran SASAF.PA4.38%
and 29 more
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.

CountryUnited States of America
Trades inUSD
Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

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