AMMO
VistaShares Defense Supercycle ETF
VistaShares Defense Supercycle ETF aims to provide investors with exposure to companies that are positioned to benefit from the defense and aerospace sectors, particularly amidst increasing defense spending and geopolitical tensions.
US
EQUITY
Active
MANAGEMENT STYLE
$ 1.6 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Jul 15, 2026 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| LIG NEX1 CO., LTD. | 4.1 % |
| RHEINMETALL AG | 4.1 % |
| MP MATERIALS CORP CLASS A | 3.6 % |
| MILDEF GROUP AB | 3.2 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 3.0 % |
| KITRON ASA | 2.9 % |
| CHEMRING GROUP PLC | 2.8 % |
| COHORT PLC | 2.7 % |
| HENSOLDT AG | 2.6 % |
| L3HARRIS TECHNOLOGIES INC | 2.5 % |
Constituent Breakdown
| Number of holdings | 46 |
| Herfindahl-Hirschman Index | 237 |
| Wgt avg mkt cap (mns) | $29,158 |
| Large cap (>$10bn) | 48.4% |
| Mid cap ($2-10bn) | 26.2% |
| Small cap (<$2bn) | 13.6% |
| Developed mkts. | 80.9% |
| Emerging mkts. | 7.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 43.8 % |
 |
BRITAIN | 7.6 % |
 |
GERMANY | 7.6 % |
 |
SOUTH KOREA | 7.2 % |
 |
NORWAY | 4.7 % |
 |
ITALY | 3.4 % |
 |
PUERTO RICO | 2.4 % |
 |
ISRAEL | 2.3 % |
 |
SWEDEN | 2.1 % |
 |
FRANCE | 1.8 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividend Yield | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Returns | -- | -- | -- | -- | -- | -- | -- | -- | Ann. Volatility | -- | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 4 |
| ADV traded (mns) | $0 |
| Turnover | 6.7% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $0.00 |
| Relative strength (RSI) | 0 |
| MACD/Signal | 0.00/0.00 |
| Bollinger Bands (Upper/Lower) | $0.00/$0.00 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. AMMO |
Expenses vs. AMMO |
ALTAR Score™ vs. AMMO |
|---|---|---|---|---|
| ARMY | Tema International Defense ETF | 32.2% | -7 bp | +2.0% |
| GALX | VistaShares Space Supercycle ETF | 28.8% | 0 bp | -1.2% |
| XAR | State Street SPDR S&P Aerospace & Defense ETF | 28.3% | -40 bp | +0.5% |
| SHLD | Global X Defense Tech ETF | 28.2% | -25 bp | +1.9% |
| PPA | Invesco Aerospace & Defense ETF | 25.4% | -17 bp | +0.6% |
| NATO | Themes Transatlantic Defense ETF | 21.9% | -40 bp | +0.7% |
| UFOD | Tuttle Capital UFO Disclosure ETF | 18.9% | +24 bp | +0.1% |
| DUTY | U.S. Defense ETF | 18.4% | -30 bp | +1.2% |
| MISL | First Trust Indxx Aerospace & Defense ETF | 18.3% | -15 bp | +0.6% |
| ROKT | State Street SPDR S&P Kensho Final Frontiers ETF | 16.7% | -30 bp | -0.5% |
Risk and Returns: AMMO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 8/27/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
1.8%
ALTAR SCORE™
4th
PERCENTILE
AVOID
ETFRC RATING
There are 1,409 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. AMMO's ALTAR Score™ is approximately -1.8 standard
deviations above the category average. This places AMMO in the 4th percentile
among funds in the category.
Sell-Side Consensus
$32.41
PRICE TARGET
+23.9%
UPSIDE