EDEF.L
Global X Europe Focused Defence Tech UCITS ETF
Europe
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 20.9 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Inception date | May 20, 2025 |
| Regulation | UCITS |
| 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 +
| SAAB CLASS B | 13.7 % |
| THALES SA | 11.8 % |
| BABCOCK INTL GROUP PLC | 10.5 % |
| RHEINMETALL AG | 9.5 % |
| DASSAULT AVIATION SA | 9.1 % |
| BAE SYSTEMS PLC | 8.8 % |
| KOREA AEROSPACE INDUSTRIES | 6.9 % |
| HENSOLDT AG | 6.7 % |
| ASELSAN ELEKTRONIK SANAYI | 5.9 % |
| OSI SYSTEMS INC | 4.7 % |
Constituent Breakdown
| Number of holdings | 17 |
| Herfindahl-Hirschman Index | 877 |
| Wgt avg mkt cap (mns) | $30,762 |
| Large cap (>$10bn) | 58.4% |
| Mid cap ($2-10bn) | 36.1% |
| Small cap (<$2bn) | 4.8% |
| Developed mkts. | 88.6% |
| Emerging mkts. | 11.4% |
Sector Breakdown
Country Exposure
 |
BRITAIN | 25.1 % |
 |
FRANCE | 22.6 % |
 |
GERMANY | 16.3 % |
 |
SWEDEN | 13.7 % |
 |
UNITED STATES | 7.4 % |
 |
SOUTH KOREA | 6.9 % |
 |
TURKEY | 5.9 % |
 |
AUSTRALIA | 1.2 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| 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) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| 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. EDEF.L |
Expenses vs. EDEF.L |
ALTAR Score™ vs. EDEF.L |
|---|---|---|---|---|
| XDEF.DE | Xtrackers Europe Defence Technologies UCITS ETF 1C | 36.3% | -15 bp | +1.0% |
| ARMR.L | Global X Defence Tech UCITS ETF | 27.4% | +10 bp | +0.1% |
| DFND.L | iShares Global Aerospace & Defence UCITS ETF | 12.8% | -5 bp | -0.9% |
| EXH4.DE | iShares STOXX Europe 600 Industrial Goods & Services UCITS E | 11.4% | +6 bp | +1.5% |
Risk and Returns: EDEF.L 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 4/5/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
3.1%
ALTAR SCORE™
1st
PERCENTILE
AVOID
ETFRC RATING
There are 239 funds in the Europe Equity category with an average
ALTAR Score™ of 7.2% and a standard deviation
of 1.3%. EDEF.L's ALTAR Score™ is approximately -3.1 standard
deviations above the category average. This places EDEF.L in the 1st percentile
among funds in the category.
Sell-Side Consensus
$21.36
PRICE TARGET
+13.4%
UPSIDE