Global shares
DFND
VanEck Global Defence ETF · VanEck
Around 40 aerospace and defence companies from around the world, plus related software and electronics firms.
What the fee costs you
The management fee is 0.65% a year. Here’s what that works out to in dollars:
A 0.65% yearly fee works out to about $65 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- VanEck
- Asset class
- Global shares
- Number of holdings
- ~40
- Where it invests
- Global, about half in the United States with the rest across Europe, South Korea and Israel.
- Income paid
- Annually
- Currency hedged
- No — It's unhedged, so for an Australian investor the value also moves with the Australian dollar against foreign currencies, on top of the shares themselves.
Its character
A single-theme fund built around defence spending: makers of military aircraft, weapons, electronics and related software. A relatively new and narrow fund whose fortunes track government defence budgets.
What to keep in mind
A concentrated, single-theme fund of around 40 companies, heavily dependent on government defence spending and policy. Launched in 2024, it has a short track record. Unhedged, so currency movements also affect the value.
Figures last verified 2026-06-23against the issuer’s factsheet and PDS.