DFNG
VanEck Defense UCITS ETF
ETF • LSE • GBP
Basic Information
The VanEck Defense UCITS ETF (DFNG) is a UCITS-compliant, physically replicated equity ETF that tracks the MarketVector Global Defense Industry Index, providing targeted exposure to companies serving national defense industries, defense technologies, large-scale cybersecurity and related service providers. The fund is relatively concentrated with 36 holdings (as of the latest factsheet), a total expense ratio of 0.55%, and heavy exposure to Industrials (about 91%) with a smaller Information Technology allocation (about 9%). Country exposure is dominated by the United States (roughly 48%) with meaningful weights in South Korea, France, Israel, Italy and Sweden. Returns for DFNG are primarily driven by defense budgets, government contracts, geopolitical risk dynamics and adoption of defense-related technologies, including aerospace and cybersecurity. The main risks are sector and regional concentration and volatility from smaller or specialized defense firms; the ETF is best used by investors seeking thematic/sector exposure to the global aerospace & defense industry rather than broad-market beta.
Top holdings:
- RTX Corp: 7.9%
- Thales SA: 7.66%
- Leonardo S.p.A.: 7.14%
- Hanwha Aerospace Co Ltd: 6.65%
- Saab AB: 6.31%
- Elbit Systems Ltd: 5.44%
- Curtiss‑Wright Corp: 5.44%
- Palantir Technologies Inc: 4.97%
Price History
| Date | Close | Volume |
|---|---|---|
| Jul 23 | £44.84 | 27,681 |
| Jul 22 | £43.74 | 20,410 |
| Jul 21 | £43.29 | 21,099 |
| Jul 20 | £42.94 | 16,954 |
| Jul 17 | £42.84 | 21,739 |
| Jul 16 | £42.52 | 22,601 |
| Jul 15 | £42.81 | 15,956 |
| Jul 14 | £42.94 | 18,185 |
| Jul 13 | £43.09 | 24,070 |
| Jul 10 | £43.86 | 17,011 |
| Jul 09 | £44.01 | 23,044 |
| Jul 08 | £44.70 | 28,475 |
| Jul 07 | £46.21 | 19,025 |
| Jul 06 | £47.00 | 23,398 |
| Jul 03 | £45.92 | 20,182 |
| Jul 02 | £46.21 | 23,444 |
| Jul 01 | £44.78 | 26,021 |
| Jun 30 | £43.23 | 23,945 |
| Jun 29 | £42.40 | 33,008 |
| Jun 26 | £42.54 | 73,133 |