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 |
|---|---|---|
| Jun 02 | £47.51 | 50,418 |
| Jun 01 | £48.56 | 56,571 |
| May 29 | £49.35 | 27,026 |
| May 28 | £49.82 | 47,712 |
| May 27 | £47.78 | 40,245 |
| May 26 | £48.19 | 58,507 |
| May 22 | £46.59 | 49,095 |
| May 21 | £46.32 | 27,874 |
| May 20 | £46.45 | 30,639 |
| May 19 | £45.79 | 58,430 |
| May 18 | £45.34 | 56,172 |
| May 15 | £45.48 | 39,675 |
| May 14 | £46.23 | 39,603 |
| May 13 | £45.58 | 57,765 |
| May 12 | £45.67 | 50,922 |
| May 11 | £46.13 | 93,856 |
| May 08 | £46.38 | 72,149 |
| May 07 | £47.00 | 94,520 |
| May 06 | £48.30 | 73,749 |
| May 05 | £48.68 | 54,297 |