Summary
VistaShares Defense Supercycle ETF is an ETF - a fund traded on an exchange like a stock - run by VistaShares. Positions inside: 56. The ten largest make up 34% of the fund.
- Yearly costs
- 0.75%
- Fund size
- $2.53M
- Positions
- 56
- Running since
- 2026
What speaks for it
Nothing stands out in its favour.
What to watch
- 78% of the fund is in one sector (Industrials).
- Costs of 0.75% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2026.
- A small fund with $2.53M under management; small funds get closed more often.
- It trades little: only about $54.0K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -16%
- 3 months
- -25%
- Avg. market cap
- $41.8B
- P/E
- 32.3x
- Forward P/E
- 26.8x
- P/S
- 0.0x
- P/B
- 0.0x
- P/FCF
- 28.7x
- EV/EBITDA
- 20.7x
- Dividend yield
- 0.40%
- ROIC
- 9.1%
- ROE
- 15.0%
- Gross margin
- 32.4%
- Operating margin
- 9.6%
- Net margin
- 6.1%
- Payout ratio
- 12.8%
- Net debt/EBITDA
- 1.3x
- Beta
- 0.00
Weighted average of the 49 largest companies, which make up 90% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 MIMilDef Group AB (publ) MILDEF.ST 4.5%
- 2 RHRheinmetall AG RHM.DE 4.0%
- 3 Cohort PLC 3.6%
- 4 KIKitron ASA KIT.OL 3.6%
- 5 PLPalantir PLTR 3.5%
- 6 Chemring Group PLC 3.2%
- 7 LHL3Harris Technologies, Inc. LHX 3.0%
- 8 07LIG Defense & Aerospace Co Ltd 079550.KS 3.0%
- 9 MPMP Materials MP 2.7%
- 10 HAHensoldt HAG.DE 2.7%
Positions in the fund: 56. The ten largest make up 34% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One sector dominatesBy sector
- Industrials 78%
- Technology 19%
- Basic materials 3.1%
By country
- United States 44%
- Germany 12%
- United Kingdom 8.5%
- Sweden 6.8%
- Other countries 29%
By company size
- Mega cap 6.0%
- Large cap 49%
- Mid cap 34%
- Small cap 12%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 85% of the fund.
Largest sector: Industrials (78%). Largest country: United States (44%). Largest size group: Large cap (49%).
What does it cost me?
Expensive- A year from $10,000
- $75.00
- Over 20 years
- $3,544
From every $10,000 invested the fund takes $75.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,544.
How has it done?
- Deepest drop
- -29%
It has traded for less than a year, too short to judge.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
It trades little- Traded a day
- $54.0K
- Shares a day
- 2.6K
On an average day about $54.0K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 32.3
- Average Bulios Score
- 57 out of 100
Weight by Bulios Fair Price
- Undervalued 14%
- Fairly valued 16%
- Overvalued 70%
On average the companies inside trade for 32.3 times their yearly profit. By Fair Price, 70% of the rated weight comes out as overvalued.
Counted from its largest companies (49), which make up 90% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
AR ARMY Tema International Defense Innovation ETF | United States | 0.75% | $2.38M | - | - | 34% |
IV IVDF.DE Invesco Defence Innovation UCITS ETF AccumUSD | Ireland | 0.35% | $153.2M | +9.7% | Reinvests | 34% |
WD WDGF WisdomTree Global Defense Fund | United States | 0.45% | $2.23M | -5.4% | Pays out | 33% |
GA GALX VistaShares Space Supercycle ETF | United States | 0.75% | $1.89M | - | - | 31% |
AR ARMR.AX BetaShares - Global Defence ETF | Australia | 0.55% | $160.0M | -12% | Pays out | 29% |
DF DFNS.MI VanEck Defense ETF | Ireland | 0.55% | $6.88B | -8.2% | Reinvests | 28% |
