Summary
HanETF Future of Defence UCITS ETF is an ETF - a fund traded on an exchange like a stock - run by HanETF. Positions inside: 63. The ten largest make up 45% of the fund.
- Yearly costs
- 0.49%
- Fund size
- 2.96B €
- Positions
- 63
- Dividends
- Reinvested
- Running since
- 2023
What speaks for it
- A large fund with 2.96B € under management.
- Average yearly growth over the last three years: 32%.
What to watch
- 63% of the fund is in one sector (Industrials).
- Costs of 0.49% a year are above the middle of comparable funds (0.44%).
- It trades little: only about 364.2K € 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
- -7.6%
- 3 months
- -10%
- This year
- +8.9%
- 1 year
- +6.6%
- 3 years
- +129%
- Avg. market cap
- $126.0B
- P/E
- 32.1x
- Forward P/E
- 24.5x
- P/S
- 2.8x
- P/B
- 5.4x
- P/FCF
- 24.5x
- EV/EBITDA
- 20.1x
- Dividend yield
- 0.90%
- ROIC
- 10.2%
- ROE
- 24.5%
- Gross margin
- 40.2%
- Operating margin
- 11.8%
- Net margin
- 9.9%
- Payout ratio
- 29.0%
- Net debt/EBITDA
- -0.2x
- Beta
- 0.18
Weighted average of the 50 largest companies, which make up 89% 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 BAE SYSTEMS PLC 5.1%
- 2 LMLockheed Martin LMT 4.8%
- 3 CRCrowdStrike CRWD 4.7%
- 4 RHRheinmetall AG RHM.DE 4.7%
- 5 PAPalo Alto Networks PANW 4.6%
- 6 GDGeneral Dynamics GD 4.4%
- 7 NONorthrop Grumman Corp NOC 4.3%
- 8 RTRTX RTX 4.2%
- 9 SASafran SAF.PA 4.2%
- 10 PLPalantir PLTR 4.2%
Positions in the fund: 63. The ten largest make up 45% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One sector dominatesBy sector
- Industrials 63%
- Technology 37%
By country
- United States 61%
- France 8.7%
- United Kingdom 7.9%
- Germany 6.5%
- Other countries 15%
By company size
- Mega cap 25%
- Large cap 66%
- Mid cap 8.9%
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 88% of the fund.
Largest sector: Industrials (63%). Largest country: United States (61%). Largest size group: Large cap (66%).
What does it cost me?
Expensive- A year from 10,000 €
- 49.00 €
- Over 20 years
- 2,370 €
From every 10,000 € invested the fund takes 49.00 € 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 2,370 €.
How has it done?
Growing over the long run- A year on average, 3 years
- +32%
- Deepest drop
- -14%
- Yearly volatility
- 22%
Average yearly growth over the last three years: 32%. Deepest drop in these years: 14% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
It trades little- Traded a day
- 364.2K €
- Shares a day
- 21K
On an average day about 364.2K € of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 32.1
- Average Bulios Score
- 60 out of 100
Weight by Bulios Fair Price
- Undervalued 25%
- Fairly valued 18%
- Overvalued 57%
On average the companies inside trade for 32.1 times their yearly profit. By Fair Price, 57% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 89% 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 ARMR.AX BetaShares - Global Defence ETF | Australia | 0.55% | $160.0M | -12% | Pays out | 67% |
WD WDGF WisdomTree Global Defense Fund | United States | 0.45% | $2.23M | -5.4% | Pays out | 57% |
SH SHLD Global X - Defense Tech ETF | United States | 0.50% | $4.41B | -11% | Pays out | 55% |
TS TSSD Truth Social American Security & Defense ETF | United States | 0.65% | $15.6M | - | Pays out | 54% |
ID IDEF iShares Defense Industrials Act | United States | 0.55% | $3.67B | -8.8% | Pays out | 45% |
DU DUTY U.S. Defense ETF | United States | 0.45% | $722.3K | - | - | 44% |
