Defense outside the US ETFs in the defense trade
European and Asian defense companies. Driven by their governments' defense budgets, and their currencies against the dollar.
7ETFs in this category
$1.2bnmoney in them
1.5%of the defense trade’s money
EUADlargest unleveraged ETF, 77.1%
How they did, to Nov 2, 2026
| 1 month | YTD | 12 months | |
|---|---|---|---|
| Category median | +2.6% | −1.4% | −4.0% |
| Its story | +0.9% | +5.3% | +4.7% |
| Broad US ETFs | −2.5% | +11.5% | +11.8% |
Every ETF here, largest first
| # | ETF | Name | Assets | Share | 12 months | Fee |
|---|---|---|---|---|---|---|
| 1 | EUAD | Select STOXX Europe Aerospace & Defense ETF | $950m | 77.1% | −9.6% | 0.50% |
| 2 | NATO | Themes Transatlantic Defense ETF | $89m | 7.2% | −3.0% | 0.35% |
| 3 | KDEF | PLUS Korea Defense Industry Index ETF | $86m | 7.0% | −29.5% | 0.65% |
| 4 | WDEF | WisdomTree Europe Defense Fund | $85m | 6.9% | −5.1% | 0.45% |
| 5 | ARMY | Tema International Defense Innovation ETF | $13m | 1.1% | −2.6% | 0.68% |
| 6 | WDGF | WisdomTree Global Defense Fund | $5m | 0.4% | −2.0% | 0.45% |
| 7 | XDEF | Xtrackers Europe Defense Technologies ETF | $4m | 0.3% | – | 0.35% |
Other categories in the defense trade
Common questions
Which ETFs are defense outside the US ETFs?7 US ETFs sit in this category of the defense trade. European and Asian defense companies. Driven by their governments' defense budgets, and their currencies against the dollar.
What is the largest defense outside the US ETF?EUAD, Select STOXX Europe Aerospace & Defense ETF, with $950m, 77.1% of the category's money.
How have defense outside the US ETFs performed?The median unleveraged ETF here returned -4.0% over the last 12 months to Nov 2, 2026, against +11.8% for broad US ETFs. Past performance, not a forecast.