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Global X Defence Tech ETF

About this ETF

Provides exposure to companies at the forefront of defence innovation, including artificial intelligence, drones and cybersecurity, using a revenue filter to target technology-driven defence businesses.

IssuerGlobal X
Management fee (MER)0.50% p.a.
Inception date7 Oct 2024
BenchmarkGlobal X Defense Tech Index (GXSHLDN)

Scout Score

45/100
Ranked #32 of 50 in Thematic

An independent score calculated by ETF Scout across 7 real-data factors (cost, diversification, tracking, liquidity, fund strength, performance, income), ranked against other funds in the same category.

Cost65
Diversification35
Tracking39
Liquidity23
Fund Strength39
Performance—
Income65

Strengths

No standout strengths relative to category peers.

Weaknesses

  • Lower liquidity — 0.72% bid/ask spread, wider than 77% of Thematic peers.
  • Concentrated holdings — top holdings make up 63.4% of the fund, more concentrated than 65% of Thematic peers.

Performance (as of 5 Nov 2026)

Total returns, net of fees. Periods longer than 1 year are annualised.

1 Month-3.09%
3 Months-11.82%
YTD-13.30%
1 Year-16.68%

Price history

Cumulative return over the selected period, indexed to 0% at the start of the range.

-11%+21%+54%+86%+118%2024-102025-042025-102026-052026-11

Top holdings (as of 13 Aug 2026)

The fund's largest individual holdings, ranked by portfolio weight.

  1. 1.Rtx Corp9.32%
  2. 2.Palantir Techn-a9.25%
  3. 3.General Dynamics logoGeneral Dynamics8.51%
  4. 4.Lockheed Martin logoLockheed Martin8.42%
  5. 5.Northrop Grumman logoNorthrop Grumman7.70%
  6. 6.Bae Systems Plc logoBae Systems Plc4.77%
  7. 7.Rheinmetall Ag logoRheinmetall Ag3.94%
  8. 8.L3harris Technol3.88%
  9. 9.Thales Sa logoThales Sa3.85%
  10. 10.Leonardo Spa3.79%