Defense ETFs: Which is the best?

How to invest in aerospace and defense using ETFs

0.15% p.a. - 0.75% p.a.
annual total expense ratio (TER) of defense ETFs
on aerospace and defense, which are tracked by ETFs
on aerospace and defense
 
The best indices for defense ETFs

Which ETFs focus on military and defense stocks?

The military and defense industry is a controversial topic. But even though stocks from the armaments sector are a no-go investment for many for understandable moral reasons, the industry flourishes especially in troubled times. This is because the customers of the arms companies are almost exclusively states, which usually have large budgets. In addition, the technologies of the aerospace, military and defense companies are often also used in civil aviation and space travel after their introduction.

Companies that are listed on the stock exchange and active in the military and defense industry can be combined into an equity index and made investable via an ETF.

In this investment guide you will find all ETFs that track companies from the military and defence industry.
 

MarketVector Global Defense Industry performance

1 month: -2.53%
1 year: 53.54%
3 years: 222.98%
 

Aerospace and defense ETFs in comparison

The most important factors at a glance

When choosing a defense ETF one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all defense ETFs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Compare all defense ETFs in detail
Compare all defense ETFs in a chart

Provider
ISIN
  Fund size
in m GBP
TER
in %
Use of profits Fund domicile Replication method
VanEck Defense UCITS ETF AIE000YYE6WK5 6,691 0.55% p.a. Accumulating Ireland Full replication
WisdomTree Europe Defence UCITS ETF EUR Unhedged AccIE0002Y8CX98 3,998 0.40% p.a. Accumulating Ireland Full replication
HANetf Future of Defence UCITS ETFIE000OJ5TQP4 2,358 0.49% p.a. Accumulating Ireland Full replication
iShares Global Aerospace & Defence UCITS ETF USD (Acc)IE000U9ODG19 1,266 0.35% p.a. Accumulating Ireland Full replication
Global X Defence Tech UCITS ETF USD AccumulatingIE000JCW3DZ3 512 0.50% p.a. Accumulating Ireland Full replication
Amundi Stoxx Europe Defense UCITS ETF AccLU3038520774 413 0.35% p.a. Accumulating Luxembourg Full replication
BNP Paribas Easy Bloomberg Europe Defense UCITS ETF AccLU3047998896 380 0.18% p.a. Accumulating Luxembourg Full replication
iShares Europe Defence UCITS ETF EUR (Acc)IE000IAXNM41 304 0.35% p.a. Accumulating Ireland Full replication
HANetf Future of European Defence Screened UCITS ETF AccIE000I7E6HL0 163 0.39% p.a. Accumulating Ireland Full replication
First Trust Indxx Global Aerospace & Defence UCITS ETF Class A AccumulationIE000NVDQXE1 99 0.65% p.a. Accumulating Ireland Full replication
Invesco Defence Innovation UCITS ETF AccIE000BRM9046 94 0.35% p.a. Accumulating Ireland Full replication
Xtrackers Europe Defence Technologies UCITS ETF 1CLU3061478973 35 0.15% p.a. Accumulating Luxembourg Full replication
State Street SPDR S&P Europe Defense Vision UCITS ETF EUR Unhedged (Acc)IE0008GRJRO8 26 0.15% p.a. Accumulating Ireland Full replication
Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating Share ClassIE000WRQ9RR1 18 0.40% p.a. Accumulating Ireland Full replication
HANetf Future of Defence Indo-Pac ex-China UCITS ETF AccumulatingIE000C7EUDG1 14 0.59% p.a. Accumulating Ireland Full replication
ARK Space & Defence Innovation UCITS ETF USD (Acc)IE000AON7ET1 14 0.75% p.a. Accumulating Ireland Full replication
HANetf Drone UCITS ETF AccIE0003XW12I8 9 0.69% p.a. Accumulating Ireland Full replication
HANetf Future of Defence Screened UCITS ETF (Acc)IE00041H4WT9 1 0.49% p.a. Accumulating Ireland Full replication
WisdomTree Global Defence UCITS ETF USD AccIE000KLC2EN9 0 0.40% p.a. Accumulating Ireland Full replication
WisdomTree Asia Defence UCITS ETF USD Unhedged AccIE000017NMH7 0 0.50% p.a. Accumulating Ireland Full replication

Source: justETF.com; As of 04/04/2026

 

Return comparison of all aerospace and defense ETFs

The table shows the returns of all defense ETFs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.

ETF   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
Invesco Defence Innovation UCITS ETF Acc -5.08% 11.81% 11.99% 59.95% -
Global X Defence Tech UCITS ETF USD Accumulating -3.96% 11.01% 3.90% 51.52% -
VanEck Defense UCITS ETF A -4.62% 9.57% 2.19% 45.92% 205.42%
First Trust Indxx Global Aerospace & Defence UCITS ETF Class A Accumulation -8.21% 6.00% 4.51% 42.39% -
iShares Global Aerospace & Defence UCITS ETF USD (Acc) -8.87% 3.56% 2.04% 34.94% -
HANetf Future of Defence UCITS ETF -2.90% 4.81% -1.98% 30.23% -
WisdomTree Europe Defence UCITS ETF EUR Unhedged Acc -7.43% 6.39% -5.79% 29.15% -
Amundi Stoxx Europe Defense UCITS ETF Acc -9.09% 1.83% -9.09% - -
ARK Space & Defence Innovation UCITS ETF USD (Acc) -6.96% 2.85% - - -
BNP Paribas Easy Bloomberg Europe Defense UCITS ETF Acc -10.01% 1.61% -7.90% - -
Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating Share Class -7.94% 8.20% -3.89% - -
HANetf Drone UCITS ETF Acc - - - - -
HANetf Future of Defence Indo-Pac ex-China UCITS ETF Accumulating -11.54% 9.67% -3.44% - -
HANetf Future of Defence Screened UCITS ETF (Acc) -3.50% 0.55% - - -
HANetf Future of European Defence Screened UCITS ETF Acc -7.40% 7.61% -4.85% - -
iShares Europe Defence UCITS ETF EUR (Acc) -6.51% 8.47% -5.77% - -
State Street SPDR S&P Europe Defense Vision UCITS ETF EUR Unhedged (Acc) -7.08% 6.10% -5.33% - -
WisdomTree Asia Defence UCITS ETF USD Unhedged Acc - - - - -
WisdomTree Global Defence UCITS ETF USD Acc - - - - -
Xtrackers Europe Defence Technologies UCITS ETF 1C -8.85% 1.98% -4.98% - -

Source: justETF.com; As of 31/03/2026; Calculations in GBP including dividends