Defense ETFs: Which is the best?

How to invest in aerospace and defense using ETFs

0,15% p.a. - 0,65% 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: -7,64%
1 year: 41,24%
 

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

ETF name
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
VanEck Defense UCITS ETF AIE000YYE6WK5 6.015 0,55% p.a. Accumulerend Ierland Volledige replicatie
WisdomTree Europe Defence UCITS ETF EUR Unhedged AccIE0002Y8CX98 3.150 0,40% p.a. Accumulerend Ierland Volledige replicatie
HANetf Future of Defence UCITS ETFIE000OJ5TQP4 2.402 0,49% p.a. Accumulerend Ierland Volledige replicatie
Global X Defence Tech UCITS ETF USD AccumulatingIE000JCW3DZ3 342 0,50% p.a. Accumulerend Ierland Volledige replicatie
BNP Paribas Easy Bloomberg Europe Defense UCITS ETF AccLU3047998896 237 0,18% p.a. Accumulerend Luxemburg Volledige replicatie
Amundi Stoxx Europe Defense UCITS ETF AccLU3038520774 220 0,35% p.a. Accumulerend Luxemburg Volledige replicatie
HANetf Future of European Defence Screened UCITS ETF AccIE000I7E6HL0 138 0,39% p.a. Accumulerend Ierland Volledige replicatie
iShares Europe Defence UCITS ETF EUR (Acc)IE000IAXNM41 118 0,35% p.a. Accumulerend Ierland Volledige replicatie
First Trust Indxx Global Aerospace & Defence UCITS ETF Class A AccumulationIE000NVDQXE1 80 0,65% p.a. Accumulerend Ierland Volledige replicatie
Invesco Defence Innovation UCITS ETF AccIE000BRM9046 64 0,35% p.a. Accumulerend Ierland Volledige replicatie
Xtrackers Europe Defence Technologies UCITS ETF 1CLU3061478973 17 0,15% p.a. Accumulerend Luxemburg Volledige replicatie
SPDR S&P Europe Defense Vision UCITS ETF EUR (Acc)IE0008GRJRO8 16 0,15% p.a. Accumulerend Ierland Volledige replicatie
BNP Paribas Easy Bloomberg Europe Defense UCITS ETF DistLU3047998979 6 0,18% p.a. Distribueren Luxemburg Volledige replicatie
HANetf Future of Defence Indo-Pac ex-China UCITS ETF AccumulatingIE000C7EUDG1 6 0,59% p.a. Accumulerend Ierland Volledige replicatie

Source: justETF.com; As of 04-12-2025

 

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.

Source: justETF.com; As of 30-11-2025; Calculations in EUR including dividends