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Xtrackers Europe Defense Technologies ETF (XDEF US)

XDEF US$21.12

20 minute delayed

Today ▲ 0.19%
1 year return —
Volume 165
Div yield —
PE ratio —
52 week range
19.96 29.12

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Performance

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Share price activity

Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
Last (Price)
21.12
Change
▲ 0.04 (0.19)
Bid / Ask
19.21 - 21.23
Volume
165
Turnover
3,485
Open
21.12
Day Range
21.12 - 21.12
VWAP
21.12
Prev Close
21.08
Last Trade
28/10 3:56pm

Fund profile

Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.

Fund size

$4.1M

OCT 2026

Distributions

Quarterly

Since inception

0.7 yrs

FEB 2026

Legal name
Xtrackers Europe Defense Technologies ETF
Issuer
Xtrackers
Type
Exchange-Traded Fund
Structure
Open Ended Investment Company
Management style
Index fund
Morningstar category
Industrials
Category index
Morningstar US Indus TR USD
Benchmark
STOXX Eur TM Def, Sp&Cyb In 50-25 TR USD
ETF net assets
$4.1M
Units on issue
200,001
Management fee
0.35% p.a.
Domicile
United States
Base currency
USD
Inception
18 FEB 2026
Listed
19 FEB 2026

Objective and strategy

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. The fund, using a “passive” or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. The underlying index seeks to capture the performance of European listed equity securities with established revenue and/or patent exposures to the defense, space and cybersecurity sectors. The fund is non-diversified.

Asset allocation

Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.

US equity 0.00%Non-US equity 99.55%

Asset class Net % Long % Short %
Equity 99.55 99.55 0.00
Bond 0.00 0.00 0.00
Cash 0.47 0.47 0.00
Other -0.01 0.01 0.02

Sector exposure

Displays the share of the fund held in each sector, sourced from Morningstar.

Cyclical 0.00%Sensitive 100.00%Defensive 0.00%

Basic Materials
0.00%
Consumer Cyclical
0.00%
Financial Services
0.00%
Real Estate
0.00%
Communication Services
1.63%
Energy
0.00%
Industrials
92.01%
Technology
6.37%
Consumer Defensive
0.00%
Healthcare
0.00%
Utilities
0.00%

Region exposure

Displays the share of the fund held in each region, sourced from Morningstar.

Developed markets 98.16%Emerging markets 1.84%

North America
0.00%
Latin America
0.00%
United Kingdom
30.07%
Europe Developed
68.09%
Europe Emerging
1.84%
Africa / Middle East
0.00%
Japan
0.00%
Australasia
0.00%
Asia Developed
0.00%
Asia Emerging
0.00%

Country exposure

Displays the twelve countries the fund holds most of, sourced from Morningstar.
United Kingdom
30.07%
Germany
20.17%
France
17.17%
Netherlands
8.03%
Sweden
5.65%
Italy
5.17%
Norway
5.13%
Spain
4.35%
Czech Republic
1.47%
Other Countries
1.01%
Finland
0.82%
Switzerland
0.60%

Style box

Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
Style
Large Growth
Average moat
Wide

Size score

230

Small Mid Large

Value-growth score

316

Value Blend Growth

Economic moat

Wide 80%Narrow 20%None 0%

Market capitalisation

Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
Giant
23.09%
Large
43.59%
Mid
27.31%
Small
5.48%
Micro
0.52%

Giant 23%Large 44%Mid 27%Small 5%Micro 1%

Average market cap
$28.06B
Number of holdings
45
Shares held
33

Portfolio statistics · 22 OCT 2026

Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
Price / earnings
30.80
Price / book
4.78
Price / sales
2.11
Price / cash flow
13.79
Dividend yield
1.25%
Assets in top 10
62.39%
Return on equity
24.59%
Net margin
8.30%
Earnings growth (3 yr)
25.38%

Top holdings · top 10 = 62.87% of assets

Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
Holding % Weight First bought Market value Currency Units held Sector Country
Safran SA SAF 8.20 MAR 2026 347,923 EUR 916 Industrials France
Rolls-Royce Holdings PLC RR. 8.11 MAR 2026 344,102 GBP 17,722 Industrials United Kingdom
BAE Systems PLC BA. 8.07 MAR 2026 342,660 GBP 13,177 Industrials United Kingdom
Airbus SE AIR 7.68 MAR 2026 326,073 EUR 1,506 Industrials Netherlands
Rheinmetall AG RHM 7.42 MAR 2026 315,035 EUR 290 Industrials Germany
MTU Aero Engines AG MTX 4.91 MAR 2026 208,490 EUR 490 Industrials Germany
Saab AB Class B SAAB B 4.70 MAR 2026 199,668 SEK 3,225 Industrials Sweden
Melrose Industries PLC MRO 4.70 MAR 2026 199,666 GBP 31,569 Industrials United Kingdom
Kongsberg Gruppen ASA KOG 4.66 MAR 2026 197,799 NOK 5,928 Industrials Norway
Thales HO 4.43 MAR 2026 187,934 EUR 737 Industrials France

Trailing returns · 30 SEP 2026

Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.

Fund (NAV) Market price

1M

-7.2

3M

2.0

6M

-2.6

Period Fund (NAV) % Market price % Before fees % Rank in category
1 month -7.22 -7.55 — 78 / 83
3 months 2.02 1.30 — 12 / 79
6 months -2.56 -4.71 — 66 / 67

Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.

Portfolio risk score

Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.

Risk score

99.7

Cash 0
Global shares 100

Morningstar Portfolio Risk Score at 30 SEP 2026.

Fees and costs

Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
Management fees and costs
0.35% p.a.
PDS dated
27 JAN 2026

Sustainability rating · 31 AUG 2026

Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.

Average

ESG risk score

25.91

Negligible Low Medium High Severe

Category average 26.09

Rank in category
52nd percentile of 233 funds
Environmental risk
9.54
Social risk
11.56
Governance risk
3.77
Portfolio covered
96.1%

ESG risk of holdings

Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
Negligible
0.00%
Low
8.27%
Medium
71.53%
High
20.20%
Severe
0.00%

0.00% of assets are in companies with high or severe controversies.

Carbon · 31 AUG 2026

Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.

Carbon risk score

21.36

Low Medium High Severe

Category average 16.55

Carbon risk
Medium Risk
Fossil fuel involvement
0.00%
Category average
8.32%
Low Carbon Designation
No
Portfolio covered
95.3%

Fund managers

Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
  • Patrick Dwyer
  • Shlomo Bassous
  • Ashif Shaikh
  • Daniel Park

Tenure

Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
Number of managers
4
Average tenure
0.7 years
Longest tenure
0.7 years
Longest serving
Patrick Dwyer, Shlomo Bassous, Ashif Shaikh, Daniel Park · since 18 FEB 2026
Most recent appointment
Patrick Dwyer, Shlomo Bassous, Ashif Shaikh, Daniel Park · since 18 FEB 2026
Managed since
18 FEB 2026
Other funds managed
41
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