Data as of . Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested.
XDEF · Xtrackers Europe Defense Technologies ETF
Xtrackers · Themes desk
Open the live card on ETFIQBy weight, 0% of XDEF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 62% of the fund across 30 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned −99.1% with distributions reinvested against +13.3% for the S&P 500, so a holder was behind by 112.5 pts. It sits 99.2% below its all-time high of Jan 16, 2026.
| Theme (ETFIQ, editorial) | Defense |
|---|---|
| Launched | Jan 2, 2026 |
| Already in the S&P 500, by weight (ETFIQ) | 0.0% |
| Active share vs the S&P 500 (ETFIQ) | 100.0% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 0.0% |
| Active share vs the Nasdaq-100 (ETFIQ) | 100.0% |
| Top ten holdings weight | 61.5% |
| Holdings | 30 |
| Net assets (latest filing) | $5M |
| Holdings as of (SEC N-PORT) | May 31, 2026 |
| Top holdings | AIRBUS SE 8.7%, ROLLS-ROYCE HOLDINGS PLC 8.6%, SAFRAN SA 8.3%, BAE SYSTEMS PLC 7.3%, RHEINMETALL AG 7.0%, DSV A/S 4.7%, THALES SA 4.4%, MTU AERO ENGINES AG 4.3%, MELROSE INDUSTRIES PLC 4.3%, LEONARDO SPA 4.0% |
| 3 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +4.1% / +4.7% / −0.6 pts / +2.0 pts |
| 6 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | −5.2% / +15.2% / −20.4 pts / −25.4 pts |
| since launch: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | −99.1% / +13.3% / −112.5 pts / −116.7 pts |
| Below its all-time high (ETFIQ) | −99.2% |
| Expense ratio (prospectus XBRL) | 0.35% |
| Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ) | 0.35% |
| Closest funds by holdings overlap | WDEF 71%, EUAD 62%, ARMY 57%, NATO 32%, SHLD 27% |
Questions people ask
- How much of XDEF is already in the S&P 500?
- By its holdings filed for May 31, 2026, 0% of XDEF by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different.
- What does XDEF hold?
- 30 positions as filed for May 31, 2026, with the top ten at 62% of the fund. The largest are AIRBUS SE at 8.7%, ROLLS-ROYCE HOLDINGS PLC at 8.6%, SAFRAN SA at 8.3%.
- Has XDEF beaten the S&P 500?
- Over the year to Sep 4, 2026 XDEF returned −99.1% with distributions reinvested, against +13.3% for the S&P 500, so it finished behind the index by 112.5 points.
- What does XDEF cost?
- The prospectus expense ratio is 0.35% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.35%.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
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<p><a href="https://etfiq.com/funds/XDEF.html">XDEF difference bar, updated daily by ETFIQ</a></p>Cite this page. ETFIQ, XDEF on the themes desk, data as of Sep 4, 2026. https://etfiq.com/funds/XDEF.html Free to use with attribution; the underlying files are at Open data.
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