Is there a defense ETF?
Yes.
ETFIQ covers 22 defense ETFs as of Oct 20, 2026. The largest is ITA at $11.9bn. The cheapest is GCAD at 0.10%.
How much of a defense fund is already in the S&P 500 decides how much of it is new exposure. Across these 22 funds the median is 40.7% of the weight. The rest is what you are buying that an index fund does not already hold.
Concentration is the other thing to read. The median defense ETF here holds 58.8% of its weight in its top ten positions. That is what a theme fund does: it buys a shortlist, not a market.
ETFIQ files a fund under a theme editorially, from what the fund holds rather than from its name, and every figure on this page is the one its defense hub prints.
On ETFIQ today
| Ticker | Fund | Issuer | Net assets | Fee | In the S&P 500 |
|---|---|---|---|---|---|
| ITA | iShares U.S. Aerospace & Defense ETF | iShares | $11.9bn | 0.37% | 80.4% |
| PPA | Invesco Aerospace & Defense ETF | Invesco | $7.4bn | 0.58% | 76.8% |
| SHLD | Global X Defense Tech ETF | Global X | $6.3bn | 0.50% | 44.6% |
| XAR | State Street SPDR S&P Aerospace & Defense ET | State Street | $5.0bn | 0.35% | 39.2% |
| IDEF | iShares Defense Industrials and Tech Active | iShares | $3.6bn | 0.55% | 41.3% |
| EUAD | Select STOXX Europe Aerospace & Defense ETF | Tuttle | $1.2bn | 0.50% | 0.0% |
| MISL | First Trust Indxx Aerospace & Defense ETF | First Trust | $667m | 0.60% | 65.9% |
| KDEF | PLUS Korea Defense Industry Index ETF | PLUS | $157m | 0.65% | 0.0% |
| NATO | Themes Transatlantic Defense ETF | Themes | $101m | 0.35% | 58.2% |
| WDEF | WisdomTree Europe Defense Fund | WisdomTree | $88m | 0.45% | 0.0% |
| GCAD | Gabelli Commercial Aerospace and Defense ETF | Gabelli | $44m | 0.10% | 40.1% |
| WAR | U.S. Global Technology and Aerospace & Defen | U.S. Global | $41m | 0.60% | 38.1% |
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ETFIQ, Is there a defense ETF?, data as of Oct 20, 2026. https://etfiq.com/questions/is-there-a-defense-etf
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