{"url":"https://etfiq.com/rankings/themes-concentrated-defense","section":"rankings","title":"Defense ETFs: 15 Ranked by Top-10 Weight, Nov 2026 | ETFIQ","description":"15 defense ETFs ranked by weight in their ten largest holdings, as of Nov 4, 2026. ITA leads at 76.3% in its ten largest. 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ITA leads at 76.3% in its ten largest. 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ITA leads at 76.3% in its ten largest. Rebuilt every trading night.","url":"https://etfiq.com/rankings/themes-concentrated-defense","dateModified":"2026-11-04","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3376,"truncated":false,"content":"ETFIQ / Rankings / The most concentrated defense ETFs \n \n As of Nov 4, 2026 . Rebuilt every trading night.\n The most concentrated defense ETFs\n See 15 funds ranked by the share of the fund held in its ten largest positions. Updated Nov 4, 2026. Two funds on one theme can hold ten names or two hundred. Fund names do not show which.\n The most concentrated defense ETFs, ranked by the share of the fund held in its ten largest positions, as of Nov 4, 2026. Source: ETFIQ. # Ticker Fund Top ten weight Holdings Net assets Total return, 1Y \n 1 ITA iShares U.S. Aerospace & Defense ETF 76.3% 51 $12.2bn +0.8% \n 2 KDEF PLUS Korea Defense Industry Index ETF 70.4% 20 $113m \u221228.3% \n 3 SHLD Global X Defense Tech ETF 64.8% 50 $6.3bn \u22128.5% \n 4 XDEF Xtrackers Europe Defense Technologies ET 64.0% 35 $4.3m too new \n 5 WDEF WisdomTree Europe Defense Fund 63.3% 42 $88m \u22125.6% \n 6 PPA Invesco Aerospace & Defense ETF 61.8% 70 $7.7bn +1.6% \n 7 WDAF WisdomTree Asia Defense Fund 61.6% 61 $22m \u221216.2% \n 8 NATO Themes Transatlantic Defense ETF 61.2% 83 $88m \u22121.8% \n 9 WAR U.S. Global Technology and Aerospace & D 61.0% 28 $41m too new \n 10 TSSD Truth Social American Security & Defense 60.4% 62 $7.0m too new \n 11 MISL First Trust Indxx Aerospace & Defense ET 60.2% 44 $685m \u22122.3% \n 12 DUTY U.S. Defense ETF 59.0% 50 $2.1m too new \n 13 AV Corgi Aerospace & Commercial Aviation ET 55.8% 39 $800,703 too new \n 14 WR Corgi U.S. War Machine ETF 49.5% 56 $932,169 too new \n 15 GCAD Gabelli Commercial Aerospace and Defense 47.5% 51 $44m +9.4% \n \n Method\n The 22 of 22 ETFs in the defense theme with a filed book, most concentrated first. Across the funds listed here the weight in the ten largest runs from 47.5% to 76.3%. Concentration is not a fault. It shows how much rides on ten holdings. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.\n Where to next\n Every defense ETF and what it holds The largest defense ETFs Sources\n Fund holdings from SEC Form N-PORT and from the issuers\u2019 own daily files SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say Links are sources, not endorsements.\n A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources \n Cite this page. ETFIQ, The most concentrated defense ETFs, ranked by the share of the fund held in its ten largest positions, data as of Nov 4, 2026. https://etfiq.com/rankings/themes-concentrated-defense Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, The most concentrated defense ETFs, ranked by the share of the fund held in its ten largest positions, data as of Nov 4, 2026. https://etfiq.com/rankings/themes-concentrated-defense APA ETFIQ. (Nov 4, 2026). The most concentrated defense ETFs, ranked by the share of the fund held in its ten largest positions. Retrieved from https://etfiq.com/rankings/themes-concentrated-defense Markdown [The most concentrated defense ETFs, ranked by the share of the fund held in its ten largest positions (ETFIQ, Nov 4, 2026)](https://etfiq.com/rankings/themes-concentrated-defense)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, The most concentrated defense ETFs, ranked by the share of the fund held in its ten largest positions, data as of Nov 4, 2026. https://etfiq.com/rankings/themes-concentrated-defense"}