# Defense ETFs: 15 Ranked by Top-10 Weight, Nov 2026

> 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. Rebuilt every trading night.

Data as of Nov 4, 2026. Rebuilt every trading night.

As of Nov 4, 2026 . Rebuilt every trading night.

## The most concentrated defense ETFs

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.

| # | Ticker | Fund | Top ten weight | Holdings | Net assets | Total return, 1Y |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | ITA | iShares U.S. Aerospace & Defense ETF | 76.3% | 51 | $12.2bn | +0.8% |
| 2 | KDEF | PLUS Korea Defense Industry Index ETF | 70.4% | 20 | $113m | −28.3% |
| 3 | SHLD | Global X Defense Tech ETF | 64.8% | 50 | $6.3bn | −8.5% |
| 4 | XDEF | Xtrackers Europe Defense Technologies ET | 64.0% | 35 | $4.3m | too new |
| 5 | WDEF | WisdomTree Europe Defense Fund | 63.3% | 42 | $88m | −5.6% |
| 6 | PPA | Invesco Aerospace & Defense ETF | 61.8% | 70 | $7.7bn | +1.6% |
| 7 | WDAF | WisdomTree Asia Defense Fund | 61.6% | 61 | $22m | −16.2% |
| 8 | NATO | Themes Transatlantic Defense ETF | 61.2% | 83 | $88m | −1.8% |
| 9 | WAR | U.S. Global Technology and Aerospace & D | 61.0% | 28 | $41m | too new |
| 10 | TSSD | Truth Social American Security & Defense | 60.4% | 62 | $7.0m | too new |
| 11 | MISL | First Trust Indxx Aerospace & Defense ET | 60.2% | 44 | $685m | −2.3% |
| 12 | DUTY | U.S. Defense ETF | 59.0% | 50 | $2.1m | too new |
| 13 | AV | Corgi Aerospace & Commercial Aviation ET | 55.8% | 39 | $800,703 | too new |
| 14 | WR | Corgi U.S. War Machine ETF | 49.5% | 56 | $932,169 | too new |
| 15 | GCAD | Gabelli Commercial Aerospace and Defense | 47.5% | 51 | $44m | +9.4% |

### Method

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.

### Where to next

### Sources

Links are sources, not endorsements.

A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: 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
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
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