The largest defense ETFs

See 15 funds ranked by net assets. Updated Oct 27, 2026. Every fund here is sold on defense. The column beside the size shows how much of each the S&P 500 already holds.

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Net assets, one bar per fund

firstlast

$12.0bn

first, ITA

$13m

last, ARMY

funds in the list

All 15, highest first

15 of 15 · click a column to sort

The largest defense ETFs
#	Ticker	Fund	Net assets ↓	Weight in S&P 500 companies	Total return, 1Y	Fee	Source
1	ITA	iShares U.S. Aerospace & Defense ETF	$12.0bn	81.2%	−5.6%	0.37%	Issuer daily, Oct 27, 2026
2	PPA	Invesco Aerospace & Defense ETF	$7.5bn	77.1%	−1.3%	0.58%	Issuer page, Oct 26, 2026
3	SHLD	Global X Defense Tech ETF	$6.3bn	44.6%	−6.9%	0.50%	Issuer page, Oct 12, 2026
4	XAR	State Street SPDR S&P Aerospace & Defens	$5.0bn	40.4%	−10.5%	0.35%	Issuer daily, Oct 26, 2026
5	IDEF	iShares Defense Industrials and Tech Act	$3.7bn	43.1%	−6.4%	0.55%	Issuer daily, Oct 26, 2026
6	EUAD	Select STOXX Europe Aerospace & Defense	$1.2bn	0.0%	−11.2%	0.50%	SEC filing, May 31, 2026
7	MISL	First Trust Indxx Aerospace & Defense ET	$676m	66.3%	−5.2%	0.60%	Issuer page, Oct 26, 2026
8	KDEF	PLUS Korea Defense Industry Index ETF	$157m	0.0%	−26.8%	0.65%	SEC filing, May 31, 2026
9	WDEF	WisdomTree Europe Defense Fund	$88m	0.0%	−9.3%	0.45%	SEC filing, Jun 30, 2026
10	NATO	Themes Transatlantic Defense ETF	$86m	58.2%	−7.3%	0.35%	Issuer page, Oct 26, 2026
11	GCAD	Gabelli Commercial Aerospace and Defense	$44m	40.1%	+6.2%	0.10%	SEC filing, Jun 30, 2026
12	WAR	U.S. Global Technology and Aerospace & D	$41m	38.1%	too new	0.60%	SEC filing, Jun 30, 2026
13	WDAF	WisdomTree Asia Defense Fund	$22m	0.0%	−18.7%	0.45%	SEC filing, Jun 30, 2026
14	FOWF	Pacer Solactive Whitney Future of Warfar	$15m	74.8%	+10.6%	0.49%	Issuer daily, Oct 26, 2026
15	ARMY	Tema International Defense ETF	$13m	11.8%	too new	0.68%	Issuer page, Oct 26, 2026

As of Oct 27, 2026. Source: ETFIQ.CSV Method

Method

The 22 ETFs in the defense theme, of which 22 publish net assets, ranked on the most recent number for each.

The rest of the method

Across the funds listed here the weight held in S&P 500 companies runs from 0.0% to 81.2%. Size shows where the money is, not what a fund did. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.

How these numbers are computed →Standards and sources →

Where to next

Every defense ETF and what it holds→The thematic ETFs least like the S&P 50015 →

Sources and dates

Fund holdings from SEC Form N-PORT and from the issuers’ own daily filessec.gov ↗

SEC EDGAR, full-text search of fund filingsefts.sec.gov ↗

SEC Form N-PORT, what a fund filed it holdssec.gov ↗

Rule 19a-1, what a distribution notice must sayecfr.gov ↗

Links are sources, not endorsements. A ranking is not a recommendation or an opinion.

Cite this pageCitation, APA and Markdown

ETFIQ, The largest defense ETFs, ranked by net assets, data as of Oct 27, 2026. https://etfiq.com/rankings/themes-largest-defense

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.