Global X Europe Defense Technology ETF

The Global X Europe Defense Technology ETF is an equity exchange-traded fund designed to provide exposure to companies at the forefront of the military and defense technology sectors, with a pronounced focus on those generating significant revenue in Europe. The ETF seeks to closely track the Mirae Asset Europe Defence Tech Index, which includes firms globally that are active in military and defense technology but emphasizes European market leaders. Notable for its accumulating structure, the fund reinvests dividends, aiming for efficient growth rather than income distribution. By employing full physical replication, the ETF directly holds the underlying securities of the index. Launched in May 2025, this fund addresses the growing investor interest in defense technology following increased European defense spending and geopolitical shifts. Its total expense ratio stands at 0.40% per annum, underscoring its cost-effective approach to accessing a diversified basket of defense technology companies. The Global X Europe Defense Technology ETF plays a significant role for investors seeking targeted exposure to the evolving landscape of European and global defense innovation.