VanEck Defense UCITS ETF

The VanEck Defense UCITS ETF is an exchange-traded fund designed to provide diversified exposure to the global defense sector. Its primary function is to track the MarketVector Global Defense Industry Index, which includes companies deeply engaged in military and defense industries, such as manufacturers of defense equipment, leading contractors, and large-scale cybersecurity providers. The ETF focuses on "pure play" firms—those generating at least half their revenues from defense-related activities—offering transparent, targeted access to a range of market leaders in aerospace, advanced communication systems, unmanned vehicles, and cyber defense technology. Through physical replication, the fund holds all index constituents directly, enabling efficient and direct participation in the sector’s performance. Notably, the ETF accumulates and reinvests dividends, rather than distributing them, which results in compounded growth over time. Its market significance has grown as geopolitical events and increased security expenditures have underscored the strategic importance of defense and related innovation. The VanEck Defense UCITS ETF serves institutional and individual investors seeking a focused allocation to firms at the forefront of global defense and security technology evolution.