WisdomTree Europe Defence UCITS ETF

The WisdomTree Europe Defence UCITS ETF is an equity exchange-traded fund that provides focused exposure to European companies operating within the defense sector. Its primary objective is to mirror the performance of the WisdomTree Europe Defence UCITS Index, which includes firms engaged in the production of military equipment, defense electronics, aerospace technologies, and related services. This ETF maintains a strict approach to index construction—excluding companies associated with controversial weapons banned under international conventions, as well as those that do not comply with United Nations Global Compact (UNGC) principles—ensuring alignment with recognized ethical standards. The fund employs full physical replication, directly holding shares of all constituent companies in the index. Its portfolio is heavily concentrated in European industrials, with major holdings spanning countries like France, the United Kingdom, Germany, Italy, and Sweden. Notable constituents include Rheinmetall AG, Thales SA, BAE Systems PLC, and Leonardo Spa. The ETF adopts an accumulating distribution policy, automatically reinvesting any dividends. By offering a diversified basket of defense sector equities, the WisdomTree Europe Defence UCITS ETF serves as a thematic vehicle for investors seeking exposure to Europe’s evolving defense industry, which is experiencing renewed strategic importance amid increased regional security commitments and geopolitical shifts.