Overview
Description
Global X Defense Tech ETF is a specialized exchange-traded fund that primarily focuses on the defense and technology sectors. Its primary function is to provide investors with exposure to companies that are at the forefront of developing and manufacturing cutting-edge military and defense technologies. This includes firms involved in cybersecurity, avionics, drone technology, and other advanced defense systems. The ETF allocates its resources across a diversified range of companies, mitigating individual security risks while capturing the broader growth potential of the defense technology industry. As international defense budgets continue to grow, and with increasing emphasis on technological advancements in security and military operations, this ETF plays a significant role in the market by enabling stakeholders to engage with pivotal technological trends in national security and defense. By investing in this ETF, participants can leverage the growth and innovation waves within these sectors without necessitating direct stock investment in individual companies.
About
CEO
Employees
0
Address
—
Phone
+612 8311 3478
Website
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Instrument type
Common stock
Sector
Industry
Country
Australia
MIC code
XASX