Overview
Description
The VanEck Defense ETF is a type of exchange-traded fund designed to provide investors with exposure to companies primarily engaged in the defense sector. Its primary function is to track the performance of key organizations within the aerospace and defense industries. This includes firms involved in the manufacturing and distribution of defense equipment, technology solutions, and military services. The fund encompasses a portfolio of U.S.-based and international companies, offering a broad view of the defense sector’s landscape. Managed with a focus on capturing growth within defense and national security businesses, the VanEck Defense ETF is distinguished by its alignment with an industry that is both strategic and critical to national interests. As military and defense spending continue to play a significant role in global economic frameworks, this ETF provides an efficient means to follow the trajectory of these pivotal industry sectors. Its role within the financial market is to offer diversification and specific sector exposure for those looking to understand and capitalize on the performance of defense-related industries without directly investing in individual stocks.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XETR