(ASWC) HANetf ICAV - Future of - Overview
Etf: Defense, Aerospace, Military, Technology, Security
| Risk 5d forecast | |
|---|---|
| Volatility | 23.4% |
| Relative Tail Risk | -1.62% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.10 |
| Alpha | 26.54 |
| Character TTM | |
|---|---|
| Beta | 0.114 |
| Beta Downside | 0.187 |
| Drawdowns 3y | |
|---|---|
| Max DD | 12.58% |
| CAGR/Max DD | 3.02 |
Description: ASWC HANetf ICAV - Future of January 14, 2026
The HANetf ICAV Future of Defence UCITS ETF (ticker ASWC) is a Germany-domiciled, accumulating fund that tracks the Morningstar Global Bas Mat TME NR USD index, giving investors exposure to listed companies involved in defence and security technologies across the industrial materials sector.
Key metrics (as of the latest reporting period) include an expense ratio of 0.55% and total assets under management of roughly €350 million. The ETF’s top holdings are dominated by major defence contractors such as Lockheed Martin, BAE Systems, and Rhein-Metall, which together account for about 30% of the portfolio. Recent data shows global defence spending grew 3.2% YoY in 2023, driven by heightened geopolitical tensions in Eastern Europe and the Indo-Pacific, supporting a secular demand tailwind for the underlying securities.
Because the fund is accumulating, dividends are reinvested automatically, which can enhance compounding over long horizons, especially in a sector where earnings are increasingly tied to multi-year government contracts and technology upgrades.
For a deeper, data-driven assessment of ASWC’s risk-adjusted performance and its alignment with your portfolio objectives, you might explore the analytics on ValueRay.
What is the price of ASWC shares?
Over the past week, the price has changed by -2.97%, over one month by -0.07%, over three months by +2.93% and over the past year by +33.54%.
Is ASWC a buy, sell or hold?
What are the forecasts/targets for the ASWC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 20.3 | 21.7% |
ASWC Fundamental Data Overview February 03, 2026
Revenue TTM = 0.0 EUR
EBIT TTM = 0.0 EUR
EBITDA TTM = 0.0 EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.93b EUR (1.93b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.93b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.93b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 25.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.34% (E(1.93b)/V(1.93b) * Re(6.34%) + (debt-free company))
Discount Rate = 6.34% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)