(DFEN) Defense USD Acc EUR - XETRA
ETF Category: Sector Equity Industrial Materials | Exchange: XETRA (Germany) | Market Cap: 4.157m EUR | Total Return: 59.3% in 12m
Avg Turnover: 9.42M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The VanEck Defense ETF (DFEN) tracks the Morningstar Global Defense Index, providing exposure to companies involved in military hardware, defense electronics, and aerospace technologies. The fund focuses on large-scale industrial contractors that derive a significant portion of their revenue from government defense contracts and national security expenditures.
The defense sector typically operates under a monopsony or oligopsony model, where government entities are the primary buyers, often resulting in long-term backlogs and predictable multi-year cash flows. Companies in this space are characterized by high barriers to entry due to stringent regulatory requirements and the capital-intensive nature of research and development for advanced weaponry and surveillance systems.
For a detailed breakdown of fundamental metrics and valuation trends, consider reviewing the data available on ValueRay.
- Geopolitical conflicts drive increased NATO defense spending and procurement contracts
- National defense budget allocations shift toward advanced technology and missile defense
- Global supply chain disruptions impact aerospace manufacturing costs and delivery timelines
- Rising interest rates influence capital expenditure and long-term financing for defense contractors
- Regulatory shifts in international arms export controls affect foreign military sales volume
As of June 29, 2026, the stock is trading at EUR 49.10 with a total of 374,416 shares traded. Over the past week, the price has changed by -3.02%, over one month by -0.17%, over three months by +31.98% and over the past year by +59.34%.
Current recommended Stop Loss: 47.60 (which is 3.1% or 1.3 ATR below the current price).
Defense USD Acc EUR has no consensus analysts rating.