Global X Defence Tech

ETF description

This ETF focuses on companies involved in defense technology. It includes firms that develop and manage cybersecurity systems, utilize artificial intelligence and big data, and build advanced military systems and hardware such as robotics, fuel systems, and aircraft for defense applications.

This ETF may appeal to investors interested in the defense sector, particularly those looking to gain exposure to companies at the forefront of defense technology advancements. It could be suitable for those who believe in the growth potential of industries like cybersecurity, artificial intelligence, and advanced military hardware.

Issuer details

Global X ETFs is a leading provider of specialized thematic and sector‑specific ETFs, with over $50 billion in assets under management as of June 2024. As a subsidiary of Mirae Asset Global Investments, Global X focuses on thematic investing. Founded in 2008 by Bruno del Ama, Global X ETFs is known for its focus on niche and innovative investment themes, allowing investors to access areas of the market experiencing rapid growth and transformation. Notable ETFs include the Global X Robotics & Artificial Intelligence ETF (BOTZ) and the Global X Lithium & Battery Tech ETF (LIT), reflecting Global X’s commitment to providing exposure to cutting‑edge industries and trends.

Index details

The underlying Index is designed to provide exposure to defense technology (‘Defense Tech’) companies that are positioned to benefit from technology, services, systems and hardware that cater to the defense and military sector.