iShares Defense Industrials Active ETF

iShares Defense Industrials Active ETF

About

iShares Defense Industrials Active ETF (US09290C6993) is a US-listed equity ETF tracking the MSCI All Country World Index (Net). With a expense ratio of 0.55%, its costs are on the higher end for an ETF, paying distributions. The fund holds 128 positions across 14 regions with 4.1B in assets, with heavy concentration — 61% in United States, 84% in Industrials.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.5 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 1.6
Liquidity (25%) 9.6 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker IDEF
ISIN
Fund Size $4.1B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception May 2025
Base Currency USD
Index MSCI All Country World Index (Net)
Asset Class Equities
Category Global Equity

Costs

7.5
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.55%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +31.92%
3 Years
5 Years
10 Years
YTD +11.00%
Since Inception +34.61%

Holdings

This fund invests into 128 individual investments.
#1
RTX Corp
8.05%
#2
Lockheed Martin Corp
6.76%
#3
General Dynamics Corp
5.78%
#4
Boeing Co/The
5.04%
#5
Rolls-Royce Holdings PLC
4.94%
#6
Northrop Grumman Corp
4.81%
#7
Palantir Technologies Inc
3.45%
#8
Fortinet Inc
3.10%
#9
BAE Systems PLC
2.68%
#10
Thales SA
2.37%
View all holdings (50)
# Holding Ticker Weight
1 RTX Corp RTX 805.01%
2 Lockheed Martin Corp LMT 676.15%
3 General Dynamics Corp GD 577.88%
4 Boeing Co/The BA 504.23%
5 Rolls-Royce Holdings PLC RR. 494.39%
6 Northrop Grumman Corp NOC 481.30%
7 Palantir Technologies Inc PLTR 345.19%
8 Fortinet Inc FTNT 310.37%
9 BAE Systems PLC BA. 268.07%
10 Thales SA HO 237.02%
11 Howmet Aerospace Inc HWM 223.41%
12 Elbit Systems Ltd ESLT 203.81%
13 SPACE EXPLORATION TECHNOLOGIES COR SPCX 191.14%
14 Leonardo SpA LDO 189.09%
15 BWX Technologies Inc BWXT 176.99%
16 Rheinmetall AG RHM 169.50%
17 Singapore Technologies Engineering Ltd S63 167.87%
18 Saab AB SAAB B 153.89%
19 L3Harris Technologies Inc LHX 141.77%
20 Mitsubishi Heavy Industries Ltd 7011 141.56%
21 Kratos Defense & Security Solutions Inc KTOS 103.68%
22 Mercury Systems Inc MRCY 103.11%
23 Huntington Ingalls Industries Inc HII 102.58%
24 Woodward Inc WWD 98.68%
25 Curtiss-Wright Corp CW 98.12%
26 CAE Inc CAE 95.51%
27 Kongsberg Gruppen ASA KOG 94.98%
28 HEICO Corp HEI 85.38%
29 MTU Aero Engines AG MTX 84.85%
30 Parsons Corp PSN 83.83%
31 Carpenter Technology Corp CRS 81.20%
32 New Issuer: BB Company ID:69775740 EXENS 80.17%
33 Tkms AG& Co KGaA TKMS 75.75%
34 Moog Inc MOGA 72.29%
35 Cameco Corp CCJ 72.16%
36 Textron Inc TXT 69.47%
37 Coherent Corp COHR 67.95%
38 QinetiQ Group PLC QQ. 64.07%
39 Amphenol Corp APH 63.75%
40 Kawasaki Heavy Industries Ltd 7012 61.61%
41 Crane Co CR 59.75%
42 IHI Corp 7013 59.40%
43 CSG NV CSG 58.39%
44 Samsung Heavy Industries Co Ltd 010140 56.70%
45 Zscaler Inc ZS 56.26%
46 RENK Group AG R3NK 55.84%
47 Hexcel Corp HXL 54.28%
48 Hanwha Aerospace Co Ltd 012450 51.84%
49 RBC Bearings Inc RBC 51.09%
50 Voyager Technologies Inc VOYG 50.30%

Sectors

Allocation by industry sector.
 
Sector Weight
Industrials 8383.00%
Technology 991.00%
Unknown 438.00%
Energy 110.00%
Materials 56.00%
Utilities 35.00%
Communication Services 4.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
United States 6098.00%
United Kingdom 859.00%
Germany 434.00%
UNKNOWN 405.00%
France 365.00%
Japan 324.00%
South Korea 264.00%
Israel 233.00%
Italy 193.00%
Canada 192.00%
Singapore 168.00%
Sweden 154.00%
Australia 128.00%
Norway 125.00%
Netherlands 58.00%
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