ABOUT VanEck Defense ETF A USD Acc
This entity offers a specialized investment vehicle focused on the global defense industry. It provides investors with access to a diversified portfolio of publicly traded companies that are significantly involved in the development, manufacturing, and provision of products and services for military and national security applications. This includes companies across various sub-sectors, such as aerospace, land and naval defense systems, cybersecurity, and related technologies. The fund aims to track the performance of a specific index representing this sector, allowing investors to gain exposure to the financial performance of the defense sector as a whole rather than individual companies. Through its structure, it offers a way to participate in the growth and potential profitability associated with government spending on defense programs and technological advancements in military and security fields, while maintaining diversification to mitigate risks. The geographic scope of the holdings spans across global markets, ensuring exposure to companies that serve different defense sectors, but largely focuses on developed markets. By investing in this fund, investors can pursue potential returns stemming from the defense industry's unique drivers, including geopolitical tensions, technological innovation, and evolving national security needs, while also bearing the inherent risks associated with the sector, including the impacts of government policy changes and public sentiment.