AMMO
VistaShares Defense Supercycle ETF
VistaShares Defense Supercycle ETF aims to provide investors with exposure to companies that are positioned to benefit from the defense and aerospace sectors, particularly amidst increasing defense spending and geopolitical tensions.
US
EQUITY
Active
MANAGEMENT STYLE
$ 2.2 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Jul 15, 2026 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MILDEF GROUP AB | 4.4 % |
| RHEINMETALL AG | 4.1 % |
| COHORT PLC | 3.5 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 3.4 % |
| KITRON ASA | 3.4 % |
| CHEMRING GROUP PLC | 3.1 % |
| L3HARRIS TECHNOLOGIES INC | 2.9 % |
| ELBIT SYSTEMS LTD | 2.8 % |
| LIG NEX1 CO., LTD. | 2.8 % |
| HENSOLDT AG | 2.7 % |
Constituent Breakdown
| Number of holdings | 49 |
| Herfindahl-Hirschman Index | 238 |
| Wgt avg mkt cap (mns) | $39,112 |
| Large cap (>$10bn) | 52.9% |
| Mid cap ($2-10bn) | 22.2% |
| Small cap (<$2bn) | 12.8% |
| Developed mkts. | 83.7% |
| Emerging mkts. | 6.5% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 43.7 % |
 |
BRITAIN | 8.5 % |
 |
GERMANY | 7.8 % |
 |
NORWAY | 5.7 % |
 |
SOUTH KOREA | 5.6 % |
 |
ISRAEL | 4.7 % |
 |
ITALY | 3.5 % |
 |
SWEDEN | 2.4 % |
 |
SPAIN | 1.9 % |
 |
FRANCE | 1.8 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividend Yield | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Returns | -- | -- | -- | -- | -- | -- | -- | -- | Ann. Volatility | -- | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.20% |
Technical Indicators
| 30d moving avg. (EMA) | $23.43 |
| Relative strength (RSI) | 42 |
| MACD/Signal | -0.39/-0.47 |
| Bollinger Bands (Upper/Lower) | $23.78/$22.16 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. AMMO |
Expenses vs. AMMO |
ALTAR Score™ vs. AMMO |
|---|---|---|---|---|
| ARMY | Tema International Defense ETF | 35.6% | 0 bp | +0.9% |
| SHLD | Global X Defense Tech ETF | 30.0% | -25 bp | +1.6% |
| GALX | VistaShares Space Supercycle ETF | 29.6% | 0 bp | -2.1% |
| XAR | State Street SPDR S&P Aerospace & Defense ETF | 26.4% | -40 bp | -1.3% |
| IDEF | iShares Defense Industrials Active ETF | 25.7% | -20 bp | -0.1% |
| NATO | Themes Transatlantic Defense ETF | 23.1% | -40 bp | -0.4% |
| PPA | Invesco Aerospace & Defense ETF | 22.8% | -17 bp | -0.6% |
| UFOD | Tuttle Capital UFO Disclosure ETF | 22.1% | +24 bp | -1.1% |
| MISL | First Trust Indxx Aerospace & Defense ETF | 19.4% | -15 bp | -1.0% |
| FSPC | First Trust Bloomberg Space Economy ETF | 18.8% | -10 bp | -1.7% |
Risk and Returns: AMMO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/6/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
2.9%
ALTAR SCORE™
9th
PERCENTILE
AVOID
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. AMMO's ALTAR Score™ is approximately -1.3 standard
deviations above the category average. This places AMMO in the 9th percentile
among funds in the category.
Sell-Side Consensus
$30.67
PRICE TARGET
+50.3%
UPSIDE