WDEF.L
WisdomTree Europe Defence UCITS ETF - EUR Acc
Europe
EQUITY
Rules-Based
MANAGEMENT STYLE
€ 4.5 B
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Inception date | Oct 28, 2016 |
| Regulation | UCITS |
| ISIN | IE0002Y8CX98 |
| Distributions | |
| Currency | EUR |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| THALES SA | 12.7 % |
| BAE SYSTEMS PLC | 11.8 % |
| RHEINMETALL AG | 11.1 % |
| AIRBUS GROUP SE | 8.3 % |
| ROLLS-ROYCE GROUP PLC | 8.2 % |
| SAFRAN SA | 7.9 % |
| LEONARDO SPA | 6.5 % |
| SAAB CLASS B | 6.3 % |
| DASSAULT AVIATION SA | 5.4 % |
| KONGSBERG GRUPPEN ASA NOK 1.2500 | 3.9 % |
Constituent Breakdown
| Number of holdings | 38 |
| Herfindahl-Hirschman Index | 821 |
| Wgt avg mkt cap (mns) | $65,698 |
| Large cap (>$10bn) | 82.6% |
| Mid cap ($2-10bn) | 4.8% |
| Small cap (<$2bn) | 1.8% |
| Developed mkts. | 89.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
FRANCE | 26.9 % |
 |
BRITAIN | 24.6 % |
 |
GERMANY | 13.5 % |
 |
NETHERLANDS | 8.3 % |
 |
SWEDEN | 6.8 % |
 |
ITALY | 6.6 % |
 |
SPAIN | 1.6 % |
 |
NORWAY | 0.9 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.2% | 3.7% | 12.7% | 12.5% | 7.0% | -- | -- | 9.8% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -- | -- | 0.0% |
| Total Returns | 8.2% | 3.7% | 12.7% | 12.5% | 7.0% | -- | -- | 9.8% | Ann. Volatility | 119.0% | 82.7% | 66.9% | 56.9% | 46.6% | -- | -- | 45.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.79 | 1% |
| MSCI EAFE | 1.15 | 4% |
| MSCI Emg Mkts | 0.75 | 3% |
Liquidity Measures
| Avg. volume (000) | 201 |
| ADV traded (mns) | $6 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $30.97 |
| Relative strength (RSI) | 52 |
| MACD/Signal | -0.03/-0.40 |
| Bollinger Bands (Upper/Lower) | $32.76/$28.21 |
| Short interest (% of AUM) | 0.0% |
Distributions
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. WDEF.L |
Expenses vs. WDEF.L |
ALTAR Score™ vs. WDEF.L |
|---|---|---|---|---|
| XDEF.DE | Xtrackers Europe Defence Technologies UCITS ETF 1C | 64.0% | -15 bp | +0.6% |
| EDEF.L | Global X Europe Focused Defence Tech UCITS ETF | 46.8% | 0 bp | -0.8% |
| DFND.L | iShares Global Aerospace & Defence UCITS ETF | 28.6% | -5 bp | -1.5% |
| ARMR.L | Global X Defence Tech UCITS ETF | 28.0% | +10 bp | -0.1% |
| EXH4.DE | iShares STOXX Europe 600 Industrial Goods & Services UCITS E | 27.3% | +6 bp | +0.4% |
| ESIN.L | iShares MSCI Europe Industrials Sector UCITS ETF | 22.6% | -22 bp | +0.4% |
| BRIJ.L | Global X European Infrastructure Development UCITS ETF | 13.2% | +7 bp | +4.1% |
| GC40.DE | Amundi CAC 40 ESG UCITS ETF Acc | 12.3% | -15 bp | +2.9% |
| C4D.PA | Amundi CAC 40 ESG UCITS ETF Dist | 12.3% | -15 bp | +2.9% |
| CACX.L | Amundi CAC 40 UCITS ETF Dist | 12.0% | -15 bp | +3.8% |
Risk and Returns: WDEF.L 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.
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Results & Estimates (EUR)
| 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
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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 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
3.9%
ALTAR SCORE™
1st
PERCENTILE
AVOID
ETFRC RATING
There are 237 funds in the Europe Equity category with an average
ALTAR Score™ of 6.8% and a standard deviation
of 1.3%. WDEF.L's ALTAR Score™ is approximately -2.3 standard
deviations above the category average. This places WDEF.L in the 1st percentile
among funds in the category.
Sell-Side Consensus
€42.14
PRICE TARGET
+38.6%
UPSIDE