Overview
Tracks the STOXX® Europe Total Market Aerospace & Defense Index — 23 European companies deriving at least 50% of revenues from aerospace equipment, components, and civil/military defense systems.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| AIR | Airbus SE | 6.31% |
| MTX | MTU Aero Engines AG | 4.56% |
| BA. | BAE Systems PLC | 4.27% |
| RR. | Rolls-Royce Holdings | 4.18% |
| SAF | Safran SA | 4.10% |
| LDO | Leonardo SpA | 3.92% |
| RHM | Rheinmetall AG | 3.88% |
| HO | Thales SA | 3.72% |
| SAAB | Saab AB | 3.58% |
| ESLT | Elbit Systems | 3.42% |
Fund Details
Investment Thesis
EUAD is the first US-listed ETF offering pure-play exposure to the European aerospace and defense industry, tracking the STOXX® Europe Total Market Aerospace & Defense Index. Launched in October 2024, it has rapidly accumulated over 1.2 billion dollars in assets, reflecting massive investor demand for European defense exposure. With NATO members legally committed to 2% GDP defense spending targets and most European nations accelerating procurement programs following geopolitical upheaval, the companies in this index are experiencing multi-year order book growth that rivals any period in modern history.
Who It's For
Investors seeking direct exposure to the European defense spending surge driven by NATO commitments and geopolitical tensions. EUAD suits those who want targeted aerospace and defense sector exposure in Europe rather than broad European equity funds, as well as US-based investors who cannot easily access individual European defense stocks. A natural complement to US defense ETFs like SHLD for investors building a global defense sector allocation.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | -- | -- |
| 2017 | -- | -- |
| 2018 | -- | -- |
| 2019 | -- | -- |
| 2020 | -- | -- |
| 2021 | -- | -- |
| 2022 | -- | -- |
| 2023 | -- | -- |
| 2024 | $25.00 | -- |
| 2025 | $39.35 | +57.4% |
| Year | Yield |
|---|---|
| 2016 | -- |
| 2017 | -- |
| 2018 | -- |
| 2019 | -- |
| 2020 | -- |
| 2021 | -- |
| 2022 | -- |
| 2023 | -- |
| 2024 | -- |
| 2025 | -- |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | -- | -- |
| 2017 | -- | -- |
| 2018 | -- | -- |
| 2019 | -- | -- |
| 2020 | -- | -- |
| 2021 | -- | -- |
| 2022 | -- | -- |
| 2023 | -- | -- |
| 2024 | $0.1B | -- |
| 2025 | $1.24B | +1140% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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