WisdomTree continues its series of launching exchange-traded funds (ETFs). After the recent listing of a thematic vehicle, the American provider is launching two strategies in the defense sector: the WisdomTree Asia Defense UCITS ETF (WDAF) and the WisdomTree Global Defense UCITS ETF (WDGF).
Both products are listed in euros on Börse Xetra, Borsa Italiana, Euronext Paris, and SIX Swiss Exchange since March 31. The next day, on April 1, they will be listed in pounds sterling and dollars on the London Stock Exchange. The total fees for WDAF are 0.50% while WDGF’s fees are 0.40%.
While both vehicles will target defense sector companies, the WisdomTree Asia Defense UCITS ETF will focus on those located in the Asia-Pacific region, excluding China. The goal is to capture the rise in defense investment cycle in Asia.
On the other hand, WDGF will provide exposure to global companies that derive a significant portion of their revenues from defense-related activities. The ETF aims to target companies directly involved in defense manufacturing, systems, and technologies.
The strategy aims to avoid dilution in broader activities such as civil aerospace. It also aims to offer diversified exposure to the global defense industry, benefiting from different armament cycles worldwide.
Context:
These ETF launches are part of WisdomTree’s thematic products following the successful launch of the WisdomTree Europe Defense UCITS ETF (WDEF) in March 2025.
Fact Check:
The article mentions the exclusion of companies involved in controversial weapons in the indices of the ETFs.
Context:
Pierre Debru, WisdomTree’s Head of Research in Europe, emphasizes that defense has become a structural investment theme rather than a short-term reaction to geopolitical events.
