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ETF IssuersiSharesDFNC
DFNC

iShares Europe Defence UCITS ETF

The DFNC Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: STOXX Europe Targeted Defence Index. The DFNC ETF provides physical exposure, so by buying it you actually own parts of all the 32 underlying holdings. The dividend policy is capitalization.

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€5.32
-€0.056 (-1.04%) 3 days ago
3:30 PM 09/18/26 Open
1D price range
€5.32€5.40
52W price range
€4.58€6.19
YTD Perf.
+5.92%
YTD Flows
Annualized volatility
Fund AuM
€357M
Share class AuM
€357M
TTM Yield
-
Tracking Error
Tracking Difference
ISIN
IE000IAXNM41
TER
0.35%
Inception date
5/23/2025
Issuer
Replication method
Dividend policy
Compare similar ETFs
API
PerformanceDec 30, 2025 - Sep 18, 2026
0%5%10%15%20%JANMARMAYJULSEP
Flows
Join for free to unlock
Data as of 07/31/26
Industrials
97.69%
Business Services
1.47%
Unavailable
0.21%
Other
0.61%
Latest DFNC news

FAQ about DFNC

DFNC is a Passive ETF. This ETF provides exposure to Other European Aerospace & Defense Equities.
DFNC tracks the STOXX Europe Targeted Defence Index - EUR, through a full replication replication method.
DFNC carries a total expense ratio (TER) of 0.35%, indicating the annual cost for holding the fund.
DFNC was introduced to the market on May 23, 2025. It trades on Czech Republic, among other exchanges
iShares Europe Defence UCITS ETF, DFNC, is provided by iShares. Learn more about iShares here.
DFNC oversees €357M in assets as of September 18, 2026.
DFNC follows a capitalizing, meaning it reinvests income within the fund.
As of July 31, 2026, DFNC has significant geographic allocations in United Kingdom, Germany and France.
As of July 31, 2026, DFNC focuses largely on Industrials and Business Services.
As of July 31, 2026, DFNC holds 32 positions in its portfolio, with 93.72% of assets concentrated in its top 15 holdings.
As of July 31, 2026, DFNC top three holdings include Rolls-Royce Holdings Plc, BAE Systems Plc and Rheinmetall AG.
The base currency of DFNC is EUR.
Data as of 07/31/26
Rolls-Royce Holdings Plc
16.84%
BAE Systems Plc
15.22%
Rheinmetall AG
13.35%
Thales SA
8.08%
Leonardo SpA
7.01%
Kongsberg Gruppen ASA
6.12%
Saab AB
6.02%
Safran SA
5.05%
Airbus SE
4.78%
Aselsan Elektronik Sanayi ve Ticaret AS
2.73%

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