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IVDF ETF · Invesco Defence Innovation UCITS ETF
The IVDF Exchange Traded Fund (ETF) is provided by Invesco. It is built to track an index: S&P Kensho Global Future Defense Index. The IVDF ETF provides physical exposure, so by buying it you actually own parts of all the 60 underlying holdings. The dividend policy is capitalization.
Real-time data unavailable for IVDF
LIVE
CLOSED
This fund is part ofWorld Industrials1M perf.+3.89%
Last price
N/A
1M perf.
+1.77%
1M flows
+€8.3M
AuM
€109M
E/R
0.35%
Rating
Not rated
ESG Consensus®
IVDF
N/A
Performance & flows
Segment for quartile rank
December 15, 2025 → March 13, 2026
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IVDF
$9.56
+16.71%
World Industrials
+15.91%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +1.77%  | +16.71% | +72.44%  | N/A | N/A | -2.50% | +14.90% | +14.90% | |
| Flows |
Key fund info
Segment for quartile rank
Main characteristics
More details
NAV
3/13/2026
$9.56
1D NAV change
-0.50%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
60
Inception date
10/29/2024
Jurisdiction
Ireland
Distribution
Denmark
Israel
Croatia
Slovakia
Romania
Legal structure
Open-end Investment Company
Base currency
USD
Classification
Investment strategy
The Invesco Defence Innovation UCITS ETF aims to provide the net total return performance of the S&P Kensho Global Future Defense Index (the “Reference Index”), less the impact of fees.
The Reference Index tracks the performance of global listed companies that are developing sophisticated weapons, defensive systems and other solutions for securing borders, specifically including these business activities: (a) smart borders and securing critical infrastructure; (b) military applications of cyber security, space systems, robotics, remotely operated or unmanned air and sea drones, wearable technologies and virtual or augmented reality.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Enterprise
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +16.71% | +72.44% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
1
2
3
4
5
6
7
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
USA
69.80%
France
8.60%
United Kingdom
3.80%
Italy
3.20%
Israel
2.30%
Sweden
2.30%
Australia
2.20%
Germany
1.90%
Unavailable
0.50%
Other
5.40%
Sectors
Industrials
61.60%
Information Technology
18.30%
Communication Services
3.00%
Health Care
2.30%
Energy
1.80%
Unavailable
13.00%
Diversification
Total weight of top 15 holdings out of 60
Top 15 holdings
Data as of January 31, 2026
PLANET LABS PBC
RED CAT HOLDINGS INC
REDWIRE CORPORATION
US7731211089
ELBIT SYSTEMS
SE0021921269
ELECTRO OPTIC SYSTEMS HOLDINGS
KRATOS DEFENSE AND SECURITY SOLS
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LOCKHEED MARTIN
NORTHROP GRUMMAN
L3 HARRIS TECHNOLOGIES
VIASAT
HENSOLDT AG
MOOG
TELEDYNE TECH
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Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about IVDF ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
IVDF’s has a Final Sustainability Grade of either C+, C, C-, or D.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
44.46% of holdings have positive scoring
56.04% of holdings have negative scoring
31.05%
10.55%
5.13%
37.29%
13.63%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
S&P Kensho Global Future Defense NTR Index - USD
Index ticker
KGDFN Index
Index dividend policy
NTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Invesco
Invesco ID Card
Number of funds
631
Total AuM
€852.43B
Expense ratio range
0.04% - 5.39%
Average expense ratio
0.3562%
Top 5 funds by Invesco
| AuM | ||
|---|---|---|
QQQ | Invesco QQQ ETF | €337.06B |
RSP | Invesco S&P 500® Equal Weight ETF | €74.12B |
QQQM | Invesco NASDAQ 100 ETF | €61.07B |
SPXS | Invesco S&P 500 UCITS ETF | €30.55B |
SGLD | Invesco Physical Gold USD ETC | €28.27B |
Frequently asked questions about IVDF
What does Invesco Defence Innovation UCITS ETF, IVDF, invest in?
IVDF is a Passive ETF. This ETF provides exposure to Other Developed markets Aerospace & Defense Equities.
Which benchmark or index does IVDF replicate?
IVDF tracks the S&P Kensho Global Future Defense NTR Index - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of IVDF?
IVDF carries a total expense ratio (TER) of 0.35%, indicating the annual cost for holding the fund.
When was IVDF launched?
IVDF was introduced to the market on October 29, 2024. It trades on Denmark, among other exchanges
Who is the ETF issuer of IVDF?
Invesco Defence Innovation UCITS ETF, IVDF, is provided by Invesco. Learn more about Invesco here.
What is the current assets under management (AUM) of IVDF?
IVDF oversees €109M in assets as of March 13, 2026.
How has IVDF performed lately?
Based on data from March 13, 2026, IVDF returned 1.77% over the past month, 16.71% over the last three months and 14.90% year-to-date.
What are the latest inflows or outflows for IVDF?
As of March 13, 2026, IVDF recorded net flows of +€8.3M over the last month and +€29M year-to-date.
Does IVDF distribute dividends?
IVDF follows a capitalizing, meaning it reinvests income within the fund.
What are the main country or region exposures of IVDF?
As of January 31, 2026, IVDF has significant geographic allocations in USA, France and United Kingdom.
In which sector or theme does IVDF invest in?
As of January 31, 2026, IVDF focuses largely on Industrials, Information Technology and Communication Services.
How many securities does IVDF hold and how diversified is it?
As of January 31, 2026, IVDF holds 60 positions in its portfolio, with 34.00% of assets concentrated in its top 15 holdings.
What are the main positions in IVDF?
As of January 31, 2026, IVDF top three holdings include PLANET LABS PBC, RED CAT HOLDINGS INC and REDWIRE CORPORATION.
What is the base currency of IVDF?
The base currency of IVDF is USD.
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