DEFENSE EU vs USEU defense massively outperforming the US up 50% from the lows.
Lockheed Martin is forced to console American allies, convincing them not to abandon the US Defense industry as Trump completely destroys it with his pro-Russia behavior.
I don't see any way back to NATO normal. Trump has weaponized t
Key stats
About Select STOXX Europe Aerospace & Defense ETF
Home page
Inception date
Oct 22, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tuttle Capital Management LLC
Distributor
Capital Investment Group, Inc.
EUAD aims to provide a different geographical view on aerospace and defense spending. The fund tracks an index of European stocks or ADRs of companies headquartered in Europe that derive at least fifty percent of their revenue from the complete supply chain tied to aerospace and defense industry. The investment thesis is that given global tension and shifting security commitments, the focus on European companies may provide opportunities. Such companies include manufacturing, service, supply and distribution of aeronautical equipment, components, hardware, software, or electronic systems. In addition, companies that directly support civil or military defense efforts. The ETF uses a replication strategy, meaning it will aim to hold all the component stocks in the same proportions. Holdings are market-cap weighted. The index is rebalanced and reconstituted daily.
Classification
What's in the fund
Exposure type
Electronic Technology
Stock breakdown by region
Top 10 holdings
Europe’s defence awakeningThe race to bolster European defence capabilities is well underway. Since the invasion of Ukraine, European leaders have intensified calls for increased defence spending. The continent, long reliant on US security guarantees, is now facing a critical inflection point. Recent moves by the US administ
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EUAD trades at 39.04 USD today, its price has fallen −0.86% in the past 24 hours. Track more dynamics on EUAD price chart.
EUAD net asset value is 39.29 today — it's risen 15.67% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EUAD assets under management is 747.12 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EUAD price has risen by 16.68% over the last month, and its yearly performance shows a 49.87% increase. See more dynamics on EUAD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 15.67% over the last month, showed a 40.07% increase in three-month performance and has increased by 62.25% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 15.67% over the last month, showed a 40.07% increase in three-month performance and has increased by 62.25% in a year.
EUAD fund flows account for 658.23 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EUAD invests in stocks. See more details in our Analysis section.
EUAD expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EUAD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, EUAD pays dividends to its holders with the dividend yield of 0.06%.
EUAD trades at a premium (0.24%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EUAD shares are issued by Tuttle Capital Management LLC
EUAD follows the STOXX Europe TMI / Aerospace & Defense - SEC. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 22, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.