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Access defence exposure through ETFs

Rising defence budgets and evolving security priorities are reshaping global defence markets. iShares ETFs provide targeted access to aerospace, defence and cybersecurity companies across Europe, the United States and globally.

Aerial view of an airplane at an airport gate with ground crew, vehicles, and cargo operations.

Why consider defence exposure?

Defence has become a strategically important allocation as governments respond to geopolitical uncertainty, military modernisation and long-term security commitments.

Sustained increases in defence spending across NATO countries, Europe and the United States continue to support aerospace and defence companies across multiple segments. Defence ETFs provide a liquid, transparent and scalable way to access this theme while retaining portfolio flexibility.

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

DFND

iShares Global Aerospace & Defence UCITS ETF

Provides diversified exposure to global aerospace and defence companies, spanning multiple regions and defence-related industries.

View DFND

DFEU

iShares Europe Defence UCITS ETF

Provides focused exposure to European defence companies positioned to benefit from increasing regional defence investment and strategic autonomy initiatives.

View DFEU

LOCK

iShares Digital Security UCITS ETF

Provides exposure to companies developing cyber security solutions that support the transmission, safeguarding and handling of sensitive data, and access to data centres.

View LOCK

Why choose iShares for defence investing?

Multiple implementation options

Select between regional and global defence exposures to align with portfolio objectives, investment views and benchmark considerations.

Access structural spending trends

Long-term spending commitments continue to support investment across military equipment, aerospace systems, cybersecurity and advanced technologies.

ETF efficiency

Gain defence exposure through transparent, liquid and exchange-traded vehicles that can be efficiently integrated into broader portfolio construction frameworks.

How the funds differ

Defence ETF FAQs

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