HANetf Future of Defence UCITS ETF - Accumulating EUR is a equity ETF from HANetf tracking the Future of Defence index through physical replication. Domiciled in Ireland and launched in 2023, the fund manages about 2.7 bn € and charges a TER of 0.49% — 49 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
HANetf Future of Defence UCITS ETF - Accumulating EUR competes with 175 other products in the same class and region (Equity, Global): it ranks 18th by fund size and 106th by ongoing cost, with a TER of 0.49% against a group median of 0.40%. It has been listed since 2023, 3 years of track record.
On a €10,000 investment the TER costs 49 € a year, against 40 € for the median product in the category.
Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 52.8% of the portfolio.
Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in EUR. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.
Irish domicile lets the fund apply the Ireland–US tax treaty, with 15% withholding instead of 30% on US dividends received by the fund.
| Palo Alto Networks Inc | 8.3% |
| Crowdstrike Holdings Inc | 7.2% |
| Safran SA | 5.8% |
| Cisco Systems Inc | 5.6% |
| Fortinet Inc | 5.6% |
| General Dynamics Corporation | 4.6% |
| RTX Corporation | 4.3% |
| BAE Systems plc | 4.1% |
| Lockheed Martin Corporation | 3.8% |
| Northrop Grumman Corporation | 3.5% |
| Borsa Italiana | NATO | EUR |
| XETRA | ASWC | EUR |
| London Stock Exchange | NATP | GBX |
| London Stock Exchange | NATO | USD |
| Euronext Paris | NATO | EUR |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.