BNP Paribas Easy Bloomberg Europe Defense UCITS ETF Capitalisation is a equity ETF from BNP Paribas tracking the Bloomberg Europe Defense index through physical replication. Domiciled in Luxembourg and launched in 2025, the fund manages about 535 M € and charges a TER of 0.18% — 18 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
BNP Paribas Easy Bloomberg Europe Defense UCITS ETF Capitalisation competes with 261 other products in the same class and region (Equity, Europe): it ranks 79th by fund size and 56th by ongoing cost, with a TER of 0.18% against a group median of 0.25%. It has been listed since 2025, 1 years of track record.
On a €10,000 investment the TER costs 18 € a year, against 25 € for the median product in the category.
Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 84.5% 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.
The fund is domiciled in Luxembourg, which determines the tax treatment of income received by the fund and the supervisory authority.
| Safran SA | 13.3% |
| Airbus Group SE | 12.5% |
| Rheinmetall AG | 11.0% |
| Rolls-Royce Holdings PLC | 11.0% |
| MTU Aero Engines AG | 7.1% |
| Thales S.A. | 6.8% |
| Leonardo S.p.A. | 6.8% |
| Saab AB (publ) | 6.1% |
| BAE Systems plc | 5.3% |
| Kongsberg Gruppen ASA | 4.6% |
| Borsa Italiana | GUARD | EUR |
| XETRA | BJL8 | EUR |
| Euronext Paris | GUARD | 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 Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.