Largest · Industry · ranked by net assets

The largest Aerospace & Defense ETFs

There are 12 US-listed aerospace & defense ETFs, with $39.16B in combined net assets.

The largest is iShares U.S. Aerospace & Defense ETF (ITA) at $14.44B, followed by PPA at $8.26B.

Expense ratios run from 0% to 0.96% a year (median 0.5%).

The 10 largest

The largest Aerospace & Defense ETFs
# Fund 30 daysNet assetsCostYieldYTD1 yr3 yr5 yr
1 ITA iShares U.S. Aerospace & Defense ETF $14.44B0.37%0.09%+0.2%-0.3%+24.8%+16.4%
2 PPA Invesco Aerospace & Defense ETF $8.26B0.58%0.43%+0.6%-1.3%+26.1%+17.3%
3 SHLD Global X Defense Tech ETF $7.24B0.5%0.68%-2.1%-6.9%+36.9%—
4 XAR SPDR S&P Aerospace & Defense ETF $6.47B0.35%0.19%-6.9%-10.5%+26.6%+14.0%
5 EUAD Select STOXX Europe Aerospace & Defense ETF $1.24B0.5%0.43%-6.7%-11.2%——
6 MISL First Trust Indxx Aerospace & Defense ETF $801.9M0.6%0.07%-3.1%-5.2%+23.9%—
7 DFEN Direxion Daily Aerospace & Defense Bull 3X Shares Leveraged $384.1M0.96%12.27%-28.2%-34.8%+55.7%+23.6%
8 KDEF PLUS Korea Defense Industry Index ETF $112.9M0.65%8.86%-22.4%-26.8%——
9 NATO Themes Transatlantic Defense ETF $100.7M0.35%0.47%-5.4%-7.3%——
10 GCAD Gabelli Commercial Aerospace and Defense ETF $43.7M0%1.99%+4.1%+6.2%+29.7%—

Returns are total returns with distributions reinvested (3 and 5 years annualized), as of Nov 2, 2026.

How the top 5 compare

    Growth of each fund’s value from the start of the range, distributions reinvested. The dashed gray line is the S&P 500 (SPY).

    All 12 Aerospace & Defense ETFs

    Largest first. Click a heading to sort.

    All Aerospace & Defense ETFs
    Fund IssuerNet assetsCostYieldYTD1 yr5 yr
    ITA iShares U.S. Aerospace & Defense ETF iShares$14.44B0.37%0.09%+0.2%-0.3%+16.4%
    PPA Invesco Aerospace & Defense ETF Invesco$8.26B0.58%0.43%+0.6%-1.3%+17.3%
    SHLD Global X Defense Tech ETF Global X$7.24B0.5%0.68%-2.1%-6.9%—
    XAR SPDR S&P Aerospace & Defense ETF SPDR (State Street)$6.47B0.35%0.19%-6.9%-10.5%+14.0%
    EUAD Select STOXX Europe Aerospace & Defense ETF Tuttle Capital Management LLC$1.24B0.5%0.43%-6.7%-11.2%—
    MISL First Trust Indxx Aerospace & Defense ETF First Trust$801.9M0.6%0.07%-3.1%-5.2%—
    DFEN Direxion Daily Aerospace & Defense Bull 3X Shares Leveraged Direxion$384.1M0.96%12.27%-28.2%-34.8%+23.6%
    KDEF PLUS Korea Defense Industry Index ETF Exchange Traded Concepts$112.9M0.65%8.86%-22.4%-26.8%—
    NATO Themes Transatlantic Defense ETF Themes ETF$100.7M0.35%0.47%-5.4%-7.3%—
    GCAD Gabelli Commercial Aerospace and Defense ETF Gabelli$43.7M0%1.99%+4.1%+6.2%—
    WAR U.S. Global Technology and Aerospace & Defense ETF US Global Investors$41.3M0.6%10.15%+26.0%+24.6%—
    FOWF Pacer Solactive Whitney Future of Warfare ETF Pacer$15.8M0.49%0.17%+3.9%——

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