---
ticker: "AMMO"
name: "VistaShares Defense Supercycle ETF"
url: "https://etf.net/etf/AMMO"
grade: "D"
score: 34
graded_at: "2026-10-12"
category: "Defense & Aerospace"
category_rank: "22 of 26"
methodology: "https://etf.net/methodology"
---

# AMMO: VistaShares Defense Supercycle ETF

Grade **D**, Score 34 of 100. Rank 22 of 26 in Defense & Aerospace.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 14 | 22 of 26 |
| Mission | Not scored | — |
| Risk | 49 | 14 of 26 |
| Tradability | 31 | 23 of 26 |
| Holdings | 86 | 3 of 26 |
| Durability | 16 | 23 of 26 |

## Top holdings

The fund holds 53 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 079550.KS | LIG Defense&Aerospace Co Ltd | 4.19% |
| 2 | PLTR | Palantir Technologies Inc | 3.93% |
| 3 | KIT.OL | Kitron ASA | 3.89% |
| 4 | MILDEF.ST | Mildef Group AB | 3.76% |
| 5 | RHM.DE | Rheinmetall AG | 3.68% |
| 6 | CHRT.L | Cohort PLC | 3.12% |
| 7 | MP | MP Materials Corp | 2.95% |
| 8 | CHG.L | Chemring Group PLC | 2.80% |
| 9 | LHX | L3Harris Technologies Inc | 2.55% |
| 10 | HAG.DE | Hensoldt AG | 2.51% |
| 11 | TTMI | TTM Technologies Inc | 2.45% |
| 12 | TDG | TransDigm Group Inc | 2.40% |
| 13 | DCO | Ducommun Inc | 2.31% |
| 14 | WWD | Woodward Inc | 2.28% |
| 15 | KEYS | Keysight Technologies Inc | 2.26% |
| 16 | ESLT.TA | Elbit Systems Ltd | 2.25% |
| 17 | MOG.A | Moog Inc | 2.23% |
| 18 | AVAV | AeroVironment Inc | 2.14% |
| 19 | THEON.AS | Theon International PLC | 2.12% |
| 20 | TDY | Teledyne Technologies Inc | 2.10% |
| 21 | RR.L | Rolls-Royce Holdings PLC | 2.10% |
| 22 | — | Saab AB | 2.08% |
| 23 | KTOS | Kratos Defense & Security Solutions Inc | 1.99% |
| 24 | KOG.OL | Kongsberg Gruppen ASA | 1.92% |
| 25 | 103140.KS | Poongsan Corp | 1.88% |
| 26 | R3NK.DE | RENK Group AG | 1.84% |
| 27 | IDR.MC | Indra Sistemas SA | 1.75% |
| 28 | LDO.MI | Leonardo-Finmeccanica Spa | 1.75% |
| 29 | RKLB | Rocket Lab Corp | 1.74% |
| 30 | CW | Curtiss-Wright Corp | 1.73% |

Source: etf.net, https://etf.net/etf/AMMO. Please cite the page URL.