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Launched · SEC filings

Select STOXX Europe Aerospace & Defense ETF

EUADCboeC

$39.65−0.42 (−1.05%)

At close: Oct 13, 2026, 4:00 PM

C49/ 100

Rank 11 of 26 in Defense & Aerospace

C49/100Rank 11 of 26inDefense & Aerospace
Intraday session: down, 65 prints from 40.07 to 39.65. Range 39.60 to 40.03. Use the arrow keys to read each point.39.8039.9040.0010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$988M
1Y total return
−10.6%
Yield · Last 12 months
0.42%
Holdings
23
Avg volume · 30D
0.2M sh
NAV per share
$40.11
52W range
low $37.62high $48.44
Launched
Filings
SEC EDGAR

The ETF.net EUAD Grade

Based on 5 of 6 pillars

C

Score 49 out of 100

Category
Defense & Aerospace⁠
Rank
11 of 26
Six-pillar profile for EUAD. Scores out of 100: Cost 52, Risk 31, Mission not scored, Tradability 70, Holdings 28, Durability 67. Strongest: Tradability (70). Weakest: Holdings (28). Based on 5 of 6 pillars.

Score 49 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C52 out of 100
    Rank 12 of 26

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D31 out of 100
    Rank 20 of 26

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A70 out of 100
    Rank 6 of 26

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D28 out of 100
    Rank 23 of 26

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B67 out of 100
    Rank 7 of 26

Our read on EUAD

ETF.net Research

CThe defense-ETF aisle is stacked with U.S. primes. EUAD faces the other way: one ticker for an index of Europe's aerospace and defense makers, running since its October 2024 launch.

Stated mandate

The Fund seeks to track, before fees and expenses, the total return of the STOXX Europe Total Market Aerospace & Defense Index.

Why people hold it

  1. 01A clean geographic split from the cohort's leaders: it tracks the STOXX Europe Total Market Aerospace & Defense Index, while ITA and XAR sit on U.S. names.
  2. 020.50% a year lands right on the median for defense ETFs, and under PPA's 0.58%, for exposure most of the group doesn't offer.
  3. 03Rules over hunches: a total-market index pulls in Europe's listed aerospace and defense makers instead of a manager's shortlist. It sits in the upper half of its defense peer group.

Worth knowing

  1. 01It opened in October 2024, so the track record is short and the risk read rests on about a year of data.
  2. 02One industry on one continent. A short list of large manufacturers can set the tone for the whole fund.
  3. 03The holdings trade in European currencies, so exchange-rate swings add to or subtract from what a dollar-based investor sees.

EUAD Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
23
Top-10 weight
95%
Largest holding
RYCEY22.3%

Sectors

  • Industrials99.5%
  • Energy0.5%

Geography

  • United Kingdom36.95%
  • France23.42%
  • Netherlands18.21%
  • Germany13.95%
  • Italy3.68%
  • Sweden3.30%
  • United States0.49%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001RYCEYRolls-Royce Holdings-Sp Adr22.31%11,433,436$210M19
002SAFRYSafran Sa-Unspon Adr19.45%2,067,705$184M11
003EADSYAirbus Group SE18.08%3,239,342$171M13
004BAESYBae Systems PLC -Spon Adr10.65%1,019,732$100M16
005RNMBYRheinmetall Ag-Unsp Adr7.07%317,734$67M6
006MTUAYMtu Aero Engines-Unspon Adr5.05%242,833$48M6
007FINMYLeonardo SpA3.65%1,315,002$34M6
008THLLYThales SA - Unsp Adr3.53%682,319$33M7
009SAABYSaab AB3.28%1,032,809$31M8
010HAGHYHensoldt AG1.72%1,914,169$16M1
011BCKIYBabcock International Group PL1.46%1,129,500$14M1
012MLSPFMelrose Industries PLC0.80%1,308,800$8M1
013QNTQYQinetiq Group PLC0.77%300,532$7M1
014CMGMYChemring Group Plc-Unsp Adr0.52%755,569$5M1
015AMDassault Aviation SA0.49%14,700$5M187

Showing 1–15 of 23 holdings

EUAD Performance

Launched Oct 22, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
EUAD$8,944
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. EUAD $8,944. SPY $12,044. Use the arrow keys to read each point.$8,109$10,230$12,352Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for EUAD. Periods over one year show the average yearly return.
PeriodEUAD
Year to date−4.9%
1 month−6.6%
3 months−5.7%
1 year−10.6%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EUAD
YearReturn barEUAD
2026 YTD−4.9%
2025+74.5%
2024−3.6%

Since listing, Oct 22, 2024

EUAD in the news

Filtered to EUAD · Defense & Aerospace

EUAD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
0.42%Last 12 months
Payout per share
$0.17Last 12 months
Last payment
$0.17 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 30, 2024 $0.02; Dec 30, 2025 $0.17. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.17
Dec 30, 2024Dec 31, 2024$0.02

EUAD Risk

How much the fund’s monthly returns vary, scaled to a year.
25.1%
Annualised · 23 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.08
vs 3-month T-bills · 23 months to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−22.0%
23 months · trough May 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.36
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

EUAD Cost

Expense ratio0.50%
  • The middle half of Defense & Aerospace funds
  • Median 0.50%

11 of the 25 Defense & Aerospace funds charge less.

EUAD costs $50.00 a year on $10,000. The median Defense & Aerospace fund costs $50.00.

Other funds in Defense & Aerospace

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