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Launched

U.S. Global Technology and Aerospace & Defense ETF

WARNYSE ArcaUS GlobalC

$26.93−0.85 (−3.06%)

At close: Nov 2, 2026, 4:00 PM ET

C40/ 100

Rank 15 of 26 in Defense & Aerospace

C40/100Rank 15 of 26inDefense & Aerospace
Intraday session: down, 78 prints from 27.78 to 26.93. Range 26.93 to 27.88. Use the arrow keys to read each point.27.2027.4027.6010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$32M
1Y total return
+16.9%
Yield · Last 12 months
No data
Holdings
29
Avg volume · 30D
13.9K sh
52W range
low $22.40high $36.16
Launched

The ETF.net WAR Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Defense & Aerospace⁠
Rank
15 of 26
Six-pillar profile for WAR. Scores out of 100: Cost 34, Risk 40, Mission not scored, Tradability 39, Holdings 55, Durability 52. Strongest: Holdings (55). Weakest: Cost (34). Based on 5 of 6 pillars.

Score 40 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.
    D34 out of 100
    Rank 17 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.
    C40 out of 100
    Rank 16 of 26

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D39 out of 100
    Rank 19 of 26

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B55 out of 100
    Rank 14 of 26

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 16 of 26

Our read on WAR

ETF.net Research

In short

CMost defense funds buy the primes. WAR's bet is that modern warfare runs on chips, code and data centers, so it pairs aerospace and defense names with semiconductors and cybersecurity in one active, roughly 30-stock portfolio.

Stated mandate

The Fund seeks capital appreciation. It invests at least 80% of net assets in technology and aerospace and defense equities, emphasizing companies whose products, services, or innovations support national defense, including aerospace, physical, and cybersecurity defense.

Why people hold it

  • Defense plus the tech behind it: aerospace and defense manufacturers sit alongside semiconductors, cybersecurity, data centers and electronic warfare names.globenewswire.com
  • Actively managed, not a fixed defense index: managers pick names with quantitative screens and fundamental research, benchmarked to the S&P 500 Total Return Index.usfunds.comusglobaletfs.com
  • Roughly 30 holdings, so each position carries real weight. A concentrated take on the theme rather than a watered-down basket.

Worth knowing

  • 0.60% a year runs a touch above the typical global thematic fund. That is the tab for an active manager rather than an index.
  • Non-diversified and deliberately concentrated, so a rough stretch for chipmakers can drag it even when defense spending holds up.globenewswire.com
  • Launched at the end of 2024 and still a small, lightly traded fund: short track record, and spreads can be wider than in the category giants.

WAR Performance

Launched Dec 30, 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.
WAR$11,686
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. WAR $11,686. SPY $11,146. Use the arrow keys to read each point.$10,000$12,500$15,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 WAR. Periods over one year show the average yearly return.
PeriodWAR
Year to date+16.6%
1 month−16.8%
3 months−6.7%
1 year+16.9%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 WAR
YearReturn barWAR
2026 YTD+16.6%
2025+31.1%
2024−0.2%

Since listing, Dec 30, 2024

WAR in the news

WAR Dividends

Last payment
$2.95 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $2.95. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 26, 2025$2.95

$10,000 in WAR 1 year ago paid $1,126 in dividends.

WAR Risk

Risk pillarC40 out of 100Rank 16 of 26 in Defense & Aerospace
How much the fund’s monthly returns vary, scaled to a year.
32.0%
Annualised · 22 months to Oct 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.
0.81
vs 3-month T-bills · 22 months to Oct 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.
−25.2%
22 months · trough Nov 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.
1.85
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.

FMP measures it over up to five years of monthly returns.

WAR Cost

Compare WAR and XAR

Overpaying vs XAR, tied cheapest in Defense & Aerospace

$4,691

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • WAR 0.60%

    $11,817

  • XAR 0.35% Tied cheapest

    $7,126

$10,000
30 years

Cost over time

  • WAR 0.60%
  • XAR 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530WAR $11,817XAR $7,126

Year by year

YearWARXAROverpaying
10$1,076$634$442
20$4,116$2,454$1,662
30$11,817$7,126$4,691

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