---
ticker: "WAR"
name: "U.S. Global Technology and Aerospace & Defense ETF"
url: "https://etf.net/etf/WAR"
grade: "C"
score: 42
graded_at: "2026-10-12"
category: "Defense & Aerospace"
category_rank: "15 of 26"
methodology: "https://etf.net/methodology"
---

# WAR: U.S. Global Technology and Aerospace & Defense ETF

Grade **C**, Score 42 of 100. Rank 15 of 26 in Defense & Aerospace.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 34 | 17 of 26 |
| Mission | Not scored | — |
| Risk | 39 | 17 of 26 |
| Tradability | 56 | 9 of 26 |
| Holdings | 50 | 15 of 26 |
| Durability | 51 | 15 of 26 |

## Top holdings

The fund holds 29 positions. These are the largest 29, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | MU | Micron Technology Inc | 7.89% |
| 2 | AXTI | AXT Inc | 7.64% |
| 3 | AVAV | AeroVironment Inc | 7.36% |
| 4 | DRO.AX | DroneShield Ltd | 7.11% |
| 5 | RHM.DE | Rheinmetall AG | 5.45% |
| 6 | AXON | Axon Enterprise Inc | 4.87% |
| 7 | ALAB | Astera Labs Inc | 4.65% |
| 8 | NET | Cloudflare Inc | 4.51% |
| 9 | TER | Teradyne Inc | 4.36% |
| 10 | NVDA | NVIDIA Corp | 4.12% |
| 11 | NPK | National Presto Industries Inc | 4.04% |
| 12 | FGXXX | First American Government Obligations Fund 12/01/2031 | 3.79% |
| 13 | IA | Innovative Solutions and Support Inc | 3.69% |
| 14 | BESI.AS | BE Semiconductor Industries NV | 3.61% |
| 15 | SAABB.ST | Saab AB | 3.55% |
| 16 | LOAR | Loar Holdings Inc | 3.43% |
| 17 | PLTR | Palantir Technologies Inc | 3.26% |
| 18 | KRMN | Karman Holdings Inc | 2.72% |
| 19 | CRWD | Crowdstrike Holdings Inc | 2.35% |
| 20 | SNDK | Sandisk Corp | 2.21% |
| 21 | BE | Bloom Energy Corp | 1.27% |
| 22 | SMCI | Super Micro Computer Inc | 1.13% |
| 23 | LITE | Lumentum Holdings Inc | 1.12% |
| 24 | CIEN | Ciena Corp | 1.08% |
| 25 | TENB | Tenable Holdings Inc | 1.06% |
| 26 | NBIS | Nebius Group NV | 1.02% |
| 27 | MRAM | Everspin Technologies Inc | 0.97% |
| 28 | CRDO | Credo Technology Group Holding Ltd | 0.90% |
| 29 | CORZ | Core Scientific Inc | 0.89% |

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