Defence Finance Monitor

Defence Finance Monitor

Defence ETFs: Volatility and Sector Rotation

Nov 27, 2025
∙ Paid
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Photo by Maxim Hopman on Unsplash

Over the past two weeks, the behaviour of European defence-focused ETFs has illustrated how quickly market sentiment can shift when geopolitical narratives change. After an extended rally driven by structural rearmament plans and rising defence budgets, the segment has experienced a sharp bout of profit-taking, followed …

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