Invesco Defence Innovation UCITS ETF (IVDF) – Fund Profile

The Invesco Defence Innovation UCITS ETF (ISIN IE000BRM9046, ticker IVDF) offers investors targeted exposure to the evolving landscape of global defence technology. Launched in October 2024 under the UCITS framework and domiciled in Ireland, the fund tracks the S&P Kensho Global Future Defense Index, which includes companies at the forefront of innovation in military and dual-use technologies. These range from aerospace systems, unmanned vehicles, and satellite communications to cybersecurity, robotics, and electronic warfare. The ETF employs full physical replication, has a total expense ratio of 0.35%, and reinvests dividends, positioning it as a long-term growth-oriented instrument.

Defence-themed ETFs such as IVDF are becoming increasingly relevant as national security moves to the center of geopolitical and industrial strategies. Unlike traditional defence indices, which focus mainly on large contractors, IVDF includes a broader mix of established firms and smaller, high-growth innovators. With around 65% of its holdings in U.S.-based companies and the remainder spread across Europe, Israel, South Korea, and other allied nations, the fund captures the international dimension of defence innovation. Its diversified composition and thematic focus make it a unique vehicle for investors seeking exposure to the strategic and technological transformations shaping the future of global security.