# Global X Defence Tech UCITS ETF (ARMG)

**Source:** https://fundology.uk/fund/armg · ISIN IE000JCW3DZ3 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 01/10/2026, ARMG (Global X Defence Tech UCITS ETF, ISIN IE000JCW3DZ3) closed at £20.32 on the London Stock Exchange. Its ongoing charge is 0.60% a year (about £60 on £10,000). Over the year to 01/10/2026 its total return was −11.7%, or −14.5% after UK CPIH inflation.

## Summary

Global X Defence Tech UCITS ETF is an exchange-traded fund (ETF) from Global X, launched in 2024. It tracks the Mirae Asset Defence Tech Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.6% a year — about £60 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£20.32** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | ARMG |
| ISIN | IE000JCW3DZ3 |
| Category | Technology |
| Type | ETF |
| Provider | Global X |
| Tracks | Mirae Asset Defence Tech Index - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.60% a year (£60 per £10,000) |
| Fund size | £285m |
| Launched | 2024 |
| Domicile | Ireland |

## Past returns (periods to 01/10/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -11.72% | -14.49% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Global X Defence Tech UCITS ETF in pounds (price, with income reinvested in the fund): 2025 +66.8%; 2026 to 01/10/2026 −7.4%. Returns of Global X Defence Tech UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −9.0%; to 30/09/2025: +92.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +66.8% | +61.1% | Price |
| 2026 to 01/10/2026 | -7.4% | -10.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 30.36% | -22.65% |

## Largest fall

Volatility of Global X Defence Tech UCITS ETF in pounds, annualised from weekly returns to 01/10/2026: 30.4% over 1 year. Largest fall in the price of Global X Defence Tech UCITS ETF since September 2024, in pounds: −22.6% from 16/01/2026 to 26/06/2026. The lowest 12-month return of Global X Defence Tech UCITS ETF in pounds (price, with income reinvested in the fund) since September 2024 was −12.7% (12 months to 01/10/2026); the highest was +92.2% (12 months to 26/09/2025). On 01/10/2026 the price of Global X Defence Tech UCITS ETF was 21.4% below its highest weekly close since September 2024 (16/01/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Global X Defence Tech UCITS ETF 0.60% a year, as of 02/10/2026: 35 of the 118 other technology funds charge more, 6 the same and 77 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.60%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

**What is the ongoing charge of ARMG?**

The ongoing charge of ARMG is 0.60% a year — about £60 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Global X Defence Tech UCITS ETF 0.60% a year, as of 02/10/2026: 35 of the 118 other technology funds charge more, 6 the same and 77 less (share classes counted once).

**What does ARMG track?**

ARMG tracks the Mirae Asset Defence Tech Index - Benchmark TR Net.

**Is ARMG accumulating or distributing?**

ARMG is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of ARMG?**

The ISIN of ARMG is IE000JCW3DZ3. An ISIN identifies one exact share class of a fund; ARMG is its ticker on the London Stock Exchange.

**What were ARMG’s returns in each of the last five years?**

Calendar-year returns of ARMG in pounds (price, with income reinvested in the fund): 2025 +66.8%; 2026 to 01/10/2026 −7.4%. Past performance is not a guide to future returns.

**How has ARMG done after inflation?**

Over the year to 01/10/2026 ARMG’s total return was −11.7%, or −14.5% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.