ETF · SPDR
DEFV State Street SPDR S&P Europe Defense Vision UCITS ETF Accum EUR
ISIN IE0008GRJRO8London Stock Exchange: DEFVState Street Corp.
- Single sectors
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE$10.53
on
- Ongoing charge
- 0.22% a year
- Fund size
- £23.4m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, DEFV (State Street SPDR S&P Europe Defense Vision UCITS ETF Accum EUR, ISIN IE0008GRJRO8) closed at $10.53 on the London Stock Exchange. Its ongoing charge is 0.22% a year (about £22 on £10,000). Over the year to 13/11/2026 its total return was −8.1%, or −11.3% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −8.1%
- −11.3% after inflation (UK CPIH)
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of State Street SPDR S&P Europe Defense Vision UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 −9.8%. Returns of State Street SPDR S&P Europe Defense Vision UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −12.0%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −9.8% | −12.6% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −12.0% | −15.1% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
37.1%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since June 2025
- −21.8%
- From to
- Below its highest weekly close since June 2025
- 21.0%
- High of , latest
In words: Volatility of State Street SPDR S&P Europe Defense Vision UCITS ETF Accum EUR in pounds, annualised from weekly returns to 13/11/2026: 37.1% over 1 year. Largest fall in the price of State Street SPDR S&P Europe Defense Vision UCITS ETF Accum EUR since June 2025, in pounds: −21.8% from 20/02/2026 to 06/11/2026. On 13/11/2026 the price of State Street SPDR S&P Europe Defense Vision UCITS ETF Accum EUR was 21.0% below its highest weekly close since June 2025 (20/02/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.22%
- a year
- On £10,000
- £22
- a year, roughly
- Over five years
- £110
- of £10,000, before growth
- 64 charge less
- 0 the same
- 100 charge more
Ongoing charge of State Street SPDR S&P Europe Defense Vision UCITS ETF Accum EUR 0.22% a year. Compared on 14/11/2026, 100 of the 164 other single-sector funds charge more, 0 the same and 64 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
State Street SPDR S&P Europe Defense Vision UCITS ETF Accum EUR is an exchange-traded fund (ETF) from SPDR, launched in 2025.
It tracks the S&P Europe Defense Vision Index - EUR - 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 0.22% a year — about £22 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.
Single sectors: Funds focused on one industry — banks, energy, defence, mining and so on.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- DEFV
- ISIN
- IE0008GRJRO8
- Also listed as
- DFSV (Xetra, euros)
- Provider
- SPDR
- Tracks
- S&P Europe Defense Vision Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.22% a year · about £22 on £10,000
- Fund size
- £23.4m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- USD
- Category
- Single sectors
Price chart
Over the last year, the closing price went from $11.65 on 14/11/2025 to $10.53 on 13/11/2026 (−9.6%). The lowest close shown was $10.53 on 13/11/2026 and the highest $13.59 on 20/02/2026.
One close a week. Before 30/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
71 weekly closes, from 06/06/2025 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 30
- on record
- Ten largest
- 84.3%
- of the whole fund
- Effective number of holdings
- 11
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 15.4%
- BAE Systems
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | BAE SystemsBA.IndustrialsUnited Kingdom | 15.41% |
| 2 | RheinmetallRHMIndustrialsGermany | 13.36% |
| 3 | Saab · Class BSAAB_BIndustrialsSweden | 11.02% |
| 4 | LeonardoLDOIndustrialsItaly | 9.24% |
| 5 | ThalesHOIndustrialsFrance | 9.20% |
| 6 | SafranSAFIndustrialsFrance | 7.31% |
| 7 | Rolls-RoyceRR.IndustrialsUnited Kingdom | 7.04% |
| 8 | Kongsberg GruppenKOGIndustrialsNorway | 6.61% |
| 9 | Babcock International GroupBABIndustrialsUnited Kingdom | 2.78% |
| 10 | HensoldtHAGIndustrialsGermany | 2.29% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Industrials98.5%
- Information Technology1.4%
- Communication Services0.1%
By country
- United Kingdom31.1%
- France19.6%
- Germany18.4%
- Sweden12.0%
- Italy9.5%
- Norway7.0%
- Netherlands1.3%
- Spain0.9%
- Other countries0.4%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 30 largest and what changed since .
More of the portfolio
The fund publishes 30 holdings; the ten largest make up 84.3% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountLargest falls and recoveries
The 3 largest falls since June 2025, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of DEFV?
The ongoing charge of DEFV is 0.22% a year — about £22 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 State Street SPDR S&P Europe Defense Vision UCITS ETF Accum EUR 0.22% a year. Compared on 14/11/2026, 100 of the 164 other single-sector funds charge more, 0 the same and 64 less (share classes counted once).
What does DEFV track?
DEFV tracks the S&P Europe Defense Vision Index - EUR - Benchmark TR Net.
Is DEFV accumulating or distributing?
DEFV 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 DEFV?
The ISIN of DEFV is IE0008GRJRO8. An ISIN identifies one exact share class of a fund; DEFV is its ticker on the London Stock Exchange. The same share class is also listed as DFSV (Xetra, euros).
What does DEFV hold?
As of 05/11/2026, DEFV holds 30 positions, according to its published holdings. The largest is BAE Systems at 15.41% of the fund; the ten largest make up 84.3%. Its ten largest holdings are BAE Systems (15.41%), Rheinmetall (13.36%), Saab · Class B (11.02%), Leonardo (9.24%), Thales (9.20%), Safran (7.31%), Rolls-Royce (7.04%), Kongsberg Gruppen (6.61%), Babcock International Group (2.78%) and Hensoldt (2.29%).
What were DEFV’s returns in each of the last five years?
Calendar-year returns of DEFV in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 −9.8%. Past performance is not a guide to future returns.
How has DEFV done after inflation?
Over the year to 13/11/2026 DEFV’s total return was −8.1%, or −11.3% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at State Street Global Advisors · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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