# VanEck Defense UCITS ETF (DFNG) **Source:** https://fundology.uk/fund/dfng · ISIN IE000YYE6WK5 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (VanEck), 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, DFNG (VanEck Defense UCITS ETF, ISIN IE000YYE6WK5) closed at £44.04 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the three years to 01/10/2026 its total return was +52.2%, or +37.4% after UK CPIH inflation. ## Summary VanEck Defense UCITS ETF is an exchange-traded fund (ETF) from VanEck, launched in 2023. It tracks the MarketVector Global Defense Industry Index - USD - US Dollar - 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 0.55% a year — about £55 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: **£44.04** (01/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | DFNG | | ISIN | IE000YYE6WK5 | | Category | Single sectors | | Type | ETF | | Provider | VanEck | | Tracks | MarketVector Global Defense Industry Index - USD - US Dollar - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.55% a year (£55 per £10,000) | | Fund size | £3.9bn | | Launched | 2023 | | 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 | -9.47% | -12.31% | income reinvested | | 3 years | +52.25% | +37.39% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Charges compared with similar funds Ongoing charge of VanEck Defense UCITS ETF 0.55% a year, as of 02/10/2026: 25 of the 141 other single-sector funds charge more, 7 the same and 109 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.55%** per year - ISA eligible: yes - SIPP eligible: yes ## What it holds As of 30/09/2026, DFNG holds 45 positions, according to the holdings VanEck publishes. The largest is Palantir Technologies at 8.97% of the fund; the ten largest make up 60.4%. ### Top holdings Largest positions (as of 30/09/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Palantir Technologies | [PLTR](https://fundology.uk/stock/PLTR) | 8.97% | | 2 | Rtx | [RTX](https://fundology.uk/stock/RTX) | 7.64% | | 3 | Hanwha Aerospace | [012450](https://fundology.uk/stock/012450) | 7.26% | | 4 | Thales | [HO](https://fundology.uk/stock/HO) | 7.07% | | 5 | Saab | [SAAB_B](https://fundology.uk/stock/SAAB_B) | 5.78% | | 6 | Leonardo | [LDO](https://fundology.uk/stock/LDO) | 5.72% | | 7 | Elbit Systems | [ESLT](https://fundology.uk/stock/ESLT) | 5.40% | | 8 | Curtiss-Wright | [CW](https://fundology.uk/stock/CW) | 4.49% | | 9 | Kongsberg Gruppen | — | 4.21% | | 10 | Singapore Technologies Engineering | [S63](https://fundology.uk/stock/S63) | 3.82% | Source: VanEck, holdings as published, as of 30/09/2026. ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector Added up from the holdings VanEck publishes, as of 30/09/2026. | Sector | Weight | |---|---| | Industrials | 87.4% | | Information Technology | 12.6% | ### By country Added up from the holdings VanEck publishes, as of 30/09/2026. | Country | Weight | |---|---| | United States | 46.7% | | South Korea | 11.7% | | France | 9.3% | | Israel | 6.7% | | Sweden | 5.8% | | Italy | 5.7% | | Norway | 4.2% | | Singapore | 3.8% | | Other countries | 6.1% | All 45 holdings: https://fundology.uk/fund/dfng/holdings ## Questions people ask **What is the ongoing charge of DFNG?** The ongoing charge of DFNG is 0.55% a year — about £55 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 VanEck Defense UCITS ETF 0.55% a year, as of 02/10/2026: 25 of the 141 other single-sector funds charge more, 7 the same and 109 less (share classes counted once). **What does DFNG track?** DFNG tracks the MarketVector Global Defense Industry Index - USD - US Dollar - Benchmark TR Net. **Is DFNG accumulating or distributing?** DFNG 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 DFNG?** The ISIN of DFNG is IE000YYE6WK5. An ISIN identifies one exact share class of a fund; DFNG is its ticker on the London Stock Exchange. **What does DFNG hold?** As of 30/09/2026, DFNG holds 45 positions, according to the holdings VanEck publishes. The largest is Palantir Technologies at 8.97% of the fund; the ten largest make up 60.4%. Its ten largest holdings are Palantir Technologies (8.97%), Rtx (7.64%), Hanwha Aerospace (7.26%), Thales (7.07%), Saab (5.78%), Leonardo (5.72%), Elbit Systems (5.40%), Curtiss-Wright (4.49%), Kongsberg Gruppen (4.21%) and Singapore Technologies Engineering (3.82%). **How has DFNG done after inflation?** Over the three years to 01/10/2026 DFNG’s total return was +52.2%, or +37.4% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.