ETF · BNP Paribas
GUGB Bloomberg Europe Defense -UCITS ETF- Capitalisation
ISIN LU3047998896London Stock Exchange: GUGBBNP Paribas SA
- Single sectors
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£8.97
on
- Ongoing charge
- 0.18% a year
- Fund size
- £411m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, GUGB (Bloomberg Europe Defense -UCITS ETF- Capitalisation, ISIN LU3047998896) closed at £8.97 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the year to 13/11/2026 its total return was −1.4%, or −4.9% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −1.4%
- −4.9% after inflation (UK CPIH)
Volatility and the largest fall need a longer record of this fund’s prices than we hold so far. They appear on this page once we do.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Charges compared with similar funds
- Ongoing charge
- 0.18%
- a year
- On £10,000
- £18
- a year, roughly
- Over five years
- £90
- of £10,000, before growth
- 32 charge less
- 17 the same
- 115 charge more
Ongoing charge of Bloomberg Europe Defense -UCITS ETF- Capitalisation 0.18% a year. Compared on 14/11/2026, 115 of the 164 other single-sector funds charge more, 17 the same and 32 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Bloomberg Europe Defense -UCITS ETF- Capitalisation is an exchange-traded fund (ETF) from BNP Paribas, launched in 2025.
It tracks the Bloomberg Europe Defense Select 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 0.18% a year — about £18 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
- GUGB
- ISIN
- LU3047998896
- Also listed as
- GUAR (London Stock Exchange, euros), GUAU (London Stock Exchange, US dollars), BJL8 (Xetra, euros)
- Provider
- BNP Paribas
- Tracks
- Bloomberg Europe Defense Select 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
- 0.18% a year · about £18 on £10,000
- Fund size
- £411m
- Launched
- Domicile
- Luxembourg
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Single sectors
Price chart
Since 06/02/2026, the closing price went from £10.02 on 06/02/2026 to £8.97 on 13/11/2026 (−10.5%). The lowest close shown was £8.65 on 15/05/2026 and the highest £10.84 on 20/02/2026.
One close a week. Before 22/09/2026 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
41 weekly closes, from 06/02/2026 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
- 37
- on record
- Ten largest
- 84.2%
- of the whole fund
- Effective number of holdings
- 13
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 13.5%
- Airbus
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | AirbusAIR | 13.46% |
| 2 | SafranSAF | 11.90% |
| 3 | Rolls-RoyceRR. | 10.48% |
| 4 | RheinmetallRHM | 8.95% |
| 5 | MTU Aero EnginesMTX | 7.59% |
| 6 | Saab · Class BSAAB_B | 7.33% |
| 7 | ThalesHO | 6.88% |
| 8 | LeonardoLDO | 6.71% |
| 9 | Kongsberg GruppenKOG | 5.52% |
| 10 | BAE SystemsBA. | 5.39% |
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 country
- France23.8%
- Germany20.9%
- United Kingdom17.6%
- Netherlands14.1%
- Sweden7.9%
- Italy7.8%
- Norway5.6%
- Spain2.1%
- Other countries0.2%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 37 largest and what changed since .
All holdings
The fund publishes 37 holdings; the ten largest make up 84.2% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 99.3% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Electronic Technology93.9%
- Technology Services3.2%
- Producer Manufacturing1.9%
- Commercial Services0.3%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Questions people ask
What is the ongoing charge of GUGB?
The ongoing charge of GUGB is 0.18% a year — about £18 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 Bloomberg Europe Defense -UCITS ETF- Capitalisation 0.18% a year. Compared on 14/11/2026, 115 of the 164 other single-sector funds charge more, 17 the same and 32 less (share classes counted once).
What does GUGB track?
GUGB tracks the Bloomberg Europe Defense Select Index - EUR - Benchmark TR Net.
Is GUGB accumulating or distributing?
GUGB 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 GUGB?
The ISIN of GUGB is LU3047998896. An ISIN identifies one exact share class of a fund; GUGB is its ticker on the London Stock Exchange. The same share class is also listed as GUAR (London Stock Exchange, euros), GUAU (London Stock Exchange, US dollars) and BJL8 (Xetra, euros).
What does GUGB hold?
As of 11/11/2026, GUGB holds 37 positions, according to its published holdings. The largest is Airbus at 13.46% of the fund; the ten largest make up 84.2%. Its ten largest holdings are Airbus (13.46%), Safran (11.90%), Rolls-Royce (10.48%), Rheinmetall (8.95%), MTU Aero Engines (7.59%), Saab · Class B (7.33%), Thales (6.88%), Leonardo (6.71%), Kongsberg Gruppen (5.52%) and BAE Systems (5.39%).
How has GUGB done after inflation?
Over the year to 13/11/2026 GUGB’s total return was −1.4%, or −4.9% 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 BNP Paribas Asset Management (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.