ETF · HANetf
NATP Future of Defence UCITS ETF Accum USD
ISIN IE000OJ5TQP4London Stock Exchange: NATPHANetf Holdings Ltd.
- Single sectors
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£14.75
on
- Ongoing charge
- 0.49% a year
- Fund size
- £2.3bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, NATP (Future of Defence UCITS ETF Accum USD, ISIN IE000OJ5TQP4) closed at £14.75 on the London Stock Exchange. Its ongoing charge is 0.49% a year (about £49 on £10,000). Over the three years to 13/11/2026 its price changed by +118.4%, or +97.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +3.8%
- +0.1% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +118.4%
- +97.4% after inflation (UK CPIH)
Returns: as reported (delayed data) and worked out from recorded daily closes. 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 Future of Defence UCITS ETF Accum USD in pounds (price, with income reinvested in the fund): 2024 +35.6%, 2025 +42.9%; 2026 to 13/11/2026 +6.7%. Returns of Future of Defence UCITS ETF Accum USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +6.2%; to 30/09/2025: +74.1%; to 30/09/2024: +33.5%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +6.7% | +3.3% | |
| to | +42.9% | +38.0% | |
| to | +35.6% | +30.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +6.2% | +2.4% |
| from | +74.1% | +67.4% |
| from | +33.5% | +30.1% |
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)
20.7%over 3 years
| 1 year | 27.4% |
|---|---|
| 3 years | 20.7% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since July 2023
- −15.6%
- From to
- Lowest 12-month return
- +1.1%
- 12 months to
- Highest 12-month return
- +68.6%
- 12 months to
- Below its highest weekly close since July 2023
- 13.2%
- High of , latest
In words: Volatility of Future of Defence UCITS ETF Accum USD in pounds, annualised from weekly returns to 13/11/2026: 27.4% over 1 year, 20.7% over 3 years. Largest fall in the price of Future of Defence UCITS ETF Accum USD since July 2023, in pounds: −15.6% from 12/08/2026 to 06/11/2026. The lowest 12-month return of Future of Defence UCITS ETF Accum USD in pounds (price, with income reinvested in the fund) since July 2023 was +1.1% (12 months to 06/11/2026); the highest was +68.6% (12 months to 26/09/2025). On 13/11/2026 the price of Future of Defence UCITS ETF Accum USD was 13.2% below its highest weekly close since July 2023 (12/08/2026), 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
- 0.49%
- a year
- On £10,000
- £49
- a year, roughly
- Over five years
- £243
- of £10,000, before growth
- 112 charge less
- 1 the same
- 51 charge more
Ongoing charge of Future of Defence UCITS ETF Accum USD 0.49% a year. Compared on 14/11/2026, 51 of the 164 other single-sector funds charge more, 1 the same and 112 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
Future of Defence UCITS ETF Accum USD is an exchange-traded fund (ETF) from HANetf, launched in 2023.
It tracks the EQM Future of Defence 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 0.49% a year — about £49 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
- NATP
- ISIN
- IE000OJ5TQP4
- Also listed as
- NATO (London Stock Exchange, US dollars), ASWC (Xetra, euros)
- Provider
- HANetf
- Tracks
- EQM Future of Defence 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
- 0.49% a year · about £49 on £10,000
- Fund size
- £2.3bn
- 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
- Pounds (GBP)
- Category
- Single sectors
Price chart
Over the last year, the closing price went from £14.29 on 14/11/2025 to £14.75 on 13/11/2026 (+3.2%). The lowest close shown was £13.43 on 21/11/2025 and the highest £16.99 on 12/08/2026.
One close a week. Before 06/08/2026 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
175 weekly closes, from 07/07/2023 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
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 123 rolling 12-month returns since July 2023, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since July 2023, 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, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI World UCITS ETF, over the three years to 13/11/2026 (152 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of NATP?
The ongoing charge of NATP is 0.49% a year — about £49 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 Future of Defence UCITS ETF Accum USD 0.49% a year. Compared on 14/11/2026, 51 of the 164 other single-sector funds charge more, 1 the same and 112 less (share classes counted once).
What does NATP track?
NATP tracks the EQM Future of Defence Index - Benchmark TR Net.
Is NATP accumulating or distributing?
NATP 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 NATP?
The ISIN of NATP is IE000OJ5TQP4. An ISIN identifies one exact share class of a fund; NATP is its ticker on the London Stock Exchange. The same share class is also listed as NATO (London Stock Exchange, US dollars) and ASWC (Xetra, euros).
What were NATP’s returns in each of the last five years?
Calendar-year returns of NATP in pounds (price, with income reinvested in the fund): 2024 +35.6%, 2025 +42.9%; 2026 to 13/11/2026 +6.7%. Past performance is not a guide to future returns.
How has NATP done after inflation?
Over the three years to 13/11/2026 NATP’s price changed by +118.4%, or +97.4% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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