# Xtrackers Europe Defence Technologies UCITS ETF Capitalisation -1C- (XDEF) **Page:** https://fundology.uk/fund/xdef · ISIN LU3061478973 ## 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 13/11/2026, XDEF (Xtrackers Europe Defence Technologies UCITS ETF Capitalisation -1C-, ISIN LU3061478973) closed at £24.57 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the year to 13/11/2026 its total return was −3.0%, or −6.5% after UK CPIH inflation. ## Summary Xtrackers Europe Defence Technologies UCITS ETF Capitalisation -1C- is an exchange-traded fund (ETF) from Xtrackers, launched in 2025. It tracks the STOXX Europe Total Market Defence Space and Cybersecurity Innovation (EUR)(NR). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 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: **£24.57** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XDEF | | ISIN | LU3061478973 | | Category | Technology | | Type | ETF | | Provider | Xtrackers | | Tracks | STOXX Europe Total Market Defence Space and Cybersecurity Innovation (EUR)(NR) | | Income | Accumulating | | Ongoing charge | 0.15% a year (£15 per £10,000) | | Fund size | £31.8m | | Launched | 2025 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 12/08/2025 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -3.04% | -6.48% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers Europe Defence Technologies UCITS ETF Capitalisation -1C- in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 −5.3%. Returns of Xtrackers Europe Defence Technologies UCITS ETF Capitalisation -1C- in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −7.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | -5.3% | -8.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 32.60% | -18.19% | ## Largest fall Volatility of Xtrackers Europe Defence Technologies UCITS ETF Capitalisation -1C- in pounds, annualised from weekly returns to 13/11/2026: 32.6% over 1 year. ## Charges compared with similar funds Ongoing charge of Xtrackers Europe Defence Technologies UCITS ETF Capitalisation -1C- 0.15% a year. Compared on 14/11/2026, 114 of the 119 other technology funds charge more, 2 the same and 3 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.15%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 15/11/2026, XDEF holds 40 positions, according to its published holdings. The largest is Airbus at 11.75% of the fund; the ten largest make up 81.7%. ### Top holdings Largest positions (as of 15/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Airbus | [AIR](https://fundology.uk/stock/AIR) | 11.75% | | 2 | Rolls-Royce | [RR.](https://fundology.uk/stock/RR.) | 11.12% | | 3 | Safran | [SAF](https://fundology.uk/stock/SAF) | 10.46% | | 4 | BAE Systems | [BA.](https://fundology.uk/stock/BA.) | 9.96% | | 5 | Thales | [HO](https://fundology.uk/stock/HO) | 7.46% | | 6 | Leonardo | [LDO](https://fundology.uk/stock/LDO) | 6.85% | | 7 | MTU Aero Engines | [MTX](https://fundology.uk/stock/MTX) | 6.56% | | 8 | Saab · Class B | [SAAB_B](https://fundology.uk/stock/SAAB_B) | 6.33% | | 9 | Rheinmetall | [RHM](https://fundology.uk/stock/RHM) | 6.28% | | 10 | Kongsberg Gruppen | [KOG](https://fundology.uk/stock/KOG) | 4.88% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector Added up from the fund’s published holdings, as of 08/11/2026. | Sector | Weight | |---|---| | Industrials | 96.3% | | Information Technology | 2.8% | | Communication Services | 0.9% | | Not classified | 0.1% | ### By country Added up from the fund’s published holdings, as of 08/11/2026. | Country | Weight | |---|---| | France | 32.2% | | United Kingdom | 27.8% | | Germany | 17.1% | | Italy | 7.3% | | Sweden | 6.8% | | Norway | 5.2% | | Spain | 2.0% | | Netherlands | 0.7% | | Other countries | 0.9% | ### By type of asset Added up from the fund’s published holdings, as of 08/11/2026. | Type of asset | Weight | |---|---| | Equity | 99.9% | | Cash and money market | 0.1% | The 39 holdings on record (of 40 reported): https://fundology.uk/fund/xdef/holdings ## Questions people ask **What is the ongoing charge of XDEF?** The ongoing charge of XDEF is 0.15% a year — about £15 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 Xtrackers Europe Defence Technologies UCITS ETF Capitalisation -1C- 0.15% a year. Compared on 14/11/2026, 114 of the 119 other technology funds charge more, 2 the same and 3 less (share classes counted once). **What does XDEF track?** XDEF tracks the STOXX Europe Total Market Defence Space and Cybersecurity Innovation (EUR)(NR). **Is XDEF accumulating or distributing?** XDEF 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 XDEF?** The ISIN of XDEF is LU3061478973. An ISIN identifies one exact share class of a fund; XDEF is its ticker on the London Stock Exchange. **What does XDEF hold?** As of 15/11/2026, XDEF holds 40 positions, according to its published holdings. The largest is Airbus at 11.75% of the fund; the ten largest make up 81.7%. Its ten largest holdings are Airbus (11.75%), Rolls-Royce (11.12%), Safran (10.46%), BAE Systems (9.96%), Thales (7.46%), Leonardo (6.85%), MTU Aero Engines (6.56%), Saab · Class B (6.33%), Rheinmetall (6.28%) and Kongsberg Gruppen (4.88%). **What were XDEF’s returns in each of the last five years?** Calendar-year returns of XDEF in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 −5.3%. Past performance is not a guide to future returns. **How has XDEF done after inflation?** Over the year to 13/11/2026 XDEF’s total return was −3.0%, or −6.5% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/LU3061478973-europe-defence-technologies-ucits-etf-1c/) - Links checked 12/10/2026. --- 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.