Key stats
About PLUS Korea Defense Industry Index ETF
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Inception date
Feb 5, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Exchange Traded Concepts LLC
Distributor
Foreside Fund Services LLC
ISIN
US30151E4917
KDEF aims to benefit from a general increase in defense spending globally and heighted demand for South Korean produced weapons. The fund seeks to track an index of 20 leading companies driving Koreas defense innovations. Such companies are firms engaged in defense manufacturing, technology, and services critical to national security and global competitiveness. The index uses an AI model to review public filings, quarterly reports, and news sources to identify and score companies based on relevance to the defense industry. Stocks must meet minimum market-cap, revenue tied to theme, trading, and liquidity requirements to be selected. The index applies a weighting methodology in which 70% of the index is weighted by market-cap and 30% is determined by the relevance score. The index is rebalanced and reconstituted on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Industrial Services
Stocks99.81%
Producer Manufacturing39.97%
Electronic Technology36.95%
Industrial Services10.84%
Non-Energy Minerals5.92%
Consumer Durables2.63%
Process Industries1.80%
Technology Services1.70%
Bonds, Cash & Other0.19%
Cash0.19%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KDEF invests in stocks. The fund's major sectors are Producer Manufacturing, with 39.97% stocks, and Electronic Technology, with 36.95% of the basket. The assets are mostly located in the Asia region.
KDEF top holdings are Hanwha Aerospace Co., Ltd. and Hyundai Rotem Co., occupying 16.03% and 13.42% of the portfolio correspondingly.
KDEF assets under management is 56.03 M USD. It's risen 27.12% over the last month.
KDEF fund flows account for 34.51 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, KDEF doesn't pay dividends to its holders.
KDEF shares are issued by Cottonwood ETF Holdings LLC under the brand PLUS. The ETF was launched on Feb 5, 2025, and its management style is Passive.
KDEF expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
KDEF follows the Korea Defense Industry Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KDEF invests in stocks.
KDEF trades at a premium (0.83%) meaning the ETF is trading at a higher price than the calculated NAV.