HANetf
8RMY.DE
IE000I7E6HL0
Future of European Defence Screened UCITS ETF – Acc
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About this ETF

The HANetf Future of European Defence Screened UCITS ETF Acc seeks to track the VettaFi European Future of Defence Screened index. The Bloomberg Europe Defense Select index tracks the performance of European companies that are engaged in the military or defense industry. The stocks included are filtered according to ESG criteria (environmental, social and corporate governance).

TER
0.39%

Total Expense Ratio per year

Fund Size
€155M

Assets under management

Holdings
28

Underlying equities

Dividend Yield
0%

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
31.78
Weighted Fwd P/E
26.77
💰 Revenue Estimates
Current Year CY
+15.93% ⌀ 16 Analysts Coverage
Next Year NY
+18.16% ⌀ 16 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+31.11% ⌀ 14 Analysts Coverage
Next Year NY
+27.47% ⌀ 15 Analysts Coverage

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ETF Profile
Provider
HANetf
HANetf
Fund Type
ETF
Inception Date
04/07/2025 (1 yr)
Region
Europe
Country
-
Theme
Defense
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
Yes

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
0/100 Low (Concentration Risk)
Diversification Score
0/100 Low (Concentration Risk)
3Y Volatility
-
Max Drawdown (3Y)
-
Sharpe Ratio (3Y)
-
Beta Factor
0.00
Notes & Warnings
Fund Volume (AUM) Solid fund volume
⚠️ Elevated valuation: Avg P/E of 31.8
🟡 Moderate analyst coverage (14.3 analysts)
🔴 Extreme top 10 holdings concentration: 79% of fund in top 10 positions.
🔴 Severe sector concentration risk: 98% in "Industrials".
🔴 Extreme industry concentration: 92% in "Aerospace & Defense".
🔴 Dominant Cyclicality: 98% in cyclical industries – higher drawdown risk in recessions.
⚠️ Elevated Regulatory & Policy Risk: 92% in heavily regulated industries (defense, regulated utilities, healthcare policy).
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