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.
Related funds
Classification
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Industrial Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
KDEF trades at 49.57 USD today, its price has risen 0.92% in the past 24 hours. Track more dynamics on KDEF price chart.
KDEF net asset value is 48.42 today — it's risen 18.88% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
KDEF assets under management is 55.86 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
KDEF invests in stocks. See more details in our Analysis section.
KDEF expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, KDEF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, KDEF doesn't pay dividends to its holders.
KDEF trades at a premium (1.45%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
KDEF shares are issued by Cottonwood ETF Holdings LLC
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.
The fund started trading on Feb 5, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.