Key stats
About Tema International Defense Innovation ETF
Home page
Inception date
Sep 25, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tema ETFs LLC
Distributor
Foreside Fund Services LLC
ISIN
US87975E7849
GDFN focuses on companies within the aerospace and defense sector, investing in pure-play stocks from defense-related activities and prioritizing innovation. Investments center in three key sub-sectors: defense equipment (robotics, drones, military vehicles, space tech, sensor and networking systems, and advanced weaponry), defense technology (AI, IoT, AR/VR, big data analytics, geospatial intelligence, security scanning solutions), and cyber defense firms protecting critical infrastructure. The fund primarily holds between 15 to 100 companies outside the US and Canada, with up to 25% in emerging markets. Security selection combines top-down sector and bottom-up fundamental and valuation analysis to identify attractively valued companies with strong growth prospects. The fund does not hedge currency risk. The fund may engage in security lending. As an actively managed fund, the adviser continuously monitors and adjusts the portfolio based on market and company developments.
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
Electronic Technology
Stocks98.71%
Electronic Technology83.19%
Producer Manufacturing9.35%
Technology Services4.62%
Health Technology1.54%
Bonds, Cash & Other1.29%
Cash1.29%
Stock breakdown by region
Europe80.76%
North America14.56%
Middle East4.69%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GDFN invests in stocks. The fund's major sectors are Electronic Technology, with 83.19% stocks, and Producer Manufacturing, with 9.35% of the basket. The assets are mostly located in the Europe region.
GDFN top holdings are Saab AB Class B and HENSOLDT AG, occupying 6.66% and 6.63% of the portfolio correspondingly.
GDFN assets under management is 5.07 M USD. It's fallen 0.48% over the last month.
GDFN fund flows account for 5.10 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, GDFN doesn't pay dividends to its holders.
GDFN shares are issued by Dawn Global Topco Ltd. under the brand Tema. The ETF was launched on Sep 25, 2025, and its management style is Active.
GDFN expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
GDFN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GDFN invests in stocks.
GDFN trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.