Since 2020, global defence spending has grown at an annualised rate of 4.4%, up approximately 4x from pre-pandemic levels, hitting an all-time high of $2.44 trillion. The 6.8% rise from 2022 to 2023 was the sharpest since 2009, taking spending to the highest level ever recorded (Source: Stockholm International Peace Research Institute, April 2023).
Defence Innovation
Governments may increasingly rely on advanced military systems requiring specialised hardware, driving demand for sensors, AI chips, and networking solutions. This could fuel defence innovation, potentially including advanced robotics and AI-driven weapons. The U.S. has designated cyberspace as its fifth military domain, underscoring the crucial role of technological advancements in modern defence (Source: Association of the United States Army, November 2022).
Differentiated Exposure
Defence Tech can span a range of sectors and themes, including industrials, cybersecurity, AI, and augmented reality. However, unlike the civilian marketplace, defence revenues are substantially tied to military needs, which are typically uncorrelated to general economic cycles.
Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.
ETF Summary
The Global X Defence Tech UCITS ETF (ARMR LN) seeks to invest in companies
positioned to benefit from technology, services, systems, and hardware that
cater to the defence, and military sector (“Defence Tech”). This includes
companies that build and manage cybersecurity systems, develop artificial
intelligence and big data, and build advanced military systems and hardware such
as robotics, fuel systems, and aircrafts for defence applications.
ETF Objective
The Global X Defence Tech UCITS ETF (ARMR LN) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Mirae Asset Defence Tech Index.
Regulatory
SFDR Classification
Article 6
UCITS Compliant
Yes
ISA Eligibility
Yes
SIPP Eligibility
Yes
UK Reporting Status
Yes
Authorized Participants & Market Makers
Citigroup Global Markets,
DRW Europe BV,
Flow Traders BV,
GHCO LLP,
HSBC Bank PLC,
Jane Street Financial Ltd,
Mirae Asset Securities UK Ltd,
Societe Generale SA,
Susquehanna Intl Ltd, Virtu Financial Ireland Ltd, JP Morgan Securities PLC
Trading Details
As of 02 Apr 2026
Primary Ticker
ARMR
Primary ISIN
IE000JCW3DZ3
Bloomberg Index Ticker
MASHLDN
Number of Holdings
49
Index Provider
Mirae Asset
Management Style
Physical - Full Replication - Passively Managed Index Tracking
Key Information
As of 02 Apr 2026
Inception Date
10 Sep 2024
Total Expense Ratio
0.50%
Ongoing Charges
0.50%
Fund AUM
$683,646,987.26
Factsheet
Product Profile
Domicile
Ireland
Investment Manager
Global X Management Company LLC
Custodian
BBH
Asset Class
Equity
Performance History
USD Accumulating
As of recent Month End & Quarter End (31 Mar 2026)
