PLUS Korea Defense Industry Index ETF

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PLUS Korea Defense Industry Index ETF (KDEF)
Type
Exchange-traded fund
Manager
Military weapon grade: Fund is invested in military contractors above the threshold of 4%. Assigned a grade of F.
How we track weapon investments
F
$12.39 MILLION
Military weapons
10
military weapon stocks found
67%
of assets flagged
Data as of 31 Mar 2025
Military contractors
Military contractors
Largest international arms manufacturers and military contractors
10
holdings
$12.39M
invested
67%
of portfolio
Nuclear weapons
Nuclear weapons
Manufacturers/servicers of nuclear armaments and delivery systems
1
holdings
$733,791
invested
3.98%
of portfolio
Controversial weapons
Controversial weapons
Manufacturers involved with cluster munitions, landmines, white phosphorus, depleted uranium
5
holdings
$7.16M
invested
39%
of portfolio
Military weapon companies
10 holdings
10 holdings
  • 1.  Hanwha Aerospace Co Ltd
    Controversial weapons
    $3.92M
    21%
  • 2.  Hyundai Rotem Co
    $2.06M
    11%
  • 3.  Korea Aerospace Industries Ltd
    $1.56M
    8.44%
  • 4.  SNT Dynamics Co Ltd
    Controversial weapons
    $941,533
    5.11%
  • 5.  LIG Nex1 Co Ltd
    Controversial weapons
    $847,326
    4.6%
See all
  For each weapons category, we show the fund's exposure. When calculating a portfolio's percent exposure to a list of companies, we only consider long investments, ignoring any shorts or liabilities.
Civilian firearm manufacturers and retailers

We also track investments in civilian firearm manufacturers and retailers raking in billions in handgun, assault rifle, and ammunition sales. Gun Free Funds is made for people looking to align their investments with their values by moving money out of companies that make and sell guns.

PLUS Korea Defense Industry Index ETF earns an F grade for investments in military weapons
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Financial performance
Performance data provided byMorningstarFind more financial data on KDEF at Morningstar.com
Current fund
KDEF
PLUS Korea Defense Industry Index ETF
Family
PLUS ETF
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
  Less than one year of returns available
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
  Less than one year of returns available
More invested in military weapons 
64% more invested
More invested in major military contractors 
64% more invested
More invested in manufacturers/servicers of nuclear weapons 
1.65% more invested
More invested in manufacturers of controversial weapons 
37% more invested
Current fund
KDEF
PLUS Korea Defense Industry Index ETF
Family
PLUS ETF
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
  Less than one year of returns available
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
  Less than one year of returns available
More invested in military weapons 
64% more invested
More invested in major military contractors 
64% more invested
More invested in manufacturers/servicers of nuclear weapons 
1.65% more invested
More invested in manufacturers of controversial weapons 
37% more invested
Current fund
KDEF
PLUS Korea Defense Industry Index ETF
Family
PLUS ETF
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
  Less than one year of returns available
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
  Less than one year of returns available
More invested in military weapons 
64% more invested
More invested in major military contractors 
64% more invested
More invested in manufacturers/servicers of nuclear weapons 
1.65% more invested
More invested in manufacturers of controversial weapons 
37% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Military weapon weight
This fund
KDEF - PLUS Korea Defense Industry Index ETF
/
/
/
/
67% 
Benchmark
ACWI - iShares MSCI ACWI ETF
7.43%
7.17%
15%
8.99%
3.66% 
Fund compared to benchmark
 
  Less than one year of returns available
64%  higher
Find more financial data on KDEF at Morningstar.com
What's next?
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