German industry groups urge Berlin to join defence bank initiative

German ‌business and industry associations on Thursday urged the government to join the Canada-led Defence, Security and Resilience Bank (DSRB), saying membership was needed to close financing gaps for companies in the defence sector and protect their access ​to future projects.

Reuters • 11 hours ago

Lower Fees, Higher Growth: Why Cost-Conscious Aerospace Investors May Favor XAR Over PPA

Invesco Aerospace & Defense ETF carries a higher expense ratio than State Street SPDR S&P Aerospace & Defense ETF but has historically shown lower price volatility. State Street SPDR S&P Aerospace & Defense ETF utilizes a modified equal-weighting strategy to provide balanced exposure across various market capitalizations.

The Motley Fool • Oct 23, 2026

How Index Construction Can Make or Break Defense Allocations

After an investor decides to gain targeted exposure to the defense industry, the usual next step is to decide which vehicle or strategy makes the most sense for fostering defense access. Many opt to use the ETF wrapper to accomplish this.

ETF Trends • Oct 22, 2026

VettaFi Discusses Thematic ETF Rotation & Steak on Bloomberg TV

This week, I had the honor of joining Bloomberg's ETF IQ show. In one segment, Eric Balchunas, Isabelle Lee, and I covered thematic equity and fixed income ETFs.

ETF Trends • Oct 21, 2026

Beyond the Tech Horizon: Real Diversification in Non-AI Thematic ETFs

Artificial intelligence (AI) remains a compelling long-term secular trend. However, growing market scrutiny surrounds AI.

ETF Trends • Oct 19, 2026

Norway's $2 trillion wealth fund was frozen out of major defense companies. That may be about to change

Proposed changes to Norway's sovereign wealth fund ethics rules could open the door to investments in more Western defense companies. The fund is currently barred from investing in companies including Lockheed Martin and Boeing because of their involvement in nuclear weapons production.

CNBC • Oct 16, 2026

The Defense ETF Duel: Old Guard Aerospace or Next-Gen Tech?

Invesco Aerospace & Defense ETF has a much larger assets under management (AUM) and a slightly lower expense ratio than First Trust Indxx Aerospace & Defense ETF. First Trust Indxx Aerospace & Defense ETF offers a more concentrated portfolio with 39 holdings, while Invesco Aerospace & Defense ETF provides broader exposure with 68 holdings.

The Motley Fool • Oct 16, 2026

4Q'26 Defense Sector Guide: Opportunities Amid Instability

Each quarter, SPADE Indexes releases The SPADE Investor, covering trends, statistics, and analysis across the defense, aerospace, national security, and government sectors. The newest edition for 4Q26 was released in October.

ETF Trends • Oct 12, 2026

Why Invest in Defense? The Case for Targeted Exposure

Broadly speaking, when advisors and investors consider adding focused industry exposure to a portfolio, there needs to be a strong justification for doing so. Take the AI industry, for example, where sustained buildout has driven many to target key tech players for exposure.

ETF Trends • Oct 7, 2026

More Signs This Defense ETF Can Take Off

Defense contractors such as Lockheed Martin (LMT) and RTX Corporation (RTX), among many more, are at the epicenter of a massive replenishment cycle ushered in by the war in Iran lasting far longer than anticipated. U.S. rearmament is a valid reason to consider aerospace and defense ETFs such as the Invesco Aerospace & Defense ETF (PPA).

ETF Trends • Oct 6, 2026