PLUS Korea Defense Industry Index ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 24 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About KDEF
The Fund normally invests in securities comprisingthe Index. The Index is designed to track the performance of South Korean companies that have demonstrated high relevance to defense (“KoreaDefense Companies”). Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowingsfor investment purposes) in securities comprising the Index. The universe of eligible Index componentsconsists of all the common stocks included in the Korea Composite Stock Price Index (KOSPI) and the Korea Securities Dealers AssociationKOSDAQ Index, each of which tracks common stocks listed on the Korea Stock Exchange that are categorized as comprising one of the followingindustries under the Akros Industry Classification System (“AICS”): Utility System Construction; Other Heavy and Civil EngineeringConstruction; Other Chemical Product and Preparation Manufacturing; Iron and Steel Mills and Ferroalloy Manufacturing; Nonferrous Metal(except Aluminum) Production and Processing; Industrial Machinery Manufacturing; Navigational, Measuring, Electromedical, and ControlInstruments Manufacturing; Motor Vehicle Manufacturing; Motor Vehicle Parts Manufacturing; Aerospace Product and Parts Manufacturing;Railroad Rolling Stock Manufacturing; Ship and Boat Building; Other Transportation Equipment Manufacturing; and Satellite Telecommunications.In addition, to be eligible for inclusion in the Index, a company must have a minimum market capitalization of at least $300 billionKorean Won (approximately $220 million U.S. Dollars as of March 3, 2026); a six-month average daily traded value of at least $250,000;and a six-month average daily traded volume of at least 250,000 shares. From the remaining eligible securities, the Indexapplies a scoring methodology to identify Korea Defense Companies by utilizing a large language model (“LLM”), a type of artificialintelligence (AI) program that uses deep learning algorithms to process large amounts of data, to search for keywords that have been publiclydisclosed through regulatory filings, quarterly earnings reports, company presentations or other reputable public news sources to identifyKorea Defense Companies, and, once identified, applying a relevance-based scoring methodology to the results. After all potential Index constituents have beenidentified and scored, the Index applies a weighting methodology whereby 70% of the Index is weighted by market capitalization and 30%of the Index is determined by the score-based thematic relevance. These final Index constituents are then reviewed to determine whetherthey derive more than 50% of their revenue from defense related activities identified in the scoring process. Index constituents thatdo not meet the revenue threshold are excluded from the final Index and the next highest scoring Index constituent is screened for inclusion.The target size of the Index is 20 constituents, and no individual index constituent can exceed 20% of the Index. The Index is rebalancedand reconstituted on a quarterly basis. The Fund will concentrate its investments(i.e., invest more than 25% of its total assets) in a particular industry or group of industries to approximately the same extent theIndex concentrates in an industry or group of industries. As of March 3, 2026, the Index was concentrated in the Aerospace and DefenseIndustry, as defined by AICS. The Fund is a “non-diversified”investment company under the Investment Company Act of 1940 (the “1940 Act”) and, therefore, may invest a greater percentageof its assets in a particular issuer than a diversified fund. The Index is owned by Hanwha Asset ManagementCo., Ltd (the “Index Provider”). The Index was created by Akros Technologies, Inc. (the “Index Administrator”),which is not affiliated with the Fund or the Adviser. The Index Administrator developed the methodology for determining the securitiesto be included in the Index and is responsible for the ongoing maintenance of the Index, oversight of the implementation of the indexmethodology, and changes in classification of the securities in the Index. The Index is calculated by Solactive AG, which is not affiliatedwith the Fund, the Adviser, or the Index Provider. The Index may identify publicly-traded Koreancompanies that are affiliates of the Index Provider. The Index Provider is not affiliated with the Fund, Adviser, Index Administrator,or the Fund’s administrator, custodian, transfer agent, or the Distributor (defined below), or any of their respective affiliates.The Index Provider has no ability to influence or change the operation of the Index.
KDEF News
- Price-Driven Insight from (KDEF) for Rule-Based Strategy
- (KDEF) Price Dynamics and Execution-Aware Positioning
- PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) Sees Large Increase in Short Interest
- (KDEF) as a Liquidity Pulse for Institutional Tactics
- South Korean Defense Stocks Spike As Iran-US Tensions Settle Down: ETFs You Should Watch
Data for KDEF is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.