PLUS Korea Defense Industry Index ETF (KDEF)
ARCA ARCA Primary Summary
KDEF Chart
KDEF: Exciting Story, But Keep It On The Watchlist For Now
PLUS Korea Defense Industry Index ETF (KDEF) has outperformed peers, tripling in price since inception and delivering 1.5-1.9x higher returns than unleveraged Korean ETFs. KDEF targets South Korean defense stocks poised to benefit from rising global military spending, leveraging advanced manufacturing and rapid order fulfillment capabilities. Despite strong growth prospects, KDEF trades at a significant valuation premium (24x earnings, 10.1x cash flow) versus diversified peer EWY, with higher volatility and liquidity risks.
PLUS Korea Defense Industry Index ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Christopher C. Powers Farther Finance Advisors, LLC | 28 | $1,280 | $1,333.36 | $53.36 | 4.17% |
 Kevin Bresler TD Waterhouse Canada Inc. | 10,662 | $524,078.69 | $507,724.44 | -$16,354.25 | -3.12% |
PLUS Korea Defense Industry Index ETF (KDEF) FAQ
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PLUS Korea Defense Industry Index ETF Profile
| ARCA Exchange | US Country |
Overview
The fund specifically targets securities that are part of an index aimed at reflecting the performance of the most relevant South Korean companies in the defense sector. This strategic focus ensures investments are aligned with firms that have shown significant engagement in defense-related services and products. The fund is committed to maintaining a strong investment posture by allocating at least 80% of its net assets, including any leveraged amounts, towards these securities. Additionally, the fund is classified as non-diversified, allowing for concentrated investments in selected securities rather than spreading assets across a wide array of options.
Products and Services
- Index Tracking Investment
The primary product offered by the fund is an index tracking investment that focuses on securities of Korean companies involved in the defense industry. This approach allows investors to tap into the growth and performance of targeted sectors while relying on the index’s established criteria for inclusion, ensuring a systematic investment strategy.
- 80% Asset Allocation
By committing at least 80% of the fund's net assets to the securities that comprise the index, the fund offers a high level of focus on defense-oriented investments. This disciplined asset allocation supports a more consistent investment strategy aimed at maximizing returns based primarily on the performance of key defense companies within South Korea.
- Non-Diversified Fund Structure
The fund's non-diversified structure allows for a significant concentration of investments in a limited number of securities. This feature can provide higher potential returns during favorable market conditions for the defense industry but may also carry greater risk, showcasing a unique opportunity for investors looking for targeted growth.
- Investment in High-Relevance Defense Companies
Investments are predominantly directed towards companies identified as having high relevance in the defense sector. This selective investment philosophy ensures that stakeholders are investing in firms with a substantive impact on national defense, enhancing the fund's alignment with investor interests focused on the defense industry.
