PLUS Korea Defense Industry Index ETF logo

PLUS Korea Defense Industry Index ETF (KDEF)

Market Open
15 Jun, 15:03
ARCA ARCA
$
49. 06
+1.44
+3.0131%
$
47.61M Market Cap
2.96% Div Yield
18,137 Volume
$ 47.62
Previous Close
Investors:
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Day Range
48.64 49.31
Year Range
37.8 67.41
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KDEF: Exciting Story, But Keep It On The Watchlist For Now

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.

Seekingalpha | 3 months ago