Key Highlights

  • The fund holds 60 defence companies, with the top ten at 70.28% and Palantir at 10.78%.
  • Industrials holds 84.82% of the portfolio, and the United States 62.47%.
  • The management fee is 0.55% and the fund size is $214.47 million.
  • The July 2026 distribution of $0.467 is lower than the $0.535 paid in July 2025.

Betashares Global Defence ETF (ASX:ARMR) aims to provide an investment return that tracks the performance of the VettaFi Global Defence Leaders Index, before fees and expenses. The fund was admitted to the ASX on 4 October 2024 and last traded at $21.98 on 13 October 2026. It reports a fund size of $214.47 million.

Detail

Information

Ticker

ASX:ARMR

Fund

Betashares Global Defence ETF

Category

Equity World Other

Benchmark

VettaFi Global Defence Leaders TR AUD

Fund size

$214.47 million

Management fee

0.55%

Total holdings

60

ASX admission date

4 October 2024

Holdings

The ten largest positions represent 70.28% of the fund. Palantir Technologies leads at 10.78%, followed by RTX (8.99%), Safran (8.89%), Lockheed Martin (8.40%) and General Dynamics (8.20%). BAE Systems holds 6.72%, Northrop Grumman 6.29%, Rheinmetall 4.93%, Harris (LHX) 4.06% and Rocket Lab 2.97%.

Companies between $500 million and $1 billion in market capitalisation represent 9.32% and those below $500 million 1.38%. Stocks account for 100% of the fund.

Sector and country exposure

Industrials holds 84.82%, against 13.12% for the category, and Technology 15.18%. The fund has no weighting in the other sectors.

The United States accounts for 62.47%, against 44.18% for the category. France holds 11.82%, the United Kingdom 7.70%, Germany 6.02% and South Korea 4.08%. Israel holds 2.09%, Sweden 2.03% and Italy 1.99%.

Fee, risk and distributions

The management fee is 0.55% a year and the fund reports a standard deviation of 17.94. The final distribution of $0.467 per unit had an ex-date of 1 July 2026, a record date of 2 July and payment on 16 July, equal to an annual yield of 2.27%.

That is higher than the $0.032 paid in January 2026, but lower than the $0.535 paid in July 2025.

Category classification and liquidity

Morningstar places the fund in the Equity World Other category, which covers funds investing primarily in global stocks almost exclusively, with less than 20% of the portfolio in assets other than equities and a possible bias towards a single sector or country.

Liquidity indicators add a further view. There are 9,766,356 units on issue, and average daily trading volume is 27,123 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 12,800 to 32,600 units, with 20,495 recorded on 13 October while the market was still open. The bid-offer range stood at $21.85 to $22.35, and the day range at $21.98 to $22.10. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged the Units on Issue Disclosure for September 2026 on 6 October and the Annual Report on 25 September. Disclosures for August and July followed on 4 September and 6 August, and Estimated Annual Distribution Component Information on 8 July.

Final Takeaway

ARMR concentrates on listed defence contractors, with three holdings above 8.8% and a US weighting well above its category. The 0.55% fee and a short listing history are part of its profile. These facts do not forecast outcomes.