IDEF

📎 Investment Objective

The iShares Defense Industrials Active ETF (IDEF) seeks to provide exposure to companies involved in the defense and aerospace industries, with the goal of generating long-term capital appreciation.

✨ Key Features

• Focuses on the defense and aerospace industry, a sector with potential for growth driven by government spending and technological advancements
• Active management approach allows the portfolio managers to make tactical decisions to try to outperform the broader industry
• Diversified portfolio across different defense and aerospace sub-sectors and companies
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Sector risk: As a sector-focused fund, IDEF is more susceptible to factors affecting the defense and aerospace industries
• Market risk: The value of the fund's holdings can fluctuate with overall market conditions
• Active management risk: The fund's performance depends on the skill of the portfolio managers in selecting stocks
• Liquidity risk: The fund may have difficulty trading certain holdings, especially in times of market stress

👤 Best For

IDEF may be suitable for investors seeking exposure to the defense and aerospace sector as part of a diversified portfolio. The active management approach may appeal to investors who believe skilled portfolio managers can outperform the broader industry. However, the fund's sector-specific focus means it may be more volatile than a broader market index fund, making it more appropriate for investors with a higher risk tolerance and longer investment horizon.