New sector ETFs from VanEck on Xetra: access to the defence sector and suppliers to the oil industry for the first time

Since Wednesday, two new exchange-traded funds issued by VanEck have been tradable on Xetra and via the trading venue Börse Frankfurt.

With the VanEck Defense UCITS ETF, investors gain access to companies from the defence sector worldwide for the first time. Companies must derive at least 50 per cent of their revenue from the military or defence industry. Business areas such as controversial weapons are excluded. At least 25 companies are considered, whereby the weighting of a value is limited to a maximum of 8 per cent.

The VanEck Oil Services UCITS ETF comprises the 50 largest service companies for the upstream oil sector by market capitalisation. Selected companies must derive at least 50 per cent of their revenues from oil equipment, oil services and oil drilling. The weighting of a value is limited to a maximum of 10 per cent.

NameAsset classISINOngoing chargesDistribution policyReference index
VanEck Defense UCITS ETFEquity ETFIE000YYE6WK50.55 per centaccumulatingMarketVector Global Defense Industry Index
VanEck Oil Services UCITS ETFEquity ETFIE000NXF88S10.35 per centaccumulatingMarketVector US Listed Oil Services 10% Capped Index

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,047 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.

Published on April 5, 2023

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