Invesco Defence Innovation UCITS ETF Acc

Invesco Defence Innovation UCITS ETF Acc

About

Invesco Defence Innovation UCITS ETF Acc (IE000BRM9046) is a UCITS-compliant equity ETF tracking the S&P Kensho Global Future Defense Index NTR. With a TER of 0.35%, it is moderately priced, reinvesting dividends. The fund holds 62 positions across 11 regions with 149M in assets, with heavy concentration — 70% in United States, 66% in Industrials.

ISIN
Fund Size €148.8M
Issuer Invesco
Distribution Re-Invests Dividends
Replication Physical
Inception Oct 2024
Base Currency USD
Index S&P Kensho Global Future Defense Index NTR
Asset Class Equities
Category Thematic Equity

Costs

7.4
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%

Holdings

2.9
With only 62 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
KOPIN CORP USD0.01
0.04%
#2
Redwire Corp
0.04%
#3
Iridium Communications Inc
0.03%
#4
Planet Labs PBC
0.03%
#5
Voyager Technologies Inc
0.03%
#6
Rocket Lab Corp
0.03%
#7
Bruker Corp
0.03%
#8
Viasat Inc
0.03%
#9
Sanmina Corp
0.02%
#10
TTM Technologies Inc
0.02%

Sectors

4.0
This fund is concentrated in just a few of its 7 sectors, reducing diversification.

Regions

7.0
This fund invests across 12 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2024-10-28 — 2026-05-29).
17.9%
Volatility
-13.7%
Max Drawdown
1.66
Sharpe Ratio
2.61
Sortino Ratio
2.17
Calmar Ratio
0.33
Beta
56.70%
Alpha (Jensen's)
0.058
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
flatex
Trade
€5.90
Savings Plan
Free
Account
Free
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

Similar ETFs

Other funds tracking Thematic Equity indices.
Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C
IE00BGV5VN51·TER 0.35%
6.8
iShares Automation & Robotics UCITS ETF
IE00BYZK4552·TER 0.40%
7.2
iShares Global Clean Energy Transition UCITS ETF
IE00B1XNHC34·TER 0.65%
7.3
iShares Global Infrastructure UCITS ETF
IE00B1FZS467·TER 0.65%
7.5
iShares Global Water UCITS ETF
IE00B1TXK627·TER 0.65%
6.6
iShares Global Aerospace & Defence UCITS ETF
IE000U9ODG19·TER 0.35%
6.7
Feedback
ETFs
Basket
Compare
Millennial Index