ARMY vs XDEF
Tema ETF Trust Tema International Defense ETF against Xtrackers Europe Defense Technologies ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
56%
19 shared positions
Fee gap
33 bp
XDEF is cheaper
1-year return gap
—
Larger fund
ARMY
$4.8M
Side by side
| ARMY | XDEF | |
|---|---|---|
| Fund | Tema ETF Trust Tema International Defense ETF | Xtrackers Europe Defense Technologies ETF |
| Issuer | Tema | Xtrackers |
| Category | Aerospace & Defense | Aerospace & Defense |
| Expense ratio | 0.68% | 0.35% |
| Assets | $4.8M | $4.6M |
| Average daily dollar volume | $144K | $15K |
| Listed | Sep 24, 2025 | Feb 18, 2026 |
| FrenzyCap score | 21 | 39 |
| 1-month return | −3.2% | −6.3% |
| 3-month return | −3.4% | −2.5% |
| Year to date | — | — |
| 1-year return | — | — |
| 30-day volatility | 17.0% | 16.4% |
| Worst drawdown, 1 year | −19.1% | −19.8% |
| Trailing 12-month yield | — | 1.72% |
| Holdings | 34 | 32 |
| Top 10 weight | 47.1% | 61.4% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$3.6M thru May 2026 | $0 thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of May 31, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
65% of ARMY · 83% of XDEF| Holding | ARMY | XDEF |
|---|---|---|
| BAE Systems PLC | 4.27% | 7.28% |
| Leonardo SpA | 3.94% | 3.97% |
| Kongsberg Gruppen ASA | 5.14% | 3.91% |
| Saab AB | 4.04% | 3.86% |
| Dassault Aviation SA | 3.98% | 3.71% |
| Thales SA | 3.65% | 4.39% |
| Hensoldt AG | 4.37% | 3.63% |
| Rolls-Royce Holdings PLC | 3.44% | 8.62% |
| Indra Sistemas SA | 4.07% | 3.41% |
| Airbus SE | 3.27% | 8.67% |
| RENK Group AG | 3.63% | 3.26% |
| Babcock International Group PL | 3.21% | 3.69% |
| Rheinmetall AG | 2.90% | 6.93% |
| Safran SA | 2.65% | 8.24% |
| MTU Aero Engines AG | 2.59% | 4.28% |
| QinetiQ Group PLC | 3.94% | 1.80% |
| Chemring Group PLC | 4.02% | 1.18% |
| Avio SpA | 1.25% | 1.11% |
| Kongsberg Maritime AS | 0.90% | 0.69% |
Sector mix of the stock holdings
| Sector | ARMY | XDEF | Gap |
|---|---|---|---|
| Industrials | 18.3% | 0.0% | +18.3% |
| Technology | 2.2% | 0.0% | +2.2% |
More: full overlap table · ARMY holdings · XDEF holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.