State Street
DFSV.DE
IE0008GRJRO8
State Street® SPDR® S&P Europe Defense Vision UCITS ETF (Acc)
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About this ETF

The State Street SPDR S&P Europe Defense Vision UCITS ETF EUR Unhedged (Acc) seeks to track the S&P Europe Defense Vision index. The S&P Europe Defense Vision index tracks the performance of European companies that are engaged in the military or defense industry.

TER
0.2%

Total Expense Ratio per year

Fund Size
€26.37M

Assets under management

Holdings
31

Underlying equities

Dividend Yield
0%

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
30.8
Weighted Fwd P/E
30.86
💰 Revenue Estimates
Current Year CY
+14.99% ⌀ 17 Analysts Coverage
Next Year NY
+15.33% ⌀ 17 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+25.33% ⌀ 15 Analysts Coverage
Next Year NY
+23.28% ⌀ 16 Analysts Coverage

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ETF Profile
Fund Type
ETF
Inception Date
06/03/2025 (1 yr)
Region
Europe
Country
-
Strategy
-
Theme
Defense
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
No

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
0/100 Low (Concentration Risk)
Diversification Score
0/100 Low (Concentration Risk)
3Y Volatility
-
Max Drawdown (3Y)
-
Sharpe Ratio (3Y)
-
Beta Factor
0.00
Notes & Warnings
Fund Volume (AUM) ⚠️ Fund closure risk (< 50M € AUM)
⚠️ Elevated valuation: Avg P/E of 30.8
⚠️ Fund closure risk (< 50M € AUM)
🟡 Moderate analyst coverage (15.1 analysts)
🔴 Extreme top 10 holdings concentration: 85% of fund in top 10 positions.
🔴 Severe sector concentration risk: 98% in "Industrials".
🔴 Extreme industry concentration: 93% in "Aerospace & Defense".
🔴 Dominant Cyclicality: 98% in cyclical industries – higher drawdown risk in recessions.
⚠️ Elevated Regulatory & Policy Risk: 93% in heavily regulated industries (defense, regulated utilities, healthcare policy).
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