WisdomTree Europe Defense Fund (WDEF)

The WisdomTree Europe Defense Fund is a thematic equity fund from WisdomTree that seeks to track an index of European companies involved in defense.

The index includes companies that derive a meaningful share of their business from defense-related activities, such as manufacturing military vehicles, aircraft, munitions, naval vessels, defense electronics and related systems, and that are listed in European markets. Holdings are selected and weighted according to the index rules and rebalanced periodically.

The fund gives concentrated exposure to the European defense industry rather than to broad European equities. WisdomTree is a New York-based sponsor of exchange-traded products.