Net Asset Value
$19.25
The U.S. Global Technology and Aerospace & Defense ETF (WAR) provides investors access to the global defense sector, including companies in Aerospace & Defense, Semiconductors, Cybersecurity, Data Centers, and Homeland Security from around the world.
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Fund Details
Data as of 04/23/2025Net Assets
$3,849,604Expense Ratio
0.60%
Inception Date
12/30/2024Ticker
WARPrimary Exchange
NYSEIndex
N/ACUSIP
26922B410ISIN
US26922B4410Shares Outstanding
200,000Fund Characteristics
Data as of 03/31/2025Return on Equity
18.59Price-to-earnings
24.15Price-to-book value
4.64Weighted Average Market Cap
$251.81 BillionReturn on equity: a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders’ equity.
Price-to-book value: a ratio used to compare a stock’s market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share.
Price-to-earnings: the ratio for valuing a company that measures its current share price relative to its per-share earnings.
Weighted Average Market Cap: a stock market index weighted by the market capitalization of each stock in the index.
Holdings
Data as of 04/24/2025| % Net Assets | Name | CUSIP | Country | Ticker | Shares Held | Market ($) |
|---|---|---|---|---|---|---|
|
% Net Assets
7.57%
|
Name
Leonardo DRS Inc
|
CUSIP
52661A108
|
Country
|
Ticker
DRS
|
Shares Held
8,174.00
|
Market ($)
300,067.54
|
|
% Net Assets
6.84%
|
Name
V2X Inc
|
CUSIP
92242T101
|
Country
|
Ticker
VVX
|
Shares Held
5,486.00
|
Market ($)
271,172.98
|
|
% Net Assets
6.77%
|
Name
A10 Networks Inc
|
CUSIP
002121101
|
Country
|
Ticker
ATEN
|
Shares Held
16,453.00
|
Market ($)
268,677.49
|
|
% Net Assets
6.76%
|
Name
General Dynamics Corp
|
CUSIP
369550108
|
Country
|
Ticker
GD
|
Shares Held
986.00
|
Market ($)
267,906.06
|
|
% Net Assets
6.49%
|
Name
QUALCOMM Inc
|
CUSIP
747525103
|
Country
|
Ticker
QCOM
|
Shares Held
1,749.00
|
Market ($)
257,470.29
|
|
% Net Assets
6.06%
|
Name
ACM Research Inc
|
CUSIP
00108J109
|
Country
|
Ticker
ACMR
|
Shares Held
11,513.00
|
Market ($)
240,391.44
|
|
% Net Assets
4.73%
|
Name
Cognyte Software Ltd
|
CUSIP
M25133105
|
Country
|
Ticker
CGNT
|
Shares Held
19,696.00
|
Market ($)
187,702.88
|
|
% Net Assets
4.73%
|
Name
RENK Group AG
|
CUSIP
BMD6RR4
|
Country
|
Ticker
R3NK GR
|
Shares Held
3,364.00
|
Market ($)
187,618.67
|
|
% Net Assets
4.64%
|
Name
Secunet Security Networks AG
|
CUSIP
5808845
|
Country
|
Ticker
YSN GR
|
Shares Held
833.00
|
Market ($)
183,975.23
|
|
% Net Assets
4.40%
|
Name
Hensoldt AG
|
CUSIP
BN0SDX8
|
Country
|
Ticker
HAG GR
|
Shares Held
2,397.00
|
Market ($)
174,373.91
|
|
% Net Assets
3.91%
|
Name
ASML Holding NV
|
CUSIP
N07059210
|
Country
|
Ticker
ASML
|
Shares Held
230.00
|
Market ($)
155,250.00
|
|
% Net Assets
3.44%
|
Name
AIRBUS GROUP SE
|
CUSIP
4012250
|
Country
|
Ticker
AIR FP
|
Shares Held
872.00
|
Market ($)
136,261.48
|
|
% Net Assets
3.16%
|
Name
Kongsberg Gruppen ASA
|
CUSIP
5208241
|
Country
|
Ticker
KOG NO
|
Shares Held
840.00
|
Market ($)
125,192.42
|
|
% Net Assets
3.14%
|
Name
Cohort PLC
|
CUSIP
B0YD2B9
|
Country
|
Ticker
CHRT LN
|
Shares Held
7,465.00
|
Market ($)
124,459.81
|
|
% Net Assets
3.10%
|
Name
Nova Ltd
|
CUSIP
M7516K103
|
Country
|
Ticker
NVMI
|
Shares Held
625.00
|
Market ($)
122,968.75
|
|
% Net Assets
2.96%
|
Name
KLA CORP
|
CUSIP
482480100
|
Country
|
Ticker
KLAC
|
Shares Held
170.00
|
Market ($)
117,201.40
|
|
% Net Assets
2.91%
|
Name
NetScout Systems Inc
|
CUSIP
64115T104
|
Country
|
Ticker
NTCT
|
Shares Held
5,484.00
|
Market ($)
115,383.36
|
|
% Net Assets
2.72%
|
Name
Tenable Holdings Inc
|
CUSIP
88025T102
|
Country
|
Ticker
TENB
|
Shares Held
3,293.00
|
Market ($)
107,714.03
|
|
% Net Assets
2.42%
|
Name
Aselsan Elektronik Sanayi Ve Ticaret AS
|
CUSIP
B03MP41
|
Country
|
Ticker
ASELS TI
|
Shares Held
27,376.00
|
Market ($)
96,096.25
|
|
% Net Assets
1.99%
|
Name
Alphabet Inc
|
CUSIP
02079K305
|
Country
|
Ticker
GOOGL
|
Shares Held
496.00
|
Market ($)
79,002.88
|
|
% Net Assets
1.92%
|
Name
Western Digital Corp
|
CUSIP
958102105
|
Country
|
Ticker
WDC
|
Shares Held
1,900.00
|
Market ($)
76,323.00
|
|
% Net Assets
1.89%
|
Name
Seagate Technology Holdings PLC
|
CUSIP
G7997R103
|
Country
|
Ticker
STX
|
Shares Held
904.00
|
Market ($)
75,068.16
|
|
% Net Assets
1.82%
|
Name
Nutanix Inc
|
CUSIP
67059N108
|
Country
|
Ticker
NTNX
|
Shares Held
1,101.00
|
Market ($)
72,379.74
|
|
% Net Assets
1.24%
|
Name
Sturm Ruger & Co Inc
|
CUSIP
864159108
|
Country
|
Ticker
RGR
|
Shares Held
1,217.00
|
Market ($)
49,008.59
|
|
% Net Assets
1.13%
|
Name
Vertiv Holdings Co
|
CUSIP
92537N108
|
Country
|
Ticker
VRT
|
Shares Held
532.00
|
Market ($)
44,624.16
|
|
% Net Assets
0.94%
|
Name
Arista Networks Inc
|
CUSIP
040413205
|
Country
|
Ticker
ANET
|
Shares Held
496.00
|
Market ($)
37,343.84
|
|
% Net Assets
0.90%
|
Name
IHS Holding Ltd
|
CUSIP
G4701H109
|
Country
|
Ticker
IHS
|
Shares Held
7,385.00
|
Market ($)
35,669.55
|
|
% Net Assets
0.88%
|
Name
International Business Machines Corp
|
CUSIP
459200101
|
Country
|
Ticker
IBM
|
Shares Held
153.00
|
Market ($)
35,087.49
|
|
% Net Assets
0.72%
|
Name
First American Government Obligations Fund 12/01/2031
|
CUSIP
31846V336
|
Country
|
Ticker
FGXXX
|
Shares Held
28,743.10
|
Market ($)
28,743.10
|
|
% Net Assets
0.06%
|
Name
EURO
|
CUSIP
CASHEUR
|
Country
|
Ticker
EUR
|
Shares Held
2,223.60
|
Market ($)
2,531.45
|
|
% Net Assets
-0.24%
|
Name
Cash & Other
|
CUSIP
Cash&Other
|
Country
|
Ticker
Cash&Other
|
Shares Held
-9,628.61
|
Market ($)
-9,628.61
|
Fund Prices
Data as of 04/23/2025Market Price
Closing Price
$19.27
Daily Change
$0.17
Daily Change %
0.87
Premium/Discount %
0.13
PREMIUM/DISCOUNT
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.
30 Day Median Bid Ask is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
PERFORMANCE HISTORY
Month End As Of 03/31/2025
NAV %
Market Value %
Time Period
1 Month
NAV %
-0.86
Market Value %
-0.70
Time Period
3 Month
NAV %
-1.84
Market Value %
-2.08
Time Period
YTD
NAV %
-1.84
Market Value %
-2.08
Time Period
Since Inception
NAV %
-3.15
Market Value %
-2.97
Quarter End As Of 03/31/2025
NAV %
Market Value %
Time Period
1 Month
NAV %
-0.86
Market Value %
-0.70
Time Period
3 Month
NAV %
-1.84
Market Value %
-2.08
Time Period
YTD
NAV %
-1.84
Market Value %
-2.08
Time Period
Since Inception
NAV %
-3.15
Market Value %
-2.97
Since inception: 12/30/2024
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period. Performance is annualized for periods greater than 1 year.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. The expense ratio is 0.60%.
A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price or market price is the most recent price at which the fund was traded.