Net Asset Value
$23.81
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 07/11/2025Net Assets
$7,144,234Expense Ratio
0.60%
Inception Date
12/30/2024Ticker
WARPrimary Exchange
NYSEIndex
N/ACUSIP
26922B410ISIN
US26922B4410Shares Outstanding
300,000Fund Characteristics
Data as of 06/30/2025Return on Equity
9.76Price-to-earnings
33.87Price-to-book value
4.56Weighted Average Market Cap
$88.24 BillionReturn on equity: a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders’ equity.
Price-to-book value: a ratio used to compare a stock’s market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share.
Price-to-earnings: the ratio for valuing a company that measures its current share price relative to its per-share earnings.
Weighted Average Market Cap: a stock market index weighted by the market capitalization of each stock in the index.
Holdings
Data as of 07/14/2025| % Net Assets | Name | CUSIP | Country | Ticker | Shares Held | Market ($) |
|---|---|---|---|---|---|---|
|
% Net Assets
7.82%
|
Name
AeroVironment Inc
|
CUSIP
008073108
|
Country
|
Ticker
AVAV
|
Shares Held
2,094.00
|
Market ($)
554,910.00
|
|
% Net Assets
7.42%
|
Name
NVIDIA Corp
|
CUSIP
67066G104
|
Country
|
Ticker
NVDA
|
Shares Held
3,211.00
|
Market ($)
526,828.77
|
|
% Net Assets
7.35%
|
Name
RTX Corp
|
CUSIP
75513E101
|
Country
|
Ticker
RTX
|
Shares Held
3,492.00
|
Market ($)
521,285.76
|
|
% Net Assets
6.93%
|
Name
Micron Technology Inc
|
CUSIP
595112103
|
Country
|
Ticker
MU
|
Shares Held
4,144.00
|
Market ($)
491,519.84
|
|
% Net Assets
6.45%
|
Name
Kyndryl Holdings Inc
|
CUSIP
50155Q100
|
Country
|
Ticker
KD
|
Shares Held
11,577.00
|
Market ($)
458,101.89
|
|
% Net Assets
6.28%
|
Name
OneSpan Inc
|
CUSIP
68287N100
|
Country
|
Ticker
OSPN
|
Shares Held
28,507.00
|
Market ($)
445,849.48
|
|
% Net Assets
4.02%
|
Name
Cohort PLC
|
CUSIP
B0YD2B9
|
Country
|
Ticker
CHRT LN
|
Shares Held
13,632.00
|
Market ($)
285,536.74
|
|
% Net Assets
3.91%
|
Name
Austal Ltd
|
CUSIP
6137162
|
Country
|
Ticker
ASB AU
|
Shares Held
75,237.00
|
Market ($)
277,363.71
|
|
% Net Assets
3.88%
|
Name
Qualys Inc
|
CUSIP
74758T303
|
Country
|
Ticker
QLYS
|
Shares Held
1,980.00
|
Market ($)
275,596.20
|
|
% Net Assets
3.88%
|
Name
Tokyo Electron Ltd
|
CUSIP
6895675
|
Country
|
Ticker
8035 JP
|
Shares Held
1,537.00
|
Market ($)
275,571.66
|
|
% Net Assets
3.84%
|
Name
Silicon Laboratories Inc
|
CUSIP
826919102
|
Country
|
Ticker
SLAB
|
Shares Held
1,947.00
|
Market ($)
272,482.65
|
|
% Net Assets
3.75%
|
Name
Secunet Security Networks AG
|
CUSIP
5808845
|
Country
|
Ticker
YSN GR
|
Shares Held
1,048.00
|
Market ($)
265,971.23
|
|
% Net Assets
3.22%
|
Name
Thales SA
|
CUSIP
4162791
|
Country
|
Ticker
HO FP
|
Shares Held
770.00
|
Market ($)
228,751.12
|
|
% Net Assets
3.20%
|
Name
Elbit Systems Ltd
|
CUSIP
M3760D101
|
Country
|
Ticker
ESLT
|
Shares Held
500.00
|
Market ($)
227,045.00
|
|
% Net Assets
3.10%
|
Name
KLA CORP
|
CUSIP
482480100
|
Country
|
Ticker
KLAC
|
Shares Held
239.00
|
Market ($)
220,319.76
|
|
% Net Assets
3.09%
|
Name
Singapore Technologies Engineering Ltd
|
CUSIP
6043214
|
Country
|
Ticker
STE SP
|
Shares Held
34,634.00
|
Market ($)
219,602.57
|
|
% Net Assets
3.05%
|
Name
Commvault Systems Inc
|
CUSIP
204166102
|
Country
|
Ticker
CVLT
|
Shares Held
1,276.00
|
Market ($)
216,384.08
|
|
% Net Assets
2.89%
|
Name
Onto Innovation Inc
|
CUSIP
683344105
|
Country
|
Ticker
ONTO
|
Shares Held
2,072.00
|
Market ($)
205,128.00
|
|
% Net Assets
2.75%
|
Name
NetScout Systems Inc
|
CUSIP
64115T104
|
Country
|
Ticker
NTCT
|
Shares Held
8,808.00
|
Market ($)
195,185.28
|
|
% Net Assets
2.08%
|
Name
Dell Technologies Inc
|
CUSIP
24703L202
|
Country
|
Ticker
DELL
|
Shares Held
1,175.00
|
Market ($)
147,662.25
|
|
% Net Assets
2.07%
|
Name
Seagate Technology Holdings PLC
|
CUSIP
G7997R103
|
Country
|
Ticker
STX
|
Shares Held
987.00
|
Market ($)
147,141.96
|
|
% Net Assets
1.98%
|
Name
NetApp Inc
|
CUSIP
64110D104
|
Country
|
Ticker
NTAP
|
Shares Held
1,341.00
|
Market ($)
140,362.47
|
|
% Net Assets
1.85%
|
Name
Extreme Networks Inc
|
CUSIP
30226D106
|
Country
|
Ticker
EXTR
|
Shares Held
7,676.00
|
Market ($)
131,029.32
|
|
% Net Assets
1.03%
|
Name
IHS Holding Ltd
|
CUSIP
G4701H109
|
Country
|
Ticker
IHS
|
Shares Held
12,128.00
|
Market ($)
73,253.12
|
|
% Net Assets
1.03%
|
Name
Super Micro Computer Inc
|
CUSIP
86800U302
|
Country
|
Ticker
SMCI
|
Shares Held
1,468.00
|
Market ($)
73,003.64
|
|
% Net Assets
0.98%
|
Name
Smith & Wesson Brands Inc
|
CUSIP
831754106
|
Country
|
Ticker
SWBI
|
Shares Held
8,252.00
|
Market ($)
69,564.36
|
|
% Net Assets
0.97%
|
Name
Nutanix Inc
|
CUSIP
67059N108
|
Country
|
Ticker
NTNX
|
Shares Held
952.00
|
Market ($)
68,981.92
|
|
% Net Assets
0.93%
|
Name
Accenture PLC
|
CUSIP
G1151C101
|
Country
|
Ticker
ACN
|
Shares Held
236.00
|
Market ($)
66,077.64
|
|
% Net Assets
0.30%
|
Name
First American Government Obligations Fund 12/01/2031
|
CUSIP
31846V336
|
Country
|
Ticker
FGXXX
|
Shares Held
21,412.33
|
Market ($)
21,412.33
|
|
% Net Assets
0.09%
|
Name
CANADIAN DOLLAR
|
CUSIP
CASHCAD
|
Country
|
Ticker
CAD
|
Shares Held
9,111.28
|
Market ($)
6,651.78
|
|
% Net Assets
0.01%
|
Name
BRITISH POUNDS
|
CUSIP
CASHGBP
|
Country
|
Ticker
GBP
|
Shares Held
697.70
|
Market ($)
936.80
|
|
% Net Assets
0.01%
|
Name
SWEDISH KRONA
|
CUSIP
CASHSEK
|
Country
|
Ticker
SEK
|
Shares Held
6,196.00
|
Market ($)
644.68
|
|
% Net Assets
0.01%
|
Name
EURO
|
CUSIP
CASHEUR
|
Country
|
Ticker
EUR
|
Shares Held
531.60
|
Market ($)
620.30
|
|
% Net Assets
-0.19%
|
Name
Cash & Other
|
CUSIP
Cash&Other
|
Country
|
Ticker
Cash&Other
|
Shares Held
-13,670.52
|
Market ($)
-13,670.52
|
Fund Prices
Data as of 07/11/2025Market Price
Closing Price
$23.83
Daily Change
$-0.16
Daily Change %
-0.68
Premium/Discount %
0.05
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 06/30/2025
NAV %
Market Value %
Time Period
1 Month
NAV %
8.58
Market Value %
8.53
Time Period
3 Month
NAV %
25.05
Market Value %
25.07
Time Period
6 Month
NAV %
22.74
Market Value %
22.47
Time Period
YTD
NAV %
22.74
Market Value %
22.47
Time Period
Since Inception
NAV %
21.10
Market Value %
21.35
Quarter End As Of 06/30/2025
NAV %
Market Value %
Time Period
1 Month
NAV %
8.58
Market Value %
8.53
Time Period
3 Month
NAV %
25.05
Market Value %
25.07
Time Period
6 Month
NAV %
22.74
Market Value %
22.47
Time Period
YTD
NAV %
22.74
Market Value %
22.47
Time Period
Since Inception
NAV %
21.10
Market Value %
21.35
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.