NYSE ARCA | ETF
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their revenue or profit from the use and/or manufacture of drones or technology used in the development and manufacture of drones ("drone-related businesses").
It will concentrate at least 25% of its investments in the securities of issuers in the Aerospace & Defense Industry.
The fund is non-diversified.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| JBL | Jabil Circuit Inc | Technology | Electronic Components | 8.66% |
| EVTL | Vertical Aerospace Ltd | Industrials | Aerospace & Defense | 5.28% |
| EH | Ehang Holdings Ltd | Industrials | Aerospace & Defense | 5.16% |
| AIR | AAR Corp | Industrials | Aerospace & Defense | 4.65% |
| HON | Honeywell International Inc | Industrials | Conglomerates | 4.26% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 4.24% |
| NOC | Northrop Grumman Corporation | Industrials | Aerospace & Defense | 4.04% |
| AVAV | AeroVironment Inc | Industrials | Aerospace & Defense | 3.91% |
| UPS | United Parcel Service Inc | Industrials | Integrated Freight & Logistics | 3.56% |
| LILM | Lilium NV | Industrials | Aerospace & Defense | 3.52% |