Global X Defence Tech ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Global ex-Australia equity funds would cost $296 (0.59% a year), so DTEC is $16 cheaper.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 2 Sept 2026 · 50 securities · top 10 = 64.2%
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.1 | −2.5 | −5.2 | −7.3 | 1.7 | −9.9 | 5.4 | 3.3 | −6.9 | 2.5 | −9.3YTD | ||
| 2025 | 5.8 | 6.8 | 9.1 | 8.8 | 9.5 | 3.7 | 3.9 | 1.0 | 9.9 | −1.8 | −7.3 | 2.4 | 63.8 |
| 2024 | 4.2 | −0.6 | 3.6 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
DTEC questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Global X Defence Tech ETF?
Global X Defence Tech ETF holds 50 securities, and its ten largest positions make up 64.2% of the fund, more concentrated than the 35.9% typical of Global ex-Australia equity funds. That makes it fairly concentrated.
Which ETFs does DTEC double up with most?
DTEC shares the most holdings with Betashares Global Defence ETF (ARMR) (74% overlap), VanEck Global Defence ETF (DFND) (53% overlap) and Global X FANG+ ETF (FANG) (10% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 74%, owning both DTEC and ARMR would mostly double up on the same investments rather than spread your money further.
How is Global X Defence Tech ETF managed – active or passive?
Global X Defence Tech ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Global ex-Australia equity funds, active funds charge a median 0.75% a year and index funds 0.45%.
What will I pay in fees for DTEC?
DTEC charges a management fee of 0.50% a year, about $50 for every $10,000 invested. Only 40% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Global ex-Australia equity funds, the median is 0.55%.
It is the cheapest of the 3 defence funds we track.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.31% for DTEC.
Does Global X Defence Tech ETF follow a theme?
Yes. Global X Defence Tech ETF focuses on defence. Thematic funds are narrower than the broad market, so they can rise or fall much more than it does.
Other ASX funds with a defence focus include VanEck Global Defence ETF (DFND) and Betashares Global Defence ETF (ARMR).
What is under the hood of DTEC?
As at 2 Sept 2026, DTEC's ten largest holdings are Palantir Techn-A (10.2%), Rtx Corp (9.3%), General Dynamics (8.7%), Lockheed Martin (8.2%), Northrop Grumman (7.8%), Bae Systems PLC (4.6%), Rheinmetall AG (4.1%), L3Harris Technol (3.9%), Thales SA (3.7%) and Hanwha Aerospace (3.7%). Together they make up 64.2% of the fund.
It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings. Its top 10 weighting of 64.2% compares with 35.9% for Global ex-Australia equity funds.
How well has Global X Defence Tech ETF performed?
Based on its category, Global X Defence Tech ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned −14.0% over 1 year (median 6.3%; ranked 112 of 121). The medians and rankings compare it with Global ex-Australia equity funds. Since listing in 2024 it has returned 25.5% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for DTEC; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.50% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.