ATLASPLUS Korea Defense Industry Index ETF (KDEF): outlook, holdings and fees
PLUS Korea Defense Industry Index ETF (KDEF) is an exchange-traded fund and is managed by PLUS ETF. The expense ratio is 0.63% and the yield is 1.74%. The ten largest holdings are 65% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on KDEF
| Last price | $32.40 (+3.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 48% |
| Likely 1-month range (50%) | $29.56 – $35.17 |
| Normal 1-day range (±1σ) | ±3.0% |
| Distribution yield | 1.74% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
KDEF fund facts
| Issuer | PLUS ETF |
|---|---|
| Theme | Aerospace & defense |
| Assets under management | $104M |
| Expense ratio | 0.63% |
| Number of holdings | 19 |
| Inception | Feb 4, 2025 |
| Exchange | NYSE |
The fund normally invests in securities comprising the index. The index is designed to track the performance of South Korean companies that have demonstrated high relevance to defense ("Korea Defense Companies"). Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities comprising the index. The fund is non-diversified.
KDEF top holdings
| Holding | Sector | Weight |
|---|---|---|
| Hanwha Aerospace Co Ltd 012450 | Industrials | 18.16% |
| LIG Nex1 Co Ltd 079550 | Industrials | 7.82% |
| Hyundai Rotem Co 064350 | Industrials | 6.88% |
| Korea Aerospace Industries 047810 | Industrials | 5.71% |
| Samkang M&T Co.Ltd 100090 | Industrials | 4.86% |
| SNT Dynamics Co Ltd 003570 | Industrials | 4.12% |
| Hanwha Systems Co Ltd 272210 | Industrials | 4.45% |
| LifeSemantics Corp. 347700 | Healthcare | 4.16% |
| SNT Motiv Co Ltd 064960 | Consumer Cyclical | 4.17% |
| MNC Solution 484870 | Industrials | 4.26% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
KDEF sector breakdown
| Sector | Weight |
|---|---|
| Industrials | 84.7% |
| Consumer Cyclicals | 7.4% |
| Technology | 4.0% |
| Healthcare | 4.0% |
By region: Asia Developed 100.0%.
KDEF returns and risk
| Year to date | -10.7% |
|---|---|
| 1 year | -14.8% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
KDEF: frequently asked questions
What does KDEF invest in?
PLUS Korea Defense Industry Index ETF invests in a portfolio of securities. Its largest holdings are Hanwha Aerospace Co Ltd (18.2%), LIG Nex1 Co Ltd (7.8%), Hyundai Rotem Co (6.9%), Korea Aerospace Industries (5.7%), Samkang M&T Co.Ltd (4.9%).
What is the KDEF expense ratio?
0.63% a year: about $63.00 for every $10,000 invested.
What is the KDEF dividend yield?
1.74%. ATLAS does not hold the exact distribution dates for ETFs.
Will KDEF go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 48%, with a likely range (50%) of $29.56 to $35.17 from $32.40 today. It is a probability, not a prediction.
How has KDEF performed?
Year to date -10.7%, one year -14.8%. Past returns do not guarantee future results.
Similar ETFs: Aerospace & defense
Educational information, not investment advice. Disclaimer