Hanwha Asset Management noted on the 22nd that the 'PLUS K Defense' ETF (exchange-traded fund) and the 'PLUS Global Defense' ETF recorded the highest revenues in the domestic and overseas institutional sectors compared to the beginning of the year.
According to financial data company FnGuide, as of the 17th, the revenues of the PLUS K Defense ETF and PLUS Global Defense ETF compared to the beginning of the year were recorded at 85.22% and 54.13%, respectively. Both ETFs invest in major defense corporations in the domestic and overseas (Europe and U.S.) markets.
The PLUS K Defense ETF is gaining attention for being relatively free from the tariff policies recently announced by President Trump. This is because most of the incorporated corporations export weapons systems to Europe, the Middle East, and Southeast Asia.
Corporations such as Germany's Rheinmetall and Sweden's Saab, included in the PLUS Global Defense ETF, are also continuously seeing their stock prices rise, hitting new highs. Recently, the European Commission has pushed for a financial rearmament, mobilizing about 1,290 trillion won for Europe's defense, indicating a steady demand, according to Hanwha Asset Management.
Choi Young-jin, head of the marketing division at Hanwha Asset Management, stated, "The defense industry has very high entry barriers, and there are limited countries globally that can export weapons," adding that "this is why investments in the defense industry need to be approached from a more long-term perspective."