iShares Defense Industrials Active ETF
BlackRock ETF Trust
Fund classification
Classified from what the fund holds · as of 2026 Q2
iShares Defense Industrials Active ETF is an actively managed global equity fund.
- Asset class
- Equity
- Region
- Global
- Management
- Actively managed
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2025 Q2
The iShares Defense Industrials Active ETF (the Fund) seeks to maximize total return by investing in companies that Fund management believes are well-positioned to benefit from increased global defense and security spending.
The fund invests at least 80% of assets in equity securities of U.S. and non-U.S. defense and related industrials companies, selecting holdings through fundamental research and analysis of defense revenue exposure, market share, and supply-chain relevance; it maintains at least 50% in aerospace and defense companies specifically. The fund is non-diversified, meaning it may hold concentrated positions in a small number of issuers. Fund management also applies large language modeling to public data to identify defense-exposed companies, though this analysis does not determine the 80% policy allocation.
| Share class | Expense ratio |
|---|---|
| C000260347 | 0.55% |
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.75% |
| Cash & short-term | 4.20% |
| Derivatives | 0.06% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Industrials | 46.7% |
| International | 40.3% |
| Information Technology | 6.3% |
| Cash | 4.1% |
| 4 smaller | 2.5% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| RTX | RTX CorpRTX | 8.90% | $176.07 | $315.31M | 1.8M |
| LMT | Lockheed Martin CorpLMT | 4.99% | $517.97 | $176.73M | 341.2K |
| PLTR | Palantir Technologies IncPLTR | 4.38% | $139.11 | $155.24M | 1.1M |
| GD | General Dynamics CorpGD | 4.29% | $344.30 | $152.12M | 441.8K |
| NOC | Northrop Grumman CorpNOC | 3.90% | $579.48 | $138.41M | 238.8K |
| — | BlackRock Funds III | 3.14% | — | $111.27M | — |
| — | Rolls-Royce Holdings PLC | 2.81% | $16.09 | $99.72M | 6.2M |
| — | Mitsubishi Heavy Industries Ltd | 2.71% | $29.85 | $96.13M | 3.2M |
| — | Rheinmetall AG | 2.65% | $1,594.81 | $94.03M | 59.0K |
| BA | The Boeing CoBA | 2.64% | $229.03 | $93.51M | 408.3K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 40.42% of net assets, top 25 63.83%, across 113 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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