HANetf Launches Europe's First Drone-focused ETF, the Drone UCITS ETF (DRON)
HANetf has launched the Drone UCITS ETF (DRON), focusing on drones and UAV technology, listed on Borsa Italiana and Deutsche Borse. The ETF features a total expense ratio of 0.69% and includes companies generating significant revenue from drone-related activities. Its top holdings are Ondas Inc., Aerovironment, and Droneshield. The ETF reflects growing global defense spending on drone technology, with initiatives from the US, Germany, and the UK aimed at enhancing unmanned systems capabilities.
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HANetf has introduced the Drone UCITS ETF (DRON), targeting companies involved in drones and UAV technology, now listed on Borsa Italiana and Deutsche Borse, with a London Stock Exchange listing upcoming. The ETF has a total expense ratio of 0.69% and requires companies to obtain at least 20% of revenues from drone-related sources.
The index comprises 80% pure-play firms, with top holdings including Ondas Inc. (11.42%), Aerovironment (10.01%), and Droneshield (9.92%). The ETF reflects significant global defense spending shifts towards drone capabilities, with major initiatives noted from the US, Germany, and the UK.
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