HANetf launches US defence ETF – with the ticker GIJO – to provide exposure to historic boost in US defence spending

  • HANetf has expanded its range of defence ETFs, which is Europe’s largest, with the launch of Future of US Defence UCITS ETF (ticker: GIJO).[1]
  • The ETF aims to provide exposure to US companies benefiting from the world’s largest defence market, as America increases spending and accelerates investment in next-generation military capability.[2]
  • The ETF focuses on US-listed companies headquartered and/or domiciled in the United States, with exposure to defence equipment, aerospace and marine, cyber security, and defence technology.
  • The ETF is listed on London Stock Exchange, Xetra, and Borsa Italiana.

When you invest in ETFs your capital is at risk.

July 2026, London

HANetf, Europe’s first and leading white-label UCITS ETF and ETC platform,[1] is delighted to announce the launch of Future of US Defence UCITS ETF (ticker: GIJO).

The ETF aims to provide exposure to US companies benefiting from the world’s largest defence market, as America increases spending and accelerates investment in next-generation military capability.[2]

The US remains the world’s largest defence spender and the cornerstone of NATO’s military capability. The next phase of defence investment is increasingly focused on modern warfare, with priorities spanning autonomous systems, artificial intelligence, space, missile defence, advanced munitions, and counter-drone technologies.

The proposed FY2027 Department of War budget request highlights the scale of this shift, with approximately $1.45 trillion in total budgetary resources, up from around $1 trillion in FY2026.[3] Procurement is a key driver of growth, with spending proposed to reach $413.1 billion – an increase of 88.5% year-on-year (YoY).

Procurement increases[4] YoY are expected across every major service branch, including:

  • Army: +100.7%
  • Navy and Marine Corps: +49.4%
  • Air Force and Space Force: +37.6%

Defence-wide programmes, including missile defence, drones, autonomy and AI-enabled systems, are set to see some of the largest increases, reflecting the changing nature of the modern battlefield.

At the same time, the Pentagon is looking beyond the traditional defence primes, with a focus on expanding the industrial base, increasing production capacity and bringing more companies into the defence supply chain. The ETF’s index is designed to capture this shift, with a 5% cap on each company, allowing greater representation of US small- and mid-cap defence companies.

HANetf’s range of defence ETFs now spans 8 different strategies, with a cumulative $3.54 billion in assets under management (AUM).[5]

HANetf Defence Products
Exposure
Defiance Drone UCITS ETFDrones / unmanned aerial systems
Future of Defence UCITS ETFNATO and NATO+ ally defence and cyber spending
Future of Defence Screened UCITS ETFNATO member defence and cyber spending
Future of European Defence Screened UCITS ETFEuropean NATO member defence and cyber spending
Future of US Defence UCITS ETFUS defence spending
HAN-GINS Tech Megatrend Equal Weight UCITS ETFTech megatrends including defence tech
Kotak Indo-Pacific Defence UCITS ETFIndo-Pacific ex-China defence spending
YieldMax® Future of Defence Option Income UCITS ETFOption income on leading defence stocks

Risks

  • The defence industry can be significantly affected by government regulation and spending policies because companies involved in this industry rely, to a significant extent, on government demand for their products and services.
  • The financial condition of defence companies is heavily influenced by government defence spending, which may be reduced in efforts to control government budgets.
  • Thematic ETFs are exposed to a limited number of sectors and thus the investment will be concentrated and may experience high volatility.
  • The Fund invests in securities denominated in currencies other than its base currency. Changes in the exchange rates may adversely affect the performance of the Fund.
  • When you invest in ETFs your capital is fully at risk and investors may not get back the amount they invested.
  • Please note this is not an exhaustive list of risks. Other risks may apply. Further risks are disclosed in the KIID and Prospectus.

Hector McNeil, Co-Founder and Co-CEO of HANetf, commented:

“We are delighted to be launching the Future of US Defence UCITS ETF (ticker: GIJO), providing investors with targeted exposure to the companies supporting the next phase of US defence modernisation. The defence landscape is evolving rapidly, with governments investing not only in traditional military platforms, but also in emerging capabilities such as autonomous systems, artificial intelligence, space technologies, and advanced defence infrastructure. GIJO is designed to capture this broader opportunity, bringing together established defence leaders and companies across the wider defence technology ecosystem.

“HANetf has established deep expertise in the defence sector, with eight defence ETFs in its range – the largest offering in Europe. We have seen first-hand the growing investor demand for these strategies, alongside a broader recognition that sustained investment in defence capabilities is essential to supporting long-term security.”

[1] As shown in the ETF Database.

[2] SIPRI, 2026.

[3] Department of War, 2026.

[4] Department of War, 2026.

[5] HANetf; Bloomberg. Data as of 09.07.2026.

IMPORTANT INFORMATION This document is approved for professional use only.

Communications issued in the UK

The content in this document is issued by HANetf Limited (“HANetf”) and approved by Privium Fund Management (UK) Limited (“Privium”). HANetf is an appointed representative of Privium, which is authorised and regulated by the Financial Conduct Authority. The registered office of Privium is The Shard, 24th Floor, 32 London Bridge Street, London, SE1 9SG

This communication has been prepared for professional investors, but the exchange traded product (“ETCs”) and exchange traded fund (“ETFs”) set out in this communication (“Products”) may be available in some jurisdictions to any investors. Please check with your broker or intermediary that the relevant Product is available in your jurisdiction and suitable for your investment profile.

Disclaimers

Past performance is not a reliable indicator of future performance. The price of the Products may vary and they do not offer a fixed income. This document may contain forward looking statements including statements regarding our belief or current expectations with regards to the performance of certain assets classes. Forward looking statements are subject to certain risks, uncertainties and assumptions. There can be no assurance that such statements will be accurate and actual results could differ materially from those anticipated in such statements. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements. The content of this document is for information purposes and for your internal use only, and does not constitute an investment advice, recommendation, investment research or an offer for sale nor a solicitation of an offer to buy any Product or make any investment.

An investment in an exchange traded product is dependent on the performance of the underlying asset class, less costs, but it is not expected to track that performance exactly. The Products involve numerous risks including among others, general market risks relating to underlying adverse price movements in an Index (for ETFs) or underlying asset class and currency, liquidity, operational, legal and regulatory risks. In addition, in relation to Cryptocurrency ETCs, these are highly volatile digital assets and performance is unpredictable.

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