Defiance Next Gen Food & Agriculture ETF (DIET) is an exchange-traded fund that seeks to track the total return performance, before fees and expenses, of the Bluestar Food and Agriculture Sustainability Index. The ETF provides exposure to companies involved in innovative food and agriculture technologies, including alternative plant-based sources of meat such as Beyond Meat, precision agriculture, biotechnology for crop protection, and sustainable farming practices; it holds approximately 68 securities with around 40% of assets concentrated in the top 10 holdings. Launched in November 2019 and managed by Defiance ETFs, the fund has a net expense ratio of 0.30% and is listed on NYSE Arca.
Defiance ETFs, the issuer founded in 2018 and headquartered in New York, New York, specializes in thematic, income, and leveraged exchange-traded funds targeting disruptive innovations across various sectors. The firm, led by CEO Matthew Bielski, offers a suite of rules-based ETFs focused on high-growth areas, including first-mover leveraged single-stock products that provide amplified exposure without requiring margin accounts. DIET operates primarily in U.S. markets but derives holdings exposure globally through companies advancing next-generation food and agriculture solutions.
No major acquisitions, funding rounds, partnerships, or strategic shifts specific to DIET or Defiance ETFs have been reported in the last one to two years as of December 2025; the fund continues to emphasize its core sustainability index tracking amid ongoing ETF industry innovation. Defiance maintains its focus on product development in thematic investing, with DIET's assets under management at approximately $2.25 million and a share price around $22.48. The ETF targets investors seeking sustainable agriculture and food tech exposure within the commodity producers equities category.