WisdomTree Asia Defense Fund
WDAF
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 250 West 34th Street, 3rd Floor New York NY United States of America 10119
- IPO Date
- Sep 12, 2025
- Website
- wisdomtree.com
- Similar Companies
- Business
- WisdomTree Asia Defense Fund (WDAF) is an exchange-traded fund that seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Asia Defense Index. The fund provides targeted exposure to common stocks, including depositary receipts, of Asian companies engaged in the defense industry, with a focus on those deriving at least 10% of revenue from defense-related activities such as aerospace, military equipment, defense technology, cybersecurity, AI, robotics, and hypersonics; it maintains a portfolio of 20-100 Asia-Pacific defense contractors and innovators, weighted by tiered exposure to the sector and featuring significant allocations to companies in India and South Korea. Launched on September 10, 2025, and domiciled in the United States with an expense ratio of 0.45%, WDAF operates primarily in the industrials sector and targets investors seeking pure-play access to Asia-Pacific defense spending trends driven by geopolitical tensions, strategic autonomy, and modernization efforts. The fund was introduced by WisdomTree Asset Management, Inc., the adviser and a subsidiary of WisdomTree, Inc., as part of an expansion of its defense-themed ETF suite alongside the simultaneous launch of the WisdomTree Global Defense Fund (WDGF) on NASDAQ, reflecting heightened global military spending projected to exceed $2 trillion and regional rearmament initiatives. Managed passively through representative sampling to replicate the rules-based index overseen by the WisdomTree Defense Index Committee, WDAF emphasizes companies directly involved in next-generation defense innovations amid underinvestment gaps in European and Asian markets. Headquartered through its parent in New York, the fund serves institutional and retail investors focused on thematic equity strategies in emerging defense hubs across the Asia-Pacific region.