WisdomTree Global Defense Fund
WDGF
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
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in mil. unless spec.Quarterly Dividends Per Share
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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 Global Defense Fund (WDGF) is an exchange-traded fund that seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global Defense Index. The fund employs a passive management strategy using representative sampling to invest at least 80% of its net assets in index constituents or securities with substantially similar economic characteristics, focusing on common stocks and depositary receipts of global companies deriving at least 25% of revenue from defense industry activities such as sales of military equipment and services to governments. Eligible companies must meet minimum market capitalization and liquidity thresholds, are scored by revenue exposure (25-50% or over 50%), and are weighted by free-float adjusted market cap across U.S., Europe, and Other Markets regions, with quarterly rebalancing, individual caps at 5% or 2.5%, and regional weights between 10-70% based on macro factors like defense budgets and momentum scores. The index targets 20-100 constituents from countries including the U.S., key European nations, Japan, South Korea, Israel, and others in Australia, Brazil, India, and emerging markets, with significant exposure to the Industrials sector and primary business activities determined by factors like headquarters location and revenue sources. WDGF lists on NASDAQ with a 0.45% expense ratio and is sub-advised by Mellon Investments Corporation, managed by a team including Marlene Walker-Smith and others. WisdomTree, Inc., the fund's sponsor and index provider founded in 1985 and headquartered at 250 West 34th Street in New York, NY, offers this as part of its suite of thematic equity ETFs spanning international equities. Launched on September 12, 2025, WDGF represents WisdomTree's expansion of its defense-themed ETF offerings alongside the simultaneous debut of the WisdomTree Asia Defense Fund (WDAF), targeting rising global defense spending and next-generation innovators in Asia-Pacific. This strategic launch builds on growing geopolitical tensions and increased government defense budgets, with no reported acquisitions, funding rounds, or reorganizations specific to WDGF in the past year. The fund provides investors exposure to diversified defense firms without active stock selection, subject to standard ETF risks including foreign securities, currency fluctuations, and sector concentration.