Entering text into the input field will update the search result below

Aerospace & Defense ETFs have jumped double digits since the invasion of Ukraine

F-35 jet fighter on runway to take off

guvendemir/iStock via Getty Images

Aerospace and defense exchange traded funds have seen a double-digit jump in their underlying value ever since Russia invaded Ukraine on Feb. 24th. With the military conflict spotlighting geopolitical risks in general, ETFs that support defense equipment have

Recommended For You

Comments (6)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

All 29 DOW components are up green except LMT. LMT has reached historically high yesterday due to the Ukraine invasion. I don't think at current price range is sustainable for long. I'm going to take profit before too late.
DividendInvestorInMinnesota profile picture
@Ronaldo123 Yep, I trimmed some at $449.75.
DividendInvestorInMinnesota profile picture
Looks like a little profit taking for LMT today. I skimmed a bit yesterday.
Orangejulius profile picture
The likelihood that NATO and EU member states will need to increase military spending to counter Russian aggression is the primary reason. It's no surprise that when Olaf Scholz announced a return to 2%+ of GDP going to defense spending from only 1.5%, the entire defense sector jumped dramatically on an otherwise red day for the market.

The truth of the matter is that the geopolitical climate ends up influencing defense spending more than who is in the White House. Anyone selling down or shorting defense stocks just got a lesson in that.

taxman100 profile picture
@Orangejulius I'll believe it when I see it. From the U.S. perspective, the main goal of remaining in NATO is to keep Europe dependent on the United States for defense. The last thing the U.S. wants is the potential of Europe/EU becoming a competitor militarily to the U.S.

At least regarding foreign policy, Europe is somewhat a vassal state to the U.S.
taxman100 profile picture
Kind of the purpose of getting involved somewhere anywhere in the world, now that the gravy train of Afghanistan is over.

Related Stocks

SymbolLast Price% Chg
Direxion Daily Aerospace & Defense Bull 3X Shares Direxion Daily Aerospace ETF
iShares U.S. Aerospace & Defense ETF
SPDR® S&P Aerospace & Defense ETF
SPDR® S&P Kensho Future Security ETF
Invesco Aerospace & Defense ETF
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.