Intensifying geopolitical tensions worldwide have triggered a fundamental shift in global priorities over the past decade, decisively favoring an expansion in defense budgets of nations, both developed and emerging. This heightened state of global insecurity has directly translated into an enormous surge for Defense Exchange-Traded Funds (ETFs) this year, with many of these funds significantly outperforming the broader market, as in the S&P 500's year-to-date return of 13.8%. The Drivers Behind the Outperfo ...

The recently signed U.S.-UK Technology Prosperity Deal (“TPD”) should fuel significant growth in defense exchange-traded funds (“ETFs”), as both these nations agreed to collaborate on strengthening their respective defense bases. This landmark agreement, with a combined investment of over $350 billion from the private and public sectors, will particularly benefit defense companies that leverage artificial intelligence (AI) and data analytics.The Rise of AI in DefenseIn recent times, AI-driven defense compan ...

行业估值分析 - 国防板块股票当前估值过高 其远期市盈率高于行业平均水平[1] - 行业估值包含显著的战争风险溢价[1] - 地缘政治因素（特朗普-普京-泽连斯基三角关系）极易引发市场波动率飙升[1] 研究背景 - 该分析属于金融分析与量化研究专栏 特别关注资产管理行业[1] - 研究结合严格的数据分析与可操作的投资观点 提供ETF等资产管理工具评级[1] - 研究目标是为投资者提供数据驱动的市场视角 帮助其做出明智决策[1]