Equity

IDEF

iShares Defense Industrials Active ETF ACTIVE

Add to Compare
  • NAV as of Jun 11, 2025 $26.53
  • 1 Day NAV Change as of Jun 11, 2025 0.11 (0.43%)
  • Fees as stated in the prospectus Expense Ratio: 0.55%

Overview

Why IDEF?

1. Harness a long-term theme: Pursue growth opportunities by investing in companies that may benefit from increased government spending on defense and security amid geopolitical fragmentation and economic competition.

 

2. Active approach: Gain global exposure to companies across aerospace, defense, infrastructure, and cybersecurity.

 

3. Seek to bolster your portfolio: Use IDEF to potentially provide resilience to your portfolio during geopolitical uncertainty.

INVESTMENT OBJECTIVE

The iShares Defense Industrials Active ETF seeks to maximize total return by investing in companies that Fund management believes are well-positioned to benefit from increased global defense and security spending.
Loading

Performance

Performance

Growth of Hypothetical $10,000

View full chart
The Hypothetical Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be found in the Performance section.

Distributions

This fund does not have any distributions.
Record Date Ex-Date Payable Date Total Distribution Income ST Cap Gains LT Cap Gains Return of Capital

Premium/Discount

View full chart
  1y 3y 5y 10y Incept.
Total Return (%)

as of May 31, 2025

- - - - -
Market Price (%)

as of May 31, 2025

- - - - -
Benchmark (%)

as of May 31, 2025

- - - - -
After Tax Pre-Liq. (%)

as of May 31, 2025

- - - - -
After Tax Post-Liq. (%)

as of May 31, 2025

- - - - -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%)

as of May 31, 2025

- - - - - - - - 3.12
Market Price (%)

as of May 31, 2025

- - - - - - - - 3.35
Benchmark (%)

as of May 31, 2025

- - - - - - - - -0.27
After Tax Pre-Liq. (%)

as of May 31, 2025

- - - - - - - - 3.12
After Tax Post-Liq. (%)

as of May 31, 2025

- - - - - - - - 1.85
Performance data is not currently available
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

The ETF total return may appear to diverge from the return of its benchmark. This may be due to the use of systematic fair value. Click here for more information

The ETF total return is based on the ETF’s net asset value, which uses systematic fair value to price certain foreign assets as of 4:00 p.m. Eastern time (when foreign markets may be closed). The benchmark return uses local market closing prices which may differ from systematic fair value prices. This difference may result in divergence of ETF total return and benchmark return. For more information, please consult the fund’s prospectus. Institutional Non-Fair Value Impact Report

Key Facts

Key Facts

Net Assets of Fund
as of Jun 11, 2025
$16,980,081
Exchange
NASDAQ
Benchmark Index
MSCI All Country World Index (Net Total Return) (USD)
Distribution Frequency
Semi-Annual
CUSIP
09290C699
Non-FV NAV
as of Jun 11, 2025
26.53
30 Day Median Bid/Ask Spread
as of Jun 11, 2025
0.26%
Fund Inception
May 19, 2025
Asset Class
Equity
Shares Outstanding
as of Jun 11, 2025
640,000
Premium/Discount
as of Jun 11, 2025
0.21
Closing Price
as of Jun 11, 2025
26.59
30 Day Avg. Volume
as of Jun 11, 2025
23,577.00
Daily Volume
as of Jun 11, 2025
9,770.00

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Jun 11, 2025
124
30 Day SEC Yield
as of -
-
Equity Beta (3y)
as of -
-
Standard Deviation (3y)
as of -
-
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Management Fee 0.55%
Acquired Fund Fees and Expenses 0.00%
Other Expenses 0.00%
Expense Ratio 0.55%

The amounts shown above are as of the current prospectus, but may not include extraordinary expenses incurred by the Fund over the past fiscal year. Amounts are rounded to the nearest basis point, which in some cases may be "0.00".

Ratings

Holdings

Holdings

Ticker Name Type Sector Asset Class Market Value Weight (%) Notional Value Quantity CUSIP ISIN SEDOL Price Location Exchange Currency FX Rate Accrual Date Strike price
Detailed Holdings and Analytics
Holdings are subject to change.


The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Holdings data shown reflects the investment book of record, which may differ from the accounting book of record used for the purposes of determining the Net Assets of the Fund. Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.

Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

“Quantity” represents the number of shares, units or contracts of the corresponding security, as applicable per security type.

Exposure Breakdowns

Exposure Breakdowns

as of Jun 11, 2025

% of Market Value

Type Fund
as of Jun 11, 2025

% of Market Value

Type Fund
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product's total holdings, excluding currency holdings. Percentages do not reflect fair valuation. In some instances, percentages may reflect the location where the issuer of the securities carries out much of their business. Bonds are included in U.S. bond indices when the securities are denominated in U.S. dollars regardless of the domicile of the issuer.
Allocations are subject to change.

READY TO INVEST?

READY TO INVEST?

There are many ways to access iShares ETFs. Learn how you can add them to your portfolio.

Buy IDEF Buy IDEF

Contact your advisor

Contact a financial professional to discuss how iShares ETFs and ETPs can fit in your investment portfolio.

Buy through your brokerage

iShares funds are available through online brokerage firms.

All iShares ETFs and ETPs trade commission free online through Fidelity.

By clicking on the button below, you will leave BlackRock’s website.

Buy now on Fidelity

Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses, which may be obtained by visiting the iShares ETF and BlackRock Fund prospectus pages. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal.

Any links to third-party websites are provided for use at your own discretion. Each third party is solely responsible for the content presented and availability of its website. BlackRock does not control, monitor or maintain third-party websites, their content or the products/services they offer. Content may change without notice. When you leave BlackRock’s website and enter a third-party website, you will be subject to that site’s terms, policies and/or notices, including those related to privacy and security, as applicable. Please review those policies and notices on the third-party website.

Before engaging Fidelity or any broker-dealer, you should evaluate the overall fees and charges of the firm as well as the services provided. Free commission offer applies to online purchases of select iShares ETFs in a Fidelity account. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain Fidelity Brokerage Services platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF’s prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

©2024 BlackRock, Inc or its affiliates. All Rights Reserved. BLACKROCK, iSHARES, iBONDS, LIFEPATH, ALADDIN and the iShares Core Graphic are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.

iCRMH1124U/S-3985892

Portfolio Managers

Portfolio Managers

Simon Wan
Simon Wan
Managing Director, Multi-Asset Strategies and Solutions

  

Read More

Simon Wan, PhD, Managing Director, is a member of the Global Tactical Asset Allocation (GTAA) team within BlackRock's Multi-Asset Strategies and Solutions (MASS) group, which is responsible for developing, assembling, and managing investment strategies involving multiple asset classes. Prior to joining BlackRock, Simon was an Economist at Exane BNP Paribas in London, primarily covering the US, UK and Eurozone as well as G3 FX and Rates. He was also a lecturer in economics at Balliol College, Oxford. Simon earned a BA (Hons) in Philosophy, Politics & Economics, an MPhil in Economics, and a DPhil in Economics from the University of Oxford.

Yasmin Meissner, CFA
Yasmin Meissner, CFA
Director, Multi-Asset Strategies and Solutions

  

Read More

Yasmin Meissner, CFA, Director, is a portfolio manager on the Diversified Strategies team within the Multi-Asset Strategies and Solutions group. Yasmin earned a BA degree in Politics, Philosophy and Economics from the University of Oxford, holds the Investment Management Certificate (IMC), and is a CFA Charterholder. She joined BlackRock in 2013 as a portfolio manager in Client Portfolio Solutions and moved to the Diversified Strategies team in July 2021. Before joining BlackRock, Yasmin was a telecoms analyst at Perella Weinberg Partners.

Lucy Parker, CFA
Lucy Parker, CFA
Vice President, Multi-Asset Strategies and Solutions

  

Read More

Lucy Parker, CFA, Vice President, is a portfolio manager in the Diversified Strategies team within BlackRock's Multi-Asset Strategies & Solutions group. Lucy holds an MChem in Chemistry from the University of Oxford and is a CFA Charterholder. She joined BlackRock in 2020 after interning with the firm during the summer of 2019.

Literature

Literature