U.S. Global Technology and Aerospace & Defense ETF

WAR

Market cap $36.5M

According to the Stockholm International Peace Research Institute, military spending around the world is rising rapidly, having reached $2.9 trillion in 2025. Europe has led the way in this growth, with a 14% year-over-year (YOY) increase in military spending from 2024 to 2025.

Small caps are leading markets in 2026. Finance, aerospace and industrial sectors stand out with strong earnings momentum.

U.S. Global Investors (NASDAQ:GROW) announced on Tuesday two developments in its exchange-traded fund (ETF) lineup.

Look at Aerospace and Defence ETFs as the U.S. and Saudi Arabia enter into a $142 billion defense sales deal, the largest defense sales agreement in U.S. history.

Cinthia Murphy says ETFs have been focused on small caps and defensive plays recently, though she points out that inflows are a lagging effect. She says there's been less of a rotation across sectors than an expansion, and that there have already been $60B in ETF inflows since 2025 began.

Frank Holmes of U.S. Global Investors says there's a "red and gold" war between China and Russia. It's this among other geopolitical tensions that his firm launched the WAR ETF, which uses A.I., cybersecurity and aerospace names to measure global conflicts. Frank goes through the "technological build" of the U.S. military as a way to show why the ETF reaches into those specific fields.

U.S. Global Investors (NASDAQ:GROW) announced the launch of its first actively managed exchange-traded fund, the U.S.

On Monday, U.S. Global Investors expanded its fund library with the release of the U.S. Global Technology and Aerospace & Defense ETF (WAR). WAR is an actively managed fund that seeks to generate exposure to the aerospace, advanced technology, and defense sectors.

San Antonio, TX, Dec. 30, 2024 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (Nasdaq: GROW) (“the Company”), a registered investment advisory firm[1] known for its thematic ETFs, is excited to announce the launch of its first actively managed exchange-traded fund, the U.S. Global Technology and Aerospace & Defense ETF ( NYSE: WAR ) [this will link to the WAR fund page], which begins trading today on the New York Stock Exchange (NYSE). The launch builds on the Company's success with its billion-dollar U.S. Global Jets ETF (NYSE: JETS) and emphasizes its ability to create resilient, dynamic products.