Stock Taper
The fund aims to achieve its investment goal by allocating at least 80% of its assets and borrowings to U.S. and non-U.S. defense and related industrial equities, operating as a non-diversified fund.

An actively managed ETF aiming to maximize returns by investing in companies benefiting from global defense and security spending across aerospace, cybersecurity, and infrastructure sectors.
BlackRock launched the iShares Defense Industrials Active ETF (IDEF) on May 19, 2025, an actively managed fund designed to capitalize on increased global defense and security spending. The launch was highly notable as it occurred during a period of heightened geopolitical instability and rising defense budgets worldwide, attracting significant investor interest from those seeking to invest in the growing defense sector.
BlackRock launched the iShares Defense Industrials Active ETF (NASDAQ: IDEF) in May 2025, marking a significant entry into the actively managed thematic ETF space. This new fund is designed to offer investors precise exposure to companies positioned to benefit from shifting geopolitical dynamics, new national defense strategies, and increased global security priorities.