Global X Defense Tech ETF (SHLD)

We've had lots of conflicts and we'll see how they evolve. He's not a policy expert, but we've seen so many drones come in. Iran sending out $30k drones, and the US shooting them down with $1M missiles, doesn't make sense in the long run. The nature of warfare is evolving. And that's why he prefers ETFs for this space, he doesn't know who the winning companies will be.

Really, really likes the sector. You're not late to the party at all. How can you not like AI, war, aerospace, and cyber all in one? MER is 50 bps. Top holding is PLTR, which has been the true market leader of this market (AI + war). That area will probably see continued benefit moving forward. 

This is more an "explore" piece of your portfolio. This sector is pretty bullish; pullbacks are few and far between, so gaining a position can be tricky. Start small, and build a position as it becomes profitable for you.

A large US ETF. This could be a big theme with more government spending. Overall, good to play the defence theme.

Money will rush into these sectors when there are geopolitical risks out there. The themes around these types of events (especially geopolitical or weather) are things you want to rent, not own. They rise on a shock, not on sustained growth. They'll get very overvalued on speculation of more revenue coming into the sector, and then things calm down and they come back to earth.

This one's a fine vehicle, if you want to play the thematic sector for a trade. Probably holds international stocks, but largely American.

Likes it specifically because it has no airliners, simply weapons. Tanks, artillery, guidance systems, etc. Very good mix of defense weapons contractors. International, with both US and European companies.