(Alliance News) - The defense sector has become an increasingly strategic area for investment, prompting ETF management companies to explore ever more specialized niches.
In this context, as Milano Finanza reported on Friday, the Hanetf Drone ETF makes its debut today on Piazza Affari, designed to offer direct exposure to global companies involved in the development of drones and unmanned aerial vehicles.
The portfolio is comprised of over 40% small-cap stocks, aiming to prioritize companies for which the drone business is central. The ETF also features a total expense ratio of 0.69%.
According to Tom Bailey, head of research at Hanetf, commercial drone usage is expected to grow faster than military demand, with applications ranging from construction and industrial inspections to agriculture and logistics.
By Claudia Cavaliere, Alliance News reporter
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