WisdomTree Europe Defense Fund
WisdomTree Europe Defense Fund (AMEX: WDEF) is an exchange-traded fund listed on NYSE Arca, trading at $28.75 (about ₹2,757 a unit) as of 25 Sep 2026, 3:54 PM ET. It has an expense ratio of 0.45%. Indian residents can buy WDEF through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$28.50
Today's high
$29.00
52 week low
$26.25
52 week high
$34.74
WDEF opened at $29.00, closed previously at $28.75, and has traded between $26.25 and $34.74 over the past 52 weeks.
About
The WisdomTree Europe Defense Fund (WDEF) utilizes a passive management approach, aiming to invest in companies operating within the European defense industry. Instead of holding every single constituent, the fund employs a representative sampling methodology to closely mirror the risk and return characteristics of its underlying index. For a company to be eligible for inclusion, it must be listed in a European country, satisfy specific minimum requirements for size and liquidity, and generate at least 10% of its total revenue from defense-related activities. Eligible securities are then classified into three distinct categories based on their percentage of defense revenue: Category 1 represents 12-25% exposure, Category 2 covers 25-50%, and Category 3 includes those with over 50%. The index imposes individual concentration limits, setting a maximum of 12.5% for companies in the highest exposure Category 3 and 4.5% for those in Categories 1 and 2. Portfolio holdings are predominantly weighted by their free-float market capitalization, with a further adjustment based on their specific level of defense revenue exposure. The underlying index is subject to rebalancing twice per year, specifically in March and September.
Key statistics
Expense ratio
0.45%
Assets (AUM)
$84.5M
Holdings
—
NAV
$29.13
Avg. volume
—
1-year price change
-12.41%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 63.1% of the fund.
Where the money is invested
Countries
How to buy WDEF from India
Indian residents can buy WDEF units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search WDEF and buy
Find the fund by its ticker, WDEF, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in WDEF from India
Trading and taxes when buying WDEF from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the WDEF price today?
WisdomTree Europe Defense Fund (WDEF) last traded at $28.75 on NYSE Arca, as of 25 Sep 2026, 3:54 PM ET. That is ₹2,757 a unit at the 25 Sep 2026 USD/INR rate.
When does WDEF trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is WDEF, and what does it cost to hold?
WisdomTree Europe Defense Fund manages about $84.5M. Its expense ratio is 0.45% a year, deducted inside the fund. It launched in 2025.
What are WDEF's largest holdings?
The top three are BAE Systems PLC (10.1%), Thales SA (10.0%) and Rheinmetall AG (9.5%). WDEF's 10 largest positions make up 63.1% of the fund.
Does WDEF pay dividends?
Yes. WDEF is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on WDEF taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of WDEF?
Yes. You can buy WDEF by amount rather than by whole unit, and there is no minimum trade size.
How has WDEF performed?
WDEF's price is down 12.4% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.