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Defense stocks in focus as NATO preps arms deals for Trump’s Turkey visit
Seeking Alpha News (Tue, 7-Jul 2:28 AM ET)
The Select STOXX Europe Aerospace & Defense ETF (the "Fund") seeks to provide investment results that, before fees and expenses, track the total return performance of the STOXX Europe Total Market Aerospace & Defense Index (the "Index"). The Fund invests at least 80% of its total assets in the component securities of the Index. The Fund will also invest, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in exchange listed common stock or American Depository Receipts ("ADRs") of companies based (headquartered) in Europe who derive at least 50% of their revenue from the manufacture, service, supply and distribution of aeronautical equipment, components, hardware, software or electronic systems; and equipment, systems, components, infrastructure support services, and hardware, software and electronics that directly support civil and military defense efforts. The index is a subset of the STOXX Europe Total Market Index.
Select Stoxx Europe Aerospace & Defense ETF trades on the BATS stock market under the symbol EUAD.
As of July 8, 2026, EUAD stock price declined to $42.96 with 127,529 million shares trading.
EUAD has a beta of 1.28, meaning it tends to be more sensitive to market movements. EUAD has a correlation of 0.26 to the broad based SPY ETF.
EUAD has a market cap of $1.17 billion. This is considered a Small Cap stock.
EUAD has underperformed the market in the last year with a return of +1.4%, while the SPY ETF gained +21.3%. In the last 3 month period, EUAD fell short of the market, returning +2.2%, while SPY returned +13.4%. However, in the most recent 2 weeks EUAD has outperformed the stock market by returning +2.8%, while SPY returned +1.6%.
EUAD support price is $43.27 and resistance is $44.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EUAD shares will trade within this expected range on the day.
