Understanding the U.S. DEFENSE ETF (DUTY)

What this ETF is trying to do

The U.S. DEFENSE ETF (ticker: DUTY) is an exchange-traded fund listed on the NYSE. This ETF focuses on companies within the defense and security sectors. Based on its top holdings, the fund invests in various aerospace, defense, and cybersecurity companies.

Top Holdings

The following is a list of the top holdings in this ETF. Please note that this is a partial list and not all 52 holdings are shown here:

• General Dynamics Corp: 7.71%

• Lockheed Martin Corp: 7.24%

• Northrop Grumman Corp: 6.72%

• Palantir Technologies Inc (Class A): 6.70%

• L3Harris Technologies Inc: 6.68%

• Palo Alto Networks Inc: 5.28%

• Fortinet Inc: 5.23%

• Okta Inc (Class A): 5.11%

• CrowdStrike Holdings Inc (Class A): 5.01%

• Rocket Lab Corp: 4.05%

Holdings can change over time. This data was last updated on October 7, 2026.

What the numbers show

As of October 5, 2026, the current price of DUTY is $27.02.

Regarding performance, specific data for year-to-date (YTD), one-year, or three-year price returns and total returns were not supplied. Because there is no recent price history available in the data, an estimated price from roughly one year ago could not be calculated.

Income and distribution explanation

Some investors look for ETFs that pay regular cash, known as distributions. For the DUTY ETF, no distributions were detected over the last 12 months. The distribution yield is 0%, and the payout count for the year is 0. Because there are no distributions, the income rating grade for this ETF is a "D" with a score of 53.

NAV erosion explanation

NAV erosion refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

Currently, there is no severe erosion-risk flag for this ETF. However, the erosion score is withheld because there is insufficient verified price history available in the provided data.

Pros

• Sector Focus: The ETF provides exposure to a specific group of companies, including major defense contractors and cybersecurity firms.

• Diversification: With 52 total holdings, the fund spreads its investment across many different companies.

Cons

• No Reported Income: For investors seeking regular cash payments, this ETF currently shows no history of distributions.

• Limited Data: There is a lack of supplied historical price return data to track how the share price has performed over the last year or three years.

Beginner takeaway

The U.S. DEFENSE ETF (DUTY) is a fund focused on the defense and security industry. It holds many different companies, ranging from traditional aerospace firms to modern cybersecurity providers. Currently, the fund does not pay out distributions to investors and lacks sufficient historical price data in this report to determine its long-term performance trends.