iShares Defense Industrials Act (IDEF)Industrials | Exchange Traded Fund | NasdaqGM
33.30 USD
-0.44
(-1.304%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 35.84 +2.54 (7.628%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:28 a.m. EDT
The iShares Defense Industrials Act ETF presents a classic case of a thematic trade lacking fundamental traction. While recent headlines regarding geopolitical tensions and potential military actions provide a narrative hook, the underlying data tells a different story. The fund has generated zero cumulative return over its entire existence, suggesting the market has already priced in the 'defense premium' or views the current bid as insufficient relative to the cost basis. Furthermore, the security is trading at a significant discount to its 52-week high, yet it offers a paltry 0.33% dividend yield, which fails to compensate investors for the capital loss incurred since inception. With virtually no options activity to signal institutional conviction or hedging, and a statistical forecast showing no directional edge, there is no compelling case for a near-term bounce or a long-term hold. The asset appears to be a dormant vehicle waiting for a catalyst that has yet to materialize in terms of price appreciation. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.062613 |
| AutoETS | 0.063470 |
| AutoTheta | 0.074527 |
| AutoARIMA | 0.090862 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 56% |
| H-stat | 1.62 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.390 |
| Excess Kurtosis | 0.18 |
| Attribute | Value |
|---|---|
| Trailing P/E | 34.86 |
As of Aug. 22, 2026, 3:28 a.m. EDT: Options activity is extremely sparse with negligible volume and open interest across all expirations. The implied volatility surface is flat and low, indicating a lack of speculative positioning or hedging demand. There is no discernible directional bias from the options chain.
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-15 | 0.054 | 0.165543 |
| 2025-12-16 | 0.052 | 0.172277 |
| Attribute | Value |
|---|---|
| All Time High | 36.88 |
| All Time Low | 24.97 |
| Ask | 34.64 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 400,280 |
| Average Daily Volume3 Month | 616,258 |
| Average Volume | 616,258 |
| Average Volume10Days | 400,280 |
| Beta3 Year | 0.0 |
| Bid | 34.19 |
| Bid Size | 1 |
| Category | Industrials |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 33.71 |
| Day Low | 33.14 |
| Dividend Yield | 0.33 |
| Eps Trailing Twelve Months | 0.95521003 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 32.86128 |
| Fifty Day Average Change | 0.4387207 |
| Fifty Day Average Change Percent | 0.013350689 |
| Fifty Two Week Change Percent | 14.319062 |
| Fifty Two Week High | 36.88 |
| Fifty Two Week High Change | -3.5800018 |
| Fifty Two Week High Change Percent | -0.09707163 |
| Fifty Two Week Low | 28.54 |
| Fifty Two Week Low Change | 4.7599983 |
| Fifty Two Week Low Change Percent | 0.16678339 |
| Fifty Two Week Range | 28.54 - 36.88 |
| First Trade Date Milliseconds | 1,747,834,200,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.440002 |
| Fullday Change Percent | -1.3041 |
| Fullday Price | 35.84 |
| Fund Family | BlackRock |
| Fund Inception Date | 1,747,612,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. and non-U.S. defense and related industrials companies. The fund is non-diversified. |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1935637303 |
| Nav Price | 33.71525 |
| Net Assets | 4,263,226,880.0 |
| Net Expense Ratio | 0.55 |
| Open | 33.71 |
| Post Market Change | 2.540001 |
| Post Market Change Percent | 7.6276307 |
| Post Market Price | 35.84 |
| Post Market Time | 1,787,961,548 |
| Previous Close | 33.74 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.44000244 |
| Regular Market Change Percent | -1.3040973 |
| Regular Market Day High | 33.71 |
| Regular Market Day Low | 33.14 |
| Regular Market Day Range | 33.14 - 33.71 |
| Regular Market Open | 33.71 |
| Regular Market Previous Close | 33.74 |
| Regular Market Price | 33.3 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 360,887 |
| Short Name | iShares Defense Industrials Act |
| Source Interval | 15 |
| Symbol | IDEF |
| Total Assets | 4,263,226,880 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 34.861443 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -2.6581 |
| Trailing Three Month Returns | -2.6581 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.106796 |
| Two Hundred Day Average Change | 0.19320297 |
| Two Hundred Day Average Change Percent | 0.0058357497 |
| Type Disp | ETF |
| Volume | 360,887 |
| Yield | 0.0033000002 |
| Ytd Return | 5.40364 |