PLUS Korea Defense Industry Index ETF (KDEF)Industrials | Exchange Traded Fund | NYSEArca
47.63 USD
+0.76
(1.611%)
⇧
(June 12, 2026, 3:59 p.m.
EDT)
After hours: 47.02 -0.60 (-0.605%) ⇩ (June 12, 2026, 6:06 p.m. EDT) |
Hot Take ↕ | June 7, 2026, 5:27 a.m. EDT
The PLUS Korea Defense Industry Index ETF presents a classic case of a sector with compelling long-term themes currently punished by severe short-term momentum. While the defense narrative offers a logical long-term thesis, the price action over the last two weeks is brutal, dropping nearly 10% from a local high of $55.28 to close at $42.01. This crash has left the stock trading significantly below its 50-day and 200-day moving averages, creating a deep technical gap that will likely require significant capital inflows to fill. The options market confirms this bearish sentiment, with traders aggressively buying protection via puts while offering very little call interest, implying a fear of further downside. Although the recent drop might seem like a 'buy the dip' opportunity for value investors, the sheer speed of the decline suggests unresolved selling pressure. Until the price stabilizes above key moving averages and the options skew shifts toward bullish speculation, the risk-reward profile remains skewed against the buyer. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.115926 |
| AutoARIMA | 0.172048 |
| AutoETS | 0.172837 |
| MSTL | 0.180042 |
| MSTL_67 | 0.240877 |
Forecast horizon: 60 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 30% |
| H-stat | 6.96 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 0.89 |
| Attribute | Value |
|---|---|
| Trailing P/E | 33.29 |
As of June 7, 2026, 5:27 a.m. EDT: Speculators are positioning defensively with heavy put volume at strikes below the current price, particularly for the August and November expirations, while call activity remains sparse and concentrated at lower strikes. The implied volatility is elevated relative to the lack of call buying, suggesting a market expectation of downside pressure or stagnation rather than a breakout.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 2.963 | 6.711212 |
| Attribute | Value |
|---|---|
| All Time High | 67.41 |
| All Time Low | 21.446 |
| Ask | 47.75 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 180,450 |
| Average Daily Volume3 Month | 162,088 |
| Average Volume | 162,088 |
| Average Volume10Days | 180,450 |
| Beta3 Year | 0.0 |
| Bid | 47.5 |
| Bid Size | 200 |
| Category | Industrials |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 48.2 |
| Day Low | 46.81 |
| Dividend Yield | 1.42 |
| Eps Trailing Twelve Months | 1.4305 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 55.9559 |
| Fifty Day Average Change | -8.330898 |
| Fifty Day Average Change Percent | -0.1488833 |
| Fifty Two Week Change Percent | 12.006116 |
| Fifty Two Week High | 67.41 |
| Fifty Two Week High Change | -19.785004 |
| Fifty Two Week High Change Percent | -0.29350248 |
| Fifty Two Week Low | 37.8 |
| Fifty Two Week Low Change | 9.825001 |
| Fifty Two Week Low Change Percent | 0.25992066 |
| Fifty Two Week Range | 37.8 - 67.41 |
| First Trade Date Milliseconds | 1,738,852,200,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | PLUS ETF |
| Fund Inception Date | 1,738,627,200 |
| 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 normally invests in securities comprising the index. The index is designed to track the performance of South Korean companies that have demonstrated high relevance to defense (“Korea Defense Companies”). Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities comprising the index. The fund is non-diversified. |
| Long Name | PLUS Korea Defense Industry Index ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1911562524 |
| Nav Price | 44.65 |
| Net Assets | 156,758,160.0 |
| Net Expense Ratio | 0.65 |
| Open | 47.74 |
| Post Market Change | -0.60499954 |
| Post Market Change Percent | -1.2703402 |
| Post Market Price | 47.02 |
| Post Market Time | 1,781,301,994 |
| Previous Close | 46.87 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.755001 |
| Regular Market Change Percent | 1.61084 |
| Regular Market Day High | 48.2 |
| Regular Market Day Low | 46.81 |
| Regular Market Day Range | 46.81 - 48.2 |
| Regular Market Open | 47.74 |
| Regular Market Previous Close | 46.87 |
| Regular Market Price | 47.625 |
| Regular Market Time | 1,781,294,393 |
| Regular Market Volume | 91,463 |
| Short Name | PLUS Korea Defense Industry Ind |
| Source Interval | 15 |
| Symbol | KDEF |
| Total Assets | 156,758,160 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 33.292553 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -16.96236 |
| Trailing Three Month Returns | -16.96236 |
| Triggerable | 1 |
| Two Hundred Day Average | 51.53038 |
| Two Hundred Day Average Change | -3.9053802 |
| Two Hundred Day Average Change Percent | -0.07578792 |
| Type Disp | ETF |
| Volume | 91,463 |
| Yield | 0.014199999 |
| Ytd Return | 15.07353 |