ARMY - ETF AI Analysis
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Tema International Defense ETF (ARMY)
ARMY, the Tema International Defense ETF, earns a solid overall rating largely because many of its key holdings—such as Elbit Systems, Dassault Aviation, Saab, Indra Sistemas, HENSOLDT, and BAE Systems—show strong financial performance, healthy order backlogs, and generally positive long-term outlooks. However, several of these same holdings face bearish technical trends and valuation concerns, which hold back the fund’s rating and highlight the main risk: exposure to potentially overvalued defense stocks that may be vulnerable to short-term price weakness.
ARMY vs. SPDR S&P 500 ETF (SPY)
- AUM
- 13.03M
- Region
- Global
- Expense Ratio
- 0.68%
- Beta
- 1.29
- Issuer
- Tema
- Inception Date
- Sep 25, 2025
- Dividend Yield
- N/A
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
ARMY Summary
ARMY is the Tema International Defense ETF, focused on companies in the global aerospace and defense industry rather than tracking a traditional index. It invests mainly in industrial firms tied to defense innovation across countries like the UK, Germany, and France. Well-known holdings include BAE Systems and Dassault Aviation, which make military aircraft, equipment, and related technologies. Someone might invest in ARMY to tap into potential long-term growth driven by rising global defense spending and to diversify beyond North American markets. A key risk is that defense stocks can be volatile and may rise or fall sharply with geopolitical events and market conditions.
How much will it cost me?
This ETF has an expense ratio of 0.68%, which means you’ll pay about $6.80 per year for every $1,000 invested. That’s higher than the average ETF cost because it’s actively managed and focuses on a specialized niche in international aerospace and defense companies.
What would affect this ETF?
This ETF is heavily focused on international aerospace and defense companies like BAE Systems, Saab, and Dassault Aviation, so rising global defense spending, geopolitical tensions, and advances in defense technology could support future growth. On the negative side, peace agreements, cuts to government defense budgets, stricter regulations on arms exports, or economic slowdowns in Europe and other non‑North American regions could hurt demand and weigh on the fund’s performance.
ARMY Top 10 Holdings
This ETF is tightly focused on international aerospace and defense, with names like Saab, Indra Sistemas, and HENSOLDT doing much of the heavy lifting thanks to rising share prices and strong order backlogs. Elbit Systems and Dassault Aviation have been more mixed, occasionally losing steam despite solid fundamentals, while Chemring has been a bit of a drag recently as technical pressures weigh on the stock. With most holdings clustered in European and global ex‑North America defense contractors, the fund is clearly betting on international defense spending as its main growth engine.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 IL:ESLT | Elbit Systems | 4.01% | $509.61K | ILS 117.14B | 57.88% | 73Outperform |
 FR:AM | Dassault Aviation | 3.73% | $474.00K | EUR 23.60B | 12.45% | 71Outperform |
 GB:QQ | QinetiQ | 3.75% | $476.34K | GBP 2.75B | 12.98% | 58Neutral |
 GB:CHG | Chemring | 3.70% | $470.31K | GBP 1.53B | -0.96% | 63Neutral |
 SE:SAAB.B | Saab AB | 3.66% | $465.61K | SEK 364.17B | 32.24% | 70Outperform |
 ES:IDR | Indra Sistemas | 3.63% | $461.18K | EUR 11.25B | 29.84% | 66Neutral |
 GB:BA | BAE Systems | 3.57% | $453.55K | GBP 60.55B | 11.26% | 61Neutral |
 DE:HAG | HENSOLDT AG | 3.55% | $451.45K | EUR 9.89B | -6.73% | 68Neutral |
 IT:LDO | Leonardo Spa | 3.39% | $430.53K | EUR 29.77B | 2.45% | 60Neutral |
ARMY Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ARMY, the sentiment is Neutral. The current price of 23.77 is above the 20-day moving average (MA) of 23.17, below the 50-day MA of 23.78, and below the 200-day MA of 25.39, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 54.70 is Neutral, neither overbought nor oversold. The STOCH value of 78.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ARMY.
ARMY Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| ARMY | $23.77 | $24.00(0.95% Upside) | $13.03M | 0.68% | 54Neutral |
 JOUL | $20.02 | $29.52(47.44% Upside) | $8.63M | 0.35% | 64Neutral |
 BZZ | $20.00 | $35.52(77.59% Upside) | $3.01M | 0.35% | 55Neutral |
 DOCK | $25.83 | $30.15(16.73% Upside) | $775.18K | 0.35% | 70Neutral |
 AV | $25.73 | $32.06(24.62% Upside) | $783.22K | 0.35% | 69Neutral |
 HULL | $27.64 | $31.90(15.39% Upside) | $694.93K | 0.35% | 63Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| ARMY | Tema International Defense ETF | 23.77 | -0.73 | -3.00% | |
| JOUL | Corgi High Voltage Grid Equipment ETF | 20.02 | -6.37 | -24.13% | |
| BZZ | Corgi Drones & Urban Air Mobility ETF | 20.00 | -5.60 | -21.88% | |
| DOCK | Corgi Ports, Rail & Freight ETF | 25.83 | -0.13 | -0.52% | |
| AV | Corgi Aerospace & Commercial Aviation ETF | 25.73 | -0.71 | -2.68% | |
| HULL | Corgi Shipping & Global Logistics ETF | 27.64 | 1.94 | 7.54% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.