The geopolitical risk premium has been repriced higher and I don't think it goes back down.
$WR is my way of having defense exposure without picking individual contractors. Lockheed's F-35 program, Raytheon's missile systems, L3Harris's electronics – all in there.
I think of it as insurance that actually has return potential.
The military industrial complex ETF ($WR) – sharing my thesis
byu/Necessary-Two7299 ininvesting
Posted by Necessary-Two7299
2 Comments
Have you looked at the full holdings list?
The structural demand drivers here are multi-year, not cyclical.