Are there mutual funds/ETFs for weapons manufacturers?

Factual Questions
1

I enjoy trading mutual funds by sector–energy, oil,natural gas–as well as gold ETFs. Are there mutual funds that invest solely in weapons manufacturers? Seems like it would be a booming sector.

2

Well, “defense industry” would be they keyword to google.

3

There is the Fidelity Select Defense & Aerospace (FSDAX) and the appropriately titled “Vice” Fund, which invests in “gaming, alcoholic beverages, tobacco and aerospace/defense” link

I went to Morningstar.com and simply entered “Defense Industry” in their search box.

4

There’s the PowerShares Aerospace & Defense Portfolio, an ETF which trades under the ticker symbol PPA. It tracks the SPADE index which is composed of stocks in the defense, aerospace, and homeland security sectors.

Also the iShares Dow Jones US Aerospace & Defense ETF which trades under the ticker symbol ITA. It tracks, naturally enough, the Dow Jones U.S. Select Aerospace & Defense index.

5

Actually, with the Republicans likely to get kicked out of office in a year, are you sure that’s the best strategy? You’d probably have made a killing a few years ago, though…

And even then, i think the oil companies did much better than defense. Come to think of it, if Democrats pull out and Iraq/Middle East gets even more chaotic, oil might be a good investment in the future too.

6

Thanks, folks. I just got back to this thread now.