↗ https://reddit.com/r/investing/comments/1tav6bi/the_military_industrial_complex_etf_wr_sharing_my/
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.