DFEN.DE is trading 4.2% up at $52.17 following the breakdown of U.S.-Iran peace negotiations in Doha, which has heightened global geopolitical risks.

  • The collapse of the talks boosted global defense stocks and the MarketVector Global Defense Industry Index, the underlying benchmark for the ETF.
  • Today's price action represents a significant rebound for the fund after it sustained losses over the previous month.