Defense Supercycle

Primes, shipbuilders and the software that runs modern militaries.

Macro & hedgesRebalanced quarterlyv12x points

Backtested return

+19.75%

This basket +19.75%S&P 500 +2.39%

CAGR: -
Volatility: 79.4%
Max drawdown: -16.2%
Sharpe: -
Best day: +36.6%
Worst day: -8.7%

Allocation

8 assets

LMTon

Lockheed · Ondo

$620.62

+1.40% 24h

Allocation

18.0%

+16.7% 30d

RTXon

RTX · Ondo

$192.40

+0.12% 24h

Allocation

16.0%

-0.2% 30d

NOCon

Northrop Grumman · Ondo

$554.93

-0.35% 24h

Allocation

14.0%

+5.6% 30d

PLTRx

Palantir · xStocks

$198.50

-0.03% 24h

Allocation

14.0%

+4.6% 30d

GEon

General Electric · Ondo

$290.47

- 24h

Allocation

12.0%

-10.7% 30d

GDon

General Dynamics · Ondo

$339.03

- 24h

Allocation

10.0%

-4.5% 30d

CRWDon

CrowdStrike · Ondo

$259.95

-1.01% 24h

Allocation

8.0%

+1.0% 30d

BAon

Boeing · Ondo

$191.68

- 24h

Allocation

8.0%

-3.1% 30d

About this basket

Defense budgets are rising across NATO and the Pacific. Contract dollars flow to the primes first, then to the software layer.

Risks

Ondo legs fill only during US market hours.
Budget politics.

Versions

v1
Launched
Sep 27, 2026

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