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“In the future of security, unmanned aircraft are likely to play a more significant role. Last year, the Department of Homeland Security (DHS) issued a request calling for compact drones to be used by border patrol agents,” according to State Street. “Using border patrol drones is not new—unarmed Predator drones have been used there since 2005. But drones under the DHS program would represent next-generation aircraft that can perform facial recognition and other biometrics. By 2020, the illustration below shows military drones could potentially represent 70% of the $100B drone market, according to Goldman Sachs research.”

XKFS has returned about 5.3% since coming to market in December. The ETF charges 0.45% per year, or $45 on a $10,000 investment.

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