Defense is a crucial aspect of any country's security and stability. As global tensions and conflicts continue to rise, the defense industry is also expected to grow rapidly. This makes investing in defense stocks and ETFs a smart choice for many investors.

Defense ETFs, or exchange-traded funds, are a type of investment that tracks a particular index or sector, in this case, the defense sector. These ETFs offer a diverse portfolio of companies operating in the defense industry, making them a low-risk investment option for investors.

Here are the top 10 defense ETFs and their positive benefits for investors:

1. iShares U.S. Aerospace and Defense ETF (ITA):

ITA is the largest defense ETF, with over $7.5 billion in assets under management. It tracks the performance of U.S. companies involved in aerospace and defense, including major players like Boeing, Lockheed Martin, and Raytheon. ITA has a diverse portfolio, reducing the risk for investors, and has consistently performed well over the years.

2. SPDR S&P Aerospace & Defense ETF (XAR):

XAR follows a modified equal-weighted approach, giving equal weight to all companies in its portfolio. This allows smaller companies to have a more significant impact on the fund's performance, providing investors with a more diverse investment option.

3. PowerShares Aerospace & Defense ETF (PPA):

PPA tracks the performance of U.S. companies engaged in the production and servicing of military weapons and systems. It has a global approach, with about 35% of its assets invested in international companies. This global diversification can provide investors with exposure to different markets and potential for growth.

4. iShares U.S. Military & Defense ETF (USMI):

USMI invests in companies involved in the production, servicing, or distribution of products and services related to the U.S. military. Its portfolio includes both large and small companies, giving investors a balanced exposure to the defense industry.

5. Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN):

DFEN is a leveraged ETF that aims to provide daily investment results three times the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index. This ETF is ideal for investors looking to magnify their returns but comes with a higher level of risk.

6. VanEck Vectors BDC Income ETF (BIZD):

BIZD is a Business Development Company (BDC) ETF, which provides financing and other financial services to small and mid-sized businesses in the defense sector. It offers investors a unique opportunity to invest in companies that support the defense industry, rather than just manufacturing or supplying.

7. Competitive Gaming ETF (HERO):

HERO is a relatively new ETF that invests in companies involved in video gaming and eSports, including those that produce video games with military-themed content. With the rise of competitive gaming and eSports, this ETF offers investors a unique exposure to the growing intersection of gaming and the defense industry.

8. iShares Global Industrials ETF (EXI):

EXI tracks the performance of the S&P Global Industrials Index and includes defense companies from around the world. This ETF allows investors to gain exposure to international defense companies and diversify their portfolio.

9. KraneShares MSCI All China Health Care ETF (KURE):

KURE invests in companies involved in the healthcare sector in China, including companies that produce medical supplies for the country's military. As China continues to increase its defense budget, this ETF offers investors exposure to a growing market.

10. SPDR S&P Health Care Services ETF (XHS):

XHS invests in companies involved in the healthcare services sector, including those that provide healthcare benefits to military personnel. With healthcare being a crucial aspect of defense, this ETF can provide investors with a unique investment option.

In conclusion, investing in defense ETFs can offer numerous positive benefits to investors. These top 10 defense ETFs offer diversification, potential for growth, exposure to international markets, and unique investment options. As global tensions continue to rise, the defense sector is expected to grow further, making these ETFs a promising investment for the future. However, investors are always advised to do their research and consult with a financial advisor before making any investment decisions.