Key stats
About SPDR S&P Aerospace & Defense ETF
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Inception date
Sep 28, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
ISIN
US78464A6313
XAR takes a different approach to its target than other similar funds. It holds a portfolio of aerospace and defense stocks, as defined by GICS also and aims to achieve a 40/40/20 weighting among large-, mid, and small-caps respectively. The fund will generally invest substantially all, but at least 80%, of its total assets in the securities comprising the underlying index. It also tends to reach outside our definition of the segment into other sectors. As a result, it delivers diversified exposure.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Stock breakdown by region
Top 10 holdings
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XAR assets under management is 4.57 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XAR invests in stocks. See more details in our Analysis section.
XAR expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XAR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, XAR pays dividends to its holders with the dividend yield of 0.60%.
XAR shares are issued by State Street Corp.
XAR follows the S&P Aerospace & Defense Select Industry. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 28, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.