This ETF offers targeted exposure to the aerospace & defense sector, a corner of the domestic economy that is capable of generating significant returns but that may also be subject to political risk in certain environments. Given the narrow focus of XAR—as well as the fact that the fund focuses primarily on large cap stocks—there might be little use for this fund in long-term, buy-and-hold portfolios (since most of the stocks held in XAR are already included in broad-based equity funds). This ETF can, however, be a useful tool for tactical traders looking to overweight this corner of the market.
For investors seeking broad-based exposure to the industrials sector, there are a number of options available in the Industrials ETFdb Category. And there are other targeted aerospace and defense ETFs as well, including the more established ITA and PPA. This ETF from State Street stands out from the competition in a couple of ways. First, the underlying index is equal-weighted, giving this fund a balanced portfolio that avoids significant company specific risk (and may address concerns about the efficiency of cap-weighted benchmarks). Second, XAR is cheaper than the competition, an obvious plus for those seeking to minimize expenses.
Given the targeted focus of this fund, XAR probably isn’t for everyone. But for investors looking to access the aerospace & defense sector, this fund is the best option out there.
| Segment | Equity: U.S. Aerospace & Defense |
| Category | Sector |
| Focus | Industrials |
| Niche | Aerospace & Defense |
| Strategy | Equal |
| Weighting Scheme | Equal |
This section compares how balanced and deep this ETF is relative to its peers.
| XAR | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 33 | 97 | 31 |
| % of Assets in Top 10 | 42.32% | 41.67% | 46.15% |
| % of Assets in Top 15 | 61.61% | 54.10% | 58.24% |
| % of Assets in Top 50 | 99.98% | 88.80% | 79.91% |
| XAR | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 43.90% | 60.44% | 50.84% |
| Mid (>2.7B) | 37.36% | 27.72% | 22.86% |
| Small (>600M) | 18.31% | 9.92% | 6.07% |
| Micro (<600M) | 0.32% | 1.33% | 0.14% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| XAR | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.12 | $ 0.34 | $ 0.10 |
| Dividend Date | 2023-03-20 | N/A | N/A |
| Annual Dividend Rate | $ 0.54 | $ 0.96 | $ 0.48 |
| Annual Dividend Yield | 0.47% | 1.88% | 0.50% |
View charts featuring XAR price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: -8.59 M 3 Month Net Flows: 30.44 M 6 Month Net Flows: 65.8 M 1 Year Net Flows: 46.26 M 3 Year Net Flows: -95.16 M 5 Year Net Flows: 110.32 M 10 Year Net Flows: 1.13 BView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 39.03 MThe adjacent table gives investors an individual Realtime Rating for XAR on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Industrials Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| XAR |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -1.98% | -2.00% | -3.11% |
| 3 Month Return | -4.86% | -3.12% | -4.48% |
| YTD Return | 3.37% | 4.51% | -0.26% |
| 1 Year Return | 11.04% | 5.79% | 6.07% |
| 3 Year Return | 12.66% | 11.90% | 6.83% |
| 5 Year Return | 5.80% | 4.19% | 2.69% |
The following charts reflect the geographic spread of XAR's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 99.98% |
| Country | Percentage |
|---|---|
| United States | 99.87% |
| Other | 0.11% |
The following charts reflect the allocation of XAR's underlying holdings.
| Sector | Percentage |
|---|---|
| Electronic Technology | 86.62% |
| Producer Manufacturing | 4.68% |
| Utilities | 4.32% |
| Technology Services | 3.81% |
| Commercial Services | 0.44% |
| Miscellaneous | 0.11% |
| Market Cap | Percentage |
|---|---|
| Large | 43.9% |
| Mid | 37.36% |
| Small | 18.31% |
| Micro | 0.32% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.87% |
| Open-ended Fund | 0.11% |
| Sector | Percentage |
|---|---|
| Electronic Technology | 86.62% |
| Producer Manufacturing | 4.68% |
| Utilities | 4.32% |
| Technology Services | 3.81% |
| Commercial Services | 0.44% |
| Miscellaneous | 0.11% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 194.96% |
| 20 Day Volatility | 17.72% |
| 50 Day Volatility | 18.51% |
| 200 Day Volatility | 17.57% |
| Beta | 1.09 |
| Standard Deviation | 7.17% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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