XAR
State Street SPDR S&P Aerospace & Defense ETF
SPDR S&P Aerospace & Defense ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the performance of the S&P Aerospace & Defense Select Industry Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 5.8 B
ASSETS UNDER MGMT
35 bp
EXPENSES
Fund Basics
| Inception date | Sep 28, 2011 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| BWX TECHNOLOGIES, INC. | 3.6 % |
| ROCKET LAB CORP | 3.6 % |
| HEXCEL CORP | 3.6 % |
| BOEING CO | 3.5 % |
| CARPENTER TECHNOLOGY | 3.5 % |
| CURTISS-WRIGHT CORP | 3.4 % |
| TEXTRON INC | 3.3 % |
| ALLEGHENY TECHNOLOGIES INC | 3.2 % |
| GENERAL DYNAMICS CORP | 3.2 % |
| HOWMET AEROSPACE INC. | 3.1 % |
Constituent Breakdown
| Number of holdings | 37 |
| Herfindahl-Hirschman Index | 281 |
| Wgt avg mkt cap (mns) | $50,372 |
| Large cap (>$10bn) | 66.8% |
| Mid cap ($2-10bn) | 14.8% |
| Small cap (<$2bn) | 4.8% |
| Developed mkts. | 86.5% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 88.8 % |
 |
PUERTO RICO | 0.7 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 7.4% | 51.6% | 38.0% | 31.3% | 15.1% | 16.9% | -- | 17.3% |
| Dividend Yield | 0.0% | 0.6% | 0.8% | 0.7% | 0.6% | 0.9% | -- | 1.3% |
| Total Returns | 7.5% | 52.2% | 38.8% | 32.0% | 15.7% | 17.8% | -- | 18.6% | Ann. Volatility | 33.3% | 25.8% | 25.2% | 22.6% | 23.2% | 24.5% | -- | 22.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.30 | 39% |
| MSCI EAFE | 1.02 | 33% |
| MSCI Emg Mkts | 0.75 | 29% |
Liquidity Measures
| Avg. volume (000) | 213 |
| ADV traded (mns) | $54 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.10% |
Technical Indicators
| 30d moving avg. (EMA) | $264.12 |
| Relative strength (RSI) | 46 |
| MACD/Signal | -3.20/-1.85 |
| Bollinger Bands (Upper/Lower) | $281.72/$249.38 |
| Short interest (% of AUM) | 0.5% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. XAR |
Expenses vs. XAR |
ALTAR Score™ vs. XAR |
|---|---|---|---|---|
| ITA | iShares U.S. Aerospace & Defense ETF | 50.7% | +5 bp | -0.2% |
| MISL | First Trust Indxx Aerospace & Defense ETF | 47.7% | +25 bp | +0.0% |
| PPA | Invesco Aerospace & Defense ETF | 44.5% | +23 bp | +0.1% |
| NATO | Themes Transatlantic Defense ETF | 36.9% | 0 bp | +0.3% |
| ROKT | State Street SPDR S&P Kensho Final Frontiers ETF | 35.9% | +10 bp | -1.0% |
| SHLD | Global X Defense Tech ETF | 26.2% | +15 bp | +1.1% |
| FITE | State Street SPDR S&P Kensho Future Security ETF | 23.9% | +10 bp | -0.2% |
| DGLO | First Trust RBA Deglobalization ETF | 20.0% | +35 bp | +3.3% |
| FIDU | Fidelity MSCI Industrial Index ETF | 19.5% | -27 bp | +2.0% |
| PRN | Invesco Dorsey Wright Industrials Momentum ETF | 19.2% | +25 bp | -0.4% |
Risk and Returns: XAR vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/5/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
2.3%
ALTAR SCORE™
6th
PERCENTILE
AVOID
ETFRC RATING
There are 1,204 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. XAR's ALTAR Score™ is approximately -1.5 standard
deviations above the category average. This places XAR in the 6th percentile
among funds in the category.
Sell-Side Consensus
$310.94
PRICE TARGET
+22.1%
UPSIDE