XAR 📈 SPDR S&P Aerospace & Defense - Overview

The SPDR S&P Aerospace & Defense ETF (NYSE ARCA:XAR) is an exchange-traded fund (ETF) that aims to replicate the performance of the S&P Aerospace & Defense Select Industry Index. To achieve this, the fund uses a sampling strategy, investing at least 80% of its total assets in the securities that make up the index.

The S&P Aerospace & Defense Select Industry Index is a subset of the S&P Total Market Index (S&P TMI), which represents the aerospace and defense sector. This sector includes companies involved in the research, development, and manufacturing of aircraft, spacecraft, missiles, and defense systems, as well as providers of defense-related services.

By tracking this index, the ETF provides investors with exposure to a diverse range of companies operating in the aerospace and defense industry. This can include major defense contractors, aircraft manufacturers, and satellite operators, among others.

The fund is listed on the NYSE ARCA exchange under the ticker symbol XAR and is domiciled in the United States. For more information, investors can visit the fund's website at http://www.spdrs.com.