State Street SPDR S&P Aerospace & Defense ETF (XAR)
State Street SPDR S&P Aerospace & Defense ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $239.46, up 0.00% on the session, giving a market capitalisation of $4.04B. Its beta of 1.26 implies it has historically moved more than the broad market.
The State Street SPDR S&P Aerospace & Defense ETF (XAR) is designed to mirror the total return performance of the S&P Aerospace & Defense Select Industry Index, prior to deducting fees and expenses. This fund provides specific access to the Aerospace & Defense segment, featuring companies identified within this sector by the S&P Total Market Index. Utilizing a modified equal-weighting approach, the ETF strives to offer diversified, less concentrated exposure across large, mid, and small-capitalization stocks within the industry. This granular focus empowers investors to implement precise strategic or tactical investment maneuvers, providing a more targeted tool compared to broader sector-based investment options.
State Street SPDR S&P Aerospace & Defense ETF is most often compared with the following Financial Services names: