SPDR® S&P Aerospace & Defense ETF company info

What does SPDR® S&P Aerospace & Defense ETF do?
SPDR® S&P Aerospace & Defense ETF (NYSE:XAR) is an exchange-traded fund focused on providing investment opportunities in the aerospace and defense sector. The fund primarily invests in companies involved in the manufacture, design, and distribution of products and services for the aerospace and defense industries. With a strategy aimed at tracking the performance of the S&P Aerospace & Defense Select Industry Index, XAR seeks to offer investors exposure to a vital segment of the economy that includes both commercial and military applications. The objective is to replicate the performance of its underlying index, thereby providing investors with the potential for growth by capitalizing on sector trends and developments. Through its targeted investments, XAR aims to be a strategic choice for those looking to diversify their portfolios with aerospace and defense holdings.
SPDR® S&P Aerospace & Defense ETF company media
Company Snapshot

Is SPDR® S&P Aerospace & Defense ETF a public or private company?

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Ownership
Public

How many people does SPDR® S&P Aerospace & Defense ETF employ?

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Employees
2,301

What sector is SPDR® S&P Aerospace & Defense ETF in?

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Sector
ETF

Where is the head office for SPDR® S&P Aerospace & Defense ETF?

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Head Office
Boston, United States

What year was SPDR® S&P Aerospace & Defense ETF founded?

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Year Founded
2011
What does SPDR® S&P Aerospace & Defense ETF specialise in?
/Investment Fund /Sector ETF /Aerospace Exposure /Defense Sector /Portfolio Diversification /Equity Securities

What are the products and/or services of SPDR® S&P Aerospace & Defense ETF?

Overview of SPDR® S&P Aerospace & Defense ETF offerings
Targeted Exposure to Aerospace & Defense Companies: XAR invests in a basket of U.S. companies involved in the aerospace and defense industries. This allows investors to gain exposure to the performance of these sectors without needing to research and select individual companies.
Diversification: XAR holds a diversified portfolio of aerospace and defense companies across various sub-sectors.
Potential for Capital Appreciation: XAR aims to track the performance of the underlying aerospace and defense sectors and potentially benefit from the growth of these companies over time.
Dividend Income Potential: Some aerospace and defense companies pay dividends to their shareholders. While not guaranteed, XAR offers the potential to receive dividend income from the underlying companies it holds.
Exchange-Traded: Shares of XAR are traded on a stock exchange like any other stock, allowing for easy buying and selling throughout the trading day. This provides flexibility for investors managing their portfolios.
Transparency: The holdings of the ETF are publicly disclosed, allowing investors to understand the specific aerospace and defense companies they are indirectly invested in through XAR.