XAR Profile
The SPDR S&P Aerospace & Defense ETF (XAR) is a specialized exchange-traded fund designed to replicate the performance of the S&P Aerospace & Defense Select Industry Index. Launched by State Street on September 28, 2011, XAR provides investors with exposure to the U.S. aerospace and defense sector through an equal-weighted index methodology. This approach ensures that each constituent company within XAR's portfolio carries an equal influence on the fund's overall performance, diverging from traditional market-cap weighted strategies.
XAR's investment strategy focuses on capturing the growth and stability of the aerospace and defense industries, which are pivotal segments of the broader industrial sector. By investing in a diversified array of U.S.-based companies engaged in aerospace and defense manufacturing, technology, and services, XAR offers investors an opportunity to participate in sectors known for their technological innovation and strategic importance.
State Street, the issuer behind XAR, is a globally recognized leader in financial services renowned for its ETF expertise and commitment to investor success. With a comprehensive range of investment solutions, State Street leverages rigorous research and market insights to develop ETFs that cater to evolving investor preferences and market dynamics. XAR exemplifies State Street's dedication to providing transparent and efficient investment vehicles tailored to sector-specific themes.
Beyond its focus on aerospace and defense, XAR reflects State Street's broader mission to empower investors with access to strategic opportunities in specialized industries. Through XAR and its suite of ETF offerings, State Street continues to innovate and provide investors with tools to navigate and capitalize on sector-specific trends and economic developments impacting the aerospace and defense sectors globally.
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