XAR Stock Recent News
XAR LATEST HEADLINES
Defense spending hit a record $2.72T in 2024, boosting aerospace sector earnings as global tensions drive military budgets higher. ETFs like ITA, PPA and XAR are likely to gain.
A smart beta exchange traded fund, the SPDR S&P Aerospace & Defense ETF (XAR) debuted on 09/28/2011, and offers broad exposure to the Industrials ETFs category of the market.
Aerospace and defense ETFs have hit a 52-week high due to escalating geopolitical tensions. These ETFs outperformed the S&P 500 this year.
The SPDR S&P Aerospace & Defense ETF has outperformed the S&P 500 by nearly 20% since July 2023, with a +47.9% return. The defense & aerospace sector is evolving, with private companies and drone warfare driving innovation and competition for government & private contracts. XAR's diversified portfolio, including top holdings like AeroVironment, Axon Enterprise, and Boeing, offers strong growth potential and capital appreciation.
We have highlighted five ETFs from different corners of the stock market that have gained more than the S&P 500 over the past month.
Wall Street kicks off May on a strong note due to strong jobs data and trade optimism. Tech leads the charge.
The SPDR S&P Aerospace & Defense ETF (XAR) was launched on 09/28/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Aerospace & Defense segment of the equity market.
XAR is an ETF holding 35 stocks, tracking the performance of the S&P® Aerospace & Defense Select Industry® Index, with an expense ratio of 0.35%. Since January, the ETF's price has declined by nearly 10%, leading to a mean reversion of the P/E ratio. State Street's 3-5 year EPS growth estimate remains at 11%. The forward P/E is at 25, in line with the 10-year average, making XAR's price, in my view, fair value.
Look at defense ETFs as the Trump administration looks to cut U.S. military spending.
The SPDR S&P Aerospace & Defense ETF (XAR) was launched on 09/28/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Aerospace & Defense segment of the equity market.