XAR - XAR: A Good Balanced Approach To An Industry That Won't Stop
2024-05-06 11:13:32 ET
Summary
- The SPDR S&P Aerospace & Defense ETF offers targeted exposure to the aerospace and defense sector, allowing investors to capitalize on its growth potential.
- XAR provides diversification within the sector by including large, mid, and small-cap companies, mitigating concentration risk.
- XAR offers liquidity and cost-efficiency as an ETF traded on major exchanges with a low expense ratio of 0.35%.
The aerospace and defense industry is an industry that is not going away. There's far too much importance in a competitive world to this part of the economy, given governmental focus on national security and the continuous push for cutting-edge engineering. If anything, the AI race is only going to accentuate this. That's why the SPDR S&P Aerospace & Defense ETF ( XAR ) is worth considering. XAR is a passively managed exchange-traded fund that seeks to replicate the performance of the S&P Aerospace & Defense Select Industry Index. This index includes a screened selection of companies operating within the aerospace and defense sub-industries, offering investors diversified exposure to this highly important sector....
XAR: A Good Balanced Approach To An Industry That Won't Stop