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home / news releases / XAR - XAR: Equal-Weight Aerospace And Defense Going For A Relative Breakout

XAR - XAR: Equal-Weight Aerospace And Defense Going For A Relative Breakout

SPDR S&P Aerospace & Defense

Summary

  • One group within the Industrials sector trades at a lofty P/E, but momentum persists with aerospace & defense equities.
  • The equally-weighted XAR fund has underperformed the cap-weighted ITA for 2 years, but the trend could be changing.
  • I highlight key price levels to watch on XAR ETF.

For further details see:

XAR: Equal-Weight Aerospace And Defense Going For A Relative Breakout
Stock Information
Company Name: SPDR S&P Aerospace & Defense
Stock Symbol: XAR
Market: NYSE
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