If you're interested in broad exposure to the Industrials - Aerospace & Defense segment of the equity market, look no further than the Select STOXX Europe Aerospace & Defense ETF (EUAD), a passively managed exchange traded fund launched on October 22, 2024.
Investors who bought the Select STOXX Europe Aerospace & Defense ETF (CBOE:EUAD) were buying a clean story: Berlin, Paris, London, and Warsaw pledging generational increases in military spending, and a fund built to own Airbus, Rheinmetall, BAE Systems, Leonardo, and Saab directly.
If you're interested in broad exposure to the Industrials - Aerospace & Defense segment of the equity market, look no further than the Select STOXX Europe Aerospace & Defense ETF (EUAD), a passively managed exchange traded fund launched on October 22, 2024.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 44,192 | $1.91M | $1.99M | $73,788.59 | 3.86% |
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 182 | $7,666.27 | $8,180.9 | $514.63 | 6.71% |
Curtis Ellergodt Rothschild Investment LLC | 180 | $6,324.5 | $8,091 | $1,766.5 | 27.93% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 56,635 | $2.39M | $2.66M | $271,269.95 | 11.36% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 2,686 | $110,388.45 | $128,256.5 | $17,868.05 | 16.19% |
| BATS Exchange | US Country |
The fund described is a specialized investment vehicle that dedicates the majority of its assets, at least 80%, to securities within an index representing companies in the aerospace and defense sectors. This encompasses a broad range of enterprises primarily based in Europe, involved in various aspects of the aerospace and defense industry. These companies are engaged in manufacturing, servicing, supplying, and distributing a wide array of products and services. The index aims to mirror the market performance of these entities, offering investors targeted exposure to the aerospace and defense sectors. The fund is characterized as non-diversified, meaning it may invest a larger portion of its assets in fewer securities, potentially increasing the fund's volatility and risk.
This category encompasses a wide range of products designed for both civil aviation and military applications. It includes aircraft for passenger and cargo transportation, as well as various types of military aircraft used for defense and combat purposes. The fund invests in companies involved in the design, manufacture, and maintenance of these aerospace vehicles, targeting those at the forefront of aviation technology and innovation.
Under this category fall products and services related to the technologies and systems that enable the functioning and enhancement of aerospace capabilities. This includes navigation, communication, and propulsion systems, among others, vital for the operation of civil and military aircraft. The fund focuses on companies that lead in the research, development, and implementation of these advanced aerospace technologies.
This area covers a broad spectrum of products aimed at ensuring the safety and security of nations and their citizens. It ranges from personal protective equipment for military personnel to large-scale defense systems designed to protect against various threats. The fund's investment extends to companies specializing in the latest defense technologies and services, including surveillance, intelligence gathering, and cybersecurity solutions tailored to military specifications.
Beyond the manufacture of physical products, the fund also invests in companies offering related technology services and systems critical to the aerospace and defense sectors. This includes software for simulation and training, systems integration services, and maintenance and repair operations (MRO). By including these service-oriented companies, the fund diversifies its portfolio across a broader spectrum of the aerospace and defense industry's value chain.