NATO's June 2025 Hague Summit produced a target that will reshape the aerospace and defense industry for the next decade.
If you're interested in broad exposure to the Industrials - Aerospace & Defense segment of the equity market, look no further than the State Street SPDR S&P Aerospace & Defense ETF (XAR), a passively managed exchange traded fund launched on September 28, 2011.
Launched on 09/28/2011, the State Street SPDR S&P Aerospace & Defense ETF (XAR) is a smart beta exchange traded fund offering broad exposure to the Industrials ETFs category of the market.
Designed to provide broad exposure to the Industrials - Aerospace & Defense segment of the equity market, the State Street SPDR S&P Aerospace & Defense ETF (XAR) is a passively managed exchange traded fund launched on September 28, 2011.
Designed to provide broad exposure to the Industrials ETFs category of the market, the State Street SPDR S&P Aerospace & Defense ETF (XAR) is a smart beta exchange traded fund launched on 09/28/2011.
Launched on September 28, 2011, the State Street SPDR S&P Aerospace & Defense ETF (XAR) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Aerospace & Defense segment of the equity market.
When geopolitical tensions rise or defense budgets expand, investors often chase the sector through broad market funds.
Designed to provide broad exposure to the Industrials ETFs category of the market, the State Street SPDR S&P Aerospace & Defense ETF (XAR) is a smart beta exchange traded fund launched on 09/28/2011.
Geopolitical tensions over Greenland highlight the region's strategic value for security, resources, and trade, impacting U.S. and European defense equities. U.S. defense ETFs like XAR and blended funds like SHLD remain attractive, given ongoing European reliance on U.S. defense products despite rising EU self-sufficiency. European defense stocks may see sentiment-driven price support, but near-term opportunities are limited by current industry capacity and budget mechanisms.
State Street® SPDR® S&P® Aerospace & Defense ETF tracks the S&P Aerospace & Defense Select Industry Index, with an Expense Ratio of 0.35%. Today, XAR has a forward P/E of 35.55x, and an ETF P/B of 5.15, which reflects a war premium compared to the industrial sector. In my opinion, the war premium for XAR is justified by the latent need to invest in national security.
Ukraine's signal to drop its NATO bid hits European defense shares, but the pullback may favor diversified defense ETFs like XAR.
If you're interested in broad exposure to the Industrials - Aerospace & Defense segment of the equity market, look no further than the State Street SPDR S&P Aerospace & Defense ETF (XAR), a passively managed exchange traded fund launched on September 28, 2011.