State Street SPDR S&P Aerospace & Defense ETF

Frequently Asked Questions About XAR

What does XAR invest in?

The State Street SPDR S&P Aerospace & Defense ETF (XAR) is designed to mirror the total return performance of the S&P Aerospace & Defense Select Industry Index, prior to deducting fees and expenses. This fund provides specific access to the Aerospace & Defense segment, featuring companies identified within this sector by the S&P Total Market Index. Utilizing a modified equal-weighting approach, the ETF strives to offer diversified, less concentrated exposure across large, mid, and small-capitalization stocks within the industry. This granular focus empowers investors to implement precise strategic or tactical investment maneuvers, providing a more targeted tool compared to broader sector-based investment options.

What is the expense ratio of XAR?

State Street SPDR S&P Aerospace & Defense ETF (XAR) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

How big is XAR?

State Street SPDR S&P Aerospace & Defense ETF (XAR) manages $4.86B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is XAR actively managed or an index fund?

XAR is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (XAR's is 0.35%) because there's no security selection cost.

When was XAR launched?

State Street SPDR S&P Aerospace & Defense ETF (XAR) launched in September 2011 and is managed by SPDR.

How has XAR performed?

XAR's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.