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ETFs

SPDR S&P Aerospace & Defense ETF

XAR
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Sep 28, 2011
Expense Ratio
0.35%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$7,647,615
AUM
$1,441,335,650
Associated Index
S&P Aerospace & Defense Select Industry Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

LHX
L3Harris Technologies Inc
4.45%
TXT
Textron Inc.
4.43%
BWXT
BWX Technologies Inc
4.42%
NOC
Northrop Grumman Corp.
4.33%
GD
General Dynamics Corp.
4.32%
CW
Curtiss-Wright Corp.
4.27%
LMT
Lockheed Martin Corp.
4.21%
TDG
Transdigm Group Incorporated
4.18%
WWD
Woodward Inc
4.18%
HEI
Heico Corp.
4.18%
Invest with XAR
Trade XAR Options

What is XAR?

The SPDR S&P Aerospace & Defense ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Aerospace & Defense Select Industry Index (the Index ).The S&P Aerospace & Defense Select Industry Index represents the aerospace & defense segment of the S&P Total Stock Market Index. The Index is modified equal weighted.

1M
3M
6M
YTD
1Y
3Y
Max
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XAR
Performance Measures**

for the time period Sep 29, 2011 to Dec 4, 2025

Returns

1M Trailing Return: -3.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 8.8%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -46.4%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 22.0%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.88

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.40

The annualized return divided by the max drawdown for the selected time period.

ETFs related toXAR

ETFs correlated to XAR include PPA, DFEN, ITA

XAR
SPDR Series Trust - SPDR S&P Aerospace & Defense ETF
PPA
Invesco Capital Management LLC - Invesco Aerospace & Defense ETF
DFEN
Direxion Shares ETF Trust - Direxion Daily Aerospace & Defense Bull 3X Shares
ITA
BlackRock Institutional Trust Company N.A. - iShares U.S. Aerospace & Defense ETF
VIS
Vanguard Group, Inc. - Vanguard Industrials ETF
FIDU
Fidelity Covington Trust - Fidelity MSCI Industrials Index ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
XLI
SSgA Active Trust - Industrial Select Sector SPDR
RSPN
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Industrials ETF
IYJ
BlackRock Institutional Trust Company N.A. - iShares U.S. Industrials ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toXAR

CQ | WIIGF? V1.0 | 10.12.23

Category

Tactical rotation, Momentum, Aerospace & Defense, Israel tech, Energy, Equal-weight, 3vs7-day trend, 90-day ranking

OOS Cumulative Return

81.74%

The Enigma of the Financial Universe 3.4 (K-1 free)

Category

Tactical asset allocation, regime switching, volatility targeting, mean reversion, trend following, leveraged ETFs, hedging, multi-asset

OOS Cumulative Return

77.43%

Create your own algorithmic trading strategy with XAR using Composer

FAQ

XAR is a US Equities ETF. The SPDR S&P Aerospace & Defense ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Aerospace & Defense Select Industry Index (the Index ).The S&P Aerospace & Defense Select Industry Index represents the aerospace & defense segment of the S&P Total Stock Market Index. The Index is modified equal weighted.

XAR tracks the S&P Aerospace & Defense Select Industry Index.

No, XAR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XAR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XAR is -0.0586%. This is the percent change in the value of XAR over the most recent 1-month period. The 3-month return on XAR is -0.0505%. This is the percent change in the value of XAR over the most recent 3-month period.

The standard deviation of XAR for the past year is 0.2027%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XAR include XLY, XLV, and XLE.

ETFs correlated to XAR include PPA, DFEN, and ITA.

ETFs that are inversely correlated to XAR include TWM, TZA, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.