Overview
Description
The iShares U.S. Aerospace & Defense ETF is an Exchange Traded Fund focused on offering targeted exposure to companies within the aerospace and defense sectors in the United States. This ETF primarily functions by investing in a range of equities that are part of the aerospace and defense industries. Notable components often include major manufacturers and suppliers of aircraft, weapons systems, and advanced technology solutions pivotal to national security. The sectors impacted by this ETF include commercial air travel, military defense, and aviation technology, reflecting the significant role these industries play in both domestic and international markets. The ETF serves as a financial tool that allows investors to gain exposure to the performance of U.S.-based aerospace and defense companies without having to invest directly in individual stocks. Its market significance is underscored by the ongoing global demand for defense growth and innovation in aerospace technology, making it an important asset within portfolios that aim for diversification in industrial and technological sectors.
About
Address
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Phone
1-800-474-2737
Website
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Instrument type
ETF
Country
Mexico
MIC code
XMEX