Overview
Description
The SPDR S&P Aerospace & Defense ETF is an exchange-traded fund designed to track the performance of the S&P Aerospace & Defense Select Industry Index. This ETF aims to provide investors with exposure to the aerospace and defense sectors, primarily focusing on companies involved in the manufacturing, distribution, and service support of these industries. Notable for its inclusion of both large and midsize companies, the fund encompasses a diverse array of firms participating in areas like commercial air travel, military defense systems, and technological innovation within aviation. By offering a wide yet specific slice of the market, the ETF plays a key role in enabling investors to gain targeted access to the aerospace and defense sectors, which are pivotal in both economic terms and national security. Categorizing holdings without a primary concentration in any single company, it delivers diversified exposure to sector movements, thereby reflecting broader industry trends while mitigating the risks associated with investing in individual stocks.
About
CEO
Employees
0
Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
United Kingdom
MIC code
XLON