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Description
SPDR S&P Aerospace & Defense ETF is an exchange-traded fund managed by State Street Global Advisors. It seeks to provide investment results that correspond generally to the total return performance of the S&P Aerospace & Defense Select Industry Index, a modified equal-weighted benchmark representing the aerospace and defense segment of the S&P Total Stock Market Index. This structure offers unconcentrated exposure across approximately 40 holdings in large, mid, and small cap stocks within the aerospace and defense sub-industry, spanning companies involved in aircraft manufacturing, defense systems, and related technologies. The ETF enables investors to pursue targeted positions in this specialized sector of the industrials market, distinct from broader sector funds through its equal-weighting approach that balances influence from giants and smaller innovators alike. Fully allocated to aerospace and defense, it focuses on public equity securities operating in capital goods and related areas, providing a tactical tool for sector-specific exposure in the financial markets. Launched in 2011 and domiciled in the United States, SPDR S&P Aerospace & Defense ETF supports strategic allocations amid evolving defense and aerospace dynamics.
About
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Instrument type
ETF
Country
United States
MIC code
ARCX