Overview
Description
The First Trust Indxx Aerospace & Defense ETF is an exchange-traded fund designed to provide investors with exposure to the aerospace and defense sectors. This ETF tracks the performance of companies that are actively involved in the manufacturing, development, and support of aircraft, military equipment, and related technology solutions. The fund aims to capture growth opportunities within both commercial aerospace markets and defense industries, capitalizing on advancements in technology and increased global demand for air travel and defense capabilities.
Notable features of this ETF include its focus on both U.S. and international companies, allowing for diversification across geographical regions. It encompasses various segments within the industry, including aircraft manufacturers, defense contractors, and suppliers of critical components and systems. The First Trust Indxx Aerospace & Defense ETF plays a significant role in providing exposure to sectors that are influenced by governmental budgets, technological innovation, and geopolitical events, making it a pertinent consideration within the broader industrial landscape. Overall, it serves as a strategic tool for investors looking to engage with sectors contributing to both commercial transportation infrastructure and national security.
About
Address
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Phone
630-241-4141
Website
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Instrument type
ETF
Country
United States
MIC code
ARCX