iShares Global Aerospace & Defense ETF

The iShares Global Aerospace & Defense is an exchange-traded fund (ETF) designed to provide broad exposure to the global aerospace and defense industry. This fund primarily targets companies engaged in manufacturing and servicing aerospace and defense equipment, including commercial aircraft, defense systems, and related technological components. It includes a diversified portfolio of firms from across major markets, offering investors access to global industry leaders in both the United States and internationally. The primary purpose of this ETF is to track the performance of an index composed of global equities in the aerospace and defense sector. It serves as a tool for investors seeking to gain broad, cost-effective exposure to a sector characterized by significant governmental and commercial budgets and technological advancements. Significant within the asset’s scope are defense contractors and aerospace manufacturers, directly impacting the aviation, technology, and national security sectors. This ETF is integral in reflecting the economic dynamics and demand driven by global aerospace travel expansion and defense spending. As such, it holds a crucial role in enabling investors to track and participate in the growing and evolving aerospace and defense market.