SPDR S&P Aerospace & Defense ETF [XAR] Stock Forecast

XAR invests in aerospace and defense companies within the United States. Ongoing conflicts overseas and emerging competition in the innovation space could spark demand within the defense industry.

Looking for broad exposure to the Industrials - Aerospace & Defense segment of the equity market? You should consider the SPDR S&P Aerospace & Defense ETF (XAR), a passively managed exchange traded fund launched on 09/28/2011.

Launched on 09/28/2011, the SPDR S&P Aerospace & Defense ETF (XAR) is a smart beta exchange traded fund offering broad exposure to the Industrials ETFs category of the market.

Sector ETF report for XAR

With Putin's horrific war on Ukraine, the allied Russia/China strategic partnership, and the recent spy balloon invasion, global military tensions are rising. Russia's invasion of Ukraine has been met by a unified and robust response by the U.S., NATO, and the Democratic "West."

One group within the Industrials sector trades at a lofty P/E, but momentum persists with aerospace & defense equities. The equally-weighted XAR fund has underperformed the cap-weighted ITA for 2 years, but the trend could be changing.

Smart Beta ETF report for XAR

No matter what the market conditions are, the hottest ETFs to buy will almost always make sense for investors. Fundamentally, these exchange-traded funds cover a basket of securities, thereby mitigating risk while enjoying broad upside opportunities.

The fund looks to capitalize on the sector's solid performance.

Sector ETF report for XAR