State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF

$273.46

Key Metrics

TER 35.00% per year
Distribution policy Distributing
Fund size USD 5,780 M
Inception date September 28, 2011
Holdings 43
Fund currency USD
Fund domicile US
Provider SPDR
For full official fund details, factsheets, and holdings, visit ssga.com (opens in new tab).

Compare similar ETFs

Fund Size
Dividend
Fees
Current
State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF XAR
Fund Size
$5.95B
Dividend
0.3%
Fees
35.00%

Historical Return

Last updated: Jun 01, 2026
1 Year +49.9% +0.3% Div
3 Years (avg.) +36.7% +0.3% Div
5 Years (avg.) +17.1% +0.3% Div

Risk & Analysis Metrics

Last updated: Jun 01, 2026

Volatility

24.62% 1 Year
22.04% 3 Years
22.77% 5 Years
24.31% 10 Years

Max Drawdown

-17.25% 1 Year
-19.82% 3 Years
-32.81% 5 Years
-46.72% 10 Years

Sharpe Ratio

1.43 1 Year
1.27 3 Years
0.60 5 Years
0.61 10 Years

Return Triangle (Heatmap)

Last updated: Jun 01, 2026
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2011 11.3% 11.2% 23.4% 20.3% 0.5% 3.7% 7.1% 5.4% 8.6% 8.0% 7.8% 6.5% 7.7% 8.8% 11.0%
2012 11.2% 30.0% 23.5% -2.0% 2.3% 6.4% 4.6% 8.3% 7.6% 7.4% 6.1% 7.4% 8.6% 10.9%
2013 52.0% 30.2% -6.1% 0.1% 5.5% 3.6% 7.8% 7.2% 7.0% 5.6% 7.1% 8.4% 10.9%
2014 11.6% -26.1% -12.9% -3.7% -4.1% 1.8% 2.0% 2.4% 1.4% 3.4% 5.1% 8.1%
2015 -51.1% -23.0% -8.3% -7.7% 0.0% 0.4% 1.2% 0.2% 2.5% 4.5% 7.7%
2016 21.3% 25.6% 14.2% 19.6% 16.0% 14.2% 11.0% 12.5% 13.7% 16.6%
2017 30.1% 10.7% 19.0% 14.7% 12.9% 9.4% 11.3% 12.8% 16.1%
2018 -5.7% 13.9% 10.0% 8.9% 5.7% 8.4% 10.6% 14.5%
2019 37.6% 18.8% 14.3% 8.8% 11.5% 13.5% 17.7%
2020 2.6% 4.2% 0.6% 5.8% 9.3% 14.6%
2021 5.8% -0.4% 6.9% 11.0% 17.2%
2022 -6.3% 7.5% 12.8% 20.3%
2023 23.2% 23.7% 30.7%
2024 24.2% 34.6%
2025 45.9%

Distributions

*by ETF Portfolio Weight Last updated: Jun 01, 2026

Profit Margin Distribution

< 0%
9%
1y 3y N/A N/A
0 - 5%
16%
1y 3y N/A N/A
5 - 10%
41%
1y 3y N/A N/A
10 - 15%
18%
1y 3y N/A N/A
15 - 20%
13%
1y 3y N/A N/A
20 - 30%
4%
1y 3y N/A N/A
30 - 40%
0%
1y 3y N/A N/A
> 40%
0%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
11%
1y 3y N/A N/A
0 - 10
0%
1y 3y N/A N/A
10 - 15
0%
1y 3y N/A N/A
15 - 20
8%
1y 3y N/A N/A
20 - 25
10%
1y 3y N/A N/A
25 - 35
13%
1y 3y N/A N/A
35 - 50
15%
1y 3y N/A N/A
> 50
42%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
0.3%
1y 3y N/A N/A
Small Cap
1.6%
1y 3y N/A N/A
Mid Cap
19.4%
1y 3y N/A N/A
Large Cap
70.4%
1y 3y N/A N/A
Mega Cap
8.4%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Jun 01, 2026
20.8% Top 5 Holdings
40.9% Top 10 Holdings
100.0% Top 50 Holdings
100.0% Top 100 Holdings
Top 5 Companies
ATI Allegheny Technologies Inc
4.2%
BA Boeing Co.
4.2%
GE General Electric Co.
4.2%
HWM Howmet Aerospace Inc
4.1%
HII Huntington Ingalls Industries Inc
4.1%

Latest News

20 days ago • youtube.com

Boeing Gets China Deal at Trump's Visit, With Many Questions

Boeing Co. appears to have secured its long-awaited order from China during US President Donald Trump's visit to the country, but whatever accord w...

20 days ago • 247wallst.com

Trump Bought Boeing Stock, Then Announced New Order for 200 Planes

For most of 2026, investors have been focused on interest rates, tariffs, and whether the U.S.

20 days ago • forbes.com

Stocks That Failed The Core Earnings Test In 2Q2026

As Ben Hogan said:

Average metrics of all companies in portfolio

Last updated: May 31, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $56B -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 0.58% 2.02%
Beta Indicates the relationship between the price performance of a share and the market. 1.03 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 112.65 29.69
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything -159.3 -
Profitable Companies 80% -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 278.49 17.06
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 6.64 7.44
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 5.1 11.28
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT 60.21 21.27
Enterprise Value to Revenue Enterprise value divided by revenue 6.37 8.71
Total Debt to Enterprise Value Total debt divided by enterprise value 0.12 0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. -0.28 0.27
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 4.84% 21.08%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. - -107.0%
Return on Equity Equity divided by market cap. 25.44% 3.50%
Return on Assets Indicates a company's profitability in relation to its total assets. 2.48% 4.45%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. 6.02% 4.22%

Sectors

Manufacturing 69.0%
Professional, Scientific, and Technical Services 3.5%
Real Estate and Rental and Leasing 3.1%
Financial Services 2.7%
Information 0.8%
Other 20.9%

Countries

United States 100.0%
Other 0.0%

Stock Screener

Select filters to narrow down the 36 investments below

36 companies

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%

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Market Cap $27.62B
P/E Ratio 54.0
Dividends 0.1%
Total Investment $188.39M
Weight 3.26%

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Market Cap $93.79B
P/E Ratio 21.6
Dividends 1.8%
Total Investment $185.81M
Weight 3.21%

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Market Cap $23.3B
P/E Ratio 48.9
Dividends 0.2%
Total Investment $185M
Weight 3.20%

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Market Cap $6.77B
P/E Ratio 57.9
Dividends 0.8%
Total Investment $183.19M
Weight 3.17%

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Market Cap $58.72B
P/E Ratio 34.0
Dividends 1.5%
Total Investment $181.51M
Weight 3.14%

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Market Cap $15.96B
P/E Ratio 17.3
Dividends 0.1%
Total Investment $179.84M
Weight 3.11%

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Market Cap $241.94B
P/E Ratio 33.4
Dividends 1.5%
Total Investment $178.29M
Weight 3.08%

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Market Cap $122.3B
P/E Ratio 25.4
Dividends 2.5%
Total Investment $178.27M
Weight 3.08%

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Market Cap $80.06B
P/E Ratio 17.5
Dividends 1.6%
Total Investment $178.25M
Weight 3.08%

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Market Cap $182.22B
P/E Ratio 83.4
Dividends 0.0%
Total Investment $178.08M
Weight 3.08%

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Market Cap $20.86B
P/E Ratio 40.7
Dividends 0.3%
Total Investment $177.67M
Weight 3.07%

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Market Cap $23.9B
P/E Ratio 55.9
Dividends 0.0%
Total Investment $176.95M
Weight 3.06%

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Market Cap $12.14B
P/E Ratio 20.0
Dividends 1.8%
Total Investment $175.91M
Weight 3.04%

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Market Cap $103.33B
P/E Ratio 59.4
Dividends 0.2%
Total Investment $175.43M
Weight 3.04%

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Market Cap $48.51B
P/E Ratio 61.5
Dividends 0.1%
Total Investment $171.19M
Weight 2.96%

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Market Cap $10.35B
P/E Ratio -45.0
Dividends 0.0%
Total Investment $168.8M
Weight 2.92%

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Market Cap $338.27B
P/E Ratio 38.8
Dividends 0.5%
Total Investment $167.18M
Weight 2.89%

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