XAR - SPDR S&P Aerospace & Defense - Stock & Dividends

The SPDR S&P Aerospace & Defense ETF (NYSE ARCA:XAR) is an exchange-traded fund (ETF) that aims to replicate the performance of the S&P Aerospace & Defense Select Industry Index. To achieve this, the fund uses a sampling strategy, investing at least 80% of its total assets in the securities that make up the index.

The S&P Aerospace & Defense Select Industry Index is a subset of the S&P Total Market Index (S&P TMI), which is a broad market index that covers nearly 100% of the US stock market. The aerospace and defense segment of the S&P TMI includes companies that operate in the aerospace and defense industries, such as manufacturers of aircraft, spacecraft, and defense systems, as well as providers of defense services.

By investing in the SPDR S&P Aerospace & Defense ETF, investors can gain exposure to a diversified portfolio of companies in the aerospace and defense sector, which can help to spread risk and potentially increase returns over the long term. The fund is listed on the NYSE Arca exchange and is managed by State Street Global Advisors, a leading global asset manager.

The fund's website, http://www.spdrs.com, provides additional information on the fund's investment strategy, performance, and holdings. The fund is domiciled in the United States, which means it is subject to US regulations and tax laws.