SPDR® S&P Aerospace & Defense ETF

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SPDR® S&P Aerospace & Defense ETF (XAR)
Type
Exchange-traded fund
Military weapon grade: Fund is invested in military contractors above the threshold of 4%. Assigned a grade of F.
How we track weapon investments
F
$2.24 BILLION
Military weapons
30
military weapon stocks found
86%
of assets flagged
Data as of 31 Mar 2025
Military contractors
Military contractors
Largest international arms manufacturers and military contractors
30
holdings
$2.24B
invested
86%
of portfolio
Nuclear weapons
Nuclear weapons
Manufacturers/servicers of nuclear armaments and delivery systems
16
holdings
$1.5B
invested
58%
of portfolio
Controversial weapons
Controversial weapons
Manufacturers involved with cluster munitions, landmines, white phosphorus, depleted uranium
9
holdings
$841.5M
invested
32%
of portfolio
Military weapon companies
30 holdings
30 holdings
  • 1.  Northrop Grumman Corp
    Nuclear weaponsControversial weapons
    $109.34M
    4.22%
  • 2.  Boeing Co
    Nuclear weapons
    $108.97M
    4.2%
  • 3.  Huntington Ingalls Industries Inc
    Nuclear weaponsControversial weapons
    $107.97M
    4.16%
  • 4.  Heico Corp
    Nuclear weapons
    $107.26M
    4.14%
  • 5.  General Dynamics Corp
    Nuclear weaponsControversial weapons
    $106.36M
    4.1%
See all
  For each weapons category, we show the fund's exposure. When calculating a portfolio's percent exposure to a list of companies, we only consider long investments, ignoring any shorts or liabilities.
Civilian firearm manufacturers and retailers

We also track investments in civilian firearm manufacturers and retailers raking in billions in handgun, assault rifle, and ammunition sales. Gun Free Funds is made for people looking to align their investments with their values by moving money out of companies that make and sell guns.

SPDR® S&P Aerospace & Defense ETF earns an F grade for investments in military weapons
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Financial performance
Performance data provided byMorningstarFind more financial data on XAR at Morningstar.com
Current fund
XAR
SPDR® S&P Aerospace & Defense ETF
Family
State Street
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 10-yr returns 
2.65% more in annualized returns
More invested in military weapons 
83% more invested
More invested in major military contractors 
83% more invested
More invested in manufacturers/servicers of nuclear weapons 
55% more invested
More invested in manufacturers of controversial weapons 
31% more invested
Current fund
XAR
SPDR® S&P Aerospace & Defense ETF
Family
State Street
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 10-yr returns 
2.65% more in annualized returns
More invested in military weapons 
83% more invested
More invested in major military contractors 
83% more invested
More invested in manufacturers/servicers of nuclear weapons 
55% more invested
More invested in manufacturers of controversial weapons 
31% more invested
Current fund
XAR
SPDR® S&P Aerospace & Defense ETF
Family
State Street
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 10-yr returns 
2.65% more in annualized returns
More invested in military weapons 
83% more invested
More invested in major military contractors 
83% more invested
More invested in manufacturers/servicers of nuclear weapons 
55% more invested
More invested in manufacturers of controversial weapons 
31% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Military weapon weight
This fund
XAR - SPDR® S&P Aerospace & Defense ETF
15%
9.57%
17%
12%
86% 
Benchmark
ACWI - iShares MSCI ACWI ETF
7.43%
7.17%
15%
8.99%
3.66% 
Fund compared to benchmark
 
7.65%
2.4%
1.61%
2.65%
83%  higher
Find more financial data on XAR at Morningstar.com
What's next?
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