State Street SPDR S&P Aerospace & Defense ETF (XAR)
| Assets | $6.01B |
| Expense Ratio | 0.35% |
| PE Ratio | 39.32 |
| Shares Out | 22.53M |
| Dividend (ttm) | $0.88 |
| Dividend Yield | 0.32% |
| Ex-Dividend Date | Mar 23, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | 12.95% |
| Volume | 128,828 |
| Open | 269.34 |
| Previous Close | 266.37 |
| Day's Range | 268.27 - 272.52 |
| 52-Week Low | 183.00 |
| 52-Week High | 295.39 |
| Beta | 0.98 |
| Holdings | 43 |
| Inception Date | Sep 28, 2011 |
About XAR
Fund Home PageThe State Street SPDR S&P Aerospace & Defense ETF (XAR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an equal-weighted index of US aerospace & defense companies. XAR was launched on Sep 28, 2011 and is issued by State Street.
Top 10 Holdings
34.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Rocket Lab Corporation | RKLB | 5.90% |
| Curtiss-Wright Corporation | CW | 3.31% |
| Howmet Aerospace Inc. | HWM | 3.28% |
| The Boeing Company | BA | 3.28% |
| BWX Technologies, Inc. | BWXT | 3.27% |
| Carpenter Technology Corporation | CRS | 3.27% |
| Hexcel Corporation | HXL | 3.20% |
| HEICO Corporation | HEI | 3.10% |
| ATI Inc. | ATI | 3.08% |
| General Dynamics Corporation | GD | 3.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 23, 2026 | $0.11178 | Mar 25, 2026 |
| Dec 22, 2025 | $0.11565 | Dec 24, 2025 |
| Sep 22, 2025 | $0.51862 | Sep 24, 2025 |
| Jun 23, 2025 | $0.13203 | Jun 25, 2025 |
| Mar 24, 2025 | $0.18969 | Mar 26, 2025 |
| Dec 23, 2024 | $0.57044 | Dec 26, 2024 |
Performance
XAR had a total return of 47.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.85%.
News
The Pentagon's AI Pivot Supercharges Defense Stocks
The Department of Defense is aggressively reallocating capital away from legacy manned platforms in favor of autonomous artificial intelligence-driven tactical networks and high-altitude hypersonic tr...
Japan's global defense business may be on the cusp of a big breakout
Experts say Japan will initially export arms in areas where it's already strong, such as air defense systems and naval platforms. Global military spending hit a record of $2.89 trillion in 2025, the 1...
Poland signs first loan deal as part of EU defence spending push
Poland has signed its loan agreement under a European Union defence financing programme, securing 43.7 billion euros to strengthen its military as the bloc steps up efforts to boost security amid he...
Taiwan parliament approves extra defence spending but less than government wanted
Taiwan's opposition-controlled parliament on Friday approved $25 billion in extra defence spending, around two-thirds of the much larger package the government had asked for to bolster the armed ...
'NO MISTAKE': Rubio sends BLUNT message on US military move
Divergent Technologies CEO Lukas Czinger joins 'Mornings with Maria' to detail how AI and 3D printing are slashing missile costs and accelerating U.S. military production.
Israel approves plan to buy F-35 and F-15I aircraft from US
Israel gave final approval for a plan to purchase two new combat squadrons of F-35 and F-15Ia aircraft from Lockheed Martin and Boeing in a deal worth tens of billions shekels, the defe...
UK sticks with Ajax military vehicles after safety issues
Britain's defence readiness minister Luke Pollard said he had agreed to restart the army's acceptance of Ajax armoured vehicles from General Dynamics with strict controls focused on improving the ex...
U.S. Air Force To Fly B-1B Lancer And B-2 Spirit Well Into Late 2030s
The United States Air Force has no plans to retire its remaining fleet of Boeing B-52 Stratofortress bombers for at least a couple more decades, and the old "BUFFs" as they are known, will be in servi...
Canada is still reviewing plan to buy US fighter jets, defence minister says
Canada is still reviewing its plan to buy 88 Lockheed Martin F-35 fighter jets, defence minister David McGuinty told a parliamentary committee on Monday, saying Ottawa could also purcha...
The Pentagon is putting industry on a key 'Golden Dome' weapon that military leaders have said might ultimately be too expensive
Twelve defense companies have been picked for initial work on space-based interceptors for the US' Golden Dome. These interceptors are the costliest and most complex parts of Golden Dome.
GE, RTX & Bullish Case for Defense Stocks in 2026
Defense stocks will be some of the key names to move the stock market higher, says Kevin Mahn. He points to the Trump administration's push for a $1.5 trillion defense budget and lasting geopolitical ...
What Global Rearmament Means for Defense Stocks—and the World
Rising global military spending—from the U.S., Europe, and China—could fuel growth for defense contractors and reshape manufacturing and employment in the years ahead.
Iran Conflict Raises Defense Supply Chain Concerns
Rising oil and gas prices and risks to key shipping lanes are raising concerns about global supply chains. Tara Murphy Dougherty, CEO of Govini, a provider of logistics software for defense tech, disc...
Trump Wants to Spend $500 Billion More on Defense
Bloomberg's George Ferguson breaks down the market reaction to President Trump's calls for a $1.5 trillion dollar defense budget, as well as his threat to cut some of the most notable names in defense...
Final Trades: Netflix, Apple and the XAR
CNBC's “Halftime Report” team detail their final trades and stock picks.
How to trade defense stocks with uncertain government spending
Sheila Kahyaoglu, Jefferies equity analyst, joins CNBC's 'Closing Bell Overtime' to discuss the potential impact of the Department of Government Efficiency, her outlook on defense stocks, and more.
Final Trades: Pfizer, S&P Aerospace and Defense, and Live Nation
Today's Final Trades from the Investment Committee.
GE Stock and 4 More Industrial Ideas From a Technical Analyst
Chart Smarter ‘s Douglas Busch believes industrial stocks are poised for more gains soon.
Aerospace and defense ETFs beat S&P 500 as Middle East fears intensify
Aerospace and defense ETFs have surged in the past year — and are up so far this week even as the U.S. stock market has broadly stumbled.
Investing in defense technology: Here's what you need to know
Trae Stephens, Founders Fund partner, joins 'The Exchange' to discuss the shift of governments embracing defense tech start-ups, Google employees' reluctance to work in the defense sector, and more.
Johnson offers fresh criticism of Senate's Ukraine bill, but House expected to give OK eventually
House Speaker Mike Johnson on Wednesday continued to criticize an aid package for Ukraine and other countries, even as analysts expect that a divided Washington eventually will deliver on the matter.
Defense stocks get a lift as Senate passes Ukraine aid. Here's how the House may OK ‘some' of it.
While defense stocks joined in on Tuesday's broad market sell-off sparked by a hotter-than-expected reading on inflation, that's after several sessions of gains that came as the U.S. Senate made progr...
This defense ETF's rally suggests more U.S. funding for Ukraine will come through
The market views that as likely, at least if you go by the advance made by the SPDR S&P Aerospace & Defense ETF XAR.
Growing geopolitical conflicts have some investors feeling guilty about buying defense stocks
Some retail investors are opting out of defense names despite knowing they typically perform better in war times.
Israel–Hamas war boosts U.S. defense ETFs, but why it won't help stocks for long
Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, we look at defense ETFs, which have rallied on the back of the Middle East conflict since the...
Wells Fargo's Matthew Akers lays out defense stocks to watch amid Russia-Ukraine war
Wells Fargo senior equity analyst Matthew Akers joins CNBC's 'Squawk on the Street' to discuss shares of General Dynamics, L3Harris Technologies and more.
ETF Spotlight: Aerospace and defense trading at all-time highs
The "Squawk on the Street" team discusses the recent highs in the aerospace and defense sector, as well as Virgin Galactic's march higher.
Cathie Wood's Ark Invest planning for space exploration ETF
CNBC's Morgan Brennan breaks down how Cathie Wood's Ark Invest is planning for a space exploration ETF for "ETF Spotlight."
Defense ETFs rally as investors re-position for post-COVID world
Exchange-traded funds focused on aerospace and defense took flight on Tuesday, putting them on track for their best week in six months as investors attempted a rotation to segments of the market that ...
Covid vaccine news and the ETF market: Analysts assess the impact
Nick Colas, the co-founder of DataTrek Research, Matthew Bartolini, head of SPDR Americas Research at State Street Global Advisors, and Brendan Ahern, chief investment officer at KraneShares, speak to...
ETF Edge: Impact of the election and Pfizer's vaccine news
Matt Bartolini, State Stree; Nick Colas, DataTrek; and Brendan Ahern, KranShares, discuss the election results and Pfizer's big vaccine news, and what it means for the ETF market.








