State Street SPDR S&P Aerospace & Defense ETF (XAR)
| Assets | $4.87B |
| Expense Ratio | 0.35% |
| PE Ratio | 31.41 |
| Forward PE | 25.38 |
| Shares Out | 22.28M |
| Dividend | $0.42 (0.19%) |
| Ex-Dividend Date | Sep 21, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | 5.89% |
| Volume | 349,588 |
| Open | 219.00 |
| Previous Close | 217.79 |
| Day's Range | 219.00 - 223.57 |
| 52-Week Low | 210.14 |
| 52-Week High | 297.79 |
| Beta | 1.04 |
| Holdings | 52 |
| 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 industrial stocks. 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
32.42% of assets| Name | Symbol | Weight |
|---|---|---|
| Lockheed Martin Corporation | LMT | 3.68% |
| Honeywell Aerospace Inc. | HONA | 3.44% |
| Northrop Grumman Corporation | NOC | 3.42% |
| L3Harris Technologies, Inc. | LHX | 3.24% |
| General Dynamics Corporation | GD | 3.17% |
| TransDigm Group Incorporated | TDG | 3.14% |
| Huntington Ingalls Industries, Inc. | HII | 3.12% |
| RTX Corporation | RTX | 3.09% |
| Textron Inc. | TXT | 3.07% |
| HEICO Corporation | HEI | 3.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 21, 2026 | $0.1293 | Sep 23, 2026 |
| Jun 22, 2026 | $0.06185 | Jun 24, 2026 |
| 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 |
Performance
XAR had a total return of -10.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.77%.
News
Defense tech investment boom sparks bubble warning as private equity pours in
Traditional buyout investors are increasingly backing younger, high-growth defense tech businesses. As defense tech companies mature, private equity, debt, and other forms of financing are expected to...
Norway's $2 trillion wealth fund was frozen out of major defense companies. That may be about to change
Proposed changes to Norway's sovereign wealth fund ethics rules could open the door to investments in more Western defense companies. The fund is currently barred from investing in companies including...
Germany, US sign agreement to deepen defense cooperation between industries
German Defense Minister Boris Pistorius signed a letter of intent with U.S. Defense Secretary Pete Hegseth on Tuesday aimed at deepening cooperation between weapons makers in both countries at a tim...
Why Midterm Gridlock Favors Sector ETFs
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U.S. approves potential sale of Joint Direct Attack Munitions-Extend Range to Saudi Arabia for $5 billion
The U.S. State Department said on Friday it had approved the potential sale of Joint Direct Attack Munitions-Extend Range to Saudi Arabia for an estimated $5 billion.
US Munitions Strain Complicates Iran Strategy
The US remains outside formal negotiations with Iran as Oman and Tehran discuss arrangements for the Strait of Hormuz, leaving the diplomatic path uncertain and raising the possibility of renewed figh...
The Pentagon Is Making Production Promises Only Congress Can Keep
On Monday, the Pentagon announced agreements with L3Harris Technologies and Lockheed Martin to expand weapons production capacity for components of two missile interceptors over the next seven years.
Western defense companies are looking to Ukrainian firms for lessons on how to build in wartime conditions
Western defense firms are partnering with Ukrainian companies to learn from wartime production. A Ukrainian official said Western firms want to move faster and build under attack.
US weapons makers confront Europe's drive for local control
As U.S. defence companies descended on Britain's Farnborough Airshow this week hoping to tap Europe's military spending boom, they encountered increased concern among customers about reliance on Ameri...
As defense spending surges, these stocks could make you the most money
Palantir tops a screen of defense companies for growth through 2028, but most of the expected best growers are small-cap stocks.
Defense Tech May Be in a Bubble as Legacy Defense Stocks Offer Value
Traditional defense stocks have lagged even as defense-tech startups command lofty valuations. Vertical Research says six established companies still offer attractive value.
Conflicts, aircraft orders in focus as Farnborough Airshow kicks off
Farnborough Airshow opens on Monday with Boeing and Airbus pursuing aircraft deals and defence firms vying for a share of booming military budgets fuelled by wars in Ukraine and the Middle East.
Defense giant KNDS plans IPO in Paris and Frankfurt
KNDS said it plans to list shares in Paris and Frankfurt. KNDS is one of Europe's largest military equipment producers.
Drone strikes beyond the battlefield pump up market for technology to repel them
Drone incursions disrupting airports in Europe and strikes on oil fields in the Middle East are spurring a fast-growing market for radars, jammers and defensive craft to defend airports and infrastruc...
Defense contractors would be barred from buying back their stock in bill approved by Senate panel
The Senate Armed Services Committee approved a must-pass bill with a provision that could bar some defense contractors from making stock buybacks or paying dividends unless they have the Defense Depar...
Trump invokes Defense Production Act for munitions, supply chains
U.S. President Donald Trump has invoked the Defense Production Act to address constraints in weapons supply and development for munitions production and supply chains, according to a memo made publi...
As Europe rearms, 'wingman' aircraft take centre stage
Centre stage at last week's Berlin airshow was the "wingman" drone, Europe's latest-generation defence weapon designed to accompany fighter jets.
Kongsberg closes Zone 5 acquisition, formalises affordable missile push
Norwegian defence and technology group Kongsberg on Wednesday said it had completed the acquisition of U.S.-based Zone 5 Technologies, a developer of low-cost, mass-producible missile systems linke...
Sticker Shock And Awe: The Pentagon's New Missile Budget Plans
Defense budgets tend to be a mystery to outsiders. People know what reasonable price is for a car, a laptop or a fridge, but military hardware is another world.
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 ...