Symbols

XAR

State Street SPDR S&P Aerospace & Defense ETF·NYSE

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Key Stats

Assets Under Management

5.81BUSD

Fund Flows (1Y)

1.15BUSD

Dividend Yield

0.35%

Discount/Premium to NAV

-0.19%

Shares Outstanding

21.30M

Expense Ratio

0.35%

About State Street SPDR S&P Aerospace & Defense ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-sp-aerospace-defense-etf-xar

Inception Date

Sep 28, 2011

Structure

Open-Ended Fund

Index Tracked

S&P Aerospace & Defense Select Industry Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

State Street Corp. (Fund Distributor)

XAR takes a different approach to its target than other similar funds. It holds a portfolio of aerospace and defense stocks, as defined by GICS also and aims to achieve a 40/40/20 weighting among large-, mid, and small-caps respectively. The fund will generally invest substantially all, but at least 80%, of its total assets in the securities comprising the underlying index. It also tends to reach outside our definition of the segment into other sectors. As a result, it delivers diversified exposure.