Data as of . Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested.
XAR · State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF
State Street · Themes desk
Open the live card on ETFIQBy weight, 32% of XAR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 30% of the fund across 48 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +17.9% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 2.1 pts. It sits 14.8% below its all-time high of Aug 14, 2026.
| Theme (ETFIQ, editorial) | Defense |
|---|---|
| Launched | Sep 29, 2011 |
| Already in the S&P 500, by weight (ETFIQ) | 32.4% |
| Active share vs the S&P 500 (ETFIQ) | 97.9% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 3.2% |
| Active share vs the Nasdaq-100 (ETFIQ) | 99.8% |
| Top ten holdings weight | 30.4% |
| Holdings | 48 |
| Net assets (latest filing) | $6,468M |
| Holdings as of (SEC N-PORT) | Jun 30, 2026 |
| Top holdings | VSE Corp 3.4%, Axon Enterprise Inc 3.2%, StandardAero Inc 3.1%, FTAI Aviation Ltd 3.1%, Carpenter Technology Corp 3.0%, General Electric Co 3.0%, Woodward Inc 3.0%, HEICO Corp 2.9%, Moog Inc 2.9%, TransDigm Group Inc 2.8% |
| 3 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | −7.2% / +4.7% / −11.9 pts / −9.3 pts |
| 6 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | −9.4% / +15.2% / −24.5 pts / −29.5 pts |
| 1 year: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +17.9% / +20.0% / −2.1 pts / −7.7 pts |
| 3 years: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +113.8% / +78.0% / +35.9 pts / +20.3 pts |
| since launch: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +1074.6% / +760.4% / +314.2 pts / −342.9 pts |
| Below its all-time high (ETFIQ) | −14.8% |
| Expense ratio (prospectus XBRL) | 0.35% |
| Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ) | 0.36% |
| Closest funds by holdings overlap | GCAD 53%, ITA 50%, MISL 48%, PPA 46%, NATO 37% |
Questions people ask
- How much of XAR is already in the S&P 500?
- By its holdings filed for Jun 30, 2026, 32% of XAR by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different.
- What does XAR hold?
- 48 positions as filed for Jun 30, 2026, with the top ten at 30% of the fund. The largest are VSE Corp at 3.4%, Axon Enterprise Inc at 3.2%, StandardAero Inc at 3.1%.
- Has XAR beaten the S&P 500?
- Over the year to Sep 4, 2026 XAR returned +17.9% with distributions reinvested, against +20.0% for the S&P 500, so it finished behind the index by 2.1 points.
- What does XAR cost?
- The prospectus expense ratio is 0.35% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.36%.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
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