NASDAQ | ETF
The index is designed to provide exposure to companies that have business operations in the aerospace and defense industry and are headquartered in a country that is a member of NATO.
The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and ADRs and GDRs based on the securities in the index.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AXON | Axon Enterprise Inc. | Industrials | Aerospace & Defense | 5.31% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 5.21% |
| AIR | Airbus Group SE | Industrials | Aerospace & Defense | 5.11% |
| BA | The Boeing Company | Industrials | Aerospace & Defense | 4.95% |
| HON | Honeywell International Inc | Industrials | Conglomerates | 4.56% |
| SAF | Safran SA | Industrials | Aerospace & Defense | 4.52% |
| RR | Rolls-Royce Holdings PLC | Industrials | Aerospace & Defense | 4.45% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 4.23% |
| TDG | Transdigm Group Incorporated | Industrials | Aerospace & Defense | 4.14% |
| LHX | L3Harris Technologies Inc | Industrials | Aerospace & Defense | 3.95% |
| GD | General Dynamics Corporation | Industrials | Aerospace & Defense | 3.94% |
| NOC | Northrop Grumman Corporation | Industrials | Aerospace & Defense | 3.94% |
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 3.92% |
| BA | BAE Systems plc | Industrials | Aerospace & Defense | 3.85% |
| LMT | Lockheed Martin Corporation | Industrials | Aerospace & Defense | 3.56% |
| TDY | Teledyne Technologies Incorporated | Technology | Scientific & Technical Instruments | 2.75% |
| LDOS | Leidos Holdings Inc | Technology | Information Technology Services | 2.64% |
| MTX | MTU Aero Engines AG | Industrials | Aerospace & Defense | 2.34% |
| TXT | Textron Inc | Industrials | Aerospace & Defense | 1.88% |
| CW | Curtiss-Wright Corporation | Industrials | Aerospace & Defense | 1.73% |