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 |
|---|---|---|---|---|
| GE | GE Aerospace | Industrials | Aerospace & Defense | 8.61% |
| BA | The Boeing Company | Industrials | Aerospace & Defense | 7.57% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 7.42% |
| HON | Honeywell International Inc | Industrials | Conglomerates | 7.39% |
| AIR | Airbus Group SE | Industrials | Aerospace & Defense | 5.92% |
| LMT | Lockheed Martin Corporation | Industrials | Aerospace & Defense | 5.82% |
| RR | Rolls-Royce Holdings PLC | Industrials | Aerospace & Defense | 5.19% |
| SAF | Safran SA | Industrials | Aerospace & Defense | 5.01% |
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 4.79% |
| BA | BAE Systems plc | Industrials | Aerospace & Defense | 4.11% |
| TDG | Transdigm Group Incorporated | Industrials | Aerospace & Defense | 4.06% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 3.77% |
| NOC | Northrop Grumman Corporation | Industrials | Aerospace & Defense | 3.58% |
| GD | General Dynamics Corporation | Industrials | Aerospace & Defense | 3.35% |
| AXON | Axon Enterprise Inc. | Industrials | Aerospace & Defense | 3.01% |
| LHX | L3Harris Technologies Inc | Industrials | Aerospace & Defense | 2.51% |
| LDOS | Leidos Holdings Inc | Technology | Information Technology Services | 1.86% |
| HO | Thales S.A. | Industrials | Aerospace & Defense | 1.34% |
| KOG | Kongsberg Gruppen ASA | Industrials | Aerospace & Defense | 1.24% |
| MTX | MTU Aero Engines AG | Industrials | Aerospace & Defense | 1.21% |