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 |
|---|---|---|---|---|
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 7.14% |
| BA | BAE Systems plc | Industrials | Aerospace & Defense | 6.39% |
| RR | Rolls-Royce Holdings PLC | Industrials | Aerospace & Defense | 5.46% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 5.22% |
| NOC | Northrop Grumman Corporation | Industrials | Aerospace & Defense | 4.80% |
| SAF | Safran SA | Industrials | Aerospace & Defense | 4.73% |
| LMT | Lockheed Martin Corporation | Industrials | Aerospace & Defense | 4.67% |
| BA | The Boeing Company | Industrials | Aerospace & Defense | 4.42% |
| AIR | Airbus Group SE | Industrials | Aerospace & Defense | 4.42% |
| TDG | Transdigm Group Incorporated | Industrials | Aerospace & Defense | 4.30% |
| GD | General Dynamics Corporation | Industrials | Aerospace & Defense | 4.25% |
| HON | Honeywell International Inc | Industrials | Conglomerates | 4.23% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 4.20% |
| LHX | L3Harris Technologies Inc | Industrials | Aerospace & Defense | 3.96% |
| AXON | Axon Enterprise Inc. | Industrials | Aerospace & Defense | 3.80% |
| HO | Thales S.A. | Industrials | Aerospace & Defense | 2.45% |
| TDY | Teledyne Technologies Incorporated | Technology | Scientific & Technical Instruments | 2.04% |
| LDO | Leonardo S.p.A. | Industrials | Aerospace & Defense | 2.02% |
| LDOS | Leidos Holdings Inc | Technology | Information Technology Services | 1.79% |
| MTX | MTU Aero Engines AG | Industrials | Aerospace & Defense | 1.66% |