ETF·NYSE
State Street SPDR S&P Aerospace & Defense ETF (XAR)
- Net assets
- $5.54B
- Expense ratio
- 0.35%
- Yield
- 0.18%
- 52-week range
- $215.02 $297.79
The short version
Where XAR stands today, in four lines, and what CleaRank Financial AI makes of it.
XAR at a glance
State Street SPDR S&P Aerospace & Defense ETF (XAR): Sell, 25/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($252.85 and $266.84).
- Fund Expense ratio 0.35%, $5.5B in net assets, -1.6% total return over 1 year.
Figures as of October 16, 2026.
CleaRank Financial AI
The State Street SPDR S&P Aerospace & Defense ETF (XAR) is currently trading at $224.87, below its key moving averages, signaling a negative price trend.
The fund's strategy focuses on U.S. aerospace and defense companies, employing an equal-weighted structure to mitigate single-stock concentration risk. Despite its specialized sector focus, XAR has experienced significant price declines in recent periods, as evidenced by its negative 1-month and 3-month trailing returns. The fund's recent performance suggests a rotation out of the aerospace and defense sector or broader market headwinds impacting industrial equities.
Only on CleaRank
Figures we compute ourselves from XAR's own price history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $224.87 is 11.1% below the 50-day simple moving average of $252.85.Price above its 200-day average ›
The price is 15.7% below the 200-day simple moving average of $266.84.50-day average above the 200-day ›
The 50-day average ($252.85) is 5.2% below the 200-day average ($266.84), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 12% of its 52-week range, between $215.02 and $297.79.
XAR share price
Pick a period: each tab shows how far XAR has moved over it, to the last close.
Today's trading
Where XAR sits inside today's range and its 52-week range.
Fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
2/5Expense ratio at or below 0.20% ›
The fund charges 0.35% a year, $35.00 on a $10,000 holding.Over $1B in net assets ›
Net assets total $5.5B.No sector above 35% of the fund ›
The largest sector, Industrials, makes up 100.0% of the fund.Pays a distribution ›
The distribution yield is 0.18%.Positive return over one year ›
The fund family reports a one-year total return of -1.59%.
XAR Fund Facts
State Street SPDR S&P Aerospace & Defense ETF is an exchange-traded fund that provides focused exposure to U.S. aerospace and defense companies. The fund seeks to track the S&P Aerospace & Defense Select Industry Index, using a sampling approach and an equal-weighted structure that reduces concentration in any single holding. Its portfolio typically includes companies involved in aircraft manufacturing, defense systems, aerospace components, and related industrial technologies.
Sector weights
Trailing total returns
| Period | XAR |
|---|---|
| YTD | -4.03% |
| 1 month | -9.95% |
| 3 months | -18.63% |
| 1 year | -1.59% |
| 3 years | 27.89% |
| 5 years | 14.70% |
| 10 years | 15.61% |
As of Oct 16, 2026, XAR has an expense ratio of 0.35%, $5.54B in net assets and a distribution yield of 0.18%.
Fund reference data as of Oct 16, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
Key statistics
The headline figures for XAR.
What the numbers say
CleaRank Financial AI's reading of XAR's holdings, performance and risks.
The State Street SPDR S&P Aerospace & Defense ETF (XAR) is built around the S&P Aerospace & Defense Select Industry Index, which is equally weighted, ensuring that no single company dominates the fund's performance.
The fund's portfolio is almost entirely allocated to stocks, representing 99.93% of its assets, with a 100% weighting in the Industrials sector. This concentrated approach offers targeted exposure to companies involved in aircraft manufacturing, defense systems, and related industrial technologies. The expense ratio for XAR is 0.35%, costing $35.00 per $10,000 invested, which is a key consideration for long-term holding costs. The fund's net assets stand at $5.54 billion.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 32.8, showing bearish momentum without being oversold.RSI above 50 ›
An RSI of 32.8 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of XAR
The score, the reasoning behind it, and what could move the price next.
At $224.87, the State Street SPDR S&P Aerospace & Defense ETF (XAR) exhibits bearish technical signals, with its 14-day RSI at 32.8, indicating bearish momentum.
The ETF is trading below its 20-day EMA at $232.40, its 50-day SMA at $252.85, and its 200-day SMA at $266.84. This positioning below all major moving averages confirms a downtrend. The Stochastic indicator at 40.31 suggests a lack of strong upward momentum, while the CCI at -112.18 points to significant selling pressure. The ETF's recent volume has been slightly above its average, potentially indicating increased investor activity during this downturn.
- Watch for XAR to break above its 50-day SMA ($252.85) as an initial sign of potential trend reversal.
- Evaluate the expense ratio of 0.35% in the context of long-term investment goals.
Technical indicators
Momentum and trend for XAR, from its daily closes.
As of October 16, 2026, with XAR at $224.87, its 14-day RSI is 32.8 (showing bearish momentum without being oversold), its 50-day simple moving average is $252.85 and its 200-day is $266.84.
Calculated by CleaRank on daily closes as of October 16, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What XAR moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 16, 2026, XAR's 1-year correlation of daily returns is +0.68 with S&P 500 (SPY), +0.64 with Nasdaq 100 (QQQ), +0.34 with Bitcoin (BTC) and +0.28 with gold (XAU).
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
XAR trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Short entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from XAR's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much XAR tends to move, against the market and on its own.
The long record
XAR's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
4/4Average daily move under 2% ›
The price has moved 1.10% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 42.6%, from February 2020 to March 2020, regained by January 2021.Most 1-year holds ended higher ›
77% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $42,819, against $42,525 in the S&P 500 (SPY).
XAR Drawdowns & Recovery
As of October 16, 2026, XAR's worst peak-to-trough fall over the last 10 years with dividends reinvested was -42.6% (February 2020 to March 2020); it regained that peak by January 2021, 10 months after the low, and 77% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into XAR in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: XAR beat the S&P 500 over this period: $42,819 against $42,525.
A $10,000 investment in XAR in October 2016 would be worth about $42,819 today with dividends reinvested, compared with about $42,525 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to XAR, and which have not.
Strongest month, November: an average of +5.74%, up in 6 of 10 years.
Weakest month, March: an average of -3.52%, up in 4 of 10 years.
This month, October: has averaged +1.01%, up in 6 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, XAR's strongest calendar month has been November (average +5.74%, up in 6 of 10 years) and its weakest March (average -3.52%, up in 4 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in XAR, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in XAR today could grow to about $24,081 by 2036 in the base case, with a 90th-percentile outcome near $66,566 and a 10th-percentile outcome around $8,712. The simulation models price only; at today's 0.18% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
XAR 2030 Scenarios (Monte Carlo)
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $320 for XAR by 2030 in the base case, from $225 today (1.4x over 4 years). The 10th-percentile path ends near $168. These are outcomes of a Monte Carlo simulation run on XAR's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $178 | $246 | $339 | |
| 2028 | $170 | $268 | $422 | |
| 2029 | $168 | $293 | $511 | |
| 2030 | $168 | $320 | $608 | |
| 2031 | $170 | $349 | $716 |
Method: a lognormal simulation of XAR's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Questions people ask
Answered from the figures on this page, as of October 16, 2026.