EUAD

Select STOXX Europe Aerospace & Defense ETF

$43.25

+0.00%

Market closed. Last update: 12:30 PM ET

📎 Investment Objective

The EUAD ETF seeks to track the performance of the STOXX Europe Aerospace & Defense Index, which provides exposure to leading European companies in the aerospace and defense industries.

Overview

ETF tracking Select STOXX Europe Aerospace & Defense ETF

Category Industrials

Issuer Other

Inception Date 2024-10-22

Market Cap $1.1B

Average Volume N/A

Dividend Yield 0.05%

52-Week Range $24.24 - $47.25

VWAP $43.24

Performance

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Investment Summary

📎 Investment Objective

The EUAD ETF seeks to track the performance of the STOXX Europe Aerospace & Defense Index, which provides exposure to leading European companies in the aerospace and defense industries.

🎯 Investment Strategy

The ETF employs a passive, index-tracking strategy, investing in the constituent stocks of the underlying index in proportion to their weightings. This approach aims to replicate the index's returns before fees and expenses.

✨ Key Features

Provides targeted exposure to the European aerospace and defense sector
Diversified portfolio of leading companies in the industry
Low-cost, passively managed fund with a 0.00% expense ratio
Tracks the STOXX Europe Aerospace & Defense Index

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Potential volatility due to the cyclical nature of the aerospace and defense industries
Exposure to European economic and political developments
Tracking error risk as the fund may not perfectly replicate the index performance

👤 Best For

The EUAD ETF may be suitable for investors seeking targeted exposure to the European aerospace and defense sector as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon who are comfortable with the risks associated with the industry.