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XAD ETF · iShares U.S. Aerospace & Defense Index ETF
The XAD Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: Dow Jones U.S. Select Aerospace & Defense Index. The XAD ETF provides physical exposure, so by buying it you actually own parts of all the 41 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
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This fund is part ofUS Industrials1M perf.-2.52%
Last price
$102.14
1M perf.
+3.35%
1M flows
+€13M
AuM
€114M
E/R
0.43%
Rating
Not rated
ESG Consensus®
XAD
$102.14
Performance & flows
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December 11, 2025 → March 11, 2026
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XAD
$105.14
+13.33%
US Industrials
+7.75%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +3.35%  | +13.33% | +51.99% | N/A | N/A | -2.32% | +10.40% | +10.40% | |
| Flows |
Key fund info
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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
Issuer
CUSIP
46390A108
ISIN
CA46390A1084
AuM
€114M
E/R
0.43%
Replication rating
Not rated
ESG Consensus®
More details
NAV
3/11/2026
$105.14
1D NAV change
-0.02%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
41
Inception date
9/6/2023
Jurisdiction
Canada
Distribution
Canada
Legal structure
Open-end Investment Company
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
The ETF has been designed to provide investors with exposure to the performance of an index, selected at the discretion of BlackRock, that is designed to measure the performance of U.S. companies in the aerospace & defense sector. The current index for the ETF is the Dow Jones U.S. Select Aerospace & Defense Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Enterprise
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Risk profile
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Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +13.33% | +51.99% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
USA
99.96%
Sectors
Industrials
91.64%
Materials
2.73%
Unavailable
5.40%
Other
0.23%
Diversification
Total weight of top 15 holdings out of 41
Top 15 holdings
Data as of January 31, 2026
GENERAL ELECTRIC
RAYTHEON TECHNOLOGIES CORPORD
BOEING U
LOCKHEED MARTIN
NORTHROP GRUMMAN
L3 HARRIS TECHNOLOGIES
TRANSDIGM GROUP
HOWMET AEROSPACE INC
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GENERAL DYNAMICS
US7731211089
AXON ENTERPRISE INC
CURTISS WRIGHT
HEICO
BWX TECHNOLOGIES INC
WOODWARD
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about XAD ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
XAD’s has a Final Sustainability Grade of either C+, C, C-, or D.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
14.90% of holdings have positive scoring
85.14% of holdings have negative scoring
7.83%
6.76%
44.15%
39.35%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
Dow Jones U.S. Select Aerospace & Defense Index - CAD
Index ticker
DJSASDCT Index
Index dividend policy
GTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
iShares
iShares ID Card
Number of funds
1720
Total AuM
€4.97T
Expense ratio range
0.03% - 1.51%
Average expense ratio
0.285%
Top 5 funds by iShares
| AuM | ||
|---|---|---|
IVV | iShares Core S&P 500 ETF | €623.93B |
IEFA | iShares Core MSCI EAFE ETF | €149.15B |
IEMG | iShares Core MSCI Emerging Markets ETF | €121.54B |
AGG | iShares Core U.S. Aggregate Bond ETF | €120.49B |
CSSPX | iShares Core S&P 500 UCITS ETF | €114.27B |
Frequently asked questions about XAD
What does iShares U.S. Aerospace & Defense Index ETF, XAD, invest in?
XAD is a Passive ETF. This ETF provides exposure to US Aerospace & Defense Equities.
Which benchmark or index does XAD replicate?
XAD tracks the Dow Jones U.S. Select Aerospace & Defense Index - CAD, through a full replication replication method.
What is the Total Expense ratio (TER) of XAD?
XAD carries a total expense ratio (TER) of 0.43%, indicating the annual cost for holding the fund.
When was XAD launched?
XAD was introduced to the market on September 6, 2023. It trades on Canada
Who is the ETF issuer of XAD?
iShares U.S. Aerospace & Defense Index ETF, XAD, is provided by iShares. Learn more about iShares here.
What is the current assets under management (AUM) of XAD?
XAD oversees €114M in assets as of March 11, 2026.
How has XAD performed lately?
Based on data from March 11, 2026, XAD returned 3.35% over the past month, 13.33% over the last three months and 10.40% year-to-date.
What are the latest inflows or outflows for XAD?
As of March 11, 2026, XAD recorded net flows of +€13M over the last month and +€36M year-to-date.
Does XAD distribute dividends?
XAD follows a distributing dividend policy, meaning it pays out income to investors. As of March 11, 2026, its 12-month trailing yield was 0.32%.
What are the main country or region exposures of XAD?
As of January 31, 2026, XAD has significant geographic allocations in USA.
In which sector or theme does XAD invest in?
As of January 31, 2026, XAD focuses largely on Industrials and Materials.
How many securities does XAD hold and how diversified is it?
As of January 31, 2026, XAD holds 41 positions in its portfolio, with 85.33% of assets concentrated in its top 15 holdings.
What are the main positions in XAD?
As of January 31, 2026, XAD top three holdings include GENERAL ELECTRIC, RAYTHEON TECHNOLOGIES CORPORD and BOEING U.
What is the base currency of XAD?
The base currency of XAD is CAD.
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