SPDR® S&P Aerospace & Defense ETF

Shareclass
SPDR® S&P Aerospace & Defense ETF (XAR)
Type
Exchange-traded fund
Prison industrial complex grade: One or more holdings were flagged as higher risk by our prison industrial complex screen, making up over 2% of the portfolio. Assigned a grade of F.
F
$829.44 MILLION
Prison industrial complex
9
flagged holdings
32%
of assets flagged
Data as of 31 Mar 2025
Flagged investments:
$829.44 MILLION, 32% of assets
 Higher risk:
$729.93 MILLION, 28% of assets
 Private prison operators:
$0, 0% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
2
holdings
$108.56M
invested
4.19%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
9
holdings
$829.44M
invested
32%
of portfolio
All flagged holdings
9 holdings
9 holdings
  • 1.  
     Northrop Grumman Corp
    Border industry
    $109.34M
    4.22%
  • 2.  
     General Dynamics Corp
    Border industry
    $106.36M
    4.1%
  • 3.  
     RTX Corp
    Border industry
    $105.03M
    4.05%
  • 4.  
     L3Harris Technologies Inc
    Border industry
    $101.63M
    3.92%
  • 5.  
     Textron Inc
    Border industry
    $100.8M
    3.89%
Higher risk
Private prison operator
See all
SPDR® S&P Aerospace & Defense ETF $XAR is 32% ($829.44 MILLION) invested in companies with prison involvement
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Financial performance
Performance data provided byMorningstarFind more financial data on XAR at Morningstar.com
Current fund
XAR
SPDR® S&P Aerospace & Defense ETF
Family
State Street
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
2.65% more in annualized returns
Less invested in private prison operators 
0.01% less invested
More invested in higher risk companies, prison industry 
3.97% more invested
More invested in higher risk companies, border industry 
27% more invested
More invested in higher risk companies 
27% more invested
Less invested in all screened prison industry companies 
7.34% less invested
More invested in all screened border industry companies 
21% more invested
More invested in all screened companies 
18% more invested
Current fund
XAR
SPDR® S&P Aerospace & Defense ETF
Family
State Street
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
2.65% more in annualized returns
Less invested in private prison operators 
0.01% less invested
More invested in higher risk companies, prison industry 
3.97% more invested
More invested in higher risk companies, border industry 
27% more invested
More invested in higher risk companies 
27% more invested
Less invested in all screened prison industry companies 
7.34% less invested
More invested in all screened border industry companies 
21% more invested
More invested in all screened companies 
18% more invested
Current fund
XAR
SPDR® S&P Aerospace & Defense ETF
Family
State Street
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
2.65% more in annualized returns
Less invested in private prison operators 
0.01% less invested
More invested in higher risk companies, prison industry 
3.97% more invested
More invested in higher risk companies, border industry 
27% more invested
More invested in higher risk companies 
27% more invested
Less invested in all screened prison industry companies 
7.34% less invested
More invested in all screened border industry companies 
21% more invested
More invested in all screened companies 
18% more invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
XAR - SPDR® S&P Aerospace & Defense ETF
15%
9.57%
17%
12%
0% 
Benchmark
ACWI - iShares MSCI ACWI ETF
7.43%
7.17%
15%
8.99%
<0.01% 
Fund compared to benchmark
 
7.65%
2.4%
1.61%
2.65%
<0.01%  lower
Find more financial data on XAR at Morningstar.com
What's next?
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Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
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