Key takeaways
- These two aerospace and defense ETFs invest in many of the same companies, but their different approaches could lead to surprising outcomes as military spending and commercial aviation trends evolve.
- The State Street fund is slightly more affordable with a 0.35% expense ratio compared to the 0.37% charged by iShares.
- The State Street SPDR S&P Aerospace & Defense ETF tracks the S&P Aerospace & Defense Select Industry Index, concentrating 100% of its portfolio in Industrials.
Both of these ETFs offer exposure to military spending and commercial aviation. The iShares U.S. Aerospace & Defense ETF is heavily concentrated in industry giants, while the State Street fund spreads its holdings more evenly.
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