Aerospace ETF Shakes Off Boeing Woes to Soar Over S&P 500

The video discusses the persistent geopolitical tensions and the US government's continued defense spending. It introduces the XAR ETF, which provides investors with exposure to the aerospace and defense sector. Despite challenges faced by Boeing, one of its major holdings, XAR has performed well. The fund includes over 30 companies like Maxar Technologies and Lockheed Martin, with assets totaling approximately $2.25 billion and an expense ratio of 35 basis points. Long-term, XAR has outperformed the S&P 500, earning a favorable rating from Bloomberg Intelligence, albeit with a caution regarding its weighting system.

Which notable company is mentioned as struggling over the past year?

What warning does the Bloomberg Intelligence Traffic Light system give regarding the ETF?