It is tempting, at the Bourget Salon, to highlight this ETF dedicated to the Aerospace & defense sector.
XAR is composed of 38 US companies, based on the S&P aerospace & Defense Select industry index.
Main holdings are Boeing, Axon, Orbital, General Dynamics, L3 Technologies, Raytheon, Lockheed Martin, Northrop Grumman, Textron and Rockwell Collins.
Its fees are 0.35% and the fund is 648 M$.
XAR experienced a wave of increase, from 46$ in February 2016 to 71$ in June 2017. EMA 26 worked well as a support for the trend throughout this period.
XAR remains well oriented, and its oscillators (MACD and RSI) are positive, without being overbought.
We are positive in both the short and long term.
XAR (Aerospace & Defense), weekly data :
