XARvsHVACETF Comparison
ETF 1
XAR
State Street SPDR S&P Aerospace & Defense ETF
VS
State Street SPDR S&P Aerospace & Defense ETF (XAR) belongs to the segment. AdvisorShares HVAC and Industrials ETF (HVAC) is part of the Uncategorized Equities segment. XAR's top 3 sector exposures are Industrials, Non-Energy Materials and Technology. In contrast, HVAC's top sector exposures are Industrials, Technology and Business Services. XAR is less expensive with a Total Expense Ratio (TER) of 0.35%, versus 35.61% for HVAC. XAR is up 13.53% year-to-date (YTD) with +$862M in YTD flows. HVAC performs better with 17.29% YTD performance, and +$11M in YTD flows. Run a side-by-side ETF comparison of XAR and HVAC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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XAR vs HVAC performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XAR HVAC | -1.34%-10.71% | +6.15%-9.14% | +13.53%+17.29% | +24.84%+19.52% | +127.77%n/a | +120.82%n/a |
| Flows | XAR HVAC | -$113M+$3M | -$106M+$7M | +$862M+$11M | +$1.20B+$13M | +$2.02B- | +$2.34B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XAR HVAC | +31.46%+41.16% | +28.21%+31.69% | +23.65%n/a | +23.64%n/a |
| Max drawdown | XAR HVAC | -10.71%-17.10% | -17.03%-17.10% | -19.74%n/a | -28.28%n/a |
| Max drawdown duration | XAR HVAC | 21d35d | 189d35d | 109dn/a | 853dn/a |
Trading data
XAR | HVAC | |
Last sale 7/28/2026 at 4:31 PM | $271.27 | $34.72 |
| Previous close 07/27/2026 | $273.07 | $36.33 |
| Consolidated volume 07/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
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HVAC
is actively managed and doesn’t replicate an indexXAR | HVAC | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 7/28/2026 at 4:31 PM
Live
Closed
XAR | HVAC | |
|---|---|---|
| Last price | $271.27 | $34.72 |
| 1D performance | -0.66% | -4.43% |
| AuM | $6.12 B | $14.90 M |
| E/R | 0.35% | 35.61% |
Characteristics
XAR | HVAC | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | State Street Investment Management | AdvisorShares |
| Benchmark | S&P Aerospace & Defense Select Industry Index | - |
| N° of holdings | 47 | 22 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 28, 2011 | February 3, 2025 |
| ESG | No | No |
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Exposure
Countries
XAR
USA
98.62%
Other
1.38%
HVAC
USA
90.57%
Other
9.43%
Sectors
XAR
Industrials
93.67%
Other
6.33%
HVAC
Industrials
77.93%
Technology
16.04%
Other
6.03%
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Diversification
XAR
Total weight of top 15 holdings out of 15
44.3%
HVAC
Total weight of top 15 holdings out of 15
78.19%
Top 15 holdings
Data as of June 30, 2026
XAR
VSE Corp.
3.40%
Axon Enterprise, Inc.
3.22%
StandardAero, Inc.
3.11%
FTAI Aviation Ltd.
3.08%
Carpenter Technology Corp.
3.04%
GE Aerospace
3.02%
Woodward, Inc.
2.98%
HEICO Corp.
2.86%
Moog, Inc.
2.86%
TransDigm Group, Inc.
2.83%
Hexcel Corp.
2.81%
Karman Holdings, Inc.
2.80%
Howmet Aerospace, Inc.
2.77%
ATI, Inc.
2.77%
RTX Corp.
2.75%
HVAC
Sterling Infrastructure, Inc.
8.60%
Comfort Systems USA, Inc.
7.24%
Jabil, Inc.
5.96%
Amphenol Corp.
5.33%
Caterpillar, Inc.
5.01%
Trane Technologies Plc
4.84%
Curtiss-Wright Corp.
4.81%
Belden, Inc.
4.75%
Quanta Services, Inc.
4.72%
Bloom Energy Corp.
4.65%
nVent Electric Plc
4.63%
Vertiv Holdings Co.
4.61%
AAON, Inc.
4.50%
Generac Holdings, Inc.
4.27%
GE Vernova, Inc.
4.27%
Frequently asked questions about XAR and HVAC
How have the XAR and HVAC ETFs performed in 2026?
As of July 27, 2026, XAR is up 13.53% year-to-date (YTD), while HVAC has returned 17.29%. That puts HVAC better performer ahead so far this year.
Which ETF is attracting more investor money: XAR or HVAC?
Year-to-date, the XAR ETF saw +$862M in flows, compared to +$11M for HVAC.
Which ETF is more volatile: XAR or HVAC?
Over the past year, XAR had a volatility of 28.21%, while HVAC experienced 31.69%.
Which ETF is bigger: XAR or HVAC?
As of July 27, 2026, XAR holds $6.12 B in assets under management (AUM), while HVAC manages $14.90 M.
What sectors do the XAR and HVAC ETFs invest in?
XAR leans toward sectors like Industrials. Meanwhile, HVAC focuses on Industrials and Technology.
What are the top holdings of the XAR ETF and HVAC ETF?
XAR top holdings include VSE Corp., Axon Enterprise, Inc. and StandardAero, Inc.. HVAC holds in its top three: Sterling Infrastructure, Inc., Comfort Systems USA, Inc. and Jabil, Inc..
Which ETF is more diversified: XAR or HVAC?
XAR holds 48 securities with 44.3% of its assets in the top 15. HVAC has 22 securities and a top 15 weight of 78.19%.
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Latest news about XAR & HVAC
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