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XARvsHVACETF Comparison

ETF 1
XAR

State Street SPDR S&P Aerospace & Defense ETF

This fund is part of
US Large Cap
+0.9%
VS
ETF 2
HVAC

AdvisorShares HVAC and Industrials ETF

This fund is part of
Uncategorized Equities
+0.6%

State Street SPDR S&P Aerospace & Defense ETF (XAR) belongs to the US Large Cap segment. AdvisorShares HVAC and Industrials ETF (HVAC) is part of the Uncategorized Equities segment. XAR's top 3 sector exposures are Industrials, Materials and Information Technology. In contrast, HVAC's top sector exposures are Industrials, Information Technology and Consumer Discretionary. XAR is less expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.89% for HVAC. XAR is up 6.4% year-to-date (YTD) with +$968M in YTD flows. HVAC performs better with 28.89% YTD performance, and +$4M 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

-5051015%Mar 24Mar 31Apr 8Apr 15Apr 22

Cumulative Flows

-40,000,000-20,000,000020,000,00040,000,000Mar 24Mar 31Apr 8Apr 15Apr 22

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
XAR
HVAC
-1.95%+13.83%
-8.36%+16.34%
+6.40%+28.89%
+53.34%+77.57%
+125.22%n/a
+105.40%n/a
Flows
XAR
HVAC
+$37M+$326K
+$545M+$4M
+$968M+$4M
+$1.70B+$8M
+$2.12B-
+$2.43B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
XAR
HVAC
+32.98%+35.13%
+25.36%+25.80%
+22.40%n/a
+23.01%n/a
Max drawdown
XAR
HVAC
-16.33%-14.84%
-17.03%-14.84%
-19.74%n/a
-32.38%n/a
Max drawdown duration
XAR
HVAC
53d44d
95d44d
109dn/a
904dn/a
Trading data

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XAR
HVAC
Last sale
4/27/2026 at 1:30 PM
$258.00
$40.03
Previous close
04/24/2026
$256.45
$39.96
Consolidated volume
04/24/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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HVAC
is actively managed and doesn’t replicate an index

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XAR
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 4/27/2026 at 1:30 PM
Live
Closed
XAR
HVAC
Last price
$258.00
$40.03
1D performance
+0.60%
+0.18%
AuM$5.87 B$9.78 M
E/R0.35%0.89%
Characteristics
XAR
HVAC
Management strategyPassiveActive
ProviderState Street Investment ManagementAdvisorShares
BenchmarkS&P Aerospace & Defense Select Industry Index-
N° of holdings3424
Asset classEquities-
Trailing 12m distribution yield
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Inception dateSeptember 28, 2011February 3, 2025
ESGNoNo
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Exposure

Countries

XAR
USA
96.81%
Other
3.19%
HVAC
USA
90.73%
Other
9.27%

Sectors

XAR
Industrials
75.52%
Other
24.48%
HVAC
Industrials
66.74%
Information Techn.
13.03%
Other
20.23%
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Diversification

XAR

Total weight of top 15 holdings out of 15

47.2%
HVAC

Total weight of top 15 holdings out of 15

64.51%

Top 15 holdings

Data as of March 31, 2026
XAR
BWX TECHNOLOGIES INC
3.46%
CURTISS WRIGHT
3.26%
GENERAL DYNAMICS
3.21%
CARPENTER TECHNOLOGY
3.20%
HEXCEL
3.17%
L3 HARRIS TECHNOLOGIES
3.14%
KYG3730V1059
3.12%
TEXTRON
3.11%
RAYTHEON TECHNOLOGIES CORPORD
3.08%
LOCKHEED MARTIN
3.08%
NORTHROP GRUMMAN
3.08%
BOEING U
3.08%
WOODWARD
3.07%
ATI INC
3.06%
TRANSDIGM GROUP
3.05%
HVAC
COMFORT SYSTEMS USA
5.87%
BWX TECHNOLOGIES INC
5.09%
JABIL CIRCUIT
4.99%
FLOWSERVE
4.83%
US36828A1016
4.64%
AMPHENOL
4.49%
VERTIV HOLDINGS
4.43%
FLUOR
4.19%
STERLING INFRASTRUCTURE INC
3.96%
AMETEK
3.85%
PARKER HANNIFIN
3.81%
WILLDAN GROUP
3.80%
CURTISS WRIGHT
3.57%
BELDEN
3.55%
DOVER
3.44%
Frequently asked questions about XAR and HVAC

How have the XAR and HVAC ETFs performed in 2026?

As of April 24, 2026, XAR is up 6.4% year-to-date (YTD), while HVAC has returned 28.89%. 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 +$968M in flows, compared to +$4M for HVAC.

Which ETF is more volatile: XAR or HVAC?

Over the past year, XAR had a volatility of 25.36%, while HVAC experienced 25.8%.

Which ETF is bigger: XAR or HVAC?

As of April 24, 2026, XAR holds $5.87 B in assets under management (AUM), while HVAC manages $9.78 M.

What sectors do the XAR and HVAC ETFs invest in?

XAR leans toward sectors like Industrials. Meanwhile, HVAC focuses on Industrials and Information Technology.

What are the top holdings of the XAR ETF and HVAC ETF?

XAR top holdings include BWX TECHNOLOGIES INC, CURTISS WRIGHT and GENERAL DYNAMICS. HVAC holds in its top three: COMFORT SYSTEMS USA, BWX TECHNOLOGIES INC and JABIL CIRCUIT.

Which ETF is more diversified: XAR or HVAC?

XAR holds 41 securities with 47.2% of its assets in the top 15. HVAC has 25 securities and a top 15 weight of 64.51%.

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