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XARvsHWAYETF Comparison
SPDR S&P Aerospace & Defense ETF (XAR) belongs to the US Large Cap segment. Themes US Infrastructure ETF (HWAY) is part of the Infrastructure segment. XAR's top 3 sector exposures are Industrials, Materials and Information Technology. In contrast, HWAY's top sector exposures are Industrials, Materials and Consumer Discretionary. XAR is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.29% for HWAY. XAR is up 15.19% year-to-date (YTD) with +$898M in YTD flows. HWAY performs worse with 9.56% YTD performance, and +$689K in YTD flows. Run a side-by-side ETF comparison of XAR and HWAY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
XAR vs HWAY performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XAR HWAY | +3.90%-7.23% | +16.25%+5.45% | +15.19%+9.56% | +76.15%+38.54% | +147.29%n/a | +128.62%n/a |
| Flows | XAR HWAY | +$358M+$359K | +$950M+$1M | +$898M+$689K | +$1.55B+$1M | +$2.05B- | +$2.24B- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XAR HWAY | +30.70%+20.43% | +27.13%+22.18% | +21.61%n/a | +22.54%n/a |
| Max drawdown | XAR HWAY | -11.13%-8.10% | -14.79%-13.68% | -19.74%n/a | -32.38%n/a |
| Max drawdown duration | XAR HWAY | 51d17d | 31d37d | 109dn/a | 904dn/a |
XAR | HWAY | |
Last sale 3/11/2026 at 1:30 PM | $277.45 | $33.88 |
| Previous close 03/11/2026 | $277.95 | $33.93 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
XAR | HWAY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
XAR | HWAY | |
|---|---|---|
| Last price | $277.45 | $33.88 |
| 1D performance | -0.18% | -0.15% |
| AuM | $6.30 B | $2.71 M |
| E/R | 0.35% | 0.29% |
XAR | HWAY | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | SPDR | Themes Management Company |
| Benchmark | S&P Aerospace & Defense Select Industry Index | Solactive United States Infrastructure Index |
| N° of holdings | 35 | 94 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 28, 2011 | September 12, 2024 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the XAR and HWAY ETFs performed in 2026?
As of March 11, 2026, XAR is up 15.19% year-to-date (YTD), while HWAY has returned 9.56%. That puts XAR better performer ahead so far this year.
Which ETF is attracting more investor money: XAR or HWAY?
Year-to-date, the XAR ETF saw +$898M in flows, compared to +$689K for HWAY.
Which ETF is more volatile: XAR or HWAY?
Over the past year, XAR had a volatility of 27.13%, while HWAY experienced 22.18%.
Which ETF is bigger: XAR or HWAY?
As of March 11, 2026, XAR holds $6.30 B in assets under management (AUM), while HWAY manages $2.71 M.
What sectors do the XAR and HWAY ETFs invest in?
XAR leans toward sectors like Industrials. Meanwhile, HWAY focuses on Industrials and Materials.
What are the top holdings of the XAR ETF and HWAY ETF?
XAR top holdings include US4859241048, US7731211089 and LOCKHEED MARTIN. HWAY holds in its top three: CATERPILLAR, PARKER HANNIFIN and DEERE.
Which ETF is more diversified: XAR or HWAY?
XAR holds 40 securities with 54.75% of its assets in the top 15. HWAY has 99 securities and a top 15 weight of 57.24%.
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