Key stats
About Select STOXX Europe Aerospace & Defense ETF
Home page
Inception date
Oct 22, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tuttle Capital Management LLC
Distributor
Capital Investment Group, Inc.
EUAD aims to provide a different geographical view on aerospace and defense spending. The fund tracks an index of European stocks or ADRs of companies headquartered in Europe that derive at least fifty percent of their revenue from the complete supply chain tied to aerospace and defense industry. The investment thesis is that given global tension and shifting security commitments, the focus on European companies may provide opportunities. Such companies include manufacturing, service, supply and distribution of aeronautical equipment, components, hardware, software, or electronic systems. In addition, companies that directly support civil or military defense efforts. The ETF uses a replication strategy, meaning it will aim to hold all the component stocks in the same proportions. Holdings are market-cap weighted. The index is rebalanced and reconstituted daily.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Stocks97.48%
Electronic Technology96.94%
Producer Manufacturing0.55%
Bonds, Cash & Other2.52%
Cash2.52%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EUAD invests in stocks. The fund's major sectors are Electronic Technology, with 96.94% stocks, and Producer Manufacturing, with 0.55% of the basket. The assets are mostly located in the Europe region.
EUAD top holdings are Airbus SE Unsponsored ADR and Safran SA Unsponsored ADR, occupying 18.70% and 18.17% of the portfolio correspondingly.
EUAD assets under management is 747.12 M USD. It's risen 37.92% over the last month.
EUAD fund flows account for 658.23 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EUAD pays dividends to its holders with the dividend yield of 0.06%. The last dividend (Dec 31, 2024) amounted to 0.02 USD. The dividends are paid annually.
EUAD shares are issued by Tuttle Capital Management LLC under the brand Tuttle Capital. The ETF was launched on Oct 22, 2024, and its management style is Passive.
EUAD expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
EUAD follows the STOXX Europe TMI / Aerospace & Defense - SEC. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EUAD invests in stocks.
EUAD price has risen by 16.68% over the last month, and its yearly performance shows a 49.87% increase. See more dynamics on EUAD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 15.67% over the last month, showed a 40.07% increase in three-month performance and has increased by 62.25% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 15.67% over the last month, showed a 40.07% increase in three-month performance and has increased by 62.25% in a year.
EUAD trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.