iShares U.S. Aerospace & Defense Index ETF (XAD.TO) ETF Analysis

Fund Overview

iShares U.S. Aerospace & Defense Index ETF (XAD.TO) is an exchange-traded fund. The fund is issued by BlackRock Asset Management Canada Ltd. It has been trading since September 6, 2023. Total net assets stand at CA$182.66M.

The largest positions on file are GE Aerospace (GE), RTX Corp (RTX), and Boeing Co (BA). GE Aerospace alone accounts for 22.06% of the portfolio. The ten largest positions together make up 77.58% of the fund.

Performance Analysis

The most recent close on file for XAD.TO is CA$100.80, dated September 4, 2026. The trailing one-year price return is +14.07%. Across 3 years the annualized return works out at +28.91%. The fund distributes at a trailing yield of 0.3%.

The strongest complete calendar year on file is 2025 at +41.77%; the weakest is 2024 at +25.00%. 2026 is still running; the price is +5.74% year to date.

Price & Risk Profile

The 52-week range on file runs from CA$87.20 to CA$115.89. The latest close sits 15.6% above that 52-week low. Annualized volatility over the trailing 3 years is 20.35%. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.