Investing in the defense industry can provide stable returns even in challenging times. With a focus on reliable revenue streams, here are some of the top defense ETFs to consider in 2024
iShares U.S. Aerospace & Defense ETF
The largest defense ETF with exposure to domestic aerospace and defense companies, holding top stocks like General Electric and Lockheed Martin.
Invesco Aerospace & Defense ETF
Based on the SPADE Defense Index, this ETF identifies companies involved in U.S. defense and aerospace sectors, including Lockheed Martin and Boeing.
SPDR S&P Aerospace & Defense ETF
Invests in stocks from the S&P Aerospace & Defense Select Industry Index, providing exposure to mid-cap and small-cap industry players in addition to the prime contractors.
ARK Space Exploration & Innovation ETF
Run by Cathie Wood's Ark Invest, this actively managed fund focuses on growth in space-related companies and enabling technologies.
Direxion Daily Aerospace & Defense Bull 3X Shares
Intended to generate a 300% return daily compared to its benchmark index, with a focus on companies like General Electric and Boeing.
SPDR S&P Kensho Future Security ETF
Tracking companies in cybersecurity, military robotics, and space technology, this ETF offers exposure to future security trends.
With a diverse range of options, investing in defense ETFs can provide investors with a basket of companies designed to weather market volatility while offering a steady stream of income. Consider these top defense ETFs in 2024 for a stable investment choice.