VS
iShares U.S. Aerospace & Defense Index ETF (XAD) and Harvest Industrial Leaders Income ETF (HIND) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XAD focuses its top 3 sector exposures on Industrials and Non-Energy Materials, while HIND leans towards Industrials and Business Services. When evaluating costs, XAD features a management fee (MER) of 0.39%, compared to 0.75% for HIND. Performance-wise, XAD has returned 3.32% year-to-date with +$53 M in net flows, whereas HIND is at 14.18% with +$41 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
XAD
HIND
| AuM | $162.21 M | $116.60 M |
| Management Fees | 0.39% | 0.75% |
| Exp. ratio | 0.43% | 0.99% |
| Tracking Difference | -0.62% | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XAD | -13.38% | -8.10% | +3.32% | +10.11% | - |
HIND | -5.78% | +1.24% | +14.18% | +17.02% | - | |
| Flows | XAD | -$3 M | -$4 M | +$53 M | +$77 M | - |
HIND | +$3 M | +$16 M | +$41 M | +$51 M | - |
XAD vs HIND exposure
Countries
XAD
USA
99.82%
HIND
USA
89.22%
Other
10.78%
Sectors
XAD
Industrials
96.32%
HIND
Industrials
94.64%
As of September 11, 2026
Top 10 Holdings
XAD
GE Aerospace
21.91%
RTX Corp.
17.08%
The Boeing Co.
9.26%
General Dynamics Corp.
4.77%
Howmet Aerospace, Inc.
4.73%
Lockheed Martin Corp.
4.65%
TransDigm Group, Inc.
4.39%
Northrop Grumman Corp.
4.20%
L3Harris Technologies, Inc.
3.62%
Axon Enterprise, Inc.
3.03%
HIND
Lockheed Martin Corp.
5.69%
Union Pacific Corp.
5.36%
General Dynamics Corp.
5.31%
Eaton Corp. Plc
5.24%
Canadian Pacific Kansas City Ltd.
5.22%
Parker-Hannifin Corp.
5.21%
RTX Corp.
5.21%
AMETEK, Inc.
5.20%
Fastenal Co.
5.17%
Republic Services, Inc.
5.05%
Diversification
XAD
Total weight of top 10 holdings out of 49 total
77.64%
HIND
Total weight of top 10 holdings out of 20 total
52.66%
Characteristics
Compare
XAD
HIND
| Provider | iShares | Harvest Portfolios Group |
| Management | Passively managed | Actively managed |
| Benchmark | Dow Jones U.S. Select Aerospace & Defense Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.33% | 7.25% |
| Meets ESG criteria | No | No |
| Inception Date | September 6, 2023 | April 15, 2024 |
Frequently asked questions about XAD and HIND
Which ETF has performed better year to date: XAD or HIND?
As of September 11, 2026, XAD has returned 3.32% year to date, while HIND has returned 14.18%. HIND is ahead on YTD performance.
Which ETF is larger by assets under management: XAD or HIND?
As of September 11, 2026, XAD manages $162.21 M in assets, while HIND manages $116.60 M. XAD is the larger fund by AUM.
How are XAD and HIND managed?
XAD is passively managed by iShares. It tracks the Dow Jones U.S. Select Aerospace & Defense Index - CAD benchmark. HIND is actively managed by Harvest Portfolios Group. It does not track an index.
What sectors do XAD and HIND emphasize?
XAD is most exposed to Industrials and Non-Energy Materials. HIND is most exposed to Industrials and Business Services.
Which ETF is attracting more investor flows: XAD or HIND?
Year to date, XAD has seen +$53.32 M in net flows, compared with +$41.02 M for HIND. XAD has attracted more net investor money so far.
How do the fees of XAD and HIND compare?
XAD has an expense ratio of 0.43%, while HIND has an expense ratio of 0.99%.
What are the top holdings of XAD and HIND?
XAD's largest holdings include GE Aerospace, RTX Corp., and The Boeing Co.. HIND's top holdings include Lockheed Martin Corp., Union Pacific Corp., and General Dynamics Corp..
Which ETF is more diversified: XAD or HIND?
XAD holds 47 securities, while HIND holds 20. On holdings count, XAD is the more diversified portfolio.
Recent articles about XAD and HIND
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