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, Materials, and Consumer Discretionary, while HIND leans towards Industrials. When evaluating costs, XAD features a management fee (MER) of 0.39%, compared to 0.75% for HIND. Performance-wise, XAD has returned 12.43% year-to-date with +$58 M in net flows, whereas HIND is at 12.78% with +$25 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 | $180.95 M | $102.00 M |
| Management Fees | 0.39% | 0.75% |
| Exp. ratio | 0.43% | 0.99% |
| Tracking Difference | -0.83% | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XAD | +7.06% | +1.83% | +12.43% | +34.36% | - |
HIND | +2.84% | +4.99% | +12.78% | +23.39% | - | |
| Flows | XAD | -$7 M | +$0 M | +$58 M | +$114 M | - |
HIND | +$7 M | +$15 M | +$25 M | +$39 M | - |
XAD vs HIND exposure
Countries
XAD
USA
97.77%
HIND
USA
90.80%
Other
9.20%
Sectors
XAD
Industrials
89.15%
Other
7.05%
HIND
Industrials
95.60%
As of June 11, 2026
Top 10 Holdings
XAD
GENERAL ELECTRIC
19.42%
RAYTHEON TECHNOLOGIES CORPORD
15.09%
BOEING U
10.24%
GENERAL DYNAMICS
4.78%
HOWMET AEROSPACE INC
4.74%
TRANSDIGM GROUP
4.53%
L3 HARRIS TECHNOLOGIES
4.32%
LOCKHEED MARTIN
3.92%
NORTHROP GRUMMAN
3.88%
US7731211089
3.27%
HIND
US36828A1016
5.20%
CATERPILLAR
5.20%
GENERAL ELECTRIC
5.10%
EATON CORP PLC
5.10%
DELTA AIR LINES
5.10%
FASTENAL
5.10%
UBER TECHNOLOGIES INC
5.10%
RAYTHEON TECHNOLOGIES CORPORD
5.10%
PARKER HANNIFIN
5.10%
AMETEK
5.10%
Diversification
XAD
Total weight of top 10 holdings out of 44 total
74.20%
HIND
Total weight of top 10 holdings out of 20 total
51.20%
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 | 0.31% | 6.86% |
| 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 June 11, 2026, XAD has returned 12.43% year to date, while HIND has returned 12.78%. HIND is ahead on YTD performance.
Which ETF is larger by assets under management: XAD or HIND?
As of June 11, 2026, XAD manages $180.95 M in assets, while HIND manages $102.00 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, Materials, and Consumer Discretionary. HIND is most exposed to Industrials.
Which ETF is attracting more investor flows: XAD or HIND?
Year to date, XAD has seen +$57.68 M in net flows, compared with +$25.20 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 GENERAL ELECTRIC, RAYTHEON TECHNOLOGIES CORPORD, and BOEING U. HIND's top holdings include CATERPILLAR and GENERAL ELECTRIC.
Which ETF is more diversified: XAD or HIND?
XAD holds 36 securities, while HIND holds 20. On holdings count, XAD is the more diversified portfolio.
Recent articles about XAD and HIND
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.