Index Performance
Overview
Description
The theme of next-gen hardware, industrials, and space tech with a market cap greater than $1 billion is driven by the increasing demand for advanced technologies in these industries. In the hardware sector, this includes companies that are developing and manufacturing next-gen products such as smartphones, wearables, and advanced computing devices. In the industrial sector, this includes companies that are developing and producing advanced machinery, materials, and components for various industries such as aerospace, automotive, and construction. In the space tech sector, this includes companies that are engaged in the development of innovative satellite technologies and space exploration technologies. Possible subcategories within the theme could include companies that are focused on electric vehicles, 3D printing, advanced robotics, nanotechnology, and other disruptive technologies that are driving innovation and growth in these industries.
- TickerBAAD
- Inception Date06/19/2023
- WeightingEqual
- # of holdings41
What's inside?
Holdings
All holdings as of December 12, 2025
| Micron Technology, Inc. (MU) | 3.35% | $271.37B | 48.85% | 40.17% | 3.81 |
| UiPath, Inc. (PATH) | 3.32% | $9.32B | 15.92% | 83.00% | 4.66 |
| Applied Materials, Inc. (AMAT) | 3.09% | $206.50B | 4.39% | 48.67% | 6.44 |
| Advanced Micro Devices, Inc. (AMD) | 3.03% | $343.16B | 35.59% | 48.43% | 8.07 |
| Rocket Lab USA, Inc. (RKLB) | 2.91% | $30.51B | 47.97% | 34.03% | 44.85 |
| Rivian Automotive, Inc. (RIVN) | 2.90% | $22.58B | 78.26% | -3.15% | 2.71 |
| Intel Corp. (INTC) | 2.89% | $180.35B | 2.78% | 38.22% | 3.50 |
| Intuitive Surgical, Inc. (ISRG) | 2.80% | $192.25B | 22.91% | 66.36% | 16.33 |
| Thermo Fisher Scientific, Inc. (TMO) | 2.70% | $215.01B | 4.94% | 41.29% | 4.75 |
| Rockwell Automation, Inc. (ROK) | 2.64% | $45.49B | 0.98% | 48.18% | 5.13 |
| NextEra Energy, Inc. (NEE) | 2.60% | $170.05B | 9.76% | 31.92% | 9.99 |
| Marvell Technology, Inc. (MRVL) | 2.57% | $71.60B | 36.83% | 51.57% | 10.69 |
| Apple, Inc. (AAPL) | 2.57% | $4.11T | 6.43% | 46.91% | 9.35 |
| RTX Corp. (RTX) | 2.56% | $239.54B | 11.89% | 20.38% | 3.07 |
| Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) | 2.50% | $1.23T | 40.71% | 58.38% | 12.04 |
| 3M Co. (MMM) | 2.45% | $89.72B | 3.54% | 41.88% | 3.69 |
| Tesla, Inc. (TSLA) | 2.44% | $1.53T | 11.57% | 17.99% | 16.11 |
| QUALCOMM, Inc. (QCOM) | 2.43% | $190.95B | 13.66% | 55.43% | 4.29 |
| Broadcom Inc. (AVGO) | 2.36% | $1.70T | 23.87% | 64.71% | 28.31 |
| Proto Labs, Inc. (PRLB) | 2.35% | $1.24B | 7.76% | 45.28% | 2.11 |
| Siemens AG (SIE) | 2.35% | $217.73B | 3.93% | 38.52% | 2.90 |
| Deere & Co. (DE) | 2.34% | $131.06B | -11.45% | 38.36% | 3.93 |
| ABB Ltd. (ABB) | 2.34% | $133.40B | 11.63% | 40.38% | 3.93 |
| Samsara, Inc. (IOT) | 2.34% | $23.88B | 29.19% | 76.69% | 15.02 |
| Lockheed Martin Corp. (LMT) | 2.31% | $111.13B | 8.80% | 12.04% | 1.80 |
| Texas Instruments Incorporated (TXN) | 2.28% | $163.03B | 14.24% | 57.42% | 10.24 |
| Palantir Technologies, Inc. (PLTR) | 2.28% | $437.53B | 62.79% | 82.45% | 118.81 |
| Unity Software, Inc. (U) | 2.27% | $19.75B | 5.40% | 59.99% | 9.80 |
| NVIDIA Corp. (NVDA) | 2.24% | $4.25T | 62.49% | 73.41% | 24.10 |
| Virgin Galactic Holdings, Inc. (SPCE) | 2.23% | $204.77M | -9.20% | -6,369.59% | 168.38 |
| KEYENCE Corp. (KYCCF) | 2.18% | $87.69B | 5.92% | 82.76% | 11.20 |
| Hewlett Packard Enterprise Co. (HPE) | 2.17% | $31.50B | 14.06% | 28.77% | 1.43 |
| Hexagon AB (HEXA.B) | 2.15% | $31.42B | -2.62% | 64.54% | 5.60 |
| The Boeing Co. (BA) | 2.14% | $160.04B | 30.44% | -10.15% | 2.41 |
| Honeywell International, Inc. (HON) | 2.11% | $122.95B | 6.99% | 37.79% | 3.94 |
| Palo Alto Networks, Inc. (PANW) | 2.08% | $133.61B | 15.67% | 74.21% | 15.93 |
| Synopsys, Inc. (SNPS) | 2.07% | $84.13B | 15.18% | 74.26% | 12.26 |
| Joby Aviation, Inc. (JOBY) | 2.03% | $13.54B | 80,521.43% | 10.21% | 560.78 |
| Cadence Design Systems, Inc. (CDNS) | 1.96% | $87.98B | 10.15% | 85.63% | 18.40 |
| AeroVironment, Inc. (AVAV) | 1.94% | $11.93B | 150.72% | 17.36% | 13.60 |
| Cognex Corp. (CGNX) | 1.74% | $5.97B | 17.96% | 67.64% | 7.75 |