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 October 23, 2026
| Intuitive Surgical, Inc. (ISRG) | 2.88% | $156.78B | 21.70% | 68.35% | 12.01 |
| Lockheed Martin Corp. (LMT) | 2.86% | $139.57B | 11.30% | 11.76% | 1.70 |
| Samsara, Inc. (IOT) | 2.85% | $26.31B | 29.88% | 77.21% | 11.50 |
| Cadence Design Systems, Inc. (CDNS) | 2.80% | $87.16B | 24.23% | 82.73% | 17.92 |
| Synopsys, Inc. (SNPS) | 2.80% | $82.43B | 42.21% | 62.66% | 8.72 |
| Palantir Technologies, Inc. (PLTR) | 2.77% | $472.80B | 92.83% | 84.66% | 47.21 |
| Hexagon AB (HEXA.B) | 2.74% | $28.64B | -19.62% | 61.50% | 5.54 |
| Honeywell International, Inc. (HON) | 2.68% | $70.18B | -52.02% | 40.69% | 2.34 |
| Texas Instruments Incorporated (TXN) | 2.67% | $259.99B | 27.69% | 64.19% | 12.68 |
| UiPath, Inc. (PATH) | 2.64% | $7.36B | 13.42% | 79.65% | 3.18 |
| Palo Alto Networks, Inc. (PANW) | 2.62% | $311.29B | 24.49% | 65.24% | 22.04 |
| 3M Co. (MMM) | 2.62% | $89.63B | 1.03% | 42.28% | 3.85 |
| Thermo Fisher Scientific, Inc. (TMO) | 2.59% | $249.14B | 9.13% | 38.50% | 6.04 |
| Apple, Inc. (AAPL) | 2.59% | $5.07T | 16.36% | 50.06% | 8.99 |
| KEYENCE Corp. (KYCCF) | 2.58% | $121.21B | 32.77% | 85.04% | 13.88 |
| Rockwell Automation, Inc. (ROK) | 2.57% | $47.32B | 7.93% | 49.52% | 6.51 |
| Tesla, Inc. (TSLA) | 2.56% | $1.47T | -0.17% | 19.59% | 11.85 |
| NextEra Energy, Inc. (NEE) | 2.56% | $172.19B | 15.79% | 43.00% | 9.57 |
| QUALCOMM, Inc. (QCOM) | 2.49% | $187.84B | -4.03% | 53.05% | 4.75 |
| Unity Software, Inc. (U) | 2.47% | $17.95B | 23.93% | 80.27% | 6.29 |
| RTX Corp. (RTX) | 2.47% | $257.76B | 11.06% | 23.25% | 2.97 |
| Proto Labs, Inc. (PRLB) | 2.44% | $2.05B | 10.57% | 46.43% | 3.30 |
| Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) | 2.42% | $1.90T | 41.11% | 66.41% | 14.53 |
| The Boeing Co. (BA) | 2.38% | $148.87B | 7.96% | 9.86% | 2.10 |
| NVIDIA Corp. (NVDA) | 2.38% | $5.08T | 105.85% | 74.98% | 16.38 |
| Siemens AG (SIE) | 2.37% | $219.07B | 7.31% | 40.90% | 3.27 |
| Deere & Co. (DE) | 2.37% | $174.22B | 4.96% | 36.95% | 4.47 |
| Hewlett Packard Enterprise Co. (HPE) | 2.35% | $75.25B | 32.37% | 37.48% | 1.99 |
| Marvell Technology, Inc. (MRVL) | 2.34% | $200.38B | 36.55% | 53.14% | 18.45 |
| Advanced Micro Devices, Inc. (AMD) | 2.31% | $843.65B | 50.11% | 51.31% | 20.73 |
| Cognex Corp. (CGNX) | 2.26% | $9.34B | 16.93% | 70.65% | 10.28 |
| Broadcom Inc. (AVGO) | 2.26% | $1.54T | 85.50% | 67.46% | 21.75 |
| Micron Technology, Inc. (MU) | 2.16% | $992.88B | 256.33% | 80.72% | 7.94 |
| Applied Materials, Inc. (AMAT) | 2.13% | $299.38B | 24.83% | 50.31% | 13.85 |
| ABB Ltd. (ABB) | 2.11% | $147.96B | 7.16% | 40.32% | 4.74 |
| Rocket Lab USA, Inc. (RKLB) | 2.04% | $31.46B | 61.99% | 32.40% | 80.40 |
| Virgin Galactic Holdings, Inc. (SPCE) | 2.01% | $372.93M | -67.00% | -23,903.73% | 288.10 |
| Intel Corp. (INTC) | 2.01% | $459.68B | 25.42% | 40.36% | 12.12 |
| Rivian Automotive, Inc. (RIVN) | 1.98% | $17.13B | 27.24% | 5.43% | 3.92 |
| Joby Aviation, Inc. (JOBY) | 1.95% | $4.73B | 257,493.33% | -3.94% | 61.35 |
| AeroVironment, Inc. (AVAV) | 1.93% | $6.26B | 5.68% | 21.98% | 3.85 |