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 January 27, 2026
| Micron Technology, Inc. (MU) | 3.60% | $461.73B | 56.65% | 56.00% | 6.24 |
| Applied Materials, Inc. (AMAT) | 3.03% | $263.82B | 4.39% | 48.67% | 6.46 |
| AeroVironment, Inc. (AVAV) | 2.97% | $15.46B | 150.72% | 17.36% | 13.60 |
| Lockheed Martin Corp. (LMT) | 2.95% | $137.67B | 8.80% | 12.04% | 1.80 |
| Rocket Lab USA, Inc. (RKLB) | 2.88% | $43.95B | 47.97% | 34.03% | 44.85 |
| Intel Corp. (INTC) | 2.78% | $219.43B | -0.47% | 34.77% | 3.51 |
| Advanced Micro Devices, Inc. (AMD) | 2.75% | $410.32B | 35.59% | 48.43% | 8.07 |
| Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) | 2.74% | $1.47T | 35.64% | 59.89% | 12.36 |
| The Boeing Co. (BA) | 2.67% | $191.51B | 34.49% | 4.79% | 2.13 |
| Texas Instruments Incorporated (TXN) | 2.60% | $178.66B | 13.05% | 57.02% | 9.48 |
| Honeywell International, Inc. (HON) | 2.59% | $140.25B | 6.99% | 37.79% | 3.94 |
| RTX Corp. (RTX) | 2.58% | $269.87B | 9.74% | 20.08% | 3.19 |
| Deere & Co. (DE) | 2.57% | $140.74B | -11.55% | 38.30% | 3.95 |
| Thermo Fisher Scientific, Inc. (TMO) | 2.57% | $234.41B | 4.94% | 41.29% | 4.75 |
| ABB Ltd. (ABB) | 2.56% | $145.77B | 11.63% | 40.38% | 3.93 |
| NextEra Energy, Inc. (NEE) | 2.56% | $181.50B | 12.32% | 38.26% | 9.88 |
| Siemens AG (SIE) | 2.54% | $236.95B | 3.93% | 38.52% | 2.90 |
| Synopsys, Inc. (SNPS) | 2.53% | $96.18B | 15.13% | 72.03% | 12.27 |
| KEYENCE Corp. (KYCCF) | 2.51% | $93.58B | 5.92% | 82.76% | 11.20 |
| Cognex Corp. (CGNX) | 2.50% | $6.61B | 17.96% | 67.64% | 7.75 |
| Rockwell Automation, Inc. (ROK) | 2.47% | $47.19B | 0.98% | 48.18% | 5.13 |
| NVIDIA Corp. (NVDA) | 2.43% | $4.58T | 62.49% | 73.41% | 24.10 |
| Cadence Design Systems, Inc. (CDNS) | 2.36% | $86.66B | 10.15% | 85.63% | 18.40 |
| Proto Labs, Inc. (PRLB) | 2.35% | $1.24B | 7.76% | 45.28% | 2.11 |
| Hexagon AB (HEXA.B) | 2.31% | $30.97B | -2.62% | 64.54% | 5.60 |
| Marvell Technology, Inc. (MRVL) | 2.30% | $70.33B | 36.83% | 51.57% | 10.69 |
| Palo Alto Networks, Inc. (PANW) | 2.29% | $127.90B | 15.67% | 74.21% | 15.93 |
| Broadcom Inc. (AVGO) | 2.29% | $1.58T | 23.87% | 64.71% | 28.86 |
| 3M Co. (MMM) | 2.28% | $83.96B | 1.52% | 39.91% | 3.75 |
| Joby Aviation, Inc. (JOBY) | 2.21% | $12.28B | 80,521.43% | 10.21% | 560.78 |
| Apple, Inc. (AAPL) | 2.20% | $3.80T | 6.43% | 46.91% | 9.35 |
| Intuitive Surgical, Inc. (ISRG) | 2.14% | $186.12B | 20.51% | 66.13% | N/A |
| Virgin Galactic Holdings, Inc. (SPCE) | 2.10% | $230.36M | -9.20% | -6,369.59% | 168.38 |
| Tesla, Inc. (TSLA) | 2.09% | $1.43T | 11.57% | 17.99% | 16.11 |
| UiPath, Inc. (PATH) | 2.08% | $7.68B | 15.92% | 83.00% | 4.66 |
| Hewlett Packard Enterprise Co. (HPE) | 2.08% | $28.83B | 14.17% | 28.84% | 1.47 |
| Unity Software, Inc. (U) | 2.07% | $17.65B | 5.40% | 59.99% | 9.80 |
| QUALCOMM, Inc. (QCOM) | 2.04% | $163.91B | 13.66% | 55.43% | 4.29 |
| Palantir Technologies, Inc. (PLTR) | 2.00% | $394.94B | 62.79% | 82.45% | 118.81 |
| Samsara, Inc. (IOT) | 1.87% | $17.64B | 29.19% | 76.69% | 15.02 |
| Rivian Automotive, Inc. (RIVN) | 1.59% | $18.72B | 78.26% | -3.15% | 2.71 |