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 holdings42
What's inside?
Holdings
All holdings as of June 12, 2026
| Marvell Technology, Inc. (MRVL) | 5.67% | $244.68B | 27.57% | 52.15% | 17.10 |
| Intel Corp. (INTC) | 5.06% | $626.09B | 7.18% | 39.38% | 4.56 |
| Advanced Micro Devices, Inc. (AMD) | 4.53% | $834.17B | 37.85% | 50.00% | 8.67 |
| Micron Technology, Inc. (MU) | 4.14% | $1.11T | 196.29% | 74.41% | 8.10 |
| Hewlett Packard Enterprise Co. (HPE) | 3.98% | $63.79B | 40.64% | 33.46% | 1.47 |
| Palo Alto Networks, Inc. (PANW) | 3.06% | $227.89B | 31.15% | 67.55% | 13.44 |
| QUALCOMM, Inc. (QCOM) | 2.92% | $223.15B | -3.46% | 53.77% | 3.19 |
| Texas Instruments Incorporated (TXN) | 2.88% | $274.05B | 18.58% | 58.01% | 10.11 |
| Virgin Galactic Holdings, Inc. (SPCE) | 2.87% | $393.67M | -50.76% | -14,682.38% | 237.44 |
| Applied Materials, Inc. (AMAT) | 2.83% | $450.37B | 11.41% | 49.90% | 11.45 |
| Rocket Lab USA, Inc. (RKLB) | 2.71% | $58.95B | 63.46% | 35.35% | 55.38 |
| Unity Software, Inc. (U) | 2.64% | $11.89B | 16.84% | 30.81% | 5.19 |
| Proto Labs, Inc. (PRLB) | 2.52% | $1.88B | 10.40% | 45.64% | 2.29 |
| Cadence Design Systems, Inc. (CDNS) | 2.42% | $106.18B | 18.66% | 84.08% | 14.04 |
| Siemens AG (SIE) | 2.32% | $233.38B | -0.01% | 38.90% | 2.68 |
| Rockwell Automation, Inc. (ROK) | 2.31% | $51.11B | 11.84% | 50.33% | 5.01 |
| Cognex Corp. (CGNX) | 2.30% | $10.59B | 24.26% | 71.13% | 7.70 |
| Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) | 2.30% | $1.89T | 40.49% | 65.12% | 12.66 |
| ABB Ltd. (ABB) | 2.25% | $184.37B | 11.58% | 39.64% | 4.10 |
| Broadcom Inc. (AVGO) | 2.20% | $1.82T | 47.87% | 67.24% | 27.82 |
| KEYENCE Corp. (KYCCF) | 2.17% | $110.03B | 10.40% | 83.02% | N/A |
| NVIDIA Corp. (NVDA) | 2.12% | $4.97T | 85.23% | 74.93% | 19.77 |
| Apple, Inc. (AAPL) | 2.09% | $4.28T | 16.60% | 49.27% | 8.15 |
| 3M Co. (MMM) | 2.01% | $82.57B | 1.28% | 40.73% | 3.45 |
| Rivian Automotive, Inc. (RIVN) | 2.00% | $21.12B | 11.37% | 2.82% | 3.48 |
| The Boeing Co. (BA) | 2.00% | $172.68B | 13.95% | 11.47% | 1.99 |
| Tesla, Inc. (TSLA) | 1.97% | $1.53T | 15.78% | 21.08% | 13.15 |
| Synopsys, Inc. (SNPS) | 1.92% | $86.91B | 41.92% | 61.56% | 11.65 |
| Deere & Co. (DE) | 1.84% | $155.88B | 4.79% | 38.38% | 4.46 |
| Samsara, Inc. (IOT) | 1.81% | $19.67B | 30.52% | 75.42% | 9.93 |
| Honeywell International, Inc. (HON) | 1.78% | $139.60B | -6.90% | 39.23% | 4.30 |
| Joby Aviation, Inc. (JOBY) | 1.77% | $9.00B | N/A | -22.87% | 78.21 |
| Thermo Fisher Scientific, Inc. (TMO) | 1.76% | $174.42B | 6.18% | 40.39% | 4.79 |
| NextEra Energy, Inc. (NEE) | 1.71% | $179.32B | 17.32% | 41.27% | 11.16 |
| RTX Corp. (RTX) | 1.66% | $247.16B | 8.72% | 20.81% | 3.29 |
| UiPath, Inc. (PATH) | 1.56% | $5.47B | 17.32% | 81.13% | 2.52 |
| Lockheed Martin Corp. (LMT) | 1.55% | $124.58B | 0.32% | 11.53% | 2.15 |
| AeroVironment, Inc. (AVAV) | 1.54% | $8.52B | 143.41% | 17.05% | 8.75 |
| Intuitive Surgical, Inc. (ISRG) | 1.53% | $145.58B | 22.96% | 66.05% | 15.26 |
| Palantir Technologies, Inc. (PLTR) | 1.51% | $306.83B | 84.71% | 86.78% | 70.51 |
| Hexagon AB (HEXA.B) | 1.49% | $22.46B | -30.66% | 62.85% | 4.65 |
| Octave Intelligence Plc (OCTV) | 0.31% | $4.72B | 0.97% | 65.90% | N/A |