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 May 3, 2024
| Micron Technology, Inc. (MU) | 3.01% | $127.02B | 57.70% | 18.53% | 5.81 |
| NextEra Energy, Inc. (NEE) | 2.86% | $144.10B | 26.35% | 43.11% | 9.16 |
| AeroVironment, Inc. (AVAV) | 2.78% | $4.75B | 38.83% | 35.50% | 4.80 |
| Tesla, Inc. (TSLA) | 2.71% | $577.85B | -8.69% | 17.35% | 6.29 |
| RTX Corp. (RTX) | 2.69% | $134.81B | 12.15% | 18.45% | 2.40 |
| QUALCOMM, Inc. (QCOM) | 2.64% | $200.48B | 1.23% | 56.27% | 5.32 |
| Cognex Corp. (CGNX) | 2.63% | $7.52B | 4.81% | 67.33% | 8.40 |
| Lockheed Martin Corp. (LMT) | 2.61% | $110.83B | 13.68% | 11.59% | 1.82 |
| Samsara, Inc. (IOT) | 2.60% | $7.99B | 43.65% | 73.65% | 18.07 |
| Apple, Inc. (AAPL) | 2.60% | $2.83T | -4.31% | 46.58% | 7.05 |
| Joby Aviation, Inc. (JOBY) | 2.59% | $3.78B | N/A | -2,874.13% | 3,204.45 |
| Palo Alto Networks, Inc. (PANW) | 2.57% | $95.71B | 19.33% | 74.73% | 15.92 |
| Deere & Co. (DE) | 2.56% | $111.61B | -3.78% | 41.13% | 2.76 |
| ABB Ltd. (ABB) | 2.55% | $92.22B | 2.28% | 37.82% | 2.79 |
| Broadcom Inc. (AVGO) | 2.54% | $592.30B | 34.17% | 55.81% | 16.36 |
| Texas Instruments Incorporated (TXN) | 2.54% | $162.89B | -16.40% | 57.22% | 9.73 |
| Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) | 2.54% | $625.68B | 12.69% | 53.07% | 9.48 |
| Applied Materials, Inc. (AMAT) | 2.51% | $169.58B | -0.18% | 47.76% | 5.23 |
| Marvell Technology, Inc. (MRVL) | 2.51% | $59.33B | -6.96% | 41.64% | 11.24 |
| Hewlett Packard Enterprise Co. (HPE) | 2.48% | $21.92B | -13.25% | 35.09% | 1.03 |
| NVIDIA Corp. (NVDA) | 2.47% | $2.22T | 125.85% | 72.72% | 24.74 |
| Palantir Technologies, Inc. (PLTR) | 2.43% | $49.70B | 16.75% | 80.62% | 16.22 |
| Honeywell International, Inc. (HON) | 2.42% | $127.51B | 2.72% | 39.28% | 4.06 |
| The Boeing Co. (BA) | 2.41% | $110.37B | -7.54% | 11.36% | 2.08 |
| Thermo Fisher Scientific, Inc. (TMO) | 2.40% | $218.49B | -3.41% | 40.76% | 5.92 |
| KEYENCE Corp. (KYCCF) | 2.40% | $109.82B | 4.86% | 82.96% | N/A |
| Synopsys, Inc. (SNPS) | 2.39% | $81.91B | 21.03% | 77.51% | 13.40 |
| Rockwell Automation, Inc. (ROK) | 2.39% | $31.40B | 3.58% | 38.29% | 4.30 |
| Rocket Lab USA, Inc. (RKLB) | 2.38% | $1.97B | 15.92% | 15.74% | 10.64 |
| Intuitive Surgical, Inc. (ISRG) | 2.36% | $135.27B | 11.46% | 65.87% | 19.01 |
| Siemens AG (SIE) | 2.34% | $150.54B | 1.89% | 39.01% | 2.29 |
| Unity Software, Inc. (U) | 2.32% | $9.67B | 57.25% | 66.46% | 7.77 |
| Cadence Design Systems, Inc. (CDNS) | 2.31% | $76.64B | -1.23% | 87.06% | 20.79 |
| 3M Co. (MMM) | 2.26% | $53.76B | -0.35% | 45.53% | 2.15 |
| Rivian Automotive, Inc. (RIVN) | 2.23% | $9.94B | 167.43% | -52.01% | 4.01 |
| Proto Labs, Inc. (PRLB) | 2.23% | $799.70M | 1.61% | 44.93% | 1.62 |
| Hexagon AB (HEXA.B) | 2.16% | $27.50B | 1.89% | 66.43% | 6.09 |
| UiPath, Inc. (PATH) | 2.10% | $9.48B | 23.57% | 84.81% | 8.52 |
| Advanced Micro Devices, Inc. (AMD) | 1.93% | $243.42B | 2.24% | 39.61% | 12.84 |
| Intel Corp. (INTC) | 1.77% | $131.54B | 8.61% | 41.00% | 4.04 |
| Virgin Galactic Holdings, Inc. (SPCE) | 1.40% | $389.91M | 194.12% | -839.81% | 59.79 |
| Solventum Corp. (SOLV) | 0.38% | N/A | 0.82% | 57.25% | N/A |