Defense ETFs Climb Following Russia’s Advance Into Ukraine

by Trading & Investing |

Defense sector-related exchange traded funds are shooting up as Russia’s invasion into Ukraine is triggering increased military spending. Over the past week, the SPDR S&P Aerospace & Defense ETF (NYSEArca: XAR) increased 13.9% and the iShares U.S. Aerospace & Defense ETF (BATS: ITA) advanced 10.0%. Russia’s aggression has fueled an arms race as European countries […] Read more at ETFtrends.com.