ETF Evaluator: Select STOXX Europe Aersspc & Defns ETF () Follow This ETF

Select STOXX Europe Aersspc & Defns ETF Overview

Select STOXX Europe Aersspc & Defns ETF (EUAD) is a passively managed Sector Equity Industrials exchange-traded fund (ETF). Select Funds launched the ETF in 2024.

The investment seeks to provide investment results that, before fees and expenses, track the total return performance of the STOXX Europe Total Market Aerospace & Defense Index. The fund invests at least 80% of its total assets in the component securities of the index. The index is designed to track the performance of a portfolio of the common stock of companies based in Europe whose primary business is the manufacture, service, supply and distribution of civil and military aerospace equipment, systems and technology, and civil and military defense and protective services equipment, technology, systems and services. It is non-diversified.

About Select STOXX Europe Aersspc & Defns ETF (EUAD)

There are 1 members of the management team with an average tenure of 1.78 years: Matthew Tuttle (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: STOXX Europe TMI Aero&Defense TR USD index with a weighting of 100%. Select STOXX Europe Aersspc & Defns ETF has 33 securities in its portfolio. The top 10 holdings constitute 94.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Select STOXX Europe Aersspc & Defns ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Select STOXX Europe Aersspc & Defns ETF has 30.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 30.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Select STOXX Europe Aersspc & Defns ETF has 65.9% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is below the $1 billion average for the Industrials category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

EUAD Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Select STOXX Europe Aersspc & Defns ETF expense ratio is average compared to funds in the Industrials category. Select STOXX Europe Aersspc & Defns ETF has an expense ratio of 0.50%, which is 2% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Select STOXX Europe Aersspc & Defns ETF has a portfolio turnover rate of 16%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 40% for the Industrials category.

Recently, in the month of July 2026, Select STOXX Europe Aersspc & Defns ETF returned 6.6%, which earned it a grade of A, as the Industrials category had an average return of -4.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Select STOXX Europe Aersspc & Defns ETF has a trailing yield of 0.38%, which is below the 1.11% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Select STOXX Europe Aersspc & Defns ETF Grades

Year to date, the ETF has returned 6.8%, 5.8 percentage points worse than the category, which translates into a grade of D. The fund has returned 8.6% over the past year (grade of F).

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