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 March 2, 2026
| Micron Technology, Inc. (MU) | 3.73% | $464.46B | 56.65% | 56.00% | 6.24 |
| Cognex Corp. (CGNX) | 3.52% | $8.92B | 8.73% | 66.92% | 5.87 |
| Applied Materials, Inc. (AMAT) | 3.49% | $295.37B | -2.15% | 48.99% | 9.08 |
| Lockheed Martin Corp. (LMT) | 3.45% | $155.70B | 5.64% | 12.57% | 1.75 |
| Deere & Co. (DE) | 3.23% | $170.41B | 12.81% | 35.32% | 4.23 |
| Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) | 3.08% | $1.62T | 35.64% | 58.72% | 12.38 |
| Honeywell International, Inc. (HON) | 2.99% | $157.67B | -2.74% | 38.32% | 3.98 |
| Intel Corp. (INTC) | 2.97% | $227.27B | -0.47% | 37.35% | 3.51 |
| ABB Ltd. (ABB) | 2.94% | $164.06B | 0.48% | 40.31% | 4.21 |
| Proto Labs, Inc. (PRLB) | 2.89% | $1.49B | 6.44% | 44.48% | 2.07 |
| Texas Instruments Incorporated (TXN) | 2.88% | $190.42B | 13.05% | 57.02% | 9.52 |
| RTX Corp. (RTX) | 2.80% | $284.78B | 9.74% | 20.08% | 3.20 |
| NextEra Energy, Inc. (NEE) | 2.80% | $193.16B | 8.69% | 36.20% | 10.22 |
| KEYENCE Corp. (KYCCF) | 2.78% | $98.67B | 11.43% | 83.14% | 10.83 |
| The Boeing Co. (BA) | 2.58% | $180.43B | 34.49% | 4.85% | 2.15 |
| Rockwell Automation, Inc. (ROK) | 2.50% | $46.31B | 11.85% | 48.31% | 5.52 |
| Siemens AG (SIE) | 2.48% | $216.08B | 4.28% | 39.88% | 2.96 |
| NVIDIA Corp. (NVDA) | 2.42% | $4.43T | 65.47% | 71.07% | 21.07 |
| Rocket Lab USA, Inc. (RKLB) | 2.42% | $38.12B | 37.96% | 31.66% | 60.27 |
| 3M Co. (MMM) | 2.40% | $85.04B | 1.52% | 39.59% | 3.76 |
| Apple, Inc. (AAPL) | 2.33% | $3.89T | 15.65% | 48.16% | 9.35 |
| Cadence Design Systems, Inc. (CDNS) | 2.32% | $82.71B | 14.12% | 85.61% | 16.04 |
| Marvell Technology, Inc. (MRVL) | 2.31% | $70.63B | 36.83% | 51.57% | 10.69 |
| Hexagon AB (HEXA.B) | 2.30% | $29.30B | -2.80% | 66.30% | 5.55 |
| Broadcom Inc. (AVGO) | 2.26% | $1.51T | 23.87% | 64.71% | 28.86 |
| Advanced Micro Devices, Inc. (AMD) | 2.24% | $323.83B | 34.34% | 45.99% | 9.96 |
| Synopsys, Inc. (SNPS) | 2.20% | $81.35B | 65.32% | 65.12% | 12.17 |
| Hewlett Packard Enterprise Co. (HPE) | 2.19% | $29.41B | 14.17% | 28.84% | 1.47 |
| Thermo Fisher Scientific, Inc. (TMO) | 2.15% | $188.93B | 3.91% | 41.10% | 5.61 |
| Intuitive Surgical, Inc. (ISRG) | 2.08% | $176.23B | 20.51% | 65.96% | 19.85 |
| AeroVironment, Inc. (AVAV) | 2.06% | $10.40B | 150.72% | 17.36% | 13.60 |
| Tesla, Inc. (TSLA) | 2.01% | $1.51T | -2.93% | 18.03% | 16.43 |
| QUALCOMM, Inc. (QCOM) | 1.93% | $150.48B | 5.00% | 54.55% | 4.27 |
| Palo Alto Networks, Inc. (PANW) | 1.93% | $122.52B | 14.91% | 73.59% | 12.30 |
| Samsara, Inc. (IOT) | 1.83% | $16.80B | 29.19% | 76.69% | 15.02 |
| Palantir Technologies, Inc. (PLTR) | 1.80% | $347.20B | 56.18% | 82.37% | 100.35 |
| Virgin Galactic Holdings, Inc. (SPCE) | 1.79% | $190.14M | -9.20% | -6,369.59% | 168.38 |
| Joby Aviation, Inc. (JOBY) | 1.74% | $10.06B | 39,183.09% | -30.06% | 178.62 |
| Rivian Automotive, Inc. (RIVN) | 1.61% | $18.63B | 8.39% | -2.77% | 4.18 |
| UiPath, Inc. (PATH) | 1.60% | $5.72B | 15.92% | 83.00% | 4.66 |
| Unity Software, Inc. (U) | 0.98% | $8.17B | 2.01% | 74.17% | 10.34 |