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 July 24, 2026
| Thermo Fisher Scientific, Inc. (TMO) | 3.21% | $197.88B | 6.18% | 40.39% | 4.79 |
| Lockheed Martin Corp. (LMT) | 3.10% | $117.30B | 0.32% | 11.53% | 2.15 |
| RTX Corp. (RTX) | 3.07% | $260.60B | 8.72% | 20.81% | 3.29 |
| Palo Alto Networks, Inc. (PANW) | 2.96% | $292.32B | 31.15% | 64.39% | 13.44 |
| Apple, Inc. (AAPL) | 2.94% | $4.90T | 16.60% | 49.27% | 8.15 |
| UiPath, Inc. (PATH) | 2.80% | $6.30B | 17.32% | 81.13% | 2.52 |
| Samsara, Inc. (IOT) | 2.79% | $22.40B | 30.52% | 75.42% | 9.93 |
| 3M Co. (MMM) | 2.77% | $83.37B | 1.28% | 40.73% | 3.45 |
| Unity Software, Inc. (U) | 2.76% | $12.66B | 16.84% | 30.81% | 5.19 |
| Deere & Co. (DE) | 2.75% | $161.22B | 4.79% | 38.38% | 4.46 |
| Rivian Automotive, Inc. (RIVN) | 2.75% | $25.26B | 11.37% | 2.82% | 3.48 |
| NextEra Energy, Inc. (NEE) | 2.73% | $185.20B | 17.32% | 41.27% | 11.16 |
| Palantir Technologies, Inc. (PLTR) | 2.70% | $317.36B | 84.71% | 86.78% | 70.51 |
| Hexagon AB (HEXA.B) | 2.62% | $21.89B | -30.66% | 62.85% | 4.65 |
| NVIDIA Corp. (NVDA) | 2.60% | $4.91T | 85.23% | 74.93% | 19.77 |
| Hewlett Packard Enterprise Co. (HPE) | 2.59% | $60.68B | 40.64% | 33.53% | 1.47 |
| AeroVironment, Inc. (AVAV) | 2.59% | $7.20B | 140.89% | 18.73% | 4.95 |
| Broadcom Inc. (AVGO) | 2.56% | $1.76T | 47.87% | 67.24% | 27.82 |
| Siemens AG (SIE) | 2.55% | $230.72B | -0.01% | 38.90% | 2.68 |
| Rockwell Automation, Inc. (ROK) | 2.53% | $51.39B | 11.84% | 50.33% | 5.01 |
| Proto Labs, Inc. (PRLB) | 2.51% | $1.85B | 10.40% | 45.64% | 2.29 |
| The Boeing Co. (BA) | 2.49% | $168.72B | 13.95% | 11.47% | 1.99 |
| Advanced Micro Devices, Inc. (AMD) | 2.48% | $808.39B | 37.85% | 50.00% | 8.67 |
| Cognex Corp. (CGNX) | 2.41% | $10.66B | 24.26% | 71.13% | 7.70 |
| KEYENCE Corp. (KYCCF) | 2.38% | $105.84B | 10.40% | 83.02% | 10.98 |
| ABB Ltd. (ABB) | 2.30% | $176.45B | 5.75% | 40.38% | 5.53 |
| Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) | 2.26% | $1.83T | 32.92% | 67.72% | 16.79 |
| Texas Instruments Incorporated (TXN) | 2.20% | $258.48B | 18.58% | 58.01% | 10.11 |
| Cadence Design Systems, Inc. (CDNS) | 2.20% | $91.05B | 18.66% | 84.08% | 14.04 |
| Applied Materials, Inc. (AMAT) | 2.19% | $420.53B | 11.41% | 49.90% | 11.45 |
| Intuitive Surgical, Inc. (ISRG) | 2.19% | $122.33B | 18.54% | 68.61% | N/A |
| Synopsys, Inc. (SNPS) | 2.11% | $73.58B | 41.92% | 61.56% | 11.65 |
| Virgin Galactic Holdings, Inc. (SPCE) | 2.05% | $267.40M | -50.76% | -14,682.38% | 237.44 |
| Tesla, Inc. (TSLA) | 2.02% | $1.43T | 15.78% | 21.08% | 13.15 |
| Micron Technology, Inc. (MU) | 1.99% | $958.80B | 345.72% | 84.56% | 11.50 |
| QUALCOMM, Inc. (QCOM) | 1.98% | $181.06B | -3.46% | 53.77% | 3.19 |
| Joby Aviation, Inc. (JOBY) | 1.84% | $7.11B | N/A | -22.87% | 78.21 |
| Intel Corp. (INTC) | 1.72% | $477.67B | 7.18% | 39.38% | 4.56 |
| Rocket Lab USA, Inc. (RKLB) | 1.67% | $38.93B | 63.46% | 35.35% | 55.38 |
| Marvell Technology, Inc. (MRVL) | 1.65% | $165.24B | 27.57% | 52.15% | 17.10 |
| Honeywell International, Inc. (HON) | 1.40% | $71.29B | -6.90% | 39.23% | 4.30 |
| Honeywell Aerospace, Inc. (HONA) | 0.59% | $67.06B | N/A | 37.45% | N/A |