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 20, 2025
| Siemens AG (SIE) | 3.44% | $194.19B | -0.32% | 38.63% | N/A |
| Intel Corp. (INTC) | 3.19% | $105.05B | -2.08% | 33.96% | 2.24 |
| Hexagon AB (HEXA.B) | 3.10% | $30.12B | -1.07% | 66.83% | 5.22 |
| 3M Co. (MMM) | 3.06% | $81.63B | -24.80% | 41.02% | 3.15 |
| RTX Corp. (RTX) | 3.02% | $176.73B | 17.15% | 19.09% | 2.41 |
| Micron Technology, Inc. (MU) | 2.98% | $105.53B | 38.27% | 36.79% | N/A |
| Deere & Co. (DE) | 2.88% | $128.22B | -30.09% | 41.26% | N/A |
| Palantir Technologies, Inc. (PLTR) | 2.82% | $213.33B | 28.79% | 80.25% | 62.97 |
| ABB Ltd. (ABB) | 2.74% | $104.32B | 3.16% | 37.67% | 3.11 |
| QUALCOMM, Inc. (QCOM) | 2.69% | $173.44B | 17.45% | 55.77% | 4.34 |
| KEYENCE Corp. (KYCCF) | 2.61% | $99.51B | 7.69% | 83.72% | 13.90 |
| NextEra Energy, Inc. (NEE) | 2.60% | $145.80B | 6.95% | 37.11% | 9.82 |
| Thermo Fisher Scientific, Inc. (TMO) | 2.58% | $195.32B | 0.05% | 41.34% | 5.28 |
| Palo Alto Networks, Inc. (PANW) | 2.56% | $120.71B | 14.29% | 73.46% | N/A |
| The Boeing Co. (BA) | 2.54% | $134.01B | -14.49% | -2.94% | 2.17 |
| Texas Instruments Incorporated (TXN) | 2.54% | $162.88B | -10.72% | 58.14% | 11.45 |
| Lockheed Martin Corp. (LMT) | 2.50% | $103.50B | 5.14% | 11.89% | 1.90 |
| Applied Materials, Inc. (AMAT) | 2.46% | $123.59B | 6.92% | 48.79% | N/A |
| Intuitive Surgical, Inc. (ISRG) | 2.44% | $176.45B | 17.24% | 67.46% | 22.17 |
| Unity Software, Inc. (U) | 2.43% | $8.83B | -17.10% | 74.31% | 5.50 |
| Honeywell International, Inc. (HON) | 2.42% | $136.32B | 5.05% | 38.34% | 4.41 |
| Synopsys, Inc. (SNPS) | 2.38% | $69.36B | -11.87% | 78.76% | N/A |
| Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) | 2.35% | $763.83B | 29.94% | 54.74% | 10.91 |
| Advanced Micro Devices, Inc. (AMD) | 2.34% | $172.48B | 13.69% | 43.73% | 7.66 |
| Rockwell Automation, Inc. (ROK) | 2.33% | $29.26B | -8.23% | 38.31% | 4.47 |
| Proto Labs, Inc. (PRLB) | 2.33% | $879.18M | -0.59% | 44.56% | 1.77 |
| Samsara, Inc. (IOT) | 2.32% | $22.54B | 33.26% | 76.12% | 22.40 |
| NVIDIA Corp. (NVDA) | 2.29% | $2.87T | 114.20% | 74.99% | 24.27 |
| Cognex Corp. (CGNX) | 2.27% | $5.24B | 9.19% | 68.43% | 6.58 |
| Broadcom Inc. (AVGO) | 2.25% | $901.18B | 24.71% | 64.68% | N/A |
| Cadence Design Systems, Inc. (CDNS) | 2.23% | $71.93B | 13.48% | 85.39% | 17.69 |
| Apple, Inc. (AAPL) | 2.19% | $3.28T | 3.95% | 46.88% | 9.89 |
| Joby Aviation, Inc. (JOBY) | 2.14% | $5.23B | -86.82% | -26,105.15% | 35,203.60 |
| UiPath, Inc. (PATH) | 2.13% | $5.94B | 9.30% | 82.82% | 4.48 |
| Rivian Automotive, Inc. (RIVN) | 2.05% | $13.12B | 12.09% | -29.92% | 2.17 |
| AeroVironment, Inc. (AVAV) | 1.98% | $3.53B | -10.15% | 37.06% | N/A |
| Hewlett Packard Enterprise Co. (HPE) | 1.97% | $21.08B | 16.03% | 28.34% | N/A |
| Rocket Lab USA, Inc. (RKLB) | 1.94% | $8.59B | 78.34% | 23.50% | 29.08 |
| Virgin Galactic Holdings, Inc. (SPCE) | 1.82% | $145.67M | 3.47% | -1,399.30% | 6.30 |
| Marvell Technology, Inc. (MRVL) | 1.64% | $60.96B | 4.71% | 41.31% | 17.69 |
| Tesla, Inc. (TSLA) | 1.46% | $799.98B | 0.95% | 17.86% | 14.23 |