President Donald Trump’s moves to rip up the world’s military alliances are creating ways for investors to profit in S&P 500 stocks using ETFs.
Six of the eight largest defense and aerospace ETFs, including iShares U.S. Aerospace & Defense (ITA), Invesco Aerospace & Defense (PPA) and SPDR S&P Aerospace & Defense (XAR), are outperforming the S&P 500 this year, says an Investor’s Business Daily analysis of data from ETFdb and MarketSurge. And the entire group of eight ETFs is up an average of nearly 7%, while the S&P 500 is down 3% this year so far, says S&P Global Market Intelligence.
Read the entire article: S&P 500: Investors Find Ways To Profit From Trump’s Global Arms Race | Investor’s Business Daily