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What are the top 10 drone stocks in the ETF?

The ETF has 34 holdings, but there are several drone stocks among the top 10 largest positions, including RTX, Boeing, L3Harris ( LHX -0.22%) -- a designer of uncrewed vehicles for air and sea -- and Textron ( TXT 0.86% ), which produces drones for air- and sea-based operations.

How many companies are in a drone ETF?

In the case of UAV, the ETF currently consists of 37 companies that are involved in the drone economy. “The drone and eVTOL industries are in the early innings and there are a lot of companies jockeying for position,” said Luca Esposito, founder of the investment group sponsoring UAV. “It is a very competitive environment.

Should you buy a drone-focused ETF?

Drones have emerged as a vital strategic option for militaries. Individual defense stocks are a valid option for those interested in drones. A drone-focused ETF may appeal more to conservative investors looking to limit their risk exposure.

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