SPADE Defense Index
Keep an eye on this excellent measure of the military-industrial complex.
This index (itself traded on AMEX -- "DXS") covers 57 companies in defense (sic), homeland security (sic), and space (sic). Here they are. Some surprises, no?
In 2006, it outperformed the S&P500 for the seventh consecutive year, up 19.33%. An interactive line graph on its performance here, compared to other indexes. Or, to quote them:
Dig their glowing February, 2007, newsletter. (PDF)
Onto Iran! Syria! China! Russia! It's all good for business.
This index (itself traded on AMEX -- "DXS") covers 57 companies in defense (sic), homeland security (sic), and space (sic). Here they are. Some surprises, no?
In 2006, it outperformed the S&P500 for the seventh consecutive year, up 19.33%. An interactive line graph on its performance here, compared to other indexes. Or, to quote them:
From 2000-2006, the SPADE Defense Index GAINED 113.86% vs. a LOSS by the S&P500 of 3.47%Death, as always, is big business.
Dig their glowing February, 2007, newsletter. (PDF)
Onto Iran! Syria! China! Russia! It's all good for business.