ITA
iShares U.S. Aerospace & Defense ETF
The iShares U.S. Aerospace & Defense Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Aerospace & Defense Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
11.6 B
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Fund sponsor | Barclays Global Investors |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | May 01, 2006 |
| Assets (mns) | $11,628 |
| Expense ratio | 40 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| GE AEROSPACE | 22.1 % |
| RTX CORP | 16.1 % |
| BOEING CO | 7.3 % |
| HOWMET AEROSPACE INC. | 4.8 % |
| GENERAL DYNAMICS CORP | 4.6 % |
| L3HARRIS TECHNOLOGIES INC | 4.6 % |
| TRANSDIGM GROUP INC | 4.5 % |
| LOCKHEED MARTIN CORP | 4.4 % |
| NORTHROP GRUMMAN CORP | 4.2 % |
| AXON ENTERPRISE INC | 3.2 % |
Constituent Breakdown
| Number of holdings | 39 |
| Herfindahl-Hirschman Index | 967 |
| Wgt avg mkt cap (mns) | $145,634 |
| Large cap (>$10bn) | 91.8% |
| Mid cap ($2-10bn) | 3.1% |
| Small cap (<$2bn) | 0.6% |
| Developed mkts. | 95.4% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 96.4 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 48.5% | 49.4% | 40.2% | 26.3% | 23.4% | 13.8% | -- | 11.5% |
| Dividend Yield | 0.9% | 1.4% | 1.3% | 1.2% | 1.1% | 1.2% | -- | 1.2% |
| Total Returns | 49.4% | 50.8% | 41.5% | 27.4% | 24.5% | 15.0% | -- | 12.7% | Ann. Volatility | 22.1% | 22.0% | 18.4% | 17.8% | 20.1% | 22.7% | -- | 22.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.85 | 45% |
| MSCI EAFE | 0.50 | 21% |
| MSCI Emg Mkts | 0.24 | 6% |
Liquidity Measures
| Avg. volume (000) | 539 |
| ADV traded (mns) | $107 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.04% |
Technical Indicators
| Recent close | $198.77 |
| 30d moving avg. | $211.46 |
| Annualized volatility | 16.2% |
| Relative strength (RSI) | 49 |
| Short interest | 2.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| MISL | First Trust Indxx Aerospace & Defense ETF | 63.9% | +20 bp | +2.1% |
| PPA | Invesco Aerospace & Defense ETF | 62.9% | +18 bp | +2.5% |
| NATO | Themes Transatlantic Defense ETF | 55.2% | -5 bp | +2.4% |
| XAR | State Street SPDR S&P Aerospace & Defense ETF | 51.9% | -5 bp | +2.2% |
| FOWF | Pacer Solactive Whitney Fututre of Warfare ETF | 33.0% | +20 bp | +4.0% |
| SHLD | Global X Defense Tech ETF | 32.6% | +10 bp | +3.3% |
| ROKT | State Street SPDR S&P Kensho Final Frontiers ETF | 27.1% | +5 bp | +2.0% |
| XLI | The Industrial Select Sector SPDR Fund | 26.8% | -32 bp | +4.6% |
| FIDU | Fidelity MSCI Industrial Index ETF | 25.7% | -32 bp | +4.7% |
| VIS | Vanguard Industrials ETF | 22.0% | -31 bp | +4.8% |
Risk and Returns: ITA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
ITA
1.9%
Cat. Avg
5.8%
ALTAR Score™ Calculation
Category Overview
There are 1001 funds in the US Equity category, with an average ALTAR Score™
of 5.8% and a standard deviation of
2.4%. ITA's ALTAR Score™ is approximately
1.7 standard deviations
below
the category average. This places ITA in the 5th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ITASELL
U/W
HOLD
O/W
BUY