ITA vs. SHLD ETF Comparison

Comparison of iShares U.S. Aerospace & Defense ETF (ITA) to Global X Defense Tech ETF (SHLD)

ITA

iShares U.S. Aerospace & Defense ETF

ITA Description

The investment seeks to track the investment results of an index composed of U.S. equities in the aerospace and defense sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Aerospace & Defense Index (the "underlying index"), which measures the performance of the aerospace and defense sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$153.33

Average Daily Volume

387,891

Number of Holdings ^*

35

* may have additional holdings in another (foreign) market

SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$39.44

Average Daily Volume

283,712

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

Performance

Period	ITA	SHLD
30 Days	-2.54%	0.64%
60 Days	2.71%	5.95%
90 Days	5.52%	7.64%
12 Months	30.64%	44.86%

12 Overlapping Holdings

	Symbol	Grade	Weight in ITA	Weight in SHLD	Overlap
	AVAV	C	1.07%	2.02%	1.07%
	BWXT	B	2.2%	4.01%	2.2%
	GD	D	4.09%	6.94%	4.09%
	HII	F	1.44%	2.66%	1.44%
	KTOS	C	0.72%	1.35%	0.72%
	LHX	B	4.58%	4.35%	4.35%
	LMT	D	9.91%	7.91%	7.91%
	MOG.A	B	1.18%	2.07%	1.18%
	MRCY	C	0.39%	0.8%	0.39%
	NOC	D	4.06%	7.31%	4.06%
	NPK	C	0.07%	0.13%	0.07%
	RTX	D	14.68%	7.85%	7.85%

ITA Overweight 23 Positions Relative to SHLD

	Symbol	Grade	Weight
	GE	D	17.95%
	AXON	A	7.0%
	HWM	A	5.04%
	BA	D	4.47%
	TDG	D	4.01%
	TXT	D	3.03%
	HEI	A	2.67%
	CW	B	2.6%
	WWD	B	1.94%
	HEI	A	1.86%
	RKLB	B	1.13%
	HXL	F	0.92%
	SPR	D	0.66%
	DRS	B	0.48%
	AIR	B	0.44%
	TGI	A	0.26%
	ACHR	B	0.18%
	LOAR	B	0.18%
	DCO	B	0.17%
	VVX	C	0.16%
	CDRE	F	0.16%
	RGR	F	0.12%
	SWBI	D	0.11%

ITA Underweight 5 Positions Relative to SHLD

	Symbol	Grade	Weight
	PLTR	B	-10.38%
	LDOS	C	-4.86%
	PSN	D	-3.92%
	OSIS	A	-0.81%
	BBAI	C	-0.05%

ITA: Top Represented Industries & Keywords

Industries: Aerospace & Defense Specialty Industrial Machinery Business Services Communication Equipment Computer Systems Diversified Industrials Security & Protection Services

Keywords: Aerospace S&P 500 Weapons Department Of Defense Aviation Avionics Defense Systems Helicopter Radar Space Systems Actuator Aerostructure Electronics Laser Law Enforcement Microwave U.S. Department Of Defense Aerospace Systems Combat Systems Communications Systems

SHLD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Communication Equipment Computer Systems Diversified Industrials Electronic Components Security & Protection Services Software - Infrastructure

Keywords: S&P 500 Aerospace Department Of Defense National Security Avionics Big Data Combat Systems Communications Systems Computing Cybersecurity Electronic Systems Engineering Services Homeland Security Modeling And Simulation Radar Space Systems United States Navy Weapons Aerospace Systems Air Force