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ISIN
US4642887602
CUSIP
464288760
Issuer
iShares
Inception Date
May 5, 2006
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Dow Jones U.S. Select Aerospace & Defense Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Growth
Assets Under Management
$14B

Share Price Chart


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Performance

ITA Performance Chart

iShares U.S. Aerospace & Defense ETF (ITA) is up 11.7% since the beginning of the year. ITA is currently trading at $240 per share. Investors who bought $1,000 worth of ITA shares 5 years ago would now be looking at an investment worth $2,280.


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S&P 500 Index

Returns By Period

iShares U.S. Aerospace & Defense ETF (ITA) has returned 11.72% so far this year and 34.37% over the past 12 months. Looking at the last ten years, ITA has achieved an annualized return of 15.65%, outperforming the S&P 500 Index benchmark, which averaged 13.75% per year.


iShares U.S. Aerospace & Defense ETF

1D
0.89%
1M
10.32%
YTD
11.72%
6M
15.34%
1Y
34.37%
3Y*
28.32%
5Y*
17.92%
10Y*
15.65%

Benchmark (S&P 500 Index)

1D
-0.57%
1M
1.39%
YTD
9.73%
6M
10.46%
1Y
24.50%
3Y*
19.43%
5Y*
12.21%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITA Monthly Returns History

Based on dividend-adjusted daily data since May 5, 2006, ITA's average daily return is +0.06%, while the average monthly return is +1.19%. At this rate, an investment would double in approximately 4.9 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +22.4%, while the worst month was Mar 2020 at -28.0%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ITA closed higher 53% of trading days. The best single day was May 7, 2010 with a return of +33.5%, while the worst single day was May 6, 2010 at -29.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20268.24%4.88%-10.19%-0.09%7.72%1.80%11.72%
20257.73%-1.14%-0.93%2.49%12.96%6.53%4.22%0.93%5.86%3.12%-4.95%4.68%48.64%
2024-3.12%4.26%3.38%-1.58%4.75%-2.71%8.43%3.16%1.46%-3.48%7.71%-6.30%15.81%
20232.51%0.03%0.58%-0.97%-4.65%7.60%0.90%-1.32%-8.59%3.67%9.10%5.99%14.33%
2022-1.61%10.65%-0.85%-7.16%-0.66%-2.69%4.67%-2.01%-9.98%17.57%4.39%0.16%9.96%
2021-5.95%7.33%9.23%2.24%3.63%-0.53%-1.42%-1.84%-1.47%0.25%-6.12%4.93%9.39%

Benchmark Metrics

iShares U.S. Aerospace & Defense ETF has an annualized alpha of 5.16%, beta of 0.96, and R2 of 0.57 versus S&P 500 Index. Calculated based on daily prices since May 05, 2006.

  • This ETF captured 109.00% of S&P 500 Index gains but only 92.27% of its losses - a favorable profile for investors.
  • This ETF generated an annualized alpha of 5.16% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 0.96 and R2 of 0.57, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
5.16%
Beta
0.96
0.57
Upside Capture
109.00%
Downside Capture
92.27%

Expense Ratio

ITA has an expense ratio of 0.38%, placing it in the medium range.


Return for Risk

Risk / Return Rank

ITA ranks 45 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


ITA Risk / Return Rank: 4545
Overall Rank
ITA Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
ITA Sortino Ratio Rank: 4949
Sortino Ratio Rank
ITA Omega Ratio Rank: 4444
Omega Ratio Rank
ITA Calmar Ratio Rank: 4646
Calmar Ratio Rank
ITA Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for iShares U.S. Aerospace & Defense ETF (ITA) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


ITABenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.40

Sortino ratioReturn per unit of downside risk

-0.41

Omega ratioGain probability vs. loss probability

1.27

1.36

-0.09

Calmar ratioReturn relative to maximum drawdown

2.18

2.71

-0.52

Martin ratioReturn relative to average drawdown

5.76

12.15

-6.39

Dividends

Dividend History

iShares U.S. Aerospace & Defense ETF provided a 0.44% dividend yield over the last twelve months, with an annual payout of $1.06 per share.


0.60%0.80%1.00%1.20%1.40%1.60%$0.00$0.50$1.00$1.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.06$1.18$1.23$1.17$1.06$0.84$1.01$1.71$0.97$0.86$0.75$0.61

Dividend yield

0.44%0.55%0.85%0.93%0.95%0.82%1.07%1.54%1.13%0.91%1.07%1.04%

Monthly Dividends

The table displays the monthly dividend distributions for iShares U.S. Aerospace & Defense ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.15$0.00$0.00$0.16$0.31
2025$0.00$0.00$0.25$0.00$0.00$0.17$0.00$0.00$0.75$0.00$0.00$0.00$1.18
2024$0.00$0.00$0.27$0.00$0.00$0.30$0.00$0.00$0.23$0.00$0.00$0.44$1.23
2023$0.00$0.00$0.28$0.00$0.00$0.24$0.00$0.00$0.22$0.00$0.00$0.43$1.17
2022$0.00$0.00$0.16$0.00$0.00$0.28$0.00$0.00$0.38$0.00$0.00$0.24$1.06
2021$0.00$0.00$0.32$0.00$0.00$0.19$0.00$0.00$0.18$0.00$0.00$0.16$0.84

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the iShares U.S. Aerospace & Defense ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares U.S. Aerospace & Defense ETF was 59.72%, occurring on Mar 9, 2009. Recovery took 947 trading sessions.

The current iShares U.S. Aerospace & Defense ETF drawdown is 4.28%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-59.72%Mar 2009
1y 5mo3y 9mo
5y 2moOct 2007 - Dec 2012
COVID crash2020
-51.00%Mar 2020
1mo 9d2y 10mo
3y 1dFeb 2020 - Feb 2023
Rate-hike selloffLate 2018
-25.45%Dec 2018
2mo 21d6mo 20d
9mo 11dOct 2018 - Jul 2019
2016 correction2016
-17.17%Feb 2016
10mo 4d2mo 29d
1y 28dApr 2015 - May 2016
2026 correction2026
-15.82%Mar 2026
27d
3mo 16dMar 2026 - now

Drawdown Indicators


ITABenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-59.72%

-56.78%

-2.94%

Max Drawdown (1Y)

Largest decline over 1 year

-15.82%

-9.10%

-6.72%

Max Drawdown (3Y)

Largest decline over 3 years

-15.82%

-18.90%

+3.08%

Max Drawdown (5Y)

Largest decline over 5 years

-18.72%

-25.43%

+6.71%

Max Drawdown (10Y)

Largest decline over 10 years

-51.00%

-33.92%

-17.08%

Current Drawdown

Current decline from peak

-4.28%

-1.29%

-2.99%

Average Drawdown

Average peak-to-trough decline

-9.45%

-10.72%

+1.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.98%

2.02%

+3.96%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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