AIPO vs. ITB

Last updated Jun 24, 2026

AIPO (Defiance AI & Power Infrastructure ETF) and ITB (iShares U.S. Home Construction ETF) are both Building & Construction funds - AIPO tracks the MarketVector™ US Listed AI and Power Infrastructure Index while ITB tracks the Dow Jones U.S. Select Home Construction Index. Both are passively managed. At a 0.25 correlation, their price movements are largely independent. AIPO charges 0.69%/yr vs 0.38%/yr for ITB.

Performance

AIPO vs. ITB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance AI & Power Infrastructure ETF (AIPO) and iShares U.S. Home Construction ETF (ITB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIPO achieves a 49.55% return, which is significantly higher than ITB's 1.43% return.

AIPO

• 1D: -4.86%
• 1M: 2.22%
• YTD: 49.55%
• 6M: 45.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ITB

• 1D: -0.01%
• 1M: 7.17%
• YTD: 1.43%
• 6M: 0.59%
• 1Y: 5.88%
• 3Y*: 6.76%
• 5Y*: 8.33%
• 10Y*: 14.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIPO vs. ITB - Yearly Performance Comparison

	2026 (YTD)	2025
AIPO Defiance AI & Power Infrastructure ETF	49.55%	9.46%
ITB iShares U.S. Home Construction ETF	1.43%	-3.19%

Correlation

The correlation between AIPO and ITB is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.25

AIPO vs. ITB - Sectors Allocation Comparison

Sectors	AIPO	ITB
Industrials	46.4%	19.5%
Utilities	21.2%	-
Technology	18.9%	-
Energy	6.1%	-
Financial Services	5.3%	-
Real Estate	1.0%	0.5%
Communication Services	0.8%	-
Basic Materials	-	8.7%
Consumer Cyclical	-	71.3%
Consumer Defensive	-	-
Healthcare	-	-

Return for Risk

AIPO vs. ITB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIPO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ITB

ITB Risk / Return Rank: 11
ITB Sharpe Ratio Rank: 11
ITB Sortino Ratio Rank: 12
ITB Omega Ratio Rank: 12
ITB Calmar Ratio Rank: 11
ITB Martin Ratio Rank: 10

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.

AIPO vs. ITB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance AI & Power Infrastructure ETF (AIPO) and iShares U.S. Home Construction ETF (ITB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	AIPO	ITB	Difference
Sharpe ratio: Return per unit of total volatility	—	0.20	—
Sortino ratio: Return per unit of downside risk	—	0.56	—
Omega ratio: Gain probability vs. loss probability	—	1.06	—
Calmar ratio: Return relative to maximum drawdown	—	0.23	—
Martin ratio: Return relative to average drawdown	—	0.43	—

Drawdowns

AIPO vs. ITB - Drawdown Comparison

The maximum AIPO drawdown since its inception was -17.31%, smaller than the maximum ITB drawdown of -86.53%. Use the drawdown chart below to compare losses from any high point for AIPO and ITB.

Drawdown Indicators

	AIPO	ITB	Difference
Max Drawdown Largest peak-to-trough decline	-17.31%	-86.53%	+69.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-26.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-52.10%	—
Current Drawdown Current decline from peak	-4.86%	-23.11%	+18.25%
Average Drawdown Average peak-to-trough decline	-4.44%	-37.06%	+32.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.67%	—

Volatility

Volatility by Period

	AIPO	ITB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	35.59%	29.94%	+5.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.59%	29.37%	+6.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.59%	30.08%	+5.51%

AIPO vs. ITB - Expense Ratio Comparison

AIPO has a 0.69% expense ratio, which is higher than ITB's 0.38% expense ratio.

Dividends

AIPO vs. ITB - Dividend Comparison

AIPO's dividend yield for the trailing twelve months is around 0.01%, less than ITB's 0.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ITB iShares U.S. Home Construction ETF	0.66%	1.67%	0.46%	0.48%	0.86%	0.37%	0.46%	0.50%	0.63%	0.28%	0.43%	0.34%

Frequently Asked Questions

Can I hold both AIPO and ITB in my portfolio?

AIPO and ITB have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIPO or ITB?

On fees, ITB is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIPO or ITB?

ITB is cheaper with a 0.38% expense ratio, compared with 0.69% for AIPO.

Which ETF pays a higher dividend yield, AIPO or ITB?

ITB has the higher dividend yield at 0.66%, compared with 0.01% for AIPO.

What is the main difference between AIPO and ITB?

AIPO tracks MarketVector™ US Listed AI and Power Infrastructure Index, while ITB tracks Dow Jones U.S. Select Home Construction Index. They also come from different issuers: Defiance and iShares. Their fees differ too: 0.69% for AIPO and 0.38% for ITB.