HUBS vs. ITA

Last updated Jun 13, 2026

HUBS (HubSpot, Inc.) is a stock, while ITA (iShares U.S. Aerospace & Defense ETF) is Aerospace & Defense fund tracking the Dow Jones U.S. Select Aerospace & Defense Index. Over the past 10 years, HUBS returned 14.57%/yr vs 15.34%/yr for ITA. At a 0.33 correlation, their price movements are largely independent.

Performance

HUBS vs. ITA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HubSpot, Inc. (HUBS) and iShares U.S. Aerospace & Defense ETF (ITA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HUBS achieves a -53.16% return, which is significantly lower than ITA's 8.97% return. Over the past 10 years, HUBS has underperformed ITA with an annualized return of 14.57%, while ITA has yielded a comparatively higher 15.34% annualized return.

HUBS

• 1D: 0.83%
• 1M: -5.24%
• YTD: -53.16%
• 6M: -50.00%
• 1Y: -66.10%
• 3Y*: -28.43%
• 5Y*: -18.40%
• 10Y*: 14.57%

ITA

• 1D: -0.95%
• 1M: 4.16%
• YTD: 8.97%
• 6M: 11.71%
• 1Y: 30.42%
• 3Y*: 27.30%
• 5Y*: 16.86%
• 10Y*: 15.34%

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

HUBS vs. ITA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HUBS HubSpot, Inc.	-53.16%	-42.41%	20.02%	100.79%	-56.14%	66.27%	150.12%	26.06%	42.23%	88.09%
ITA iShares U.S. Aerospace & Defense ETF	8.97%	48.64%	15.81%	14.33%	9.96%	9.39%	-13.57%	30.51%	-7.22%	35.24%

Correlation

The correlation between HUBS and ITA is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Oct 9, 2014	0.33

Over the past year, the correlation between HUBS and ITA has dropped to 0.04 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.

Return for Risk

HUBS vs. ITA — Risk / Return Rank

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

HUBS

HUBS Risk / Return Rank: 3
HUBS Sharpe Ratio Rank: 4
HUBS Sortino Ratio Rank: 4
HUBS Omega Ratio Rank: 4
HUBS Calmar Ratio Rank: 2
HUBS Martin Ratio Rank: 3

ITA

ITA Risk / Return Rank: 44
ITA Sharpe Ratio Rank: 47
ITA Sortino Ratio Rank: 48
ITA Omega Ratio Rank: 43
ITA Calmar Ratio Rank: 45
ITA Martin Ratio Rank: 38

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.

HUBS vs. ITA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HubSpot, Inc. (HUBS) and iShares U.S. Aerospace & Defense ETF (ITA). 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.

	HUBS	ITA	Difference
Sharpe ratio: Return per unit of total volatility	-1.07	1.43	-2.50
Sortino ratio: Return per unit of downside risk	-1.84	2.11	-3.95
Omega ratio: Gain probability vs. loss probability	0.77	1.25	-0.48
Calmar ratio: Return relative to maximum drawdown	-0.99	1.97	-2.95
Martin ratio: Return relative to average drawdown	-1.66	5.20	-6.87

HUBS vs. ITA - Sharpe Ratio Comparison

The current HUBS Sharpe Ratio is -1.07, which is lower than the ITA Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of HUBS and ITA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HUBS vs. ITA - Drawdown Comparison

The maximum HUBS drawdown since its inception was -78.99%, which is greater than ITA's maximum drawdown of -59.72%. Use the drawdown chart below to compare losses from any high point for HUBS and ITA.

Drawdown Indicators

	HUBS	ITA	Difference
Max Drawdown Largest peak-to-trough decline	-78.99%	-59.72%	-19.27%
Max Drawdown (1Y) Largest decline over 1 year	-68.09%	-15.82%	-52.27%
Max Drawdown (3Y) Largest decline over 3 years	-78.16%	-15.82%	-62.34%
Max Drawdown (5Y) Largest decline over 5 years	-78.99%	-18.72%	-60.27%
Max Drawdown (10Y) Largest decline over 10 years	-78.99%	-51.00%	-27.99%
Current Drawdown Current decline from peak	-77.94%	-6.64%	-71.30%
Average Drawdown Average peak-to-trough decline	-23.21%	-9.45%	-13.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.95%	5.97%	+34.98%

Volatility

HUBS vs. ITA - Volatility Comparison

HubSpot, Inc. (HUBS) has a higher volatility of 27.45% compared to iShares U.S. Aerospace & Defense ETF (ITA) at 9.07%. This indicates that HUBS's price experiences larger fluctuations and is considered to be riskier than ITA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUBS	ITA	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.45%	9.07%	+18.38%
Volatility (6M) Calculated over the trailing 6-month period	55.03%	18.47%	+36.56%
Volatility (1Y) Calculated over the trailing 1-year period	62.97%	21.74%	+41.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.02%	20.21%	+34.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.98%	23.22%	+27.76%

Dividends

HUBS vs. ITA - Dividend Comparison

HUBS has not paid dividends to shareholders, while ITA's dividend yield for the trailing twelve months is around 0.46%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HUBS HubSpot, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ITA iShares U.S. Aerospace & Defense ETF	0.46%	0.55%	0.85%	0.93%	0.95%	0.82%	1.07%	1.54%	1.13%	0.91%	1.07%	1.04%

Frequently Asked Questions

Can I hold both HUBS and ITA in my portfolio?

HUBS and ITA have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HUBS or ITA?

HUBS has higher volatility (27.45%) compared to ITA (9.07%). In terms of maximum drawdown, HUBS dropped -78.99% vs ITA's -59.72%.

Which has better risk-adjusted returns?

ITA currently has the higher Sharpe Ratio (1.43 vs -1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.