ITA vs. DFND.AS

Last updated Apr 1, 2026

Compare and contrast key facts about iShares U.S. Aerospace & Defense ETF (ITA) and iShares Global Aerospace & Defence UCITS ETF (DFND.AS).

ITA and DFND.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ITA is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Aerospace & Defense Index. It was launched on May 5, 2006. DFND.AS is a passively managed fund by iShares that tracks the performance of the S&P Developed BMI Select Aerospace & Defense 35/20 Capped Index NR. It was launched on Feb 1, 2024. Both ITA and DFND.AS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ITA vs. DFND.AS - Performance Comparison

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

ITA vs. DFND.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ITA iShares U.S. Aerospace & Defense ETF	1.96%	48.64%	16.70%
DFND.AS iShares Global Aerospace & Defence UCITS ETF	0.00%	0.00%	16.29%

Returns By Period

ITA

• 1D: 3.78%
• 1M: -10.19%
• YTD: 1.96%
• 6M: 4.60%
• 1Y: 43.64%
• 3Y*: 24.84%
• 5Y*: 16.89%
• 10Y*: 15.24%

DFND.AS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITA vs. DFND.AS - Expense Ratio Comparison

ITA has a 0.42% expense ratio, which is higher than DFND.AS's 0.35% expense ratio.

ITA

iShares U.S. Aerospace & Defense ETF

DFND.AS

iShares Global Aerospace & Defence UCITS ETF

Return for Risk

ITA vs. DFND.AS — Risk / Return Rank

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

ITA

ITA Risk / Return Rank: 89
ITA Sharpe Ratio Rank: 90
ITA Sortino Ratio Rank: 90
ITA Omega Ratio Rank: 89
ITA Calmar Ratio Rank: 89
ITA Martin Ratio Rank: 89

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.

ITA vs. DFND.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aerospace & Defense ETF (ITA) and iShares Global Aerospace & Defence UCITS ETF (DFND.AS). 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.

	ITA	DFND.AS	Difference
Sharpe ratio Return per unit of total volatility	1.88	—	—
Sortino ratio Return per unit of downside risk	2.51	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	2.75	—	—
Martin ratio Return relative to average drawdown	10.65	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ITA	DFND.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	—	—

Correlation

The correlation between ITA and DFND.AS is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ITA vs. DFND.AS - Dividend Comparison

ITA's dividend yield for the trailing twelve months is around 0.49%, while DFND.AS has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITA iShares U.S. Aerospace & Defense ETF	0.49%	0.55%	0.85%	0.93%	0.95%	0.82%	1.07%	1.54%	1.13%	0.91%	1.07%	1.04%
DFND.AS iShares Global Aerospace & Defence UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	ITA	DFND.AS	Difference
Max Drawdown Largest peak-to-trough decline	-59.72%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-15.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.72%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-51.00%	—	—
Current Drawdown Current decline from peak	-12.65%	—	—
Average Drawdown Average peak-to-trough decline	-9.45%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.09%	—	—

Volatility

Volatility by Period

	ITA	DFND.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.28%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.67%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.95%	—	—