ITA vs. FINX

Last updated Jun 13, 2026

ITA (iShares U.S. Aerospace & Defense ETF) and FINX (Global X FinTech ETF) are both exchange-traded funds - ITA is a Aerospace & Defense fund tracking the Dow Jones U.S. Select Aerospace & Defense Index, while FINX is a Technology Equities fund tracking the Indxx Global FinTech Thematic Index. Both are passively managed. Over the past 5 years, ITA returned 16.86%/yr vs -10.88%/yr for FINX. A 0.52 correlation means they provide meaningful diversification when combined. ITA charges 0.38%/yr vs 0.68%/yr for FINX.

Performance

ITA vs. FINX - Performance Comparison

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

Returns By Period

In the year-to-date period, ITA achieves a 8.97% return, which is significantly higher than FINX's -17.70% return.

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%

FINX

• 1D: 0.71%
• 1M: -4.65%
• YTD: -17.70%
• 6M: -20.07%
• 1Y: -22.05%
• 3Y*: 4.10%
• 5Y*: -10.88%
• 10Y*: —

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

ITA vs. FINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
FINX Global X FinTech ETF	-17.70%	-5.20%	23.02%	33.15%	-51.80%	-9.65%	53.76%	37.52%	0.82%	49.96%

Correlation

The correlation between ITA and FINX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since Sep 13, 2016	0.52

The correlation between ITA and FINX shifts across timeframes, from 0.42 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.

ITA vs. FINX - Sectors Allocation Comparison

Sectors	ITA	FINX
Industrials	99.8%	3.7%
Technology	0.1%	56.4%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	38.6%
Healthcare	-	1.3%
Real Estate	-	-
Utilities	-	-

Return for Risk

ITA vs. FINX — Risk / Return Rank

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

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

FINX

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

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. FINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aerospace & Defense ETF (ITA) and Global X FinTech ETF (FINX). 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.

	ITA	FINX	Difference
Sharpe ratio: Return per unit of total volatility	1.43	-0.81	+2.24
Sortino ratio: Return per unit of downside risk	2.11	-1.00	+3.11
Omega ratio: Gain probability vs. loss probability	1.25	0.88	+0.37
Calmar ratio: Return relative to maximum drawdown	1.97	-0.66	+2.63
Martin ratio: Return relative to average drawdown	5.20	-1.23	+6.43

ITA vs. FINX - Sharpe Ratio Comparison

The current ITA Sharpe Ratio is 1.43, which is higher than the FINX Sharpe Ratio of -0.81. The chart below compares the historical Sharpe Ratios of ITA and FINX, 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

ITA vs. FINX - Drawdown Comparison

The maximum ITA drawdown since its inception was -59.72%, smaller than the maximum FINX drawdown of -63.53%. Use the drawdown chart below to compare losses from any high point for ITA and FINX.

Drawdown Indicators

	ITA	FINX	Difference
Max Drawdown Largest peak-to-trough decline	-59.72%	-63.53%	+3.81%
Max Drawdown (1Y) Largest decline over 1 year	-15.82%	-36.58%	+20.76%
Max Drawdown (3Y) Largest decline over 3 years	-15.82%	-36.58%	+20.76%
Max Drawdown (5Y) Largest decline over 5 years	-18.72%	-63.53%	+44.81%
Max Drawdown (10Y) Largest decline over 10 years	-51.00%	—	—
Current Drawdown Current decline from peak	-6.64%	-50.78%	+44.14%
Average Drawdown Average peak-to-trough decline	-9.45%	-24.52%	+15.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.97%	19.70%	-13.73%

Volatility

ITA vs. FINX - Volatility Comparison

The current volatility for iShares U.S. Aerospace & Defense ETF (ITA) is 9.07%, while Global X FinTech ETF (FINX) has a volatility of 10.28%. This indicates that ITA experiences smaller price fluctuations and is considered to be less risky than FINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITA	FINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.07%	10.28%	-1.21%
Volatility (6M) Calculated over the trailing 6-month period	18.47%	23.64%	-5.17%
Volatility (1Y) Calculated over the trailing 1-year period	21.74%	29.98%	-8.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.21%	31.51%	-11.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.22%	28.76%	-5.54%

ITA vs. FINX - Expense Ratio Comparison

ITA has a 0.38% expense ratio, which is lower than FINX's 0.68% expense ratio.

Dividends

ITA vs. FINX - Dividend Comparison

ITA's dividend yield for the trailing twelve months is around 0.46%, less than FINX's 0.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FINX Global X FinTech ETF	0.70%	0.58%	0.72%	0.21%	0.27%	5.40%	0.00%	0.00%	0.18%	0.11%	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 ITA and FINX in my portfolio?

ITA and FINX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITA or FINX?

FINX has higher volatility (10.28%) compared to ITA (9.07%). In terms of maximum drawdown, ITA dropped -59.72% vs FINX's -63.53%.

Which ETF is better, ITA or FINX?

On 5-year performance, ITA leads with 16.86% vs -10.88% for FINX. On fees, ITA is cheaper at 0.38% per year. On volatility, ITA has been the lower-risk option at 9.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITA or FINX?

Over the 5-year period, ITA has performed better with a 16.86% return vs -10.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITA or FINX?

ITA is cheaper with a 0.38% expense ratio, compared with 0.68% for FINX.

Which ETF pays a higher dividend yield, ITA or FINX?

FINX has the higher dividend yield at 0.70%, compared with 0.46% for ITA.

What is the main difference between ITA and FINX?

ITA is categorized as Aerospace & Defense, while FINX is Technology Equities. ITA tracks Dow Jones U.S. Select Aerospace & Defense Index, while FINX tracks Indxx Global FinTech Thematic Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.38% for ITA and 0.68% for FINX.

Which has better risk-adjusted returns?

ITA currently has the higher Sharpe Ratio (1.43 vs -0.81), 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.