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ITA vs. FSDAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ITA and FSDAX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.8

Performance

ITA vs. FSDAX - Performance Comparison

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

500.00%550.00%600.00%650.00%NovemberDecember2025FebruaryMarchApril
624.92%
552.78%
ITA
FSDAX

Key characteristics

Sharpe Ratio

ITA:

0.90

FSDAX:

1.06

Sortino Ratio

ITA:

1.34

FSDAX:

1.53

Omega Ratio

ITA:

1.19

FSDAX:

1.22

Calmar Ratio

ITA:

1.32

FSDAX:

1.50

Martin Ratio

ITA:

5.14

FSDAX:

6.79

Ulcer Index

ITA:

3.88%

FSDAX:

3.55%

Daily Std Dev

ITA:

22.27%

FSDAX:

22.64%

Max Drawdown

ITA:

-59.72%

FSDAX:

-60.20%

Current Drawdown

ITA:

-4.16%

FSDAX:

-3.68%

Returns By Period

In the year-to-date period, ITA achieves a 5.34% return, which is significantly lower than FSDAX's 8.06% return. Both investments have delivered pretty close results over the past 10 years, with ITA having a 10.74% annualized return and FSDAX not far ahead at 10.93%.


ITA

YTD

5.34%

1M

-4.16%

6M

2.79%

1Y

19.94%

5Y*

16.64%

10Y*

10.74%

FSDAX

YTD

8.06%

1M

-3.68%

6M

6.18%

1Y

23.06%

5Y*

16.78%

10Y*

10.93%

*Annualized

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ITA vs. FSDAX - Expense Ratio Comparison

ITA has a 0.42% expense ratio, which is lower than FSDAX's 0.74% expense ratio.


Expense ratio chart for FSDAX: current value is 0.74%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSDAX: 0.74%
Expense ratio chart for ITA: current value is 0.42%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ITA: 0.42%

Risk-Adjusted Performance

ITA vs. FSDAX — Risk-Adjusted Performance Rank

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

ITA
The Risk-Adjusted Performance Rank of ITA is 8282
Overall Rank
The Sharpe Ratio Rank of ITA is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of ITA is 7878
Sortino Ratio Rank
The Omega Ratio Rank of ITA is 8080
Omega Ratio Rank
The Calmar Ratio Rank of ITA is 8888
Calmar Ratio Rank
The Martin Ratio Rank of ITA is 8585
Martin Ratio Rank

FSDAX
The Risk-Adjusted Performance Rank of FSDAX is 8484
Overall Rank
The Sharpe Ratio Rank of FSDAX is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of FSDAX is 7979
Sortino Ratio Rank
The Omega Ratio Rank of FSDAX is 8383
Omega Ratio Rank
The Calmar Ratio Rank of FSDAX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of FSDAX is 9090
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ITA vs. FSDAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aerospace & Defense ETF (ITA) and Fidelity Select Defense & Aerospace Portfolio (FSDAX). 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.


The chart of Sharpe ratio for ITA, currently valued at 0.90, compared to the broader market-1.000.001.002.003.004.00
ITA: 0.90
FSDAX: 1.06
The chart of Sortino ratio for ITA, currently valued at 1.34, compared to the broader market-2.000.002.004.006.008.00
ITA: 1.34
FSDAX: 1.53
The chart of Omega ratio for ITA, currently valued at 1.19, compared to the broader market0.501.001.502.00
ITA: 1.19
FSDAX: 1.22
The chart of Calmar ratio for ITA, currently valued at 1.32, compared to the broader market0.002.004.006.008.0010.0012.00
ITA: 1.32
FSDAX: 1.50
The chart of Martin ratio for ITA, currently valued at 5.14, compared to the broader market0.0020.0040.0060.00
ITA: 5.14
FSDAX: 6.79

The current ITA Sharpe Ratio is 0.90, which is comparable to the FSDAX Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of ITA and FSDAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.90
1.06
ITA
FSDAX

Dividends

ITA vs. FSDAX - Dividend Comparison

ITA's dividend yield for the trailing twelve months is around 0.80%, less than FSDAX's 9.10% yield.


TTM20242023202220212020201920182017201620152014
ITA
iShares U.S. Aerospace & Defense ETF
0.80%0.85%0.93%0.95%0.82%1.07%1.54%1.13%0.91%1.07%1.04%1.21%
FSDAX
Fidelity Select Defense & Aerospace Portfolio
9.10%7.68%6.47%8.87%8.38%2.11%2.62%11.45%3.64%4.87%6.55%6.78%

Drawdowns

ITA vs. FSDAX - Drawdown Comparison

The maximum ITA drawdown since its inception was -59.72%, roughly equal to the maximum FSDAX drawdown of -60.20%. Use the drawdown chart below to compare losses from any high point for ITA and FSDAX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-4.16%
-3.68%
ITA
FSDAX

Volatility

ITA vs. FSDAX - Volatility Comparison

iShares U.S. Aerospace & Defense ETF (ITA) and Fidelity Select Defense & Aerospace Portfolio (FSDAX) have volatilities of 14.64% and 15.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
14.64%
15.36%
ITA
FSDAX