ITA vs. IAU
Compare and contrast key facts about iShares U.S. Aerospace & Defense ETF (ITA) and iShares Gold Trust (IAU).
ITA and IAU 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. IAU is a passively managed fund by iShares that tracks the performance of the LBMA Gold Price. It was launched on Jan 21, 2005. Both ITA and IAU 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. IAU - Performance Comparison
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ITA vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ITA iShares U.S. Aerospace & Defense ETF | 4.24% | 48.64% | 15.81% | 14.33% | 9.96% | 9.39% | -13.57% | 30.51% | -7.22% | 35.24% |
IAU iShares Gold Trust | 10.48% | 63.95% | 26.85% | 12.84% | -0.63% | -4.00% | 25.03% | 17.98% | -1.76% | 12.91% |
Returns By Period
In the year-to-date period, ITA achieves a 4.24% return, which is significantly lower than IAU's 10.48% return. Over the past 10 years, ITA has outperformed IAU with an annualized return of 15.49%, while IAU has yielded a comparatively lower 14.27% annualized return.
ITA
- 1D
- 2.24%
- 1M
- -10.69%
- YTD
- 4.24%
- 6M
- 6.95%
- 1Y
- 45.80%
- 3Y*
- 25.76%
- 5Y*
- 17.41%
- 10Y*
- 15.49%
IAU
- 1D
- 1.72%
- 1M
- -10.66%
- YTD
- 10.48%
- 6M
- 23.05%
- 1Y
- 52.36%
- 3Y*
- 33.88%
- 5Y*
- 22.19%
- 10Y*
- 14.27%
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ITA vs. IAU - Expense Ratio Comparison
ITA has a 0.42% expense ratio, which is higher than IAU's 0.25% expense ratio.
Return for Risk
ITA vs. IAU — Risk / Return Rank
ITA
IAU
ITA vs. IAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aerospace & Defense ETF (ITA) and iShares Gold Trust (IAU). 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 | IAU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.97 | 1.90 | +0.07 |
Sortino ratioReturn per unit of downside risk | 2.60 | 2.33 | +0.27 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.35 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.96 | 2.72 | +0.24 |
Martin ratioReturn relative to average drawdown | 11.32 | 9.95 | +1.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ITA | IAU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.97 | 1.90 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 1.26 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.90 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.65 | -0.14 |
Correlation
The correlation between ITA and IAU is 0.05, 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. IAU - Dividend Comparison
ITA's dividend yield for the trailing twelve months is around 0.48%, while IAU 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 | 0.48% | 0.55% | 0.85% | 0.93% | 0.95% | 0.82% | 1.07% | 1.54% | 1.13% | 0.91% | 1.07% | 1.04% |
IAU iShares Gold Trust | 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
ITA vs. IAU - Drawdown Comparison
The maximum ITA drawdown since its inception was -59.72%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for ITA and IAU.
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Drawdown Indicators
| ITA | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.72% | -45.14% | -14.58% |
Max Drawdown (1Y)Largest decline over 1 year | -15.82% | -19.18% | +3.36% |
Max Drawdown (5Y)Largest decline over 5 years | -18.72% | -20.93% | +2.21% |
Max Drawdown (10Y)Largest decline over 10 years | -51.00% | -21.82% | -29.18% |
Current DrawdownCurrent decline from peak | -10.69% | -11.71% | +1.02% |
Average DrawdownAverage peak-to-trough decline | -9.45% | -15.98% | +6.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.14% | 5.23% | -1.09% |
Volatility
ITA vs. IAU - Volatility Comparison
The current volatility for iShares U.S. Aerospace & Defense ETF (ITA) is 8.22%, while iShares Gold Trust (IAU) has a volatility of 10.44%. This indicates that ITA experiences smaller price fluctuations and is considered to be less risky than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ITA | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.22% | 10.44% | -2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 16.06% | 24.15% | -8.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.37% | 27.64% | -4.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.70% | 17.70% | +2.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.95% | 15.83% | +7.12% |