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ITA vs. SOL-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

ITA vs. SOL-USD - Performance Comparison

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

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Returns By Period

In the year-to-date period, ITA achieves a 10.73% return, which is significantly higher than SOL-USD's -40.55% return.


ITA

1D
1.62%
1M
9.34%
YTD
10.73%
6M
13.39%
1Y
32.52%
3Y*
27.94%
5Y*
17.41%
10Y*
15.54%

SOL-USD

1D
3.85%
1M
-14.48%
YTD
-40.55%
6M
-42.11%
1Y
-51.64%
3Y*
69.03%
5Y*
13.25%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITA vs. SOL-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
ITA
iShares U.S. Aerospace & Defense ETF
10.73%48.64%15.81%14.33%9.96%9.39%22.70%
SOL-USD
Solana
-40.55%-34.09%85.68%919.96%-94.13%11,143.63%81.60%

Correlation

The correlation between ITA and SOL-USD is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.21

Correlation (3Y)
Calculated over the trailing 3-year period

0.15

Correlation (5Y)
Calculated over the trailing 5-year period

0.18

Correlation (All Time)
Calculated using the full available price history since Apr 10, 2020

0.16

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Return for Risk

ITA vs. SOL-USD — Risk / Return Rank

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

ITA
ITA Risk / Return Rank: 4545
Overall Rank
ITA Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
ITA Sortino Ratio Rank: 4949
Sortino Ratio Rank
ITA Omega Ratio Rank: 4444
Omega Ratio Rank
ITA Calmar Ratio Rank: 4646
Calmar Ratio Rank
ITA Martin Ratio Rank: 3838
Martin Ratio Rank

SOL-USD
SOL-USD Risk / Return Rank: 5050
Overall Rank
SOL-USD Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
SOL-USD Sortino Ratio Rank: 4848
Sortino Ratio Rank
SOL-USD Omega Ratio Rank: 4949
Omega Ratio Rank
SOL-USD Calmar Ratio Rank: 5757
Calmar Ratio Rank
SOL-USD Martin Ratio Rank: 5050
Martin Ratio Rank
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. SOL-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aerospace & Defense ETF (ITA) and Solana (SOL-USD). 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.


ITASOL-USDDifference
Sharpe ratioReturn per unit of total volatility

+2.22

Sortino ratioReturn per unit of downside risk

+3.09

Omega ratioGain probability vs. loss probability

1.26

0.91

+0.34

Calmar ratioReturn relative to maximum drawdown

2.06

-0.69

+2.75

Martin ratioReturn relative to average drawdown

5.46

-1.10

+6.56

ITA vs. SOL-USD - Sharpe Ratio Comparison

The current ITA Sharpe Ratio is 1.50, which is higher than the SOL-USD Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of ITA and SOL-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

ITA vs. SOL-USD - Drawdown Comparison

The maximum ITA drawdown since its inception was -59.72%, smaller than the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for ITA and SOL-USD.


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Drawdown Indicators


ITASOL-USDDifference

Max Drawdown

Largest peak-to-trough decline

-59.72%

-96.27%

+36.55%

Max Drawdown (1Y)

Largest decline over 1 year

-15.82%

-74.89%

+59.07%

Max Drawdown (3Y)

Largest decline over 3 years

-15.82%

-76.28%

+60.46%

Max Drawdown (5Y)

Largest decline over 5 years

-18.72%

-96.27%

+77.55%

Max Drawdown (10Y)

Largest decline over 10 years

-51.00%

Current Drawdown

Current decline from peak

-5.13%

-71.76%

+66.63%

Average Drawdown

Average peak-to-trough decline

-9.45%

-51.44%

+41.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.98%

52.81%

-46.83%

Volatility

ITA vs. SOL-USD - Volatility Comparison

The current volatility for iShares U.S. Aerospace & Defense ETF (ITA) is 9.14%, while Solana (SOL-USD) has a volatility of 18.52%. This indicates that ITA experiences smaller price fluctuations and is considered to be less risky than SOL-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ITASOL-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.14%

18.52%

-9.38%

Volatility (6M)

Calculated over the trailing 6-month period

18.45%

47.20%

-28.75%

Volatility (1Y)

Calculated over the trailing 1-year period

21.82%

60.21%

-38.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.23%

82.34%

-62.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.24%

99.79%

-76.55%

Frequently Asked Questions


ITA and SOL-USD have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SOL-USD has higher volatility (18.52%) compared to ITA (9.14%). In terms of maximum drawdown, ITA dropped -59.72% vs SOL-USD's -96.27%.

ITA currently has the higher Sharpe Ratio (1.50 vs -0.72), 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.

Portfolio Optimizer

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