ITA vs. VOO
Compare and contrast key facts about iShares U.S. Aerospace & Defense ETF (ITA) and Vanguard S&P 500 ETF (VOO).
ITA and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both ITA and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ITA or VOO.
Performance
ITA vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, ITA achieves a 20.49% return, which is significantly lower than VOO's 25.52% return. Over the past 10 years, ITA has underperformed VOO with an annualized return of 11.59%, while VOO has yielded a comparatively higher 13.15% annualized return.
ITA
20.49%
-2.54%
11.40%
30.64%
6.76%
11.59%
VOO
25.52%
1.19%
12.21%
32.23%
15.58%
13.15%
Key characteristics
| ITA | VOO | |
|---|---|---|
| Sharpe Ratio | 2.05 | 2.62 |
| Sortino Ratio | 2.74 | 3.50 |
| Omega Ratio | 1.39 | 1.49 |
| Calmar Ratio | 4.29 | 3.78 |
| Martin Ratio | 13.25 | 17.12 |
| Ulcer Index | 2.32% | 1.86% |
| Daily Std Dev | 15.06% | 12.19% |
| Max Drawdown | -59.72% | -33.99% |
| Current Drawdown | -3.59% | -1.36% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ITA vs. VOO - Expense Ratio Comparison
ITA has a 0.42% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between ITA and VOO is 0.73, 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.
Risk-Adjusted Performance
ITA vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aerospace & Defense ETF (ITA) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
ITA vs. VOO - Dividend Comparison
ITA's dividend yield for the trailing twelve months is around 0.81%, less than VOO's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITA iShares U.S. Aerospace & Defense ETF | 0.81% | 0.93% | 0.95% | 0.82% | 1.07% | 1.54% | 1.13% | 0.91% | 1.07% | 1.04% | 1.21% | 1.13% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
ITA vs. VOO - Drawdown Comparison
The maximum ITA drawdown since its inception was -59.72%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ITA and VOO. For additional features, visit the drawdowns tool.
Volatility
ITA vs. VOO - Volatility Comparison
iShares U.S. Aerospace & Defense ETF (ITA) has a higher volatility of 6.84% compared to Vanguard S&P 500 ETF (VOO) at 4.10%. This indicates that ITA's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.