ITA vs. VZ
ITA (iShares U.S. Aerospace & Defense ETF) is Aerospace & Defense fund tracking the Dow Jones U.S. Select Aerospace & Defense Index, while VZ (Verizon Communications Inc.) is a stock. Over the past 10 years, ITA returned 14.86%/yr vs 3.91%/yr for VZ. At a 0.35 correlation, their price movements are largely independent.
Performance
ITA vs. VZ - Performance Comparison
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Returns By Period
In the year-to-date period, ITA achieves a 5.92% return, which is significantly lower than VZ's 15.21% return. Over the past 10 years, ITA has outperformed VZ with an annualized return of 14.86%, while VZ has yielded a comparatively lower 3.91% annualized return.
ITA
- 1D
- -0.95%
- 1M
- 1.69%
- YTD
- 5.92%
- 6M
- 11.28%
- 1Y
- 25.56%
- 3Y*
- 26.35%
- 5Y*
- 16.26%
- 10Y*
- 14.86%
VZ
- 1D
- 0.15%
- 1M
- -3.77%
- YTD
- 15.21%
- 6M
- 13.62%
- 1Y
- 10.73%
- 3Y*
- 16.17%
- 5Y*
- 1.67%
- 10Y*
- 3.91%
ITA vs. VZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ITA iShares U.S. Aerospace & Defense ETF | 5.92% | 48.64% | 15.81% | 14.33% | 9.96% | 9.39% | -13.57% | 30.51% | -7.22% | 35.24% |
VZ Verizon Communications Inc. | 15.21% | 8.86% | 13.14% | 2.71% | -20.02% | -7.55% | -0.13% | 13.83% | 11.26% | 3.97% |
Correlation
The correlation between ITA and VZ is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since May 5, 2006 | 0.35 |
The correlation between ITA and VZ shifts across timeframes, from -0.12 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ITA vs. VZ — Risk / Return Rank
ITA
VZ
ITA vs. VZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aerospace & Defense ETF (ITA) and Verizon Communications Inc. (VZ). 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 | VZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.11 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.62 | 0.81 | +0.81 |
| Martin ratioReturn relative to average drawdown | 4.35 | 1.72 | +2.62 |
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 | VZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 0.48 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.08 | +0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.19 | +0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.20 | +0.31 |
Drawdowns
ITA vs. VZ - Drawdown Comparison
The maximum ITA drawdown since its inception was -59.72%, which is greater than VZ's maximum drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for ITA and VZ.
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Drawdown Indicators
| ITA | VZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.72% | -50.66% | -9.06% |
Max Drawdown (1Y)Largest decline over 1 year | -15.82% | -13.32% | -2.50% |
Max Drawdown (3Y)Largest decline over 3 years | -15.82% | -14.93% | -0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -18.72% | -38.38% | +19.66% |
Max Drawdown (10Y)Largest decline over 10 years | -51.00% | -41.21% | -9.79% |
Current DrawdownCurrent decline from peak | -9.25% | -10.23% | +0.98% |
Average DrawdownAverage peak-to-trough decline | -9.46% | -14.83% | +5.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.89% | 6.24% | -0.35% |
Volatility
ITA vs. VZ - Volatility Comparison
iShares U.S. Aerospace & Defense ETF (ITA) has a higher volatility of 7.09% compared to Verizon Communications Inc. (VZ) at 6.15%. This indicates that ITA's price experiences larger fluctuations and is considered to be riskier than VZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ITA | VZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 6.15% | +0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 17.68% | 17.91% | -0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.12% | 22.59% | -1.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.07% | 21.61% | -1.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.17% | 20.34% | +2.83% |
Dividends
ITA vs. VZ - Dividend Comparison
ITA's dividend yield for the trailing twelve months is around 0.47%, less than VZ's 6.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITA iShares U.S. Aerospace & Defense ETF | 0.47% | 0.55% | 0.85% | 0.93% | 0.95% | 0.82% | 1.07% | 1.54% | 1.13% | 0.91% | 1.07% | 1.04% |
VZ Verizon Communications Inc. | 6.08% | 6.68% | 6.68% | 6.96% | 6.53% | 4.85% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% |
Frequently Asked Questions
ITA and VZ have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ITA has higher volatility (7.09%) compared to VZ (6.15%). In terms of maximum drawdown, ITA dropped -59.72% vs VZ's -50.66%.
ITA currently has the higher Sharpe Ratio (1.22 vs 0.48), 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.
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