ITA vs. WDGF
ITA (iShares U.S. Aerospace & Defense ETF) and WDGF (WisdomTree Global Defense Fund) are both Aerospace & Defense funds - ITA tracks the Dow Jones U.S. Select Aerospace & Defense Index while WDGF tracks the WisdomTree Global Defense Index. Both are passively managed. Their correlation of 0.83 suggests significant overlap in exposure. ITA charges 0.38%/yr vs 0.45%/yr for WDGF.
Performance
ITA vs. WDGF - Performance Comparison
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Returns By Period
In the year-to-date period, ITA achieves a 4.82% return, which is significantly higher than WDGF's 3.03% return.
ITA
- 1D
- -1.51%
- 1M
- 4.93%
- YTD
- 4.82%
- 6M
- 11.61%
- 1Y
- 26.06%
- 3Y*
- 26.89%
- 5Y*
- 15.93%
- 10Y*
- 14.82%
WDGF
- 1D
- -1.45%
- 1M
- -3.36%
- YTD
- 3.03%
- 6M
- 8.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ITA vs. WDGF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ITA iShares U.S. Aerospace & Defense ETF | 4.82% | 8.06% |
WDGF WisdomTree Global Defense Fund | 3.03% | -0.25% |
Correlation
The correlation between ITA and WDGF is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025 | 0.83 |
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Return for Risk
ITA vs. WDGF — Risk / Return Rank
ITA
WDGF
ITA vs. WDGF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aerospace & Defense ETF (ITA) and WisdomTree Global Defense Fund (WDGF). 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 | WDGF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.22 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | — | — |
| Martin ratioReturn relative to average drawdown | 4.49 | — | — |
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 | WDGF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.17 | +0.33 |
Drawdowns
ITA vs. WDGF - Drawdown Comparison
The maximum ITA drawdown since its inception was -59.72%, which is greater than WDGF's maximum drawdown of -14.36%. Use the drawdown chart below to compare losses from any high point for ITA and WDGF.
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Drawdown Indicators
| ITA | WDGF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.72% | -14.36% | -45.36% |
Max Drawdown (1Y)Largest decline over 1 year | -15.82% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -15.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.72% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.00% | — | — |
Current DrawdownCurrent decline from peak | -10.19% | -12.77% | +2.58% |
Average DrawdownAverage peak-to-trough decline | -9.46% | -5.46% | -4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.82% | — | — |
Volatility
ITA vs. WDGF - Volatility Comparison
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Volatility by Period
| ITA | WDGF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 17.47% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.86% | 22.41% | -1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.02% | 22.41% | -2.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.14% | 22.41% | +0.73% |
ITA vs. WDGF - Expense Ratio Comparison
ITA has a 0.38% expense ratio, which is lower than WDGF's 0.45% expense ratio.
Dividends
ITA vs. WDGF - Dividend Comparison
ITA's dividend yield for the trailing twelve months is around 0.48%, more than WDGF's 0.05% yield.
| Position | 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% |
WDGF WisdomTree Global Defense Fund | 0.05% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ITA and WDGF have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ITA is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ITA is cheaper with a 0.38% expense ratio, compared with 0.45% for WDGF.
ITA has the higher dividend yield at 0.48%, compared with 0.05% for WDGF.
ITA tracks Dow Jones U.S. Select Aerospace & Defense Index, while WDGF tracks WisdomTree Global Defense Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.38% for ITA and 0.45% for WDGF.
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