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ITB vs. AIPO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ITB vs. AIPO

Last updated Jul 17, 2026
Documentation

ITB (iShares U.S. Home Construction ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both Building & Construction funds - ITB tracks the Dow Jones U.S. Select Home Construction Index while AIPO tracks the MarketVector™ US Listed AI and Power Infrastructure Index. Both are passively managed. At a 0.22 correlation, their price movements are largely independent. ITB charges 0.38%/yr vs 0.69%/yr for AIPO.

Performance

ITB vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Home Construction ETF (ITB) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ITB achieves a 4.41% return, which is significantly lower than AIPO's 32.32% return.

ITB

1D
2.30%
1M
1.96%
6M
-8.10%
YTD
4.41%
1Y
6.11%
3Y*
5.14%
5Y*
9.52%
10Y*
13.84%

AIPO

1D
-4.06%
1M
-9.52%
6M
21.25%
YTD
32.32%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITB vs. AIPO - Yearly Performance Comparison

2026 (YTD)2025
ITB
iShares U.S. Home Construction ETF		4.41%-3.19%
AIPO
Defiance AI & Power Infrastructure ETF		32.32%9.46%

Correlation

The correlation between ITB and AIPO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jul 25, 2025

0.22

ITB vs. AIPO - Sectors Allocation Comparison

Sectors
ITB
AIPO

Consumer Cyclical

74.4%

-

Industrials

16.0%
47.5%

Basic Materials

8.9%

-

Real Estate

0.7%
0.9%

Communication Services

-

0.5%

Consumer Defensive

-

-

Energy

-

7.4%

Financial Services

-

2.9%

Healthcare

-

-

Technology

-

15.0%

Utilities

-

25.3%

Consumer Cyclical

ITB
74.4%
AIPO

-

Industrials

ITB
16.0%
AIPO
47.5%

Basic Materials

ITB
8.9%
AIPO

-

Real Estate

ITB
0.7%
AIPO
0.9%

Communication Services

ITB

-

AIPO
0.5%

Consumer Defensive

ITB

-

AIPO

-

Energy

ITB

-

AIPO
7.4%

Financial Services

ITB

-

AIPO
2.9%

Healthcare

ITB

-

AIPO

-

Technology

ITB

-

AIPO
15.0%

Utilities

ITB

-

AIPO
25.3%

Compare stocks, funds, or ETFs

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iShares U.S. Home Construction ETF

Defiance AI & Power Infrastructure ETF

Often compared with ITB:
ITB vs. XHBITB vs. NAILITB vs. PKBITB vs. SPYITB vs. XLREITB vs. FSHOXITB vs. VGT
Often compared with AIPO:
AIPO vs. DTCRAIPO vs. TCAIAIPO vs. VOLTAIPO vs. POWRAIPO vs. AISAIPO vs. IVESAIPO vs. IVEP

Return for Risk

ITB vs. AIPO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ITB
ITB Risk / Return Rank: 1313
Overall Rank
ITB Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
ITB Sortino Ratio Rank: 1414
Sortino Ratio Rank
ITB Omega Ratio Rank: 1313
Omega Ratio Rank
ITB Calmar Ratio Rank: 1212
Calmar Ratio Rank
ITB Martin Ratio Rank: 1212
Martin Ratio Rank
AIPO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

ITB vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Home Construction ETF (ITB) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

ITBAIPODifference
Sharpe ratioReturn per unit of total volatility
0.20

—

—

Sortino ratioReturn per unit of downside risk
0.57

—

—

Omega ratioGain probability vs. loss probability

1.06

—

—

Calmar ratioReturn relative to maximum drawdown

0.24

—

—

Martin ratioReturn relative to average drawdown

0.43

—

—

ITB vs. AIPO - Sharpe Ratio Comparison

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Drawdowns

ITB vs. AIPO - Drawdown Comparison

The maximum ITB drawdown since its inception was -86.53%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for ITB and AIPO.

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Drawdown Indicators

ITBAIPODifference

Max Drawdown

Largest peak-to-trough decline

-86.53%

-17.31%

-69.22%

Max Drawdown (1Y)

Largest decline over 1 year

-26.04%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-33.35%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-40.55%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-52.10%

—

—

Current Drawdown

Current decline from peak

-20.85%

-15.82%

-5.03%

Average Drawdown

Average peak-to-trough decline

-37.01%

-4.77%

-32.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.09%

—

—

Volatility

ITB vs. AIPO - Volatility Comparison

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Volatility by Period

ITBAIPODifference

Volatility (1M)

Calculated over the trailing 1-month period

10.19%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

21.51%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

30.04%

36.08%

-6.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.53%

36.08%

-6.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.14%

36.08%

-5.94%

ITB vs. AIPO - Expense Ratio Comparison

ITB has a 0.38% expense ratio, which is lower than AIPO's 0.69% expense ratio.

Dividends

ITB vs. AIPO - Dividend Comparison

ITB's dividend yield for the trailing twelve months is around 0.64%, more than AIPO's 0.01% yield.

PositionTTM20252024202320222021202020192018201720162015
AIPO
Defiance AI & Power Infrastructure ETF		0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ITB
iShares U.S. Home Construction ETF		0.64%1.67%0.46%0.48%0.86%0.37%0.46%0.50%0.63%0.28%0.43%0.34%

Frequently Asked Questions

ITB and AIPO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ITB is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ITB is cheaper with a 0.38% expense ratio, compared with 0.69% for AIPO.

ITB has the higher dividend yield at 0.64%, compared with 0.01% for AIPO.

ITB tracks Dow Jones U.S. Select Home Construction Index, while AIPO tracks MarketVector™ US Listed AI and Power Infrastructure Index. They also come from different issuers: iShares and Defiance. Their fees differ too: 0.38% for ITB and 0.69% for AIPO.

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