ITA

iShares U.S. Aerospace & Defense ETF

$205.94
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The iShares U.S. Aerospace & Defense ETF (ITA) seeks to track the investment results of an index composed of U.S. companies in the aerospace and defense sectors.

Overview

ETF tracking iShares U.S. Aerospace & Defense ETF

Category Industrials
Issuer BlackRock
Inception Date 2017-08-02
Market Cap $11.3B
Average Volume N/A
Dividend Yield 0.78%
52-Week Range $135.31 - $218.90
VWAP $205.58

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares U.S. Aerospace & Defense ETF (ITA) seeks to track the investment results of an index composed of U.S. companies in the aerospace and defense sectors.

🎯 Investment Strategy

The ETF employs a passively managed, index-based approach, investing in the stocks that make up the Dow Jones U.S. Select Aerospace & Defense Index in roughly the same proportion as the index.

✨ Key Features

  • Provides exposure to the U.S. aerospace and defense industry
  • Diversified portfolio of large, mid and small-cap companies
  • Low expense ratio of 0.00%
  • Tracks the Dow Jones U.S. Select Aerospace & Defense Index

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a single industry sector
  • Potential volatility due to the cyclical nature of the aerospace and defense sectors
  • Risks associated with investing in equities, including market, economic and political risks
  • Tracking error risk as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. aerospace and defense industry as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon who are comfortable with the risks associated with investing in a sector-focused fund.

Top Holdings

Rank Ticker Name Weight Sector
1 GE GE AEROSPACE 22.15% Industrials
2 RTX RTX CORP 15.99% Industrials
3 BA BOEING 7.37% Industrials
4 HWM HOWMET AEROSPACE INC 4.76% Industrials
5 GD GENERAL DYNAMICS CORP 4.63% Industrials
6 LHX L3HARRIS TECHNOLOGIES INC 4.55% Industrials
7 TDG TRANSDIGM GROUP INC 4.48% Industrials
8 LMT LOCKHEED MARTIN CORP 4.27% Industrials
9 NOC NORTHROP GRUMMAN CORP 4.19% Industrials
10 AXON AXON ENTERPRISE INC 3.24% Industrials
11 CW CURTISS WRIGHT CORP 2.17% Industrials
12 RKLB ROCKET LAB CORP 2.02% Industrials
13 HEIA HEICO CORP CLASS A 2.02% Industrials
14 BWXT BWX TECHNOLOGIES INC 1.71% Industrials
15 CRS CARPENTER TECHNOLOGY CORP 1.70% Industrials