iShares U.S. Aerospace & Defense ETF (ITA)

Market Price (7/20/2026): $229.95

iShares U.S. Aerospace & Defense ETF (ITA)

Market Price (7/20/2026): $229.95

Key Takeaways

ITA has returned +7.5% YTD vs +9.3% for SPY; +18.2% over the past 12 months (SPY +19.4%). details →
Priced in gold, ITA has returned -1.1% over the past 3 years, vs +101.4% in dollars — its dollar gains have lagged gold. details →
Over the past month, ITA has seen net outflows of −$127M (−0.9% of assets). details →
ITA's top 10 holdings represent 77% of the fund vs 37% for SPY — a more concentrated portfolio. details →
ITA's portfolio trades at 31.4x forward earnings — a 61% premium to SPY (19.5x). details →

Last updated: 7/19/2026.

Price Chart

ETF Price
Price/Gold

Asset Allocation with ITA

Risk Tolerance:

ConservativeModerateAggressive

Moderate — 55% equity / 25% bonds / 20% alternatives

10Y Return (ann.)

+12.2%

Volatility

13.8%

Sharpe

0.71

YTD

+5.1%

Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

	ETF	%	1D	1W	1M	YTD
Equity	ITA	25.0%	-0.1%	-3.5%	-3.7%	7.5%
Bond	BND	50.0%	0.1%	0.1%	-0.4%	0.3%
Gold	GLD	10.0%	0.9%	-2.3%	-7.3%	-7.0%
Commodity	DBC	2.5%	1.8%	5.3%	3.9%	29.6%
Real Estate	VNQ	5.0%	-0.0%	2.8%	2.9%	15.2%
Bitcoin	BTCUSD	0.0%	0.2%	-0.4%	-2.6%	-27.0%
Cash	GOVT	7.5%	0.1%	0.2%	-0.6%	-0.2%
Conservative Portfolio		100.0%	0.2%	-0.8%	-1.7%	2.8%

	ETF	%	1D	1W	1M	YTD
Equity	ITA	55.0%	-0.1%	-3.5%	-3.7%	7.5%
Bond	BND	25.0%	0.1%	0.1%	-0.4%	0.3%
Gold	GLD	7.0%	0.9%	-2.3%	-7.3%	-7.0%
Commodity	DBC	4.0%	1.8%	5.3%	3.9%	29.6%
Real Estate	VNQ	5.0%	-0.0%	2.8%	2.9%	15.2%
Bitcoin	BTCUSD	2.0%	0.2%	-0.4%	-2.6%	-27.0%
Cash	GOVT	2.0%	0.1%	0.2%	-0.6%	-0.2%
Moderate Portfolio		100.0%	0.1%	-1.7%	-2.4%	5.1%

	ETF	%	1D	1W	1M	YTD
Equity	ITA	80.0%	-0.1%	-3.5%	-3.7%	7.5%
Bond	BND	5.0%	0.1%	0.1%	-0.4%	0.3%
Gold	GLD	3.0%	0.9%	-2.3%	-7.3%	-7.0%
Commodity	DBC	2.2%	1.8%	5.3%	3.9%	29.6%
Real Estate	VNQ	4.5%	-0.0%	2.8%	2.9%	15.2%
Bitcoin	BTCUSD	5.2%	0.2%	-0.4%	-2.6%	-27.0%
Cash	GOVT	0.0%	0.1%	0.2%	-0.6%	-0.2%
Aggressive Portfolio		100.0%	0.0%	-2.6%	-3.1%	5.8%

	ETF	%	Return	Volatility	Sharpe
Equity	ITA	25.0%	15.0%	21.5%	0.65
Bond	BND	50.0%	1.4%	5.1%	-0.24
Gold	GLD	10.0%	11.0%	15.1%	0.58
Commodity	DBC	2.5%	7.0%	17.2%	0.30
Real Estate	VNQ	5.0%	5.3%	17.8%	0.25
Bitcoin	BTCUSD	0.0%	58.5%	76.3%	0.92
Cash	GOVT	7.5%	0.3%	4.9%	-0.47
Conservative Portfolio		100.0%	6.5%	8.0%	0.49

	ETF	%	Return	Volatility	Sharpe
Equity	ITA	55.0%	15.0%	21.5%	0.65
Bond	BND	25.0%	1.4%	5.1%	-0.24
Gold	GLD	7.0%	11.0%	15.1%	0.58
Commodity	DBC	4.0%	7.0%	17.2%	0.30
Real Estate	VNQ	5.0%	5.3%	17.8%	0.25
Bitcoin	BTCUSD	2.0%	58.5%	76.3%	0.92
Cash	GOVT	2.0%	0.3%	4.9%	-0.47
Moderate Portfolio		100.0%	12.2%	13.8%	0.71

	ETF	%	Return	Volatility	Sharpe
Equity	ITA	80.0%	15.0%	21.5%	0.65
Bond	BND	5.0%	1.4%	5.1%	-0.24
Gold	GLD	3.0%	11.0%	15.1%	0.58
Commodity	DBC	2.2%	7.0%	17.2%	0.30
Real Estate	VNQ	4.5%	5.3%	17.8%	0.25
Bitcoin	BTCUSD	5.2%	58.5%	76.3%	0.92
Cash	GOVT	0.0%	0.3%	4.9%	-0.47
Aggressive Portfolio		100.0%	17.5%	19.4%	0.79

Figures are on an annualized basis, based on monthly return data for the last 10 years

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	ITA	25.0%	-10.0%	-48.2%	-24.3%
Bond	BND	50.0%	-14.2%	-2.2%	1.3%
Gold	GLD	10.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	2.5%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	0.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	7.5%	-12.4%	4.4%	1.6%
Conservative Portfolio		100.0%	-12.3%	-16.1%	-5.8%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	ITA	55.0%	-10.0%	-48.2%	-24.3%
Bond	BND	25.0%	-14.2%	-2.2%	1.3%
Gold	GLD	7.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	4.0%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	2.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	2.0%	-12.4%	4.4%	1.6%
Moderate Portfolio		100.0%	-11.7%	-31.1%	-14.7%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	ITA	80.0%	-10.0%	-48.2%	-24.3%
Bond	BND	5.0%	-14.2%	-2.2%	1.3%
Gold	GLD	3.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	2.2%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	4.5%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	5.2%	-56.0%	-33.5%	-37.4%
Cash	GOVT	0.0%	-12.4%	4.4%	1.6%
Aggressive Portfolio		100.0%	-12.8%	-43.0%	-22.1%

The table shows the return of different asset classes during market crises - specifically during the period where the S&P fell and bottomed

Learn More →

Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance

Learn More →

Protect Wealth
[1] Defensive Portfolios
[2] Tax-Efficient Strategies

Valuation & Yield

	Forward [4,5]	Now	Historical (CYE & TTM)
	7/31/27	7//26	2025	2024	2023	2022	2021
Share Price CYE		$230.73	$214.55	$144.34	$124.63	$109.01	$99.13
Dividend/Share TTM		$0.90	$1.18	$1.23	$1.17	$1.06	$0.84
Valuation [1]
P/S	2.99	3.32	3.22	2.50	2.11	2.05	1.95
P/E		39.25	38.94	34.09	29.54	34.13	32.45
P/E (Non-GAAP) [2]	31.36	37.88	39.50	31.17	37.11	34.07	32.54
P/FCF		45.44	48.48	147.63	34.18	37.52	53.98
Yields TTM
Earnings Yield	3.19%	2.55%	2.57%	2.93%	3.39%	2.93%	3.08%
Dividend Yield	0.39%	0.39%	0.55%	0.85%	0.94%	0.97%	0.85%
Total Yield (TY)	3.58%	2.94%	3.12%	3.79%	4.33%	3.90%	3.93%
Risk Premium [3]
Risk Free Rate (Rf)	4.57%	4.57%	4.18%	4.58%	3.88%	3.88%	1.52%
Risk Prem. (TY - Rf)	-0.99%	-1.63%	-1.06%	-0.79%	0.45%	0.02%	2.41%
Growth Rates [6]
Sales Growth	9.4%	3.3%	13.1%	4.1%	12.2%	-3.3%
Earnings Growth [7]	20.2%	5.2%	98.4%	-27.9%	55.2%	35.9%

[1] P/E uses the aggregate method over profitable constituents; P/FCF aggregates net free cash flow across all constituents (negative-FCF names reduce it); P/S uses all constituents. Ratios reflect current ETF holdings at current weights. P/FCF has no Forward column (no analyst FCF estimate).
[2] P/E (Non-GAAP) uses analyst consensus net income (adjusted basis) for all periods. The standard P/E row above uses GAAP net income.
[3] The premium above the risk free rate (US 10Y) offered by the investment. Negative premiums can indicate stretched valuations.
Show more

Highlights

YIELD

ITA's earnings yield is 2.55%, based on its 39.3x trailing P/E. With a 0.39% dividend yield, ITA is yielding 2.94% in total.

RISK

Compared to US Treasuries at 4.57%, ITA's total yield implies a -1.63% risk premium. A negative risk premium means investors earn less than risk-free Treasuries — valuations are historically stretched, though expectations of falling interest rates or fast earnings growth can justify such levels.

FORWARD EXPECTATIONS

Based on analyst estimates, ITA's forward total yield is 3.58%, implying a -0.99% risk premium assuming stable Treasury rates.

Top 20 Holdings for ITA

Total Weights
Top 5: 56.7% | Top 10: 76.7% | Top 20: 93.1%

Ticker	Holding	ETF Weight	Sales Weight	Earnings Weight	Fwd P/S	Fwd P/E	Fwd Sales Growth	Fwd Earnings Growth
Total		99.82%	100.00%	100.00%	3.0	31.4	+9.4%	+20.2%
Top 20		93.13%	90.58%	95.14%	3.1	31.4	+9.3%	+20.3%
GE	GE Aerospace	21.97%	10.21%	21.37%	6.9	40.1	+10.0%	+14.0%
RTX	RTX	15.94%	18.39%	17.44%	2.7	26.5	+7.1%	+8.1%
BA	Boeing	9.25%	16.83%	4.89%	1.6	65.6	+14.5%	+698.2%
HWM	Howmet Aerospace	4.76%	1.25%	2.99%	10.4	47.8	+13.2%	+14.7%
GD	General Dynamics	4.74%	8.53%	8.13%	1.8	20.7	+4.6%	+8.7%
TDG	TransDigm	4.45%	1.99%	5.16%	6.3	26.0	+9.4%	+20.3%
LMT	Lockheed Martin	4.29%	9.16%	6.91%	1.4	16.3	+5.5%	+6.9%
NOC	Northrop Grumman	4.19%	7.98%	10.18%	1.6	17.9	+6.8%	+6.4%
LHX	L3Harris Technologies	3.90%	5.54%	5.05%	2.1	22.3	+8.0%	+16.9%
AXON	Axon Enterprise	3.22%	0.78%	0.64%	9.5	43.2	+29.3%	+33.9%
RKLB	Rocket Lab	2.53%	0.14%	—	36.3	—	+39.4%	—
CRS	Carpenter Technology	2.03%	0.73%	1.37%	8.0	44.0	+8.9%	+19.5%
CW	Curtiss-Wright	1.95%	0.90%	1.50%	6.6	43.0	+8.1%	+10.3%
ATI	ATI	1.86%	1.12%	1.23%	4.8	36.7	+9.3%	+15.7%
WWD	Woodward	1.73%	0.98%	1.49%	5.0	36.6	+8.9%	+13.9%
FTAI	FTAI Aviation	1.54%	0.68%	1.53%	4.4	21.3	+54.1%	+72.3%
HEI-A	Heico	1.43%	0.49%	0.93%	8.4	51.7	+10.2%	+12.4%
BWXT	BWX Technologies	1.17%	0.84%	1.01%	3.9	35.3	+9.5%	+14.7%
TXT	Textron	1.16%	3.68%	2.67%	1.0	12.8	+3.5%	+14.1%
HEI	Heico	1.02%	0.35%	0.66%	8.4	51.7	+10.2%	+12.4%

[1] Total and Top 20 rows are weighted aggregates across constituents.
[2] Forward P/S and P/E ratios use consensus sales and earnings for the 12 months ending 7/31/27. Individual constituent FY1 and FY2 consensus figures adjusted to align with 7/31/27.
[3] Forward Sales and Non-GAAP Earnings Growth are calculated as next fiscal year (FY2) consensus growth over current fiscal year (FY1) consensus. They are not derived from the forward P/S and P/E multiples shown.

Performance for ITA Top Holdings

Ticker	Holding	Weight	Mkt Price 7/19	1D Rtn	1M Rtn	YTD Rtn	1Y Rtn	3Y Rtn	5Y Rtn	10Y Rtn
ITA	iShares U.S. Aerospace & Defense ETF	100.00%	230.73	0.0%	-3.5%	7.5%	18.2%	101.4%	126.8%	290.9%
GE	GE Aerospace	21.97%	348.83	0.0%	-2.3%	13.6%	33.2%	299.4%	459.4%	147.2%
RTX	RTX	15.94%	193.51	0.0%	4.3%	6.3%	29.8%	112.2%	154.7%	293.0%
BA	Boeing	9.25%	214.03	0.0%	-3.9%	-1.4%	-6.7%	0.2%	-1.4%	75.7%
HWM	Howmet Aerospace	4.76%	272.43	0.0%	-1.9%	33.0%	43.3%	445.3%	766.8%	1,074.9%
GD	General Dynamics	4.74%	368.58	0.0%	5.8%	10.9%	25.5%	81.0%	115.4%	220.4%
TDG	TransDigm	4.45%	1,214.43	0.0%	-8.6%	-8.7%	-18.7%	59.6%	129.5%	617.3%
LMT	Lockheed Martin	4.29%	508.77	0.0%	-0.4%	6.4%	12.6%	20.9%	53.2%	160.8%
NOC	Northrop Grumman	4.19%	521.57	0.0%	0.0%	-7.8%	2.1%	20.7%	57.1%	180.6%
LHX	L3Harris Technologies	3.90%	282.01	0.0%	-4.3%	-3.2%	8.2%	49.7%	38.1%	296.0%
AXON	Axon Enterprise	3.22%	510.28	0.0%	20.5%	-10.2%	-32.5%	177.3%	182.6%	1,709.5%
RKLB	Rocket Lab	2.53%	67.62	0.0%	-36.9%	-3.1%	31.6%	765.8%	537.9%
CRS	Carpenter Technology	2.03%	557.77	0.0%	-4.9%	77.3%	94.6%	891.2%	1,493.5%	1,615.6%
CW	Curtiss-Wright	1.95%	707.84	0.0%	-8.3%	28.5%	45.3%	272.5%	519.8%	764.2%
ATI	ATI	1.86%	186.17	0.0%	-7.5%	62.2%	99.3%	306.7%	840.7%	1,148.3%
WWD	Woodward	1.73%	392.88	0.0%	-8.6%	30.2%	52.6%	229.8%	242.5%	627.3%
FTAI	FTAI Aviation	1.54%	207.46	0.0%	-24.9%	5.7%	84.0%	550.8%	870.7%	4,026.1%
HEI-A	Heico	1.43%	250.07	0.0%	1.1%	-0.8%	-1.1%	78.2%	103.9%	649.9%
BWXT	BWX Technologies	1.17%	171.18	0.0%	-16.7%	-0.7%	20.4%	149.7%	212.1%	437.0%
TXT	Textron	1.16%	91.48	0.0%	2.2%	5.0%	7.7%	34.7%	37.1%	136.5%
HEI	Heico	1.02%	342.66	0.0%	1.7%	6.0%	6.3%	94.0%	152.1%	921.7%

Guidance Updates for ITA Top Holdings

	Ticker	Company	Earnings Date	Guidance Metric	Midpoint Value	% Change	Guidance Change
HWM_5072026	HWM	Howmet Aerospace	5/7/2026	2026 Revenue	9.65 Bil	6.0%	RaisedRaised Prior Guidance of 9.10 Bil for 2026
RKLB_5072026	RKLB	Rocket Lab	5/7/2026	Q2 2026 Revenue	232.50 Mil	20.8%	Higher NewNew Guidance Higher than Prior Actual of 192.50 Mil for Q1 2026

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
ITA Return	9%	10%	14%	16%	49%	8%	155%
Peers Return	27%	-13%	31%	10%	30%	41%	193%
S&P 500 Return	27%	-19%	24%	23%	16%	10%	101%
Monthly Win Rates [3]
ITA Win Rate	50%	42%	67%	58%	75%	57%
Peers Win Rate	60%	50%	55%	55%	65%	69%
S&P 500 Win Rate	75%	42%	67%	75%	67%	57%
Max Drawdowns [4]
ITA Max Drawdown	-15%	-19%	-13%	-9%	-15%	-16%
Peers Max Drawdown	-22%	-40%	-20%	-21%	-29%	-14%
S&P 500 Max Drawdown	-5%	-25%	-10%	-8%	-19%	-9%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: SMH, SOXX, IBB, XBI, XOP.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/17/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker	1Y	3Y	5Y
ITA	1.11	1.17	0.75
Equity Top Results (3Y)
NUSC	2.47	2.47	2.47
IALT	2.09	2.09	2.09
SPMO	1.67	1.65	0.98
VLUE	2.90	1.45	0.74
SMH	2.40	1.41	0.98

Results as of 6302026.

Event	ITA	S&P 500
2025 US Tariff Shock
% Loss	-12.2%	-18.8%
% Gain to Breakeven	13.9%	23.1%
Time to Breakeven	21 days	79 days
2022 Inflation Shock & Fed Tightening
% Loss	-11.4%	-24.5%
% Gain to Breakeven	12.9%	32.4%
Time to Breakeven	24 days	427 days
2020 COVID-19 Crash
% Loss	-50.2%	-33.7%
% Gain to Breakeven	100.8%	50.9%
Time to Breakeven	1044 days	140 days
Q4 2018 Fed Policy Error / Growth Scare
% Loss	-25.5%	-19.2%
% Gain to Breakeven	34.3%	23.8%
Time to Breakeven	200 days	105 days
2015-2016 China Devaluation / Global Growth Scare
% Loss	-14.6%	-12.2%
% Gain to Breakeven	17.1%	13.9%
Time to Breakeven	71 days	62 days
2011 US Debt Ceiling Crisis & European Contagion
% Loss	-21.0%	-17.9%
% Gain to Breakeven	26.5%	21.8%
Time to Breakeven	162 days	123 days

Compare to SMH, SOXX, IBB, XBI, XOP

In The Past

iShares U.S. Aerospace & Defense ETF's stock fell -12.2% during the 2025 US Tariff Shock. Such a loss loss requires a 13.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Event	ITA	S&P 500
2020 COVID-19 Crash
% Loss	-50.2%	-33.7%
% Gain to Breakeven	100.8%	50.9%
Time to Breakeven	1044 days	140 days
Q4 2018 Fed Policy Error / Growth Scare
% Loss	-25.5%	-19.2%
% Gain to Breakeven	34.3%	23.8%
Time to Breakeven	200 days	105 days
2011 US Debt Ceiling Crisis & European Contagion
% Loss	-21.0%	-17.9%
% Gain to Breakeven	26.5%	21.8%
Time to Breakeven	162 days	123 days
2008-2009 Global Financial Crisis
% Loss	-58.6%	-53.4%
% Gain to Breakeven	141.7%	114.4%
Time to Breakeven	1066 days	1085 days

Compare to SMH, SOXX, IBB, XBI, XOP

In The Past

iShares U.S. Aerospace & Defense ETF's stock fell -12.2% during the 2025 US Tariff Shock. Such a loss loss requires a 13.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

ITA Dip Buy History

ITA had 24 events since 6/4/2007 where the dip threshold of -5.0% within 60 days was triggered

20% median peak return within 1 year of dip event
304 days is the median time to peak return after a dip event
-6.9% median max drawdown within 1 year of dip event

60 Day Dip			ITA Subsequent Performance
Date	ITA	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			16%	20%	-7%	304
4212026	-5%	2%			-4%	76
4042025	-6%	-14%	71%	86%	0%	332
1102025	-5%	-0%	69%	69%	-7%	371
9122023	-5%	1%	32%	36%	-6%	353
5122023	-5%	-0%	23%	23%	-7%	363
9012022	-6%	-4%	15%	19%	-9%	313
5092022	-6%	-11%	14%	20%	-7%	298
1272022	-6%	-6%	16%	16%	-7%	309
11262021	-5%	2%	11%	14%	-8%	349
8262021	-5%	7%	0%	8%	-10%	211
10282020	-6%	-1%	41%	52%	0%	223
8312020	-10%	10%	28%	36%	-10%	281
2252020	-7%	0%	-5%	0%	-45%	0
10242018	-6%	-5%	13%	20%	-16%	329
4302018	-6%	-6%	9%	13%	-16%	156
1202016	-7%	-9%	34%	37%	-4%	322
8212015	-7%	-7%	17%	17%	-9%	360
10132014	-6%	-5%	14%	25%	0%	179
7312014	-5%	4%	16%	23%	-1%	253
5152012	-5%	-2%	31%	31%	-5%	367
8022011	-8%	-6%	6%	15%	-14%	237
6012010	-6%	-5%	25%	27%	-6%	345
6252008	-7%	-3%	-27%	6%	-49%	51
1022008	-6%	-7%	-37%	1%	-50%	1

[1] Dip event defined as first instance dip threshold is triggered within a 60-day time period.
[2] Analysis for period from 1/1/2005 to 7/19/2026

ITA had 14 events since 6/4/2007 where the dip threshold of -10% within 90 days was triggered

22% median peak return within 1 year of dip event
264 days is the median time to peak return after a dip event
-7.2% median max drawdown within 1 year of dip event

90 Day Dip			ITA Subsequent Performance
Date	ITA	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			19%	22%	-7%	264
4042025	-11%	-14%	71%	86%	0%	332
10142022	-12%	-13%	19%	28%	0%	270
6172022	-10%	-18%	25%	26%	-3%	259
12012021	-11%	2%	18%	19%	-4%	344
10132020	-13%	11%	33%	40%	-8%	238
3062020	-10%	-1%	2%	5%	-40%	355
12072018	-12%	-6%	25%	29%	-11%	343
8242015	-11%	-9%	20%	21%	-6%	357
11232011	-11%	-12%	19%	22%	0%	124
8042011	-11%	-8%	14%	22%	-9%	235
7162010	-11%	-6%	28%	35%	-2%	356
9042008	-11%	-11%	-21%	1%	-50%	4
6262008	-11%	-4%	-25%	9%	-48%	50
2052008	-11%	-11%	-35%	7%	-46%	104

[1] Dip event defined as first instance dip threshold is triggered within a 90-day time period.
[2] Analysis for period from 1/1/2005 to 7/19/2026

ITA had 3 events since 6/4/2007 where the dip threshold of -20% within 180 days was triggered

8.9% median peak return within 1 year of dip event
50 days is the median time to peak return after a dip event
-45% median max drawdown within 1 year of dip event

180 Day Dip			ITA Subsequent Performance
Date	ITA	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			-7%	9%	-45%	50
3112020	-22%	-6%	25%	25%	-29%	365
9172008	-22%	-19%	-7%	5%	-45%	2
6262008	-23%	-17%	-25%	9%	-48%	50

[1] Dip event defined as first instance dip threshold is triggered within a 180-day time period.
[2] Analysis for period from 1/1/2005 to 7/19/2026

Get Notified
Alerts when dip buy opportunities arise.

Notify Me →

Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

Ticker	Name	Dip %	Mkt Price	Price Date	Peak Price	Peak Date	# Days
XLG	Invesco S&P 500 Top 50 ETF	-6.0%	60.71	7192026	64.59	6012026	48
MAGS	Roundhill Magnificent Seven ETF	-5.7%	66.91	7192026	70.94	5142026	66
QQQ	Invesco QQQ Trust, Series 1	-6.8%	695.33	7192026	746.16	6022026	47
QQQM	Invesco NASDAQ 100 ETF	-6.8%	286.31	7192026	307.23	6022026	47
ONEQ	Fidelity Nasdaq Composite Index ETF	-5.9%	100.45	7192026	106.70	6022026	47
QQEW	First Trust Nasdaq-100 Select Equal Weight ETF	-5.1%	153.54	7192026	161.85	6012026	48
SCHM	Schwab U.S. Mid-Cap ETF	-5.1%	34.99	7192026	36.87	6302026	19
SCHA	Schwab U.S. Small-Cap ETF	-5.8%	34.05	7192026	36.13	6302026	19
VUG	Vanguard Growth ETF	-5.5%	85.27	7192026	90.19	6012026	48
IWF	iShares Russell 1000 Growth ETF	-7.3%	119.38	7192026	128.77	6012026	48
IVW	iShares S&P 500 Growth ETF	-5.2%	134.26	7192026	141.59	6012026	48
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	-5.2%	116.25	7192026	122.60	6012026	48
VONG	Vanguard Russell 1000 Growth ETF	-7.1%	122.95	7192026	132.35	6012026	48
MGK	Vanguard Mega Cap Growth ETF	-5.6%	86.83	7192026	91.97	6012026	48
AKRE	Akre Focus ETF	-11.2%	56.18	7192026	63.28	1192026	181
IWP	iShares Russell Mid-Cap Growth ETF	-6.0%	137.59	7192026	146.41	6302026	19
VBK	Vanguard Small-Cap Growth ETF	-5.8%	344.58	7192026	365.70	6302026	19
CORO	iShares International Country Rotation Active ETF	-5.5%	35.28	7192026	37.32	6222026	27
VSS	Vanguard FTSE All-World EX-US Small-Cap Index Fund	-6.8%	150.73	7192026	161.79	5112026	69
SCHC	Schwab International Small-Cap Equity ETF	-7.3%	47.79	7192026	51.54	3012026	140
IEMG	iShares Core MSCI Emerging Markets ETF	-10.5%	76.98	7192026	86.00	6222026	27
VWO	Vanguard FTSE Emerging Markets ETF	-5.6%	57.84	7192026	61.24	6222026	27
EEM	iShares MSCI Emerging Markets ETF	-11.1%	63.29	7192026	71.21	6222026	27
SPEM	State Street SPDR Portfolio Emerging Markets ETF	-6.0%	50.19	7192026	53.39	6022026	47
SCHE	Schwab Emerging Markets Equity ETF	-5.0%	35.36	7192026	37.24	6222026	27
FNDE	Schwab Fundamental Emerging Markets Equity ETF	-5.3%	40.12	7192026	42.35	6022026	47
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	-9.8%	33.63	7192026	37.30	6222026	27
EWY	iShares MSCI South Korea ETF	-25.8%	162.54	7192026	219.20	6212026	28
EWZ	iShares MSCI Brazil ETF	-15.6%	35.23	7192026	41.73	4142026	96
FXI	iShares China Large-Cap ETF	-16.3%	34.13	7192026	40.78	1292026	171
ILF	iShares Latin America 40 ETF	-10.6%	34.07	7192026	38.10	4142026	96
KWEB	KraneShares CSI China Internet ETF	-26.1%	26.81	7192026	36.29	1292026	171
QQQI	NEOS Nasdaq 100 High Income ETF	-6.0%	54.21	7192026	57.69	6022026	47
MTUM	iShares MSCI USA Momentum Factor ETF	-12.5%	302.09	7192026	345.22	6222026	27
SPHQ	Invesco S&P 500 Quality ETF	-5.9%	84.78	7192026	90.10	6302026	19
SPMO	Invesco S&P 500 Momentum ETF	-11.0%	143.89	7192026	161.66	6222026	27
VLUE	iShares MSCI USA Value Factor ETF	-7.4%	189.35	7192026	204.59	6252026	24
ARKK	ARK Innovation ETF	-10.1%	75.20	7192026	83.61	7062026	13
URA	Global X Uranium ETF	-37.3%	38.73	7192026	61.81	1282026	172
BOTZ	Global X Funds Global X Robotics & Artificial Intelligence ETF	-17.4%	34.40	7192026	41.63	5132026	67
ROBO	ROBO Global Robotics & Automation Index ETF	-13.8%	77.89	7192026	90.34	6022026	47
LIT	Global X Lithium & Battery Tech ETF	-25.4%	68.38	7192026	91.62	5112026	69
ICLN	iShares Global Clean Energy ETF	-22.7%	18.37	7192026	23.75	6022026	47
ARKQ	ARK Autonomous Technology & Robotics ETF	-19.2%	116.14	7192026	143.82	5282026	52
ARKW	ARK Next Generation Internet ETF	-8.1%	141.76	7192026	154.18	6012026	48
ARKX	ARK Space & Defense Innovation ETF	-19.7%	30.30	7192026	37.74	5282026	52
NASA	Tema Space Innovators ETF	-45.1%	22.99	7192026	41.89	5272026	53
XOVR	EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF	-9.6%	19.30	7192026	21.34	7062026	13
AGIX	KraneShares Artificial Intelligence ETF	-13.8%	42.56	7192026	49.40	6012026	48
GDE	WisdomTree Efficient Gold Plus Equity Strategy Fund	-13.4%	60.94	7192026	70.39	5112026	69
RAAX	VanEck Real Assets ETF	-7.9%	39.33	7192026	42.70	5112026	69
VGT	Vanguard Information Technology ETF	-10.0%	113.10	7192026	125.62	6022026	47
XLK	State Street Technology Select Sector SPDR ETF	-11.4%	175.59	7192026	198.21	6022026	47
XLE	State Street Energy Select Sector SPDR ETF	-7.8%	57.68	7192026	62.56	3292026	112
XLC	State Street Communication Services Select Sector SPDR ETF	-7.6%	110.65	7192026	119.70	2012026	168
XLY	State Street Consumer Discretionary Select Sector SPDR ETF	-6.1%	115.44	7192026	122.88	1252026	175
XLB	State Street Materials Select Sector SPDR ETF	-5.3%	50.53	7192026	53.38	2112026	158
IYM	iShares U.S. Basic Materials ETF	-8.0%	173.94	7192026	189.08	3022026	139
FXN	First Trust Energy AlphaDEX Fund	-7.9%	21.36	7192026	23.18	3292026	112
SMH	VanEck Semiconductor ETF	-16.8%	556.53	7192026	668.91	6222026	27
SOXX	iShares Semiconductor ETF	-20.3%	521.81	7192026	655.01	6222026	27
XBI	State Street SPDR S&P Biotech ETF	-6.1%	154.26	7192026	164.28	7092026	10
ITA	iShares U.S. Aerospace & Defense ETF	-8.0%	230.73	7192026	250.78	7062026	13
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	-9.6%	170.18	7192026	188.18	3292026	112
IGV	iShares Expanded Tech-Software Sector ETF	-13.8%	92.80	7192026	107.70	6012026	48
MISL	First Trust Indxx Aerospace & Defense ETF	-16.6%	42.53	7192026	50.98	1192026	181
RING	iShares MSCI Global Gold Miners ETF	-38.7%	60.92	7192026	99.42	3012026	140
SOXQ	Invesco PHLX Semiconductor ETF	-20.2%	91.86	7192026	115.11	6222026	27
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	-5.8%	21.56	7192026	22.90	2162026	153
IGOV	iShares International Treasury Bond ETF	-5.2%	40.77	7192026	42.99	3012026	140
TLT	iShares 20+ Year Treasury Bond ETF	-5.5%	84.52	7192026	89.48	3012026	140
SPTL	State Street SPDR Portfolio Long Term Treasury ETF	-5.0%	25.73	7192026	27.09	3012026	140
EDV	Vanguard World Funds Extended Duration ETF	-7.8%	62.18	7192026	67.42	3012026	140
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	-8.8%	17.25	7192026	18.91	5122026	68
DBC	Invesco DB Commodity Index Tracking Fund	-8.6%	28.98	7192026	31.69	5122026	68
COMT	iShares GSCI Commodity Dynamic Roll Strategy ETF	-10.6%	32.66	7192026	36.53	5192026	61
GSG	iShares GSCI Commodity	-5.8%	30.01	7192026	31.85	3182026	123
BCI	abrdn Bloomberg All Commodity Strategy K-1 Free ETF	-8.1%	23.81	7192026	25.91	5122026	68
FTGC	First Trust Global Tactical Commodity Strategy Fund	-5.6%	28.83	7192026	30.53	5122026	68
GLD	SPDR Gold Trust	-25.7%	368.41	7192026	495.90	1292026	171
IAU	iShares Gold Trust	-25.7%	75.50	7192026	101.57	1292026	171
GLDM	SPDR Gold MiniShares Trust	-25.6%	79.45	7192026	106.77	1292026	171
SGOL	ETFS Physical Swiss Gold Shares	-13.1%	44.66	7192026	51.41	1292026	171
BAR	Direxion Daily Gold Bull 3X Shares	-16.6%	44.34	7192026	53.16	1292026	171
SLV	iShares Silver Trust	-51.9%	50.78	7192026	105.60	1282026	172
SIVR	ETFS Physical Silver Shares Trust ETF	-24.8%	83.39	7192026	110.87	1282026	172
PPLT	ETFS Physical Platinum Shares	-42.5%	14.50	7192026	25.23	1252026	175
CPER	United States Copper Index Fund ETV	-13.9%	33.33	7192026	38.71	1292026	171
PALL	ETFS Physical Palladium Shares	-38.9%	22.70	7192026	37.18	1282026	172
USO	United States Oil Fund LP	-19.0%	123.96	7192026	152.96	5192026	61
UNG	United States Natural Gas Fund LP	-37.8%	10.51	7192026	16.90	2012026	168
BNO	United States Brent Oil Fund LP ETV	-7.1%	55.85	7192026	60.13	5042026	76
IBIT	iShares Bitcoin Trust ETF	-33.0%	36.35	7192026	54.24	1192026	181
FBTC	Fidelity Wise Origin Bitcoin Fund	-32.9%	55.82	7192026	83.23	1192026	181
GBTC	Grayscale Bitcoin Trust ETF	-17.1%	61.84	7192026	74.58	1192026	181
ETHA	iShares Ethereum Trust ETF	-44.1%	13.91	7192026	24.88	1192026	181

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-07-17

Asset allocation rotation · Past week

Equity ETFs drew the largest net inflows (+$27.3B), followed by Bond (+$3.6B), while Real Estate (−$170M) and Commodity (−$71M) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$13.7B) and out of Thematic (−$2.8B).
Relative to fund size, EWY drew the largest inflow (+12.7% of AUM) and ARKK the largest outflow (−34.9%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	+$13.32B	+1.7%
2	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$4.45B	+0.9%
3	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$4.38B	+9.5%
4	EWY	iShares MSCI South Korea ETF	Equity Emerging Markets	+$2.85B	+12.7%
5	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$2.28B	+1.4%
6	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$2.17B	+0.2%
7	DRAM	Roundhill Memory ETF	Other	+$1.66B	+7.0%
8	XLF	State Street Financial Select Sector SPDR ETF	Equity Broad Sector	+$1.48B	+2.6%
9	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$969M	+1.0%
10	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$960M	+1.0%

#	Ticker	Name	Type	Net flow	% of AUM
1	EWY	iShares MSCI South Korea ETF	Equity Emerging Markets	+$2.85B	+12.7%
2	IGOV	iShares International Treasury Bond ETF	Bond International	+$161M	+11.8%
3	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$4.38B	+9.5%
4	FLKR	Franklin FTSE South Korea ETF	Other	+$96M	+7.6%
5	DRAM	Roundhill Memory ETF	Other	+$1.66B	+7.0%
6	PJUL	Innovator U.S. Equity Power Buffer ETF	Other	+$66M	+5.8%
7	BUG	Global X - Cybersecurity ETF	Other	+$73M	+5.6%
8	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$61M	+5.3%
9	HELO	JPMorgan Hedged Equity Laddered Overlay ETF	Other	+$207M	+5.2%
10	MAGS	Roundhill Magnificent Seven ETF	Equity US Large Concentrated	+$205M	+5.0%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$3.82B	-0.4%
2	IWM	iShares Russell 2000 ETF	Equity US Small Cap Core	-$2.33B	-2.8%
3	ARKK	ARK Innovation ETF	Equity Thematic	-$2.26B	-34.9%
4	IQMM	ProShares - GENIUS Money Market ETF	Other	-$2.02B	-10.8%
5	IWR	iShares Russell Mid-Cap ETF	Equity US Mid Cap Core	-$814M	-1.4%
6	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$752M	-2.1%
7	DIA	State Street SPDR Dow Jones Industrial Average ETF Trust	Equity US Large Concentrated	-$684M	-1.5%
8	ARKW	ARK Next Generation Internet ETF	Equity Thematic	-$452M	-25.9%
9	GLD	SPDR Gold Shares	Commodity Gold	-$444M	-0.3%
10	SCZ	iShares MSCI EAFE Small-Cap ETF	Equity International Small Cap	-$434M	-3.2%

#	Ticker	Name	Type	Net flow	% of AUM
1	ARKK	ARK Innovation ETF	Equity Thematic	-$2.26B	-34.9%
2	ARKW	ARK Next Generation Internet ETF	Equity Thematic	-$452M	-25.9%
3	LCTU	iShares U.S. Carbon Transition Readiness Aware Active ETF	Other	-$278M	-22.8%
4	KLMN		Other	-$394M	-16.9%
5	XHB	State Street SPDR S&P Homebuilders ETF	Other	-$200M	-11.5%
6	IQMM	ProShares - GENIUS Money Market ETF	Other	-$2.02B	-10.8%
7	EFIV	State Street SPDR S&P 500 ESG ETF	Other	-$91M	-8.4%
8	FXI	iShares China Large-Cap ETF	Equity Emerging Markets	-$302M	-7.1%
9	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	-$53M	-4.6%
10	IYR	iShares U.S. Real Estate ETF	Real Estate	-$202M	-4.5%

Asset allocation rotation · Past month

Equity ETFs drew the largest net inflows (+$59.8B), followed by Bond (+$25.9B), while Commodity (−$4.0B) and Crypto (−$2.5B) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$25.0B) and out of US Mid Cap Core (−$4.6B).
Relative to fund size, DRAM drew the largest inflow (+40.7% of AUM) and VLUE the largest outflow (−51.2%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	+$39.9B	+4.5%
2	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	+$12.69B	+1.6%
3	DRAM	Roundhill Memory ETF	Other	+$9.8B	+40.7%
4	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$9.8B	+21.4%
5	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$9.42B	+6.0%
6	VXUS	Vanguard Total International Stock ETF	Equity International Broad	+$4.44B	+2.9%
7	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$3.92B	+23.4%
8	RSP	Invesco S&P 500 Equal Weight ETF	Equity Factor Smart Beta	+$3.62B	+3.8%
9	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$3.56B	+3.7%
10	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	+$3.51B	+10.1%

#	Ticker	Name	Type	Net flow	% of AUM
1	DRAM	Roundhill Memory ETF	Other	+$9.8B	+40.7%
2	FXL	First Trust Technology AlphaDEX Fund	Other	+$940M	+36.8%
3	FLKR	Franklin FTSE South Korea ETF	Other	+$435M	+33.8%
4	IHE	iShares U.S. Pharmaceuticals ETF	Other	+$383M	+31.4%
5	DFGP	Dimensional - Global Core Plus Fixed Income ETF	Other	+$756M	+28.5%
6	SNXX	Tradr 2X Long SNDK Daily ETF	Other	+$1.02B	+24.8%
7	USO	United States Oil Fund, LP	Commodity Energy	+$497M	+23.9%
8	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$3.92B	+23.4%
9	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$9.8B	+21.4%
10	CGSM	Capital Group Short Duration Municipal Income ETF	Other	+$323M	+21.0%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	-$36.57B	-3.7%
2	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$5.06B	-51.2%
3	VO	Vanguard Mid-Cap ETF	Equity US Mid Cap Core	-$4.24B	-4.0%
4	COWZ	Pacer US Cash Cows 100 ETF	Equity Factor Smart Beta	-$3.08B	-17.2%
5	IQMM	ProShares - GENIUS Money Market ETF	Other	-$2.97B	-14.5%
6	VB	Vanguard Small-Cap ETF	Equity US Small Cap Core	-$2.82B	-3.5%
7	GLD	SPDR Gold Shares	Commodity Gold	-$2.77B	-2.1%
8	VXF	Vanguard Extended Market ETF	Other	-$2.61B	-8.4%
9	VTV	Vanguard Value ETF	Equity US Large Value	-$2.36B	-1.3%
10	FDL	First Trust Morningstar Dividend Leaders Index Fund	Other	-$1.86B	-25.0%

#	Ticker	Name	Type	Net flow	% of AUM
1	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$5.06B	-51.2%
2	NASA	Tema Space Innovators ETF	Equity Thematic	-$707M	-47.9%
3	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	-$379M	-29.1%
4	FDL	First Trust Morningstar Dividend Leaders Index Fund	Other	-$1.86B	-25.0%
5	COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	Other	-$542M	-23.6%
6	QLTA	iShares Aaa - A Rated Corporate Bond ETF	Other	-$303M	-21.3%
7	QQEW	First Trust Nasdaq-100 Select Equal Weight ETF	Equity US Nasdaq Growth	-$361M	-20.3%
8	RPV	Invesco S&P 500 Pure Value ETF	Other	-$305M	-19.2%
9	LCTU	iShares U.S. Carbon Transition Readiness Aware Active ETF	Other	-$278M	-18.9%
10	VFLO	VictoryShares Free Cash Flow ETF	Other	-$1.45B	-18.1%

Asset allocation rotation · Past 3 months

Equity ETFs drew the largest net inflows (+$208.4B), followed by Bond (+$70.6B), while Commodity (−$10.8B) and Crypto (−$7.1B) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$89.8B) and out of Gold (−$10.9B).
Relative to fund size, DRAM drew the largest inflow (+154.2% of AUM) and FXN the largest outflow (−60.2%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	+$57.06B	+6.9%
2	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	+$27.4B	+3.5%
3	DRAM	Roundhill Memory ETF	Other	+$23.62B	+154.2%
4	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$17.94B	+12.4%
5	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$14.77B	+15.9%
6	VTI	Vanguard Total Stock Market ETF	Equity US Total Market	+$12.58B	+1.9%
7	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$12.4B	+13.0%
8	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$12.33B	+31.7%
9	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$10.97B	+2.3%
10	BND	Vanguard Total Bond Market ETF	Bond US Aggregate Core	+$9.53B	+6.1%

#	Ticker	Name	Type	Net flow	% of AUM
1	DRAM	Roundhill Memory ETF	Other	+$23.62B	+154.2%
2	NASA	Tema Space Innovators ETF	Equity Thematic	+$1.9B	+143.0%
3	ARKQ	ARK Autonomous Technology & Robotics ETF	Equity Thematic	+$2.31B	+105.7% ⚠
4	FLKR	Franklin FTSE South Korea ETF	Other	+$633M	+61.8%
5	CORO	iShares International Country Rotation Active ETF	Equity International Broad	+$4.18B	+58.0%
6	XOVR	ERShares Private-Public Crossover ETF	Equity Thematic	+$1.14B	+56.7%
7	IALT	iShares Systematic Alternatives Active ETF	Equity Asset Allocation	+$2.3B	+56.7% ⚠
8	FXL	First Trust Technology AlphaDEX Fund	Other	+$930M	+55.8%
9	SNXX	Tradr 2X Long SNDK Daily ETF	Other	+$1.42B	+54.5% ⚠
10	CHPY	YieldMax Semiconductor Portfolio Option Income ETF	Other	+$516M	+50.2%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	-$13.15B	-1.4%
2	GLD	SPDR Gold Shares	Commodity Gold	-$8.59B	-5.8%
3	QUAL	iShares MSCI USA Quality Factor ETF	Equity Factor Smart Beta	-$6.4B	-13.8%
4	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.8B	-38.2%
5	IQMM	ProShares - GENIUS Money Market ETF	Other	-$4.56B	-20.9%
6	IBIT	iShares Bitcoin Trust ETF	Crypto	-$4.29B	-8.3%
7	DIA	State Street SPDR Dow Jones Industrial Average ETF Trust	Equity US Large Concentrated	-$3.35B	-7.6%
8	IAU	iShares Gold Trust	Commodity Gold	-$2.7B	-4.0%
9	EFV	iShares MSCI EAFE Value ETF	Equity International Developed Broad	-$2.64B	-9.6%
10	IAGG	iShares Core International Aggregate Bond ETF	Bond International	-$2.26B	-20.0%

#	Ticker	Name	Type	Net flow	% of AUM
1	FXN	First Trust Energy AlphaDEX Fund	Equity Broad Sector	-$718M	-60.2%
2	EEMA	iShares MSCI Emerging Markets Asia ETF	Other	-$509M	-39.3%
3	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.8B	-38.2%
4	THRO	iShares U.S. Thematic Rotation Active ETF	Equity Thematic	-$2.14B	-31.7%
5	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	-$447M	-29.8%
6	FXI	iShares China Large-Cap ETF	Equity Emerging Markets	-$1.53B	-27.6%
7	QLTA	iShares Aaa - A Rated Corporate Bond ETF	Other	-$397M	-26.7%
8	AKRE	Akre Focus ETF	Equity US Large Growth	-$1.4B	-23.7%
9	SH	ProShares - Short S&P500	Other	-$222M	-22.0%
10	ILF	iShares Latin America 40 ETF	Equity Emerging Markets	-$918M	-21.3%

Largest ETF fund flows across ~2563 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

Set Alerts and Notifications

Stay Informed

Trade & Investment Ideas

Wealth

Alert Me Periodically

Dip buy opportunities on ITA

Dip buy opportunities across sector ETFs

Quarterly SPY valuation update

Quarterly asset allocation considerations

Inform Me Once

Trefis High Quality Strategy

Asset Allocation Audit

Asset Rotation Strategies

Tax-Efficient Strategies

About ITA

Holdings Count: 49
Expense Ratio: 0.38%
Inception Date: 2006-05-01

iShares U.S. Aerospace & Defense ETF
This Exchange Traded Fund (ETF) aims to replicate the investment performance of a specific market index. This benchmark index is made up solely of shares from U.S.-based companies that operate within the aviation and defense industries.
Asset Class: Equity | ETF Website

Recent Active Movers

Top Gainers

Ticker	Company	Category	1D Rtn	YTD Rtn
USO	United States Oil Fund LP	Commodity	3.9%	79.2%
XOP	State Street SPDR S&P Oil & Gas Explo...	Equity	2.2%	35.3%
DBC	Invesco DB Commodity Index Tracking Fund	Commodity	1.8%	29.6%
PDBC	Invesco Optimum Yield Diversified Com...	Commodity	1.7%	30.2%
XBI	State Street SPDR S&P Biotech ETF	Equity	1.5%	26.5%
HGER	Harbor Commodity All-Weather Strategy...	Commodity	1.4%	28.4%
BCI	abrdn Bloomberg All Commodity Strateg...	Commodity	1.2%	21.9%
FXN	First Trust Energy AlphaDEX Fund	Equity	1.2%	30.2%
XLE	State Street Energy Select Sector SPD...	Equity	1.2%	29.9%
FTGC	First Trust Global Tactical Commodity...	Commodity	1.1%	25.9%

Top Losers

Ticker	Company	Category	1D Rtn	YTD Rtn
BOTZ	Global X Funds Global X Robotics & Ar...	Equity	-3.2%	-5.1%
ASHR	Xtrackers Harvest CSI 300 China A-Sha...	Equity	-2.7%	2.4%
KWEB	KraneShares CSI China Internet ETF	Equity	-2.4%	-21.3%
XOVR	EntrepreneurShares Series Trust ERSha...	Equity	-2.3%	-4.2%
SMH	VanEck Semiconductor ETF	Equity	-2.2%	54.5%
IAI	iShares U.S. Broker-Dealers & Securit...	Equity	-2.0%	5.5%
ARKK	ARK Innovation ETF	Equity	-1.9%	-2.2%
ROBO	ROBO Global Robotics & Automation Ind...	Equity	-1.9%	12.4%
MAGS	Roundhill Magnificent Seven ETF	Equity	-1.8%	1.4%
XLC	State Street Communication Services S...	Equity	-1.8%	-5.7%

Top Gainers

Ticker	Company	Category	1W Rtn	YTD Rtn
USO	United States Oil Fund LP	Commodity	14.0%	79.2%
XOP	State Street SPDR S&P Oil & Gas Explo...	Equity	7.3%	35.3%
DBC	Invesco DB Commodity Index Tracking Fund	Commodity	5.3%	29.6%
PDBC	Invesco Optimum Yield Diversified Com...	Commodity	4.9%	30.2%
XLE	State Street Energy Select Sector SPD...	Equity	4.7%	29.9%
HGER	Harbor Commodity All-Weather Strategy...	Commodity	4.3%	28.4%
COMT	iShares GSCI Commodity Dynamic Roll S...	Commodity	4.1%	31.2%
FXN	First Trust Energy AlphaDEX Fund	Equity	3.6%	30.2%
BCI	abrdn Bloomberg All Commodity Strateg...	Commodity	3.6%	21.9%
USRT	iShares Core U.S. REIT ETF	Real Estate	3.1%	21.3%

Top Losers

Ticker	Company	Category	1W Rtn	YTD Rtn
NASA	Tema Space Innovators ETF	Equity	-12.2%	-8.7%
EWY	iShares MSCI South Korea ETF	Equity	-11.4%	67.2%
SOXX	iShares Semiconductor ETF	Equity	-10.2%	73.4%
SOXQ	Invesco PHLX Semiconductor ETF	Equity	-10.0%	64.9%
URA	Global X Uranium ETF	Equity	-9.9%	-9.4%
SMH	VanEck Semiconductor ETF	Equity	-8.9%	54.5%
XOVR	EntrepreneurShares Series Trust ERSha...	Equity	-7.4%	-4.2%
BOTZ	Global X Funds Global X Robotics & Ar...	Equity	-6.8%	-5.1%
SPMO	Invesco S&P 500 Momentum ETF	Equity	-6.4%	20.9%
AGIX	KraneShares Artificial Intelligence ETF	Equity	-6.3%	17.2%

Top Gainers

Ticker	Company	Category	1M Rtn	YTD Rtn
XBI	State Street SPDR S&P Biotech ETF	Equity	14.0%	26.5%
IBB	iShares Biotechnology ETF	Equity	10.7%	12.5%
XOP	State Street SPDR S&P Oil & Gas Explo...	Equity	8.3%	35.3%
USO	United States Oil Fund LP	Commodity	7.4%	79.2%
VHT	Vanguard Health Care ETF	Equity	6.7%	6.1%
IHF	iShares U.S. Healthcare Providers ETF	Equity	6.2%	18.5%
HGER	Harbor Commodity All-Weather Strategy...	Commodity	5.9%	28.4%
KRE	State Street SPDR S&P Regional Bankin...	Equity	5.8%	19.0%
XLV	State Street Health Care Select Secto...	Equity	5.3%	4.5%
XLE	State Street Energy Select Sector SPD...	Equity	4.2%	29.9%

Top Losers

Ticker	Company	Category	1M Rtn	YTD Rtn
NASA	Tema Space Innovators ETF	Equity	-28.1%	-8.7%
EWY	iShares MSCI South Korea ETF	Equity	-21.1%	67.2%
SLV	iShares Silver Trust	Commodity	-19.9%	-21.2%
URA	Global X Uranium ETF	Equity	-19.1%	-9.4%
RING	iShares MSCI Global Gold Miners ETF	Equity	-19.0%	-17.3%
LIT	Global X Lithium & Battery Tech ETF	Equity	-18.2%	5.4%
ARKX	ARK Space & Defense Innovation ETF	Equity	-12.8%	-13.2%
ARKQ	ARK Autonomous Technology & Robotics ETF	Equity	-12.2%	1.3%
SOXQ	Invesco PHLX Semiconductor ETF	Equity	-12.2%	64.9%
ICLN	iShares Global Clean Energy ETF	Equity	-11.8%	11.8%

Peer Comparisons

Peers to compare with:

Profile

	ITA	SMH	SOXX	IBB	XBI	XOP	Median
Name	iShares U..	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	State Stre.
Asset Class	Equity	Equity	Equity	Equity	Equity	Equity	-
AUM ($ Bil)	13.6	67.4	45.1	9.4	10.2	3.3	11.9
Expense Ratio	0.38%	0.35%	0.34%	0.44%	0.35%	0.35%	0.35%
10-D Avg Volume (Mil)	0.84	10.99	9.69	1.56	8.95	3.65	6.30
Latest Day Volume (Mil)	-	8.55	8.15	1.90	11.19	5.59	8.15
Holdings Count	49	26	30	248	155	51	50
Inception Date	5/1/2006	12/20/2011	7/10/2001	2/5/2001	1/31/2006	6/19/2006	-

Fundamentals

	ITA	SMH	SOXX	IBB	XBI	XOP	Median
Name	iShares U..	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	State Stre.
Net Asset Value	230.67	556.28	521.28	189.74	152.05	166.39	-
Premium/Discount	0.0%	0.0%	0.1%	0.0%	1.5%	2.3%	0.1%
Distribution Yield	0.0%	0.2%	0.3%	0.2%	0.4%	1.9%	0.2%
Sales Yield	30.1%	7.2%	7.2%	12.7%	8.5%	116.4%	10.6%
Earnings Yield	2.5%	2.2%	1.8%	2.4%	1.1%	5.8%	2.3%

Valuation

	ITA	SMH	SOXX	IBB	XBI	XOP	Median
Name	iShares U..	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	State Stre.
P/S (TTM)	3.3x	13.8x	14.0x	7.9x	11.7x	0.9x	9.8x
P/E (TTM)	39.3x	46.1x	56.4x	41.2x	93.0x	17.2x	43.7x
P/FCF (TTM)	45.5x	51.1x	61.3x	289.1x	-	26.0x	51.1x
Forward P/E	31.4x	-	-	-	66.8x	10.0x	31.4x
Forward P/S	3.0x	-	-	-	9.2x	0.8x	3.0x

Risk

	ITA	SMH	SOXX	IBB	XBI	XOP	Median
Name	iShares U..	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	State Stre.
Volatility (1Y)	22.1%	37.0%	42.5%	20.5%	26.6%	28.2%	27.4%
Volatility (3Y)	19.8%	36.3%	38.6%	20.3%	27.5%	27.9%	27.7%
Volatility (5Y)	20.3%	36.2%	37.8%	22.1%	32.3%	33.7%	33.0%
Beta (1Y)	1.03	2.29	2.48	0.79	1.03	-0.20	1.03
Beta (3Y)	0.85	1.96	2.04	0.82	1.03	0.69	0.94
Beta (5Y)	0.82	1.74	1.80	0.86	1.16	0.88	1.02
Sharpe Ratio (1Y)	0.90	1.96	2.00	1.92	2.26	1.25	1.94
Sharpe Ratio (3Y)	1.27	1.37	1.17	0.76	0.87	0.51	1.02
Sharpe Ratio (5Y)	0.87	1.01	0.88	0.26	0.25	0.59	0.73
Max Drawdown (1Y)	-15.8%	-16.8%	-20.3%	-9.6%	-9.7%	-18.7%	-16.3%
Max Drawdown (3Y)	-15.8%	-35.7%	-41.4%	-24.9%	-33.0%	-35.0%	-34.0%
Max Drawdown (5Y)	-18.7%	-45.3%	-45.8%	-39.8%	-54.0%	-35.0%	-42.6%

Returns

	ITA	SMH	SOXX	IBB	XBI	XOP	Median
Name	iShares U..	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	State Stre.
1M Return	-3.7%	-9.7%	-11.7%	10.7%	14.0%	8.3%	2.3%
3M Return	0.7%	22.4%	28.5%	9.0%	13.9%	1.4%	11.4%
6M Return	-3.5%	43.3%	57.3%	9.9%	21.6%	29.5%	25.6%
YTD Return	7.5%	54.5%	73.4%	12.5%	26.5%	35.3%	30.9%
1Y Return	19.2%	93.0%	113.4%	45.0%	76.3%	36.7%	60.6%
2Y Return	75.3%	104.3%	103.1%	31.5%	56.5%	21.6%	65.9%
3Y Return	100.7%	265.1%	210.5%	49.5%	82.9%	36.2%	91.8%

Short Interest

Short Interest: As Of Date	6302026
Short Interest: Shares Quantity	1.1 Mil
Short Interest: % Change Since 6152026	-3.9%
Average Daily Volume	0.7 Mil
Days-to-Cover Short Interest	1.5 days

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

iShares U.S. Aerospace & Defense ETF (ITA)

Market Price (7/20/2026): $229.95

iShares U.S. Aerospace & Defense ETF (ITA)

Market Price (7/20/2026): $229.95

Key Takeaways

Price Chart

Asset Allocation with ITA

Valuation & Yield

Top 20 Holdings for ITA

Performance for ITA Top Holdings

Guidance Updates for ITA Top Holdings

Return vs. Risk

Price Returns Compared

Sharpe Ratios Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

In The Past

Preserve Wealth

Asset Allocation

ITA Dip Buy History

Current Dip Buy Opportunities Across ETFs

ETF Fund Flows

Asset allocation rotation · Past week

Asset allocation rotation · Past month

Asset allocation rotation · Past 3 months

Set Alerts and Notifications

Stay Informed

Trade & Investment Ideas

Wealth

Alert Me Periodically

Inform Me Once

About ITA

Latest Trefis Analyses

Recent Active Movers

Top Gainers

Top Losers

Top Gainers

Top Losers

Top Gainers

Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Profile

Fundamentals

Valuation

Risk

Returns

Short Interest

Returns Analyses

External Quote Links