Data as of . Every figure is the themes desk's own, on published data.
ITA vs SMH
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ITA and SMH hold 0% of their money in the same securities at the same weight.
| Only in ITA | Only in SMH |
|---|---|
| GENERAL ELECTRIC COMPANY 22.63% | NVIDIA Corp 17.56% |
| RTX CORPORATION 14.83% | Taiwan Semiconductor Manufacturing Co Lt 9.29% |
| THE BOEING COMPANY 8.90% | Applied Materials Inc 5.74% |
| TRANSDIGM GROUP INCORPORATED 4.59% | Micron Technology Inc 5.68% |
| HOWMET AEROSPACE INC. 4.50% | Advanced Micro Devices Inc 5.63% |
| GENERAL DYNAMICS CORPORATION 4.34% | KLA Corp 5.58% |
| LOCKHEED MARTIN CORPORATION 4.05% | Lam Research Corp 5.32% |
| Northrop Grumman Corporation 3.92% | Broadcom Inc 5.28% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Jun 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ITA | SMH | ITA | SMH | ITA | SMH | |
| 3 months | −1.6% | −0.5% | −6.3 pts | −5.2 pts | −3.7 pts | −2.5 pts |
| 6 months | −6.7% | +49.0% | −21.9 pts | +33.8 pts | −26.9 pts | +28.8 pts |
| 1 year | +14.2% | +96.2% | −5.7 pts | +76.3 pts | −11.4 pts | +70.6 pts |
| 3 years | +100.8% | +267.0% | +22.9 pts | +189.0 pts | +7.4 pts | +173.5 pts |
| Since launch | +937.0% | +5013.0% | +125.7 pts | +4201.6 pts | −747.0 pts | +3328.9 pts |
| ITA iShares U.S. Aerospace & Defense ETF | SMH VanEck Semiconductor ETF | |
|---|---|---|
| Issuer | iShares | VanEck |
| Theme | Defense | Semiconductors |
| In the S&P 500 | 76.6% | 82.0% |
| Active share vs the S&P 500 | 97.9% | 80.6% |
| In the Nasdaq-100 | 3.2% | 85.9% |
| Holdings | 49 | 25 |
| Top ten, share of the fund | 75.2% | 70.3% |
| Expense ratio | not published | 0.35% |
| Fee for the differing part | not published | 0.43% |
| Total return, 1 year | +14.2% | +96.2% |
| vs the S&P 500 | −5.7 pts | +76.3 pts |
| vs the Nasdaq-100 | −11.4 pts | +70.6 pts |
| Below its high | −10.9% | −15.2% |
ITA in plain words
By weight, 77% of ITA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 75% of the fund across 49 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +14.2% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 5.7 pts. It sits 10.9% below its all-time high of Aug 14, 2026.
SMH in plain words
By weight, 82% of SMH's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 81%. The top ten holdings are 70% of the fund across 25 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +96.2% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 76.3 pts. It sits 15.2% below its all-time high of Jun 22, 2026.
Questions people ask
- Do ITA and SMH hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, ITA or SMH?
- ITA has 77% of its weight in S&P 500 names and SMH has 82%, so ITA differs more from the index.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ITA against SMH, data as of Sep 4, 2026. https://etfiq.com/compare/themes/ITA-SMH.html Free to use with attribution; the underlying files are at Open data.