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Data as of . Every figure is the themes desk's own, on published data.

ITA vs XAR

iShares U.S. Aerospace & Defense ETF and State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF, side by side on the themes desk.

50% 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 XAR hold 50% of their money in the same securities at the same weight.

Positions ITA and XAR both hold, largest shared weight first
HoldingITAXAR
AXON ENTERPRISE, INC.3.17%3.23%
GENERAL ELECTRIC COMPANY22.63%3.02%
TRANSDIGM GROUP INCORPORATED4.59%2.83%
HOWMET AEROSPACE INC.4.50%2.77%
RTX CORPORATION14.83%2.75%
GENERAL DYNAMICS CORPORATION4.34%2.67%
THE BOEING COMPANY8.90%2.67%
LOCKHEED MARTIN CORPORATION4.05%2.50%
ROCKET LAB CORPORATION3.63%2.49%
L3HARRIS TECHNOLOGIES, INC.3.80%2.47%
Northrop Grumman Corporation3.92%2.42%
CARPENTER TECHNOLOGY CORPORATION2.15%3.04%
Largest positions each one holds and the other does not
Only in ITAOnly in XAR
FTAI Aviation Ltd. 1.95%FTAI Aviation Ltd 3.09%
HEICO CORPORATION 1.41%Satellogic Inc 0.48%
SMITH & WESSON BRANDS, INC. 0.05%Park Aerospace Corp 0.39%
STURM, RUGER & COMPANY, INC. 0.04%

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

ITA and XAR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
ITAXARITAXARITAXAR
3 months−1.6%−7.2%−6.3 pts−11.9 pts−3.7 pts−9.3 pts
6 months−6.7%−9.4%−21.9 pts−24.5 pts−26.9 pts−29.5 pts
1 year+14.2%+17.9%−5.7 pts−2.1 pts−11.4 pts−7.7 pts
3 years+100.8%+113.8%+22.9 pts+35.9 pts+7.4 pts+20.3 pts
Since launch+937.0%+1074.6%+125.7 pts+314.2 pts−747.0 pts−342.9 pts
Open the live comparison on ETFIQ
ITA and XAR on the themes desk fields, as of Sep 4, 2026. Source: ETFIQ.
ITA
iShares U.S. Aerospace & Defense ETF
XAR
State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF
IssueriSharesState Street
ThemeDefenseDefense
In the S&P 50076.6%32.4%
Active share vs the S&P 50097.9%97.9%
In the Nasdaq-1003.2%3.2%
Holdings4948
Top ten, share of the fund75.2%30.4%
Expense rationot published0.35%
Fee for the differing partnot published0.36%
Total return, 1 year+14.2%+17.9%
vs the S&P 500−5.7 pts−2.1 pts
vs the Nasdaq-100−11.4 pts−7.7 pts
Below its high−10.9%−14.8%

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.

XAR in plain words

By weight, 32% of XAR'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 30% of the fund across 48 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +17.9% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 2.1 pts. It sits 14.8% below its all-time high of Aug 14, 2026.

Questions people ask

Do ITA and XAR hold the same stocks?
By their latest filings, 50% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ITA or XAR?
ITA has 77% of its weight in S&P 500 names and XAR has 32%, 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.

ITA against XAR, ETFIQ, data as of Sep 4, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ITA against XAR, data as of Sep 4, 2026. https://etfiq.com/compare/themes/ITA-XAR.html Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources