Data as of .
ITA vs XME: which is really different?
ITA and XME hold 0% of their weight in the same names, and XME returned more over the year.
ETFIQ Off-Index Score: XME scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 349 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
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 XME hold 0% of their money in the same securities at the same weight.
| Only in ITA | Only in XME |
|---|---|
| GE AEROSPACE 21.81% | Uranium Energy Corp 4.76% |
| RTX 17.21% | Hecla Mining Co 4.62% |
| BOEING 9.36% | Centrus Energy Corp 4.60% |
| GENERAL DYNAMICS CORP 4.82% | USA Rare Earth Inc 4.47% |
| LOCKHEED MARTIN CORP 4.69% | Coeur Mining Inc 4.46% |
| NORTHROP GRUMMAN CORP 4.44% | MP Materials Corp 4.41% |
| TRANSDIGM GROUP 4.31% | Freeport-McMoRan Inc 4.26% |
| HOWMET AEROSPACE 4.24% | Royal Gold Inc 4.26% |
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 dated Jun 30, 2026 and Sep 10, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ITA | XME | ITA | XME | ITA | XME | |
| 3 months | −6.3% | −5.6% | −9.6 pts | −8.9 pts | −5.5 pts | −4.8 pts |
| 6 months | −4.4% | +4.3% | −20.4 pts | −11.7 pts | −25.1 pts | −16.3 pts |
| 1 year | +10.0% | +32.5% | −7.5 pts | +15.0 pts | −13.0 pts | +9.6 pts |
| 3 years | +103.7% | +123.5% | +25.8 pts | +45.6 pts | +8.6 pts | +28.4 pts |
| Since launch | +906.7% | +160.8% | +102.3 pts | −643.6 pts | −767.2 pts | −1513.1 pts |
| ITA iShares U.S. Aerospace & Defense ETF Holds 51 stocks in defense, 80% of its weight in S&P 500 companies | XME State Street(R) SPDR(R) S&P(R) Metals & Mining ETF Holds 41 stocks in miners and metals, 17% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | iShares | State Street |
| Theme | Defense | Miners and metals |
| In the S&P 500 | 79.5% | 17.3% |
| Active share vs the S&P 500 | 97.9% | 99.6% |
| In the Nasdaq-100 | 3.0% | 0.0% |
| Holdings | 51 | 41 |
| Top ten, share of the fund | 77.5% | 46.8% |
| Expense ratio | 0.37% | 0.35% |
| Fee for the differing part | 0.38% | 0.35% |
| Total return, 1 year | +10.0% | +32.5% |
| vs the S&P 500 | −7.5 pts | +15.0 pts |
| vs the Nasdaq-100 | −13.0 pts | +9.6 pts |
| Below its high | −13.5% | −14.4% |
ITA in plain words
By weight, 80% 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 78% of the fund across 51 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +10.0% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 7.5 pts. It sits 13.5% below its all-time high of Aug 14, 2026.
XME in plain words
By weight, 17% of XME's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 47% of the fund across 41 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +32.5% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 15.0 pts. It sits 14.4% below its all-time high of Jun 2, 2026.
Questions people ask
- Do ITA and XME 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 XME?
- ITA has 80% of its weight in S&P 500 names and XME has 17%, so XME differs more from the index.
- Which is cheaper, ITA or XME?
- ITA charges 0.37% a year and XME charges 0.35%, so XME is cheaper. Fees come from each fund's prospectus.
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 XME, data as of Sep 11, 2026. https://etfiq.com/compare/themes/ITA-XME Free to use with attribution; the underlying files are at Open data.