Data as of .
AV vs ITA: which is really different?
AV and ITA hold 57% of their weight in the same names.
ETFIQ Off-Index Score: ITA scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 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
57% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AV and ITA hold 57% of their money in the same securities at the same weight.
| Holding | AV | ITA |
|---|---|---|
| GE AEROSPACE | 10.74% | 20.42% |
| RTX Corp | 9.94% | 16.38% |
| Lockheed Martin Corp | 4.97% | 4.66% |
| General Dynamics Corp | 5.48% | 4.59% |
| Howmet Aerospace Inc | 4.63% | 4.53% |
| Northrop Grumman Corp | 4.50% | 4.69% |
| Boeing Co/The | 4.00% | 7.72% |
| TransDigm Group Inc | 3.37% | 4.43% |
| ATI Inc | 2.53% | 1.96% |
| Carpenter Technology Corp | 1.90% | 1.52% |
| FTAI Aviation Ltd | 1.92% | 1.47% |
| Woodward Inc | 2.00% | 1.43% |
| Only in AV | Only in ITA |
|---|---|
| United Parcel Service Inc 4.00% | HONEYWELL AEROSPACE INC 3.91% |
| Delta Air Lines Inc 3.71% | L3HARRIS TECHNOLOGIES 3.46% |
| First American Government Obligations Fund 12/01/2031 3.55% | AXON ENTERPRISE 2.74% |
| FedEx Corp 3.53% | ROCKET LAB CORP 2.67% |
| United Airlines Holdings Inc 3.04% | CURTISS WRIGHT 1.58% |
| Ryanair Holdings PLC 2.45% | HEICO CLASS A 1.26% |
| AerCap Holdings NV 2.20% | BWX TECHNOLOGIES INC 1.02% |
| Southwest Airlines Co 2.03% | HUNTINGTON INGALLS INDUSTRIES 0.81% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AV | ITA | AV | ITA | AV | ITA | |
| 3 months | −9.0% | −10.4% | −11.3 pts | −12.7 pts | −6.5 pts | −7.9 pts |
| 6 months | not published | −3.7% | not published | −21.8 pts | not published | −28.0 pts |
| 1 year | not published | +5.6% | not published | −10.9 pts | not published | −16.1 pts |
| 3 years | not published | +100.0% | not published | +21.6 pts | not published | +1.9 pts |
| Since launch | −2.4% | +884.1% | −6.7 pts | +80.5 pts | −6.2 pts | −806.1 pts |
| AV Corgi Aerospace & Commercial Aviation ETF Holds 40 stocks in defense, 66% of its weight in S&P 500 companies | ITA iShares U.S. Aerospace & Defense ETF Holds 52 stocks in defense, 79% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Corgi | iShares |
| Theme | Defense | Defense |
| In the S&P 500 | 66.3% | 79.3% |
| Active share vs the S&P 500 | 97.6% | 97.9% |
| In the Nasdaq-100 | 0.0% | 2.9% |
| Holdings | 40 | 52 |
| Top ten, share of the fund | 55.5% | 77.3% |
| Expense ratio | 0.35% | 0.37% |
| Fee for the differing part | 0.36% | 0.38% |
| Total return, 1 year | −2.4% (since launch on May 6, 2026) | +5.6% |
| vs the S&P 500 | −6.7 pts | −10.9 pts |
| vs the Nasdaq-100 | −6.2 pts | −16.1 pts |
| Below its high | −13.0% | −15.4% |
| Net assets | $773,395 | $12.5bn |
AV in plain words
By weight, 66% of AV'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 56% of the fund across 40 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned −2.4% with distributions reinvested against +4.3% for the S&P 500, so a holder was behind by 6.7 pts. It sits 13.0% below its all-time high of Aug 5, 2026.
ITA in plain words
By weight, 79% 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 77% of the fund across 52 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +5.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 10.9 pts. It sits 15.4% below its all-time high of Aug 14, 2026.
Questions people ask
- Do AV and ITA hold the same stocks?
- By their latest filings, 57% 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, AV or ITA?
- AV has 66% of its weight in S&P 500 names and ITA has 79%, so ITA differs more from the index.
- Which is cheaper, AV or ITA?
- AV charges 0.35% a year and ITA charges 0.37%, so AV 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, AV against ITA, data as of Sep 18, 2026. https://etfiq.com/compare/themes/av-vs-ita Free to use with attribution; the underlying files are at Open data.