Data as of .
EUAD vs ITA: which is really different?
EUAD and ITA hold 0% of their weight in the same names, and ITA returned more over the year.
ETFIQ Off-Index Score: EUAD 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
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, EUAD and ITA hold 0% of their money in the same securities at the same weight.
| Only in EUAD | Only in ITA |
|---|---|
| Airbus SE 14.86% | GE AEROSPACE 20.42% |
| MTU Aero Engines AG 11.03% | RTX 16.38% |
| BAE Systems PLC 8.96% | BOEING 7.72% |
| Rolls-Royce Holdings 8.43% | NORTHROP GRUMMAN CORP 4.69% |
| Leonardo SpA 8.27% | LOCKHEED MARTIN CORP 4.66% |
| Safran SA 7.56% | GENERAL DYNAMICS CORP 4.59% |
| Rheinmetall AG 7.53% | HOWMET AEROSPACE 4.53% |
| Saab AB 7.00% | TRANSDIGM GROUP 4.43% |
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 May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| EUAD | ITA | EUAD | ITA | EUAD | ITA | |
| 3 months | +1.0% | −10.4% | −1.3 pts | −12.7 pts | +3.5 pts | −7.9 pts |
| 6 months | +4.8% | −3.7% | −13.2 pts | −21.8 pts | −19.4 pts | −28.0 pts |
| 1 year | −4.4% | +5.6% | −21.0 pts | −10.9 pts | −26.2 pts | −16.1 pts |
| 3 years | not published | +100.0% | not published | +21.6 pts | not published | +1.9 pts |
| Since launch | +70.4% | +884.1% | +36.8 pts | +80.5 pts | +23.6 pts | −806.1 pts |
| EUAD Select STOXX Europe Aerospace & Defense ETF Holds 18 stocks in defense, 0% 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 | Tuttle | iShares |
| Theme | Defense | Defense |
| In the S&P 500 | 0.0% | 79.3% |
| Active share vs the S&P 500 | 100.0% | 97.9% |
| In the Nasdaq-100 | 0.0% | 2.9% |
| Holdings | 18 | 52 |
| Top ten, share of the fund | 86.6% | 77.3% |
| Expense ratio | 0.50% | 0.37% |
| Fee for the differing part | 0.50% | 0.38% |
| Total return, 1 year | −4.4% | +5.6% |
| vs the S&P 500 | −21.0 pts | −10.9 pts |
| vs the Nasdaq-100 | −26.2 pts | −16.1 pts |
| Below its high | −11.6% | −15.4% |
| Net assets | $1.2bn | $12.5bn |
EUAD in plain words
By weight, 0% of EUAD'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 87% of the fund across 18 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −4.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 21.0 pts. It sits 11.6% below its all-time high of Jan 13, 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 EUAD and ITA 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, EUAD or ITA?
- EUAD has 0% of its weight in S&P 500 names and ITA has 79%, so EUAD differs more from the index.
- Which is cheaper, EUAD or ITA?
- EUAD charges 0.50% a year and ITA charges 0.37%, so ITA 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, EUAD against ITA, data as of Sep 18, 2026. https://etfiq.com/compare/themes/euad-vs-ita Free to use with attribution; the underlying files are at Open data.