Do EUAD and ITA hold the same stocks?

By their latest filings, 0% of their books are the same securities at the same weight. 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 81%, 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.

Data as of Nov 4, 2026.

Thematic ETFs

EUAD vs ITA: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, EUAD returned −8.0% to ITA's +0.8%; 0% of their weight is in the same names.

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Net assets: $1.1bn on Aug 31, 2026 for Select STOXX Europe Aerospace & Defense ETF, and $12.2bn on Nov 4, 2026 for iShares U.S. Aerospace & Defense ETF.

EUAD on its own →ITA on its own →

At a glance

0.0%

EUAD in the S&P 500

80.8%

ITA in the S&P 500

−8.0%

EUAD total return, 1 year

+0.8%

ITA total return, 1 year

EUAD · 1 year to Nov 4, 2026 13 positions, 28% of its net assets

EUAD holds 13 positions, 28% of its net assets. Holdings as of Aug 31, 2026.

ITA · 1 year to Nov 4, 2026 19% of its weight is outside the S&P 500

81% of ITA's weight is in S&P 500 companies and 19% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

ITA costs 0.13 points a year less; their one-year returns differ by 8.8 points.

EUAD vs ITA: Holdings Overlap & Returns
Measure	EUAD	ITA
Return
Measure	EUAD	ITA
Total return, 1 year	−8.0%	+0.8%
Drawdown
Measure	EUAD	ITA
Below its all-time high	16.7%, high on Jan 13, 2026	15.8%, high on Aug 14, 2026
Benchmark
Measure	EUAD	ITA
What it tracks	Defense	Defense
Cost and size
Measure	EUAD	ITA
Expense ratio	0.50%	0.37%
Net assets, EUAD as of Aug 31, 2026 and ITA as of Nov 4, 2026	$1.1bn	$12.2bn
Holdings
Measure	EUAD	ITA
Holdings in common	0%

Method

Risk and return

Nov 1, 2024 to Oct 30, 2026 · 104 weekly returns

EUAD ITA

Return

Total return edge EUAD +59.9% +46.8%

Annualized edge EUAD +26.5% +21.2%

Price return edge EUAD +59.1% +45.1%

Risk

Volatility edge ITA 29.4% 23.2%

Max drawdown edge ITA (slight) −21.4% −20.0%

Risk-adjusted

Sharpe edge EUAD (slight) 0.81 0.77

Sortino edge EUAD (slight) 1.24 1.16

Calmar edge EUAD 1.24 1.06

Reading

From Nov 2024 to Oct 2026, EUAD returned more: +59.9% to +46.8%. ITA swung less: 23.2% to 29.4%. ITA fell slightly less at its worst: −20.0% to −21.4%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: EUAD vs ITA: Holdings Overlap & Returns
Measure	EUAD	ITA	Edge	How it is measured
Return
Total return	+59.9%	+46.8%	EUAD	Price change plus distributions, reinvested.
Annualized	+26.5%	+21.2%	EUAD	Total return as a yearly rate.
Price return	+59.1%	+45.1%	EUAD	Price change alone, distributions left out.
Risk
Volatility	29.4%	23.2%	ITA	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	19.2%	15.4%	ITA	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−21.4%	−20.0%	ITA (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.81	0.77	EUAD (slight)	Return above Treasury bills per unit of volatility.
Sortino	1.24	1.16	EUAD (slight)	Return above Treasury bills per unit of downside deviation.
Calmar	1.24	1.06	EUAD	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 104 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, EUAD and ITA hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EUAD ITA

Only in one fund ↓

Only in EUAD

MTU Aero Engines AG 4.63%

Airbus SE 4.58%

Leonardo SpA 2.82%

Saab AB 2.75%

Thales SA 2.49%

BAE Systems PLC 2.38%

Hensoldt AG 1.77%

Rheinmetall AG 1.72%

Only in ITA

GE AEROSPACE 20.61%

RTX 17.02%

BOEING 6.68%

LOCKHEED MARTIN 5.53%

TRANSDIGM GROUP 4.87%

NORTHROP GRUMMAN CORP 4.84%

GENERAL DYNAMICS CORP 4.82%

HOWMET AEROSPACE 4.35%

Check overlap with more funds →

Window by window

Window by window: EUAD vs ITA: Holdings Overlap & Returns
	Total return
Window	EUAD	ITA
3 months	−14.6%	−15.5%
6 months	−7.2%	−4.6%
1 year	−8.0%	+0.8%
3 years	–	+91.7%
Since launchNot the same days: EUAD Oct 2024 · ITA May 2006	+60.5%	+916.6%

– means no data for this window. Open this comparison in the app →

Side by side

EUAD Select STOXX Europe Aerospace & Defense ETF · Holds 13 stocks in defense, 0% of its weight in S&P 500 companies ITA iShares U.S. Aerospace & Defense ETF · Holds 51 stocks in defense, 81% of its weight in S&P 500 companies

Issuer Tuttle iShares

Theme Defense Defense

In the S&P 500 0.0% 80.8%

Active share vs the S&P 500 100.0% 97.7%

In the Nasdaq-100 0.0% 8.5%

Holdings 13 51

Top ten, share of the fund 25.8% 76.3%

Expense ratio 0.50% 0.37%

Fee for the differing part 0.50% 0.38%

Total return, 1 year −8.0% +0.8%

vs its benchmark not measured not measured

Below its high −16.7% −15.8%

Net assets, EUAD as of Aug 31, 2026 and ITA as of Nov 4, 2026 $1.1bn $12.2bn

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

EUAD

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 26% of the fund across 13 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned −8.0% with distributions reinvested. It sits 16.7% below its all-time high of Jan 13, 2026.

ITA

By weight, 81% 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 76% of the fund across 51 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +0.8% with distributions reinvested. It sits 15.8% 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. 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 81%, 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

EUAD vs IDEF EUAD vs FOWF EUAD vs TSSD EUAD vs WDGF ITA vs MISL ITA vs XAR ITA vs SHLD ITA vs PPA

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →EUAD on its own →ITA on its own →EUAD dividend history →EUAD holdings →ITA dividend history →ITA holdings →Method →Standards and sources →

Sources and dates

EUAD filings on SEC EDGAR ↗

EUAD prospectus with the expense ratio (SEC) ↗

Tuttle website ↗

ITA filings on SEC EDGAR ↗

ITA prospectus with the expense ratio (SEC) ↗

iShares page for ITA ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, EUAD against ITA, data as of Nov 4, 2026. https://etfiq.com/compare/themes/euad-vs-ita

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.