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Data as of .

IDEF vs ITA: which is really different?

ITA holds 79.5% of its weight in S&P 500 companies and IDEF 36.1%.

iShares Defense Industrials Active ETF and iShares U.S. Aerospace & Defense ETF, side by side, thematic ETFs on ETFIQ.

36.1%IDEF in the S&P 500
79.5%ITA in the S&P 500
+4.9%IDEF total return, 1 year
+10.0%ITA total return, 1 year

ETFIQ Off-Index Score: ITA scores higher

How much of it is not the index it is sold as an alternative to?

IDEF 35.7ITA 48.20.1, the lowest in this set91.6, the highest

A percentile among the 371 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

IDEF64% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
36%64%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 96% · top ten 35% of the fund · 152 holdings filed Sep 10, 2026 · Nasdaq-100: 9% in36%64%inoutside the S&P 500active share 96% · top ten 35% of the fund
ITA21% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
80%21%of its weight in S&P 500 companiesoutside the S&P 500active share 98% · top ten 78% of the fund · 51 holdings filed Sep 10, 2026 · Nasdaq-100: 3% in80%21%in the S&P 50021% of its weight outside the S&P 500active share 98% · top ten 78% of the fund

What they hold in common

By the books each fund has filed, IDEF and ITA hold 31% of their money in the same securities at the same weight.

Positions IDEF and ITA both hold, largest shared weight first
HoldingIDEFITA
RTX6.72%17.21%
LOCKHEED MARTIN CORP3.62%4.69%
BOEING3.32%9.36%
GENERAL DYNAMICS CORP2.97%4.82%
NORTHROP GRUMMAN CORP2.56%4.44%
GE AEROSPACE1.90%21.81%
TRANSDIGM GROUP1.05%4.31%
ATI0.80%2.12%
CARPENTER TECHNOLOGY0.74%1.74%
HOWMET AEROSPACE0.69%4.24%
ROCKET LAB CORP0.67%2.46%
BWX TECHNOLOGIES INC0.53%1.09%
Largest positions each one holds and the other does not
Only in IDEFOnly in ITA
PALANTIR TECHNOLOGIES CLASS A 4.71%AXON ENTERPRISE 3.01%
ROLLS-ROYCE HOLDINGS PLC 3.30%FTAI AVIATION 1.44%
THALES SA 2.61%HEICO CLASS A 1.41%
SPACE EXPLORATION TECHNOLOGIES COR 2.38%STANDARDAERO 0.35%
HANWHA AEROSPACE LTD 2.28%ARCHER AVIATION CLASS A 0.27%
BAE SYSTEMS PLC 2.11%ASTRONICS 0.22%
MITSUBISHI HEAVY INDUSTRIES 1.71%LOAR HOLDINGS 0.18%
LEONARDO FINMECCANICA SPA 1.63%INTUITIVE MACHINES INC CLASS A 0.14%

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 10, 2026.

Performance, window by window

IDEF and ITA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
IDEFITAIDEFITAIDEFITA
3 months−1.9%−6.3%−5.2 pts−9.6 pts−1.1 pts−5.5 pts
6 months−8.5%−4.4%−24.5 pts−20.4 pts−29.2 pts−25.1 pts
1 year+4.9%+10.0%−12.6 pts−7.5 pts−18.1 pts−13.0 pts
3 yearsnot published+103.7%not published+25.8 ptsnot published+8.6 pts
Since launch+26.5%+906.7%−6.4 pts+102.3 pts−13.6 pts−767.2 pts
Open the live comparison on ETFIQ
IDEF and ITA on the same fields, as of Sep 11, 2026. Source: ETFIQ.
IDEF
iShares Defense Industrials Active ETF
Holds 152 stocks in defense, 36% of its weight in S&P 500 companies
ITA
iShares U.S. Aerospace & Defense ETF
Holds 51 stocks in defense, 80% of its weight in S&P 500 companies
IssueriSharesiShares
ThemeDefenseDefense
In the S&P 50036.1%79.5%
Active share vs the S&P 50095.9%97.9%
In the Nasdaq-1008.5%3.0%
Holdings15251
Top ten, share of the fund35.2%77.5%
Expense rationot published0.37%
Fee for the differing partnot published0.38%
Total return, 1 year+4.9%+10.0%
vs the S&P 500−12.6 pts−7.5 pts
vs the Nasdaq-100−18.1 pts−13.0 pts
Below its high−13.9%−13.5%

IDEF in plain words

By weight, 36% of IDEF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 35% of the fund across 152 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +4.9% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 12.6 pts. It sits 13.9% below its all-time high of Mar 2, 2026.

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.

Questions people ask

Which is more different from the S&P 500, IDEF or ITA?
IDEF has 36% of its weight in S&P 500 names and ITA has 80%, 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.

IDEF against ITA, ETFIQ, data as of Sep 11, 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, IDEF against ITA, data as of Sep 11, 2026. https://etfiq.com/compare/themes/idef-vs-ita Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources