Data as of Oct 28, 2026.
ITA vs KWEB: Holdings Overlap & Returns
Over the year to Oct 28, 2026, ITA returned −4.3% to KWEB's −40.6%; 0% of their weight is in the same names.
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Net assets: $12.0bn on Oct 27, 2026 for iShares U.S. Aerospace & Defense ETF, and $4.3bn on Oct 28, 2026 for KraneShares CSI China Internet ETF.
81% of ITA's weight is in S&P 500 companies and 19% is outside the index. Holdings as of Oct 27, 2026.
0% of KWEB's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Oct 28, 2026.
Pair scorecard
ITA costs 0.32 points a year less; their one-year returns differ by 36.3 points; ITA is 2.8 times larger.
| Measure | ITA | KWEB |
|---|---|---|
| Return | ||
| Total return, 1 year | −4.3% | −40.6% |
| Drawdown | ||
| Below its all-time high | 17.9%, high on Aug 14, 2026 | 73.4%, high on Feb 17, 2021 |
| Benchmark | ||
| What it tracks | Defense | Internet and e-commerce |
| Cost and size | ||
| Expense ratio | 0.37% | 0.69% |
| Net assets, as of Oct 27, 2026 | $12.0bn | $4.3bn |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated Oct 27, 2026 and Oct 28, 2026. Method
Risk and return
Aug 9, 2013 to Oct 23, 2026 · 689 weekly returnsITA returned more: +414.5% to +14.8%. ITA swung less: 23.0% to 35.3%. ITA fell less at its worst: −49.3% to −79.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | ITA | KWEB | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +414.5% | +14.8% | ITA | Price change plus distributions, reinvested. |
| Annualized | +13.2% | +1.0% | ITA | Total return as a yearly rate. |
| Price return | +348.7% | −10.9% | ITA | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 23.0% | 35.3% | ITA | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 15.8% | 23.5% | ITA | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −49.3% | −79.9% | ITA | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.57 | 0.15 | ITA | Return above Treasury bills per unit of volatility. |
| Sortino | 0.83 | 0.22 | ITA | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.27 | 0.01 | ITA | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 689 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, ITA and KWEB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | ||
|---|---|---|
| Window | ITA | KWEB |
| 3 months | −12.0% | −17.3% |
| 6 months | −2.4% | −17.9% |
| 1 year | −4.3% | −40.6% |
| 3 years | +97.8% | −3.2% |
| Since launchNot the same days: ITA May 2006 · KWEB Aug 2013 | +892.2% | +12.7% |
Side by side
As of Oct 28, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
ITA and KWEB are built for the same job. How do they differ in cost, holdings and results?
- Theme. ITA covers Defense and KWEB covers Internet and e-commerce.
- Concentration. The top ten holdings are 76.1% of ITA and 61.5% of KWEB, a gap of 14.6 points.
- What each follows. ITA follows Defense and KWEB follows Internet and e-commerce.
Data as of Oct 28, 2026.
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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 Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned −4.3% with distributions reinvested. It sits 17.9% below its all-time high of Aug 14, 2026.
KWEB
By weight, 0% of KWEB'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 62% of the fund across 45 positions, as published by its issuer for Oct 28, 2026. Over the year to Oct 28, 2026 the fund returned −40.6% with distributions reinvested. It sits 73.4% below its all-time high of Feb 17, 2021.
Questions people ask
- Do ITA and KWEB 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.
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, ITA against KWEB, data as of Oct 28, 2026. https://etfiq.com/compare/themes/ita-vs-kweb
ETFIQ. (Oct 28, 2026). ITA against KWEB. Retrieved from https://etfiq.com/compare/themes/ita-vs-kweb
[ITA against KWEB (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/themes/ita-vs-kweb)
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