Data as of Oct 28, 2026.
ITA vs NLR: Holdings Overlap & Returns
Over the year to Oct 28, 2026, ITA returned −4.3% to NLR's −35.8%; 1% of their weight is in the same names.
askIQ about this page
askIQ about ITA and NLR
Net assets: $12.0bn on Oct 27, 2026 for iShares U.S. Aerospace & Defense ETF, and $3.1bn on Oct 26, 2026 for VanEck Uranium and Nuclear ETF.
81% of ITA's weight is in S&P 500 companies and 19% is outside the index. Holdings as of Oct 27, 2026.
15% of NLR's weight is in S&P 500 companies and 85% is outside the index. Holdings as of Jun 30, 2026.
Pair scorecard
ITA costs 0.15 points a year less; their one-year returns differ by 31.5 points; ITA is 3.9 times larger.
Points (pts) are percentage points.
| Measure | ITA | NLR |
|---|---|---|
| Return | ||
| Total return, 1 year | −4.3% | −35.8% |
| Drawdown | ||
| Below its all-time high | 17.9%, high on Aug 14, 2026 | 41.6%, high on Jan 28, 2026 |
| Against its benchmark | ||
| What it tracks | Defense | Nuclear and uranium |
| Its benchmark, total return, 1 year | +13.4% | |
| Against its benchmark, 1 year | behind by 49.2 pts | |
| Cost and size | ||
| Expense ratio | 0.37% | 0.52% |
| Net assets, as of Oct 23, 2026 | $11.8bn | $3.0bn |
| Holdings | ||
| Holdings in common | 1% | |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, ITA and NLR hold 1% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
1% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | ITA | NLR | ITA | NLR |
| 3 months | −12.0% | −6.5% | not measured | −10.9 pts vs ACWI |
| 6 months | −2.4% | −30.2% | not measured | −37.6 pts vs ACWI |
| 1 year | −4.3% | −35.8% | not measured | −49.2 pts vs ACWI |
| 3 years | +97.8% | +54.0% | not measured | −34.9 pts vs ACWI |
| Since launchNot the same days: ITA May 2006 · NLR Aug 2007 | +892.2% | +66.1% | not measured | not measured |
Side by side
As of Oct 28, 2026. Source: ETFIQ.
1% of the two portfolios are the same securities at the same weight.
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.
NLR
By weight, 15% of NLR'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 61% of the fund across 25 positions, as filed for Jun 30, 2026. Over the year to Oct 28, 2026 the fund returned −35.8% with distributions reinvested against +13.4% for its benchmark, the MSCI ACWI Index, so a holder was behind by 49.2 pts. It sits 41.6% below its all-time high of Jan 28, 2026.
Questions people ask
- Do ITA and NLR hold the same stocks?
- By their latest filings, 1% 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 NLR, data as of Oct 28, 2026. https://etfiq.com/compare/themes/ita-vs-nlr
ETFIQ. (Oct 28, 2026). ITA against NLR. Retrieved from https://etfiq.com/compare/themes/ita-vs-nlr
[ITA against NLR (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/themes/ita-vs-nlr)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.