ITA vs QQEW: Holdings Overlap
ITAiShares U.S. Aerospace & Defense ETF
iShares · 44 holdings · $14.8B · as of 2026-03-31
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF
First Trust · 51 holdings · $1.8B · as of 2026-03-31
How similar are ITA and QQEW?
iShares U.S. Aerospace & Defense ETF (ITA, by iShares) holds 44 positions; First Trust Nasdaq-100 Select Equal Weight ETF (QQEW, by First Trust) holds 51. They have 1 holdings in common, and by portfolio weight the two funds are 1.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1ITA holds 44 · QQEW holds 51
- Weight in Shared Holdings
- ITA 3%·QQEW 2%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ITA
43 of 44 positions (97.1% of the fund) are not held by QQEW. Showing the top 30 by weight.
Only in QQEW
50 of 51 positions (98.2% of the fund) are not held by ITA. Showing the top 30 by weight.
Sector Breakdown
| Sector | ITA | QQEW |
|---|---|---|
| Industrials | 99.8% | 7.7% |
| Information Technology | 0.0% | 49.6% |
| Health Care | 0.0% | 16.3% |
| Consumer Discretionary | 0.1% | 12.4% |
| Communication Services | 0.0% | 10.0% |
| Other Sectors | 0.0% | 3.9% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ITA | +2.3% | +16.9% | +28.0% | +29.8% | +19.2% | +15.5% | 0.42% |
| QQEW | +2.5% | +14.0% | +19.6% | +14.5% | +7.7% | +14.2% | 0.20% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ITA vs QQEW →
Shared Holdings(1)
 AXONAxon Enterprise Inc COM | 2.83% | 1.75% | 1.75% |
|---|
Frequently Asked Questions
How much do ITA and QQEW overlap?
ITA and QQEW overlap by 1.8% of portfolio weight. They share 1 holdings (ITA holds 44 positions and QQEW holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ITA and QQEW?
The two portfolios are 1.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of ITA and QQEW?
The largest positions held by both funds are AXON. Together the top 1 shared positions account for 100% of the total overlap.
What does ITA own that QQEW doesn't?
43 positions (97.1% of ITA) are unique to ITA, led by GE, RTX and BA. In the other direction, 50 positions (98.2% of QQEW) are unique to QQEW.