ITA vs SHLD: Holdings Overlap
ITAiShares U.S. Aerospace & Defense ETF
iShares · 44 holdings · $14.8B · as of 2026-03-31
Global X · 48 holdings · $7.6B · as of 2026-05-31
Holdings snapshots are 61 days apart (ITA: 2026-03-31, SHLD: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ITA and SHLD?
iShares U.S. Aerospace & Defense ETF (ITA, by iShares) holds 44 positions; Global X Defense Tech ETF (SHLD, by Global X) holds 48. They have 14 holdings in common, and by portfolio weight the two funds are 32.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 32.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14ITA holds 44 · SHLD holds 48
- Weight in Shared Holdings
- ITA 41%·SHLD 45%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
30 of 44 positions (58.7% of the fund) are not held by SHLD.
Sector Breakdown
| Sector | ITA | SHLD |
|---|---|---|
| Industrials | 99.8% | 82.5% |
| Information Technology | 0.0% | 8.0% |
| Consumer Discretionary | 0.1% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 0.0% | 9.1% |
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. “Unclassified” is weight we could not classify (0% of ITA, 9% of SHLD).
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% |
| SHLD | +8.2% | +6.9% | +11.2% | — | — | — | 0.61% |
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 SHLD →
Shared Holdings(14)
The top 10 shared positions account for 97% of the overlap, led by RTX, GD and LHX.
 RTXRTX Corp. COM | 16.55% | 7.76% | 7.76% |
|---|---|---|---|
 GDGeneral Dynamics Corporation COM | 4.77% | 7.67% | 4.77% |
 LHXL3 Harris Technologies Inc COM | 4.66% | 4.69% | 4.66% |
 LMTLockheed Martin Corporation COM | 4.58% | 8.41% | 4.58% |
 NOCNorthrop Grumman Corporation COM | 4.58% | 4.23% | 4.23% |
 BWXTBWX Technologies Inc. COM | 1.58% | 3.05% | 1.58% |
 HIIHuntington Ingalls Industries, Inc. COM | 1.26% | 2.04% | 1.26% |
 KTOSKRATOS DEFENSE and SECURITY SOLU COMMON STOCK USD.001 | 1.10% | 1.81% | 1.10% |
 MOG-AMoog, Inc., Class A | 0.70% | 1.70% | 0.70% |
 KRMNKarman Holdings Inc. COMMON STOCK | 0.52% | 0.83% | 0.52% |
 AVAVAeroVironment, Inc. COM | 0.49% | 1.32% | 0.49% |
 MRCYMercury Systems Inc COM | 0.32% | 1.13% | 0.32% |
 RCATRed Cat Holdings Inc. COM | 0.12% | 0.26% | 0.12% |
 NPKNational Presto Industries Inc. COM | 0.06% | 0.11% | 0.06% |
Frequently Asked Questions
How much do ITA and SHLD overlap?
ITA and SHLD overlap by 32.1% of portfolio weight. They share 14 holdings (ITA holds 44 positions and SHLD holds 48), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ITA and SHLD?
The two portfolios are 32.1% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of ITA and SHLD?
The largest positions held by both funds are RTX, GD, LHX, LMT and NOC. Together the top 10 shared positions account for 97% of the total overlap.
What does ITA own that SHLD doesn't?
30 positions (58.7% of ITA) are unique to ITA, led by GE, BA and TDG. In the other direction, 34 positions (54.6% of SHLD) are unique to SHLD.