ITA vs XAR: Holdings Overlap
ITAiShares U.S. Aerospace & Defense ETF
iShares · 44 holdings · $14.8B · as of 2026-03-31
XARState Street® SPDR® S&P® Aerospace & Defense ETF
State Street (SPDR) · 47 holdings · $6.4B · as of 2026-08-06
Holdings snapshots are 128 days apart (ITA: 2026-03-31, XAR: 2026-08-06). 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 XAR?
iShares U.S. Aerospace & Defense ETF (ITA, by iShares) holds 44 positions; State Street® SPDR® S&P® Aerospace & Defense ETF (XAR, by State Street (SPDR)) holds 47. They have 41 holdings in common, and by portfolio weight the two funds are 51.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 51.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 41ITA holds 44 · XAR holds 47
- Weight in Shared Holdings
- ITA 98%·XAR 97%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
3 of 44 positions (1.5% of the fund) are not held by XAR.
Sector Breakdown
| Sector | ITA | XAR |
|---|---|---|
| Industrials | 99.8% | 98.4% |
| Consumer Discretionary | 0.1% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 0.0% | 1.6% |
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, 2% of XAR).
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% |
| XAR | +2.7% | +19.0% | +33.7% | +33.2% | +18.5% | +18.1% | 0.28% |
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 XAR →
Shared Holdings(41)
The top 10 shared positions account for 56% of the overlap, led by RTX, GE and HWM.
 RTXRTX Corp. COM | 16.55% | 3.26% | 3.26% |
|---|---|---|---|
 GEGeneral Electric Co. | 19.03% | 3.04% | 3.04% |
 HWMHowmet Aerospace Inc COM | 4.50% | 3.00% | 3.00% |
 GDGeneral Dynamics Corporation COM | 4.77% | 2.94% | 2.94% |
 BABoeing Co. (The) | 8.91% | 2.87% | 2.87% |
 LMTLockheed Martin Corporation COM | 4.58% | 2.87% | 2.87% |
 AXONAxon Enterprise Inc COM | 2.83% | 3.02% | 2.83% |
 NOCNorthrop Grumman Corporation COM | 4.58% | 2.71% | 2.71% |
 TDGTransdigm Group Inc. COM | 4.53% | 2.69% | 2.69% |
 LHXL3 Harris Technologies Inc COM | 4.66% | 2.47% | 2.47% |
 FTAIFTAI Aviation Ltd COM USD0.01 | 2.12% | 2.54% | 2.12% |
 CWCurtiss-Wright Corporation | 2.12% | 2.57% | 2.12% |
 RKLBRocket Lab Corp. COM | 2.55% | 1.86% | 1.86% |
 WWDWoodward Inc. COM | 1.80% | 2.58% | 1.80% |
 ATIATI Inc COMMON STOCK | 1.67% | 3.15% | 1.67% |
 CRSCarpenter Technology Corporation COM | 1.66% | 2.76% | 1.66% |
 BWXTBWX Technologies Inc. COM | 1.58% | 2.36% | 1.58% |
 TXTTextron Inc. COM | 1.29% | 2.49% | 1.29% |
 HIIHuntington Ingalls Industries, Inc. COM | 1.26% | 2.88% | 1.26% |
 KTOSKratos Defense & Security Solutions, Inc. COM NEW | 1.10% | 2.71% | 1.10% |
 HEIHeico Corp COM | 0.93% | 2.93% | 0.93% |
 MOG-AMoog, Inc., Class A | 0.70% | 2.78% | 0.70% |
 KRMNKarman Holdings Inc. COMMON STOCK | 0.52% | 3.11% | 0.52% |
 HXLHexcel Corporation COM | 0.52% | 2.91% | 0.52% |
 AVAVAeroVironment, Inc. COM | 0.49% | 2.56% | 0.49% |
Frequently Asked Questions
How much do ITA and XAR overlap?
ITA and XAR overlap by 51.5% of portfolio weight. They share 41 holdings (ITA holds 44 positions and XAR holds 47), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ITA and XAR?
The two portfolios are 51.5% 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 XAR?
The largest positions held by both funds are RTX, GE, HWM, GD and BA. Together the top 10 shared positions account for 56% of the total overlap.
What does ITA own that XAR doesn't?
3 positions (1.5% of ITA) are unique to ITA, led by HEI-A, RGR and SWBI. In the other direction, 6 positions (2.5% of XAR) are unique to XAR.