ITA vs XLI: Holdings Overlap
ITAiShares U.S. Aerospace & Defense ETF
iShares · 44 holdings · $14.8B · as of 2026-03-31
XLIState Street® Industrial Select Sector SPDR® ETF
State Street (SPDR) · 83 holdings · $34.2B · as of 2026-08-06
Holdings snapshots are 128 days apart (ITA: 2026-03-31, XLI: 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 XLI?
iShares U.S. Aerospace & Defense ETF (ITA, by iShares) holds 44 positions; State Street® Industrial Select Sector SPDR® ETF (XLI, by State Street (SPDR)) holds 83. They have 12 holdings in common, and by portfolio weight the two funds are 25.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 25.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12ITA holds 44 · XLI holds 83
- Weight in Shared Holdings
- ITA 77%·XLI 25%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
32 of 44 positions (22.5% of the fund) are not held by XLI. Showing the top 30 by weight.
Sector Breakdown
| Sector | ITA | XLI |
|---|---|---|
| Industrials | 99.8% | 99.9% |
| Consumer Discretionary | 0.1% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
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% |
| XLI | +1.5% | +20.0% | +24.5% | +20.8% | +14.0% | +14.2% | 1.11% |
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 XLI →
Shared Holdings(12)
The top 10 shared positions account for 98% of the overlap, led by GE, RTX and BA.
 GEGeneral Electric Co. | 19.03% | 6.73% | 6.73% |
|---|---|---|---|
 RTXRTX Corp. COM | 16.55% | 5.18% | 5.18% |
 BABoeing Co. (The) | 8.91% | 3.15% | 3.15% |
 LMTLockheed Martin Corporation COM | 4.58% | 2.04% | 2.04% |
 HWMHowmet Aerospace Inc COM | 4.50% | 1.99% | 1.99% |
 GDGeneral Dynamics Corporation COM | 4.77% | 1.69% | 1.69% |
 NOCNorthrop Grumman Corporation COM | 4.58% | 1.30% | 1.30% |
 TDGTransdigm Group Inc. COM | 4.53% | 1.22% | 1.22% |
 LHXL3 Harris Technologies Inc COM | 4.66% | 0.93% | 0.93% |
 AXONAxon Enterprise Inc COM | 2.83% | 0.72% | 0.72% |
 TXTTextron Inc. COM | 1.29% | 0.26% | 0.26% |
 HIIHuntington Ingalls Industries, Inc. COM | 1.26% | 0.22% | 0.22% |
Frequently Asked Questions
How much do ITA and XLI overlap?
ITA and XLI overlap by 25.4% of portfolio weight. They share 12 holdings (ITA holds 44 positions and XLI holds 83), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ITA and XLI?
The two portfolios are 25.4% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ITA and XLI?
The largest positions held by both funds are GE, RTX, BA, LMT and HWM. Together the top 10 shared positions account for 98% of the total overlap.
What does ITA own that XLI doesn't?
32 positions (22.5% of ITA) are unique to ITA, led by RKLB, FTAI and CW. In the other direction, 71 positions (74.5% of XLI) are unique to XLI.