SHLD vs ITA: Holdings Overlap
Global X · 48 holdings · $7.6B · as of 2026-05-31
ITAiShares U.S. Aerospace & Defense ETF
iShares · 44 holdings · $14.8B · as of 2026-03-31
Holdings snapshots are 61 days apart (SHLD: 2026-05-31, ITA: 2026-03-31). 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 SHLD and ITA?
Global X Defense Tech ETF (SHLD, by Global X) holds 48 positions; iShares U.S. Aerospace & Defense ETF (ITA, by iShares) holds 44. 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
- 14SHLD holds 48 · ITA holds 44
- Weight in Shared Holdings
- SHLD 45%·ITA 41%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 SHLD
34 of 48 positions (54.6% of the fund) are not held by ITA. Showing the top 30 by weight.
Sector Breakdown
| Sector | SHLD | ITA |
|---|---|---|
| Industrials | 82.5% | 99.8% |
| Information Technology | 8.0% | 0.0% |
| Consumer Discretionary | 0.0% | 0.1% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 9.1% | 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. “Unclassified” is weight we could not classify (9% of SHLD, 0% of ITA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SHLD | +8.2% | +6.9% | +11.2% | — | — | — | 0.61% |
| ITA | +2.3% | +16.9% | +28.0% | +29.8% | +19.2% | +15.5% | 0.42% |
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 SHLD vs ITA →
Shared Holdings(14)
The top 10 shared positions account for 97% of the overlap, led by RTX, GD and LHX.
 RTXRTX Corp. COM | 7.76% | 16.55% | 7.76% |
|---|---|---|---|
 GDGeneral Dynamics Corporation COM | 7.67% | 4.77% | 4.77% |
 LHXL3 Harris Technologies Inc COM | 4.69% | 4.66% | 4.66% |
 LMTLockheed Martin Corporation COM | 8.41% | 4.58% | 4.58% |
 NOCNorthrop Grumman Corporation COM | 4.23% | 4.58% | 4.23% |
 BWXTBWX Technologies Inc. COM | 3.05% | 1.58% | 1.58% |
 HIIHuntington Ingalls Industries, Inc. COM | 2.04% | 1.26% | 1.26% |
 KTOSKRATOS DEFENSE and SECURITY SOLU COMMON STOCK USD.001 | 1.81% | 1.10% | 1.10% |
 MOG-AMoog, Inc., Class A | 1.70% | 0.70% | 0.70% |
 KRMNKarman Holdings Inc. COMMON STOCK | 0.83% | 0.52% | 0.52% |
 AVAVAeroVironment, Inc. COM | 1.32% | 0.49% | 0.49% |
 MRCYMercury Systems Inc COM | 1.13% | 0.32% | 0.32% |
 RCATRed Cat Holdings Inc. COM | 0.26% | 0.12% | 0.12% |
 NPKNational Presto Industries Inc. COM | 0.11% | 0.06% | 0.06% |
Frequently Asked Questions
How much do SHLD and ITA overlap?
SHLD and ITA overlap by 32.1% of portfolio weight. They share 14 holdings (SHLD holds 48 positions and ITA holds 44), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SHLD and ITA?
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 SHLD and ITA?
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 SHLD own that ITA doesn't?
34 positions (54.6% of SHLD) are unique to SHLD, led by PLTR, RHM and BA-. In the other direction, 30 positions (58.7% of ITA) are unique to ITA.