Quick Read – ITA has climbed 14% year to date and 32% over the trailing year, with the gains driven by its three largest holdings: GE Aerospace, RTX, and Boeing. – Tesla’s 12% year-to-date slide and 421 P/E ratio dragged broad market ETFs while ITA’s aerospace-and-defense-only…
ndate excluded it entirely. – GE Aerospace, RTX, and Boeing alone control roughly 44% of ITA, making a production stumble or Pentagon budget fight a real reversal risk. – It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor) An old-economy sector fund is quietly beating the market darlings this year, and it holds zero shares of the electric-vehicle giant everyone loves to argue about
The iShares U.S. Aerospace & Defense ETF (NYSEARCA:ITA) has climbed 13.74% year to date and 32.48% over the trailing year, all while owning none of the Magnificent Seven, including Tesla (NASDAQ:TSLA). Over the same year-to-date stretch, Tesla shares have fallen 12.51%.
What ITA Actually Owns ITA is BlackRock’s iShares fund tracking large- and small-cap U.S. companies in the aerospace and defense industry. As of March 31, 2026, the fund managed $13.49 billion in net assets spread across 47 holdings. The portfolio is heavily concentrated at the top: the ten largest positions represent roughly 64% of assets.