Blackrock Aerospace And Defense ETF | ITA

Medium RiskEquity
Blackrock Aerospace And Defense ETF
Issued by:iShares by Blackrock
Index : BATS
Unit Price (NAV) :
$
Minimum investment: 1 unit
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Blackrock Aerospace And Defense ETF | ITA

Blackrock Aerospace And Defense ETF | ITA

About ITA ETF

BLACKROCK AEROSPACE AND DEFENSE ETF (ITA) offers exposure to the aerospace & defense industry. The fund caps its holdings to meet diversification requirements, preventing heavy allocation to United Technologies, Boeing and Lockheed Martin. The benchmark has more than 50% exposure to these three firms whereas ITA has only about 25%. Hence, ITA tilts towards small and mid-caps compared to the benchmark Defense/Aerospace ETF ITA Continues Flying High The Aerospace & Defense Sector Is Hotter Than Ever (ITA) About the Fund Manager: Founded in 1988, Blackrock is the largest asset manager in the world managing $6.28T. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank. How did we identify this ETF: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. ITA offers ample primary and secondary liquidity. Spreads are generally tight and block trades are easy to execute. While ITA's fee isn't cheap, it compares well within its segment and excellent tracking means that its holding costs should be in line with ITA's expense ratio. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.

Returns

ITA Charts
Lifetime12.59%p.a.
52 Week High: $|52 Week Low: $
PerformanceYTD1Y3Y5Y10Y
Blackrock Aerospace And Defense ETF12.03%37.48%3.91%13.89%14.23%

Asset Class

Asset type breakdown
Stock US99.90%
Cash0.10%

ITA Holdings - Top 10

NameiWeightage (%)
The Boeing Company18.96%
Raytheon Technologies Corporation18.42%
Lockheed Martin Corporation5.24%
General Dynamics Corporation4.81%
TransDigm Group Incorporated4.39%
L3Harris Technologies, Inc4.38%
Northrop Grumman Corporation4.35%
Teledyne Technologies Incorporated4.26%
Textron Inc3.62%
Howmet Aerospace Inc3.44%

ITA Sectors/Industry Breakdown

Sectori% of market value
Industrials94.93%
Technology5.07%

ITA Countries

Countryi% of market value
North America100%

Projected Returns

Investment ofper month
gives returns of :
at 11.03% / annum
$in 10 years
amount
for a time period of
time1Y3Y5Y10Y
Returnsbased on historic SIP returns of 11.03% per annum
$
$
$+ 11.03

ITA Summary Data

Total Net Assets $i
Average Mkt Cap Mil $i
Symbol ITA
Exchange BATS
ISIN US4642887602
Cat. Benchmark MSCI ACWI NR USD
Asset class Equity
Category Industrials
Country US

ITA Portfolio Data & Volatility Analysis

Net Expense Ratio 0.42i
Beta 1.37i
Valuations Rates Portfolio PE 28.06815i
3 Year Standard Deviation 29.23i

Fund Strategy

The investment seeks to track the investment results of the Dow Jones U.S. Select Aerospace & Defense Index composed of U.S. equities in the aerospace and defense sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the aerospace and defense sector of the U.S. equity market. Aerospace companies in the index include manufacturers, assemblers and distributors of aircraft and aircraft parts.

ITA Fact Sheets & Reports

About iShares by Blackrock

"iShares" is a gathering of ETFs managed by Blackrock. Blackrock is an American investment management corporation founded in 1988. Some iShares ETFs are actively managed but most funds track a bond or share market index.

Blackrock Aerospace And Defense ETF | ITA