iShares U.S. Aerospace & Defense ETF
ITA
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- May 5, 2006
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares U.S. Aerospace & Defense ETF (ITA) is an exchange-traded fund that seeks to track the investment results of the Dow Jones U.S. Select Aerospace & Defense Index, which comprises U.S. equities engaged in the design, manufacturing, and sale of civil and military aircraft, aircraft parts, defense electronics, and space equipment; its portfolio primarily consists of large-cap industrials sector holdings including GE Aerospace, RTX Corp., Boeing Co., Lockheed Martin Corp., and Northrop Grumman Corp., with approximately 40 holdings representing manufacturers, assemblers, and distributors of aerospace and defense products. The ETF provides targeted exposure to the U.S. aerospace and defense industry, serving institutional and retail investors seeking sector-specific equity investments; it operates with a net expense ratio of 0.38% and is domiciled in the United States. Issued by BlackRock under the iShares brand, ITA was launched on May 1, 2006, and lists on the Cboe BZX exchange (formerly NYSE Arca). ITA focuses on companies producing commercial and military aircraft, weapons systems, defense components, satellite technology, and related national security products, with top holdings accounting for significant weightings such as GE Aerospace at around 12%, RTX Corp. at 8%, and Boeing at 4% as of recent reports. Geographically, the fund concentrates on U.S.-based operations, reflecting over 99% allocation to domestic equities. It caters to investors interested in industrials sector growth driven by defense spending and commercial aviation recovery. In recent developments, the predecessor fund name iShares Dow Jones U.S. Aerospace & Defense Index Fund transitioned to the current iShares U.S. Aerospace & Defense ETF designation. BlackRock, the parent issuer, has expanded its defense-themed offerings in 2024-2025, launching complementary products such as the iShares Global Aerospace & Defence UCITS ETF (DFND) tracking S&P Developed BMI Select Aerospace & Defense index and the actively-managed iShares Defense ETF (IDEF) focusing on global security and cybersecurity trends. These initiatives build on ITA's established platform amid record global defense budgets exceeding $2.72 trillion in 2024, enhancing BlackRock's $45 billion active ETF franchise in related areas. The fund maintains its benchmark tracking without reported structural reorganizations or major acquisitions specific to ITA itself.