ITAiShares U.S. Aerospace & Defense ETF
ITA Fund Description
The iShares Dow Jones U.S. Aerospace & Defense ETF tracks a market-cap-weighted index of US manufacturers, assemblers and distributors of airplane and defense equipment.
ITA Factset Analytics Insight
ITA delivers a reasonable representation of the aerospace & defense industry. The fund caps its holdings to meet diversification requirements, preventing completely unbiased exposure to an industry dominated by United Technologies, Boeing and Lockheed Martin. Our benchmark allocates over half its weight to these three firms; ITA allocates only about a quarter. It follows that ITA tilts smaller than our benchmark, with about half of its portfolio in mid- or small-caps. Concentration risk remains high despite the caps, reflecting the undiversified nature of the industry. The fund offers ample primary and secondary liquidity for investors of all sizes. 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. Overall, it's a solid, reliable ETF for aerospace and defense exposure.
ITA MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 19, 2018 the iShares U.S. Aerospace & Defense ETF MSCI ESG Fund Quality Score is 5.34 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ITA ranks in the 28th percentile within its peer group and in the 47th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
ITA CHARTS AND PERFORMANCE
ITA Top 10 Countries
ITA Top 10 Sectors
ITA Top 10 Holdings [View All]
ITA Portfolio Management
ITA Tax Exposures
ITA Fund Structure
ITA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ITA. ITA is rated a 5 out of 5.
ITA Sector/Industry Breakdown
ITA TOP 10 HOLDINGS[View All]
ITA Economic Development
ITA Performance Statistics
ITA MSCI ESG Ratings
ITA BENCHMARK COMPARISON SUMMARY
ITA BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.