Snapshot*
Top 10 Holdings
What is ITA?
The iShares Dow Jones U.S. Aerospace & Defense Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Aerospace & Defense Index.
ETFs related toITA
ETFs correlated to ITA include DFEN, PPA, XAR
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toITA
Diversify with Sin Stocks
Pick the Trending Sector
Create your own algorithmic trading strategy with ITA using Composer
News Related to ITA
RTX's Raytheon Wins $580M Production Contract From The U.S. Navy For Next Generation Jammer Mid-Band System
May 16, 2025 • by Benzinga NewsdeskTawazun, RTX, And EGA Partner To Establish UAE As World's Second-Largest Gallium Producer, Boosting Global Tech And Defense Supply Chains
May 16, 2025 • by Benzinga NewsdeskWhite House Fact Sheet Says Amazon Web Services And UAE Cybersecurity Council Have Launched A Sovereign Cloud Launchpad; RTX Partnering With Emirates' Global Aluminum And UAE's Tawazun Council On Gallium Critical Minerals Project
May 15, 2025 • by Benzinga NewsdeskTrump Secures $1.2 Trillion Qatar Deal As Boeing, GE Land Record Orders
May 15, 2025 • by Piero Cingari
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.