the article is about a special kind of money thing called an ETF, which stands for Exchange Traded Fund. This ETF helps people put their money in companies that make airplanes, rockets, and things that help keep our country safe. The article talks about how good this ETF is and how it has made a lot of money for people who have put their money in it. The ETF is like a big team of companies, and the article talks about the best companies in that team that have made the most money. Read from source...
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DAN: The iShares U.S. Aerospace & Defense ETF (ITA) offers broad exposure to the aerospace and defense sector of the U.S. equity market. Launched in 2006, this passively managed ETF has amassed assets over $6.64 billion, making it one of the largest ETFs in the space. ITA seeks to match the performance of the Dow Jones U.S. Select Aerospace & Defense Index before fees and expenses. With an expense ratio of 0.40%, this ETF is cheaper than some of its peers. Looking at the individual holdings, Ge Aerospace (GE) accounts for about 18.43% of total assets, followed by RTX Corp (RTX) and Boeing (BA). The top 10 holdings account for about 76.93% of total assets under management. Year-to-date, the ITA return is roughly 15.22%, and it's up approximately 26.94% over the last 12 months. With a beta of 0.97 and standard deviation of 18.55% for the trailing three-year period, ITA is a medium-risk choice in the space.
Neutral
The iShares U.S. Aerospace & Defense ETF is a passively managed exchange traded fund that attempts to match the performance of the Industrials - Aerospace & Defense segment of the equity market. It is one of the largest ETFs in this space, with assets over $6.64 billion. Its heaviest allocation is in the Industrials sector, and its top holdings include GE Aerospace, RTX Corp, and Boeing. Year-to-date, the ETF has returned roughly 15.22%, making it a medium-risk choice in the space. Alternatives to consider include the SPDR S&P Aerospace & Defense ETF and the Invesco Aerospace & Defense ETF.
should you invest in the iShares U.S. Aerospace & Defense ETF ITA? With assets over $6.64 billion, ITA is a passively managed exchange traded fund that seeks to match the performance of the Dow Jones U.S. Select Aerospace & Defense Index. Industrials - Aerospace & Defense is one of the 16 broad Zacks sectors within the Zacks Industry classification. ITA is heavily allocated in the Industrials sector, and its top holdings include Ge Aerospace GE, RTX Corp RTX, and Boeing BA. Year-to-date, ITA has returned roughly 15.22%. With a beta of 0.97, ITA is a medium-risk choice in the space. Alternative ETFs in the space include SPDR S&P Aerospace & Defense ETF XAR and Invesco Aerospace & Defense ETF PPA.