Ishares Aerospace Defense Etf Profile
| ITA Etf | USD 127.51 0.15 0.12% |
Performance10 of 100
| Odds Of DistressLess than 9
|
IShares Aerospace is trading at 127.51 as of the 18th of April 2024, a -0.12 percent decrease since the beginning of the trading day. The etf's open price was 127.66. IShares Aerospace has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for iShares Aerospace Defense are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The index measures the performance of the aerospace and defense sector of the U.S. equity market, as defined by SPDJI. US Aerospace is traded on BATS Exchange in the United States. More on iShares Aerospace Defense
Moving together with IShares Etf
| 0.97 | XLI | Industrial Select Sector | PairCorr |
| 0.98 | VIS | Vanguard Industrials | PairCorr |
| 0.85 | JETS | US Global Jets Buyout Trend | PairCorr |
| 0.97 | FXR | First Trust Industri | PairCorr |
| 0.98 | PPA | Invesco Aerospace Defense | PairCorr |
| 0.97 | IYJ | iShares Industrials ETF | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares Aerospace's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Aerospace or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Lee Kranefuss |
| Thematic Ideas | (View all Themes) |
| Old Names | [ITALCEMENTI, ITALCEMENTI - Dusseldorf Stock Exchang, ITALCEMENTI, ITALCEMENTI (ITA.SG), ITALCEMENTI - Frankfurt Stock Exchang] |
| Business Concentration | VN Index, Industrials ETFs, Sector ETFs, Industrials, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2006-05-01 |
| Benchmark | Dow Jones U.S. Select Aerospace & Defense Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 6 Billion |
| Average Trading Valume | 451,437.4 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Industrials |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Citibank, N.A. |
| Advisor | BlackRock Fund Advisors |
| Custodian | Citibank, N.A. |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Diane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason |
| Transfer Agent | Citibank, N.A. |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 39.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.39 |
| Management Fee | 0.39 |
| Country Name | USA |
| Returns Y T D | 1.04 |
| Name | iShares U.S. Aerospace Defense ETF |
| Currency Code | USD |
| Open Figi | BBG000PB38X0 |
| In Threey Volatility | 18.76 |
| 1y Volatility | 18.25 |
| 200 Day M A | 118.92 |
| 50 Day M A | 127.84 |
| Code | ITA |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
iShares Aerospace Defense [ITA] is traded in USA and was established 2006-05-01. The fund is classified under Industrials category within iShares family. The entity is thematically classified as Industrials ETFs. iShares Aerospace Defense currently have 3.39 B in assets under management (AUM). , while the total return for the last 3 years was 7.3%.
Check IShares Aerospace Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Aerospace Defense Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top iShares Aerospace Defense Etf Constituents
| LMT | Lockheed Martin | Stock | Industrials |
| TXT | Textron | Stock | Industrials |
| TDY | Teledyne Technologies Incorporated | Stock | Industrials |
| TDG | Transdigm Group Incorporated | Stock | Industrials |
| RTX | Raytheon Technologies Corp | Stock | Industrials |
| OTIS | Otis Worldwide Corp | Stock | Industrials |
| NOC | Northrop Grumman | Stock | Industrials |
IShares Aerospace Target Price Odds Analysis
What are IShares Aerospace's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of IShares Aerospace jumping above the current price in 90 days from now is about 35.72%. The iShares Aerospace Defense probability density function shows the probability of IShares Aerospace etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon IShares Aerospace has a beta of 0.5555. This usually indicates as returns on the market go up, IShares Aerospace average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding iShares Aerospace Defense will be expected to be much smaller as well. Additionally, iShares Aerospace Defense has an alpha of 0.0328, implying that it can generate a 0.0328 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of IShares Aerospace to move above the current price in 90 days from now is about 35.72 (This iShares Aerospace Defense probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares Aerospace Top Holders
| ETFCX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation |
| ETFAX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation |
| CAPTX | Canterbury Portfolio Thermostat | Mutual Fund | Tactical Allocation |
| ETFOX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation |
| ACMIX | Absolute Capital Defender | Mutual Fund | Tactical Allocation |
| ACMDX | Absolute Capital Defender | Mutual Fund | Tactical Allocation |
| ACMAX | Absolute Capital Defender | Mutual Fund | Tactical Allocation |
iShares Aerospace Defense Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Aerospace market risk premium is the additional return an investor will receive from holding IShares Aerospace long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Aerospace. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares Aerospace's alpha and beta are two of the key measurements used to evaluate IShares Aerospace's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0647 | |||
| Jensen Alpha | 0.0328 | |||
| Total Risk Alpha | 0.0098 | |||
| Sortino Ratio | 0.0176 |
IShares Aerospace Against Markets
Picking the right benchmark for IShares Aerospace etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares Aerospace etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares Aerospace is critical whether you are bullish or bearish towards iShares Aerospace Defense at a given time. Please also check how IShares Aerospace's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares Aerospace without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy IShares Etf?
Before investing in IShares Aerospace, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares Aerospace. To buy IShares Aerospace etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Aerospace. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares Aerospace etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Aerospace Defense etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iShares Aerospace Defense etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as iShares Aerospace Defense, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares Aerospace guide.
Already Invested in iShares Aerospace Defense?
The danger of trading iShares Aerospace Defense is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares Aerospace is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares Aerospace. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Aerospace Defense is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether iShares Aerospace Defense offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Aerospace's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Aerospace Defense Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Aerospace Defense Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Aerospace Defense. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of iShares Aerospace Defense is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Aerospace's value that differs from its market value or its book value, called intrinsic value, which is IShares Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Aerospace's market value can be influenced by many factors that don't directly affect IShares Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.