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ITA vs JEDI

iShares U.S. Aerospace & Defense ETF

ITAACboe

Drone and Modern Warfare ETF

JEDIDNYSE Arca

Overlap

Expense ratio

ITA −0.62pt a year

ITA0.37%JEDI0.99%

Avg volume · 30D

ITA 4.1×the volume

ITA747KJEDI181K

ITA vs JEDI Performance

Oct 31, 2025 – Oct 30, 2026

−2.6%ITA−20.5%JEDI

Oct 31, 2025 to Oct 30, 2026. ITA −2.6%. JEDI −20.5%. Use the arrow keys to read each point.20%40%60%Oct 2025Apr 2026Oct 2026
Expense ratio
ITA 0.37%, better
JEDI 0.99%
Fund size
ITA $12.2B
JEDI $131M
1Y total return
ITA −2.6%, better
JEDI −20.5%
Yield (12M)
ITA 0.27%
JEDI No data
Holdings
ITA 52
JEDI 46
Avg volume (30D)
ITA 747K sh, better
JEDI 181K sh
NAV per share
ITA $209.66
JEDI $20.83
52W range

ETF.net Grade

ITA: Cost 80, Risk 61, Mission 76, Tradability 96, Holdings 34, Durability 98. JEDI: Cost 6, Risk 20, Mission not scored, Tradability 52, Holdings 68, Durability 66.
Pillar letters and Scores for ITA, JEDI, with each pillar’s weight
PillarITAJEDI
Cost30% weightA80HigherF6
Mission25% weightA76Not scored
Risk15% weightB61HigherF20
Tradability15% weightA96HigherC52
Holdings10% weightD34B68Higher
Durability5% weightA98HigherB66

Rank among Defense & Aerospace funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ITA and JEDI are both graded against the same 25 Defense & Aerospace funds, so their Grades compare head to head.

Defense & Aerospace⁠

Category · 25 funds
See all 25 ›

ITA ranks 2nd and JEDI 22nd of 25 funds in the Defense & Aerospace Category.

  1. Rank 1AXARState Street SPDR S&P Aerospace & Defense ETFScore 78
  2. Rank 2AITAiShares U.S. Aerospace & Defense ETFScore 74
  3. Rank 3BFLDZTrueShares Patriot Defense ETFScore 62
  4. Rank 21DAMMOVistaShares Defense Supercycle ETFScore 31
  5. Rank 22DJEDIDrone and Modern Warfare ETFScore 30
  6. Rank 23DWEPNNicholas Defense and Rare Earth Income ETFScore 29

Our read on each fund

ETF.net Research

ITAAiShares U.S. Aerospace & Defense ETF

JEDIDDrone and Modern Warfare ETF

In short

ITA The 2006 original in aerospace and defense, and still the anchor fund of the category. It follows a market-cap-weighted index of U.S. aircraft, parts and weapons makers, so the big primes carry most of the weight.

JEDI Pure-play drone warfare: about 50 developed-market names earning at least half their revenue from military drones, unmanned systems, AI warfare and satellites. It also won room in 2026 to hold private defense tech, up to 15% of assets.

Stated mandate

ITA The fund is designed to follow an index of U.S. equity companies focused on aerospace and defense.

JEDI The Fund seeks to track, before fees and expenses, the total return of the BITA Drone & Modern Warfare Select Index.

Why people hold it

  • ITA Charges 0.37% a year, below the typical defense-fund fee and a whisker off the cheapest large rival, XAR at 0.35%.
  • Trading since 2006 and now a multi-billion-dollar, actively traded fund: the long-standing incumbent in U.S. aerospace and defense.
  • The index weights by market cap but caps any single company's weight, so the biggest primes lead without swallowing the whole portfolio.spglobal.com
  • One of the strongest builds in a crowded defense peer group, with a plain-vanilla index mandate and quarterly payouts.
  • JEDI Unusual for an index fund: up to 15% of assets can sit in privately issued defense-tech shares, held directly or via single-asset SPVs run by unaffiliated sponsors.defianceetfs.comglobenewswire.com
  • Pure play by construction: index names must draw at least 50% of revenue from drones, unmanned systems, electronic warfare, ISR, military satellites, cyber or eVTOL.sec.govdefianceetfs.com
  • Weighted by a liquidity-momentum factor rather than raw market cap, rescreened semi-annually, with room to add fresh IPOs between rebalances.sec.gov
  • Any private position is disclosed in the fund's daily holdings file, same as the listed names.globenewswire.com

Worth knowing

  • ITA About 50 stocks, cap-weighted: a few primes drive most of the ride. XAR's modified equal weight spreads exposure further down the size ladder.ssga.com
  • One U.S. industry, running on two engines: government procurement and commercial aircraft demand. Narrower than a broad-market fund by design.ishares.com
  • Holds a representative sample of the index rather than every constituent, which can leave small gaps versus the benchmark.sec.gov
  • JEDI Fees run 0.99%, above the defense category median and above broad peers XAR (0.35%) and ITA (0.37%). Niche access is what the premium buys.
  • Private holdings count as illiquid under Rule 22e-4 and are valued by the adviser, not a live market. That sleeve is capped at 15% of net assets.defianceetfs.comglobenewswire.com
  • A 2025 launch, so the record is short, and about 50 non-diversified names in one theme means a single headline can swing it.barchart.com

Full ITA profile⁠

Full JEDI profile⁠

ITA vs JEDI Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ITA vs JEDI Cost

Overpaying JEDI vs ITA

$11,012

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ITA 0.37%

    $7,513

  • JEDI 0.99%

    $18,525

$10,000
30 years

Cost over time

  • ITA 0.37%
  • JEDI 0.99%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530JEDI $18,525ITA $7,513

Year by year

YearITAJEDIOverpaying
10$670$1,746$1,076
20$2,590$6,565$3,975
30$7,513$18,525$11,012

Expense ratio

  • 0.37%ITA, cheaper
  • 0.99%JEDI
  • Middle half of Defense & Aerospace funds
  • Median 0.50%

ITA 5th cheapest of 25 funds

JEDI 23rd cheapest of 25 funds

ITA vs JEDI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ITA 0.27%
JEDI No data
Payout (12M)
ITA $0.57
JEDI None
Last payment
ITA $0.25
JEDI No data
Ex-dividend
ITA Sep 15, 2026
JEDI No data
Paid on
ITA Sep 18, 2026
JEDI No data
Frequency
ITA Quarterly
JEDI No data

Distribution history

Per share, 2017 to 2026, same scale for both

ITAQuarterly · 39 paymentsAll ITA payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.16; Jun 27, 2017 $0.19; Sep 26, 2017 $0.35; Dec 19, 2017 $0.16; Mar 22, 2018 $0.21; Jun 26, 2018 $0.22; Sep 26, 2018 $0.43; Dec 17, 2018 $0.11; Mar 20, 2019 $0.29; Jun 17, 2019 $0.31; Sep 24, 2019 $0.29; Dec 16, 2019 $0.53; Dec 30, 2019 $0.29; Mar 25, 2020 $0.39; Jun 15, 2020 $0.21; Sep 23, 2020 $0.20; Dec 14, 2020 $0.20; Mar 25, 2021 $0.32; Jun 10, 2021 $0.19; Sep 24, 2021 $0.18; Dec 13, 2021 $0.16; Mar 24, 2022 $0.16; Jun 9, 2022 $0.28; Sep 26, 2022 $0.38; Dec 13, 2022 $0.24; Mar 23, 2023 $0.28; Jun 7, 2023 $0.24; Sep 26, 2023 $0.22; Dec 20, 2023 $0.43; Mar 21, 2024 $0.27; Jun 11, 2024 $0.30; Sep 25, 2024 $0.23; Dec 17, 2024 $0.44; Mar 18, 2025 $0.25; Jun 16, 2025 $0.17; Sep 16, 2025 $0.75; Mar 17, 2026 $0.15; Jun 15, 2026 $0.16; Sep 15, 2026 $0.25. Use the arrow keys to read each point.$0$0.502017202020232026YTD
JEDIAll JEDI payments⁠

No distribution history available.

ITA vs JEDI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ITA 18.5%JEDI 68.3%since Oct 2025
Return per unit of riskSharpe ratio, 3 years
ITA 1.06JEDI −0.07since Oct 2025
Worst fallMax drawdown, 5 years
ITA −20.0%JEDI −52.5%since Sep 2025
Market sensitivityBeta, 5 years
ITA 0.98JEDI 2.73

ITA and JEDI in the news

All news⁠

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