ITA vs SHLD overlap - what they share and where they differ

ITA and SHLD share 28.7% of their weight across 15 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

ITA and SHLD

28.7%

15 shared positions

ITA

iShares U.S. Aerospace & Defense ETF

Reported positions cover 100% of the fund, 47 positions · Jun 30, 2026

Top 10: 75.2%·Holdings of ITA

SHLD

Global X Defense Tech ETF

Reported positions cover 100% of the fund, 48 positions · May 31, 2026

Top 10: 59.3%·Holdings of SHLD

Reported positions cover ITA 100%, SHLD 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

SHLD vs ITA side by side

ITAiShares U.S. Aerospace & Defense ETF

47

stock positions reported to the SEC

64.2% of its weight is in 32 names SHLD does not hold

SHLDGlobal X Defense Tech ETF

48

stock positions reported to the SEC

54.2% of its weight is in 33 names ITA does not hold

Where each fund's weight sits

ITA
SHLD
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Industrials
58.5%
43.3%
Technology
6.4%
19.1%
Basic Materials
12.4%
0.1%
Consumer Cyclical
0.0%
5.8%
Healthcare
0.1%
0.0%
Financial Services
0.0%
0.0%

The widest gap is Industrials: ITA has 15.2 points more of it.

The figures side by side

ITASHLD
Filing dateJun 30, 2026May 31, 2026
Stock positions reported4748
Weight of the ten largest75.2%59.3%
Largest positionGENERAL ELECTRIC COMPANY 22.6%LMT 8.4%
Held alone32 positions, 64.2%33 positions, 54.2%
Covered by stock positions100%100%

Holdings they share

StockIn ITAIn SHLDCounted
RTXRTX CORPORATION14.82%7.76%7.76%
GDGENERAL DYNAMICS CORPORATION4.33%7.67%4.33%
LMTLOCKHEED MARTIN CORPORATION4.05%8.42%4.05%
NOCNorthrop Grumman Corporation3.92%4.23%3.92%
LHXL3HARRIS TECHNOLOGIES, INC.3.80%4.69%3.80%
BWXTBWX TECHNOLOGIES, INC.1.25%3.05%1.25%
MOG.AMOOG INC.0.85%1.70%0.85%
HIIHUNTINGTON INGALLS INDUSTRIES, INC.0.77%2.04%0.77%
KTOSKRATOS DEFENSE & SECURITY SOLUTIONS, INC.0.66%1.81%0.66%
MRCYMERCURY SYSTEMS, INC.0.45%1.13%0.45%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in ITA

GENERAL ELECTRIC COMPANY22.61%
BATHE BOEING COMPANY8.90%
TDGTRANSDIGM GROUP INCORPORATED4.59%
HWMHOWMET AEROSPACE INC.4.50%
RKLBROCKET LAB CORPORATION3.63%
AXONAXON ENTERPRISE, INC.3.17%
HEIHEICO CORPORATION2.41%
CRSCARPENTER TECHNOLOGY CORPORATION2.15%
CWCURTISS-WRIGHT CORPORATION1.96%
FTAIFTAI Aviation Ltd.1.95%

Only in SHLD

PLTRPALANTIR TECHNOLOGIES INC.7.07%
RHRheinmetall Aktiengesellschaft5.76%
BAE SYSTEMS PLC4.88%
HANWHA AEROSPACE CO., LTD.4.40%
LEONARDO - SOCIETA PER AZIONI4.35%
THALES SA4.27%
ESLTELBIT SYSTEMS LTD4.13%
SAAB AKTIEBOLAG3.82%
LDOSLEIDOS HOLDINGS, INC.2.77%
KOREA AEROSPACE INDUSTRIES, LTD.1.34%

Questions people ask

Is ITA the same as SHLD?

28.7% of their weight sits in the same 15 holdings. ITA also reports GENERAL ELECTRIC COMPANY, BA, TDG, which the other does not. SHLD also reports PLTR, RH, BAE SYSTEMS PLC, which the other does not.

How is the overlap between ITA and SHLD measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of ITA and 100% of SHLD, so the number cannot exceed the smaller coverage.

Which holds more, SHLD or ITA?

ITA reports 47 stock positions and SHLD reports 48. 64.2% of ITA's weight sits in names SHLD does not hold, and 54.2% of SHLD's weight in names ITA does not hold. The ten largest positions are 75.2% of ITA and 59.3% of SHLD.

How do ITA and SHLD differ by sector?

The widest gap is Industrials: ITA has 15.2 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.