ITA vs PAVE
Comparison between ISHARES U.S. AEROSPACE & DEFENSE ETF (ITA, ETF) and GLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF (PAVE, ETF).
Both ITA and PAVE are from the Industrials sector.
5-Year PerformanceITA has outperformed PAVE, delivering a return of +17.5% compared to +17.1%
ITA vs PAVE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
ITA
$14B
PAVE
$13B
Expense Ratio
Winner
ITA
0.38%
PAVE
0.47%
Max Drawdown
ITA
60.16%
Winner
PAVE
44.08%
Sharpe Ratio
ITA
1.54
Winner
PAVE
1.83
5Y Beta
Winner
ITA
0.88
PAVE
1.07
P/E Ratio
ITA
49.96
Winner
PAVE
36.31
Forward P/E
ITA
32.09
Winner
PAVE
23.72
5Y Dividends CAGR
ITA
5.60%
Winner
PAVE
31.45%
5Y EPS CAGR
ITA
10.43%
Winner
PAVE
16.06%
Debt to Equity
ITA
112.72%
Winner
PAVE
38.69%
P/S Ratio
ITA
3.34
Winner
PAVE
2.55
P/B Ratio
ITA
6.54
Winner
PAVE
4.24
ITA vs PAVE - Holdings Comparison
ITA and PAVE have 5 common holdings. Overlap is 7.12%
ITA's top 25 holdings weight is 95.89%. PAVE's top 25 holdings weight is 63.36%.
| Rank | ITA | PAVE |
|---|---|---|
| #1 | GE AEROSPACE (GE) - 19.20% | QUANTA SERVICES INC (PWR) - 3.57% |
| #2 | RTX CORP (RTX) - 15.85% | TRANE TECHNOLOGIES PLC CLASS A (TT) - 3.40% |
| #3 | BOEING CO (BA) - 9.51% | EATON CORP PLC (ETN) - 3.39% |
| #4 | HOWMET AEROSPACE INC (HWM) - 4.71% | CSX CORP (CSX) - 3.34% |
| #5 | TRANSDIGM GROUP INC (TDG) - 4.70% | HOWMET AEROSPACE INC (HWM) - 3.34% |
| #6 | L3HARRIS TECHNOLOGIES INC (LHX) - 4.44% | DEERE & CO (DE) - 3.21% |
| #7 | GENERAL DYNAMICS CORP (GD) - 4.35% | SEMPRA (SRE) - 3.16% |
| #8 | NORTHROP GRUMMAN CORP (NOC) - 4.16% | UNION PACIFIC CORP (UNP) - 3.06% |
| #9 | LOCKHEED MARTIN CORP (LMT) - 4.15% | PARKER HANNIFIN CORP (PH) - 2.95% |
| #10 | ROCKET LAB CORP (RKLB) - 3.35% | NORFOLK SOUTHERN CORP (NSC) - 2.92% |
| #11 | AXON ENTERPRISE INC (AXON) - 2.53% | FASTENAL CO (FAST) - 2.80% |
| #12 | CURTISS-WRIGHT CORP (CW) - 2.14% | EMERSON ELECTRIC CO (EMR) - 2.71% |
| #13 | FTAI AVIATION LTD (FTAI) - 2.10% | ROCKWELL AUTOMATION INC (ROK) - 2.68% |
| #14 | WOODWARD INC (WWD) - 1.87% | CRH PLC (CRH) - 2.66% |
| #15 | CARPENTER TECHNOLOGY CORP (CRS) - 1.79% | NUCOR CORP (NUE) - 2.41% |
| #16 | ATI INC (ATI) - 1.77% | UNITED RENTALS INC (URI) - 2.27% |
| #17 | BWX TECHNOLOGIES INC (BWXT) - 1.66% | VULCAN MATERIALS CO (VMC) - 2.17% |
| #18 | HEICO CORP CLASS A (HEI-A) - 1.37% | MARTIN MARIETTA MATERIALS INC (MLM) - 2.10% |
| #19 | TEXTRON INC (TXT) - 1.27% | EMCOR GROUP INC (EME) - 2.02% |
| #20 | HUNTINGTON INGALLS INDUSTRIES INC (HII) - 1.22% | AMRIZE LTD REGISTERED SHARE (AMRZ) - 1.84% |
| #21 | KRATOS DEFENSE & SECURITY SOLUTIONS INC (KTOS) - 1.03% | HUBBELL INC (HUBB) - 1.61% |
| #22 | HEICO CORP (HEI) - 0.94% | MASTEC INC (MTZ) - 1.60% |
| #23 | MOOG INC CLASS A (MOG-A) - 0.72% | STEEL DYNAMICS INC (STLD) - 1.58% |
| #24 | HEXCEL CORP (HXL) - 0.54% | WOODWARD INC (WWD) - 1.34% |
| #25 | VSE CORP (VSEC) - 0.52% | ATI INC (ATI) - 1.23% |
| Total Holdings | 47 | 101 |
ITA vs PAVE - Historical Returns
Returns include dividend reinvestment.
1M
ITA
-1.59%
Winner
PAVE
+4.37%
3M
ITA
-2.08%
Winner
PAVE
+2.52%
6M
ITA
+7.42%
Winner
PAVE
+19.84%
1Y
ITA
+37.16%
Winner
PAVE
+38.53%
5Y(CAGR)
Winner
ITA
+17.46%
PAVE
+17.10%
10Y(CAGR)
ITA
+15.00%
Winner
PAVE
+16.63%
Max(CAGR)
ITA
+12.61%
Winner
PAVE
+16.63%
ITA vs PAVE - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | ITA | PAVE |
|---|---|---|
| 2026 | +1.86% | +16.77% |
| 2025 | +49.15% | +19.84% |
| 2024 | +16.89% | +19.14% |
| 2023 | +14.74% | +30.96% |
| 2022 | +8.94% | -6.23% |
| 2021 | +14.09% | +38.38% |
| 2020 | -15.63% | +19.91% |
| 2019 | +30.00% | +32.56% |
| 2018 | -7.37% | -20.25% |
| 2017 | +33.47% | +14.10% |
| 2016 | +21.75% | N/A |
| 2015 | +4.34% | N/A |
| 2014 | +11.12% | N/A |
| 2013 | +53.34% | N/A |
| 2012 | +12.40% | N/A |
| 2011 | +4.08% | N/A |
| 2010 | +13.72% | N/A |
| 2009 | +20.90% | N/A |
| 2008 | -37.47% | N/A |
| 2007 | +27.52% | N/A |
| 2006 | +3.14% | N/A |
ITA vs PAVE Drawdown Comparison
The maximum drawdown for ITA was -59.71%, occurring on Mar 9, 2009. Recovery took 1302 trading sessions.
The maximum drawdown for PAVE was -44.08%, occurring on Mar 23, 2020. Recovery took 182 trading sessions.
The current ITA drawdown is -9.75%. The current PAVE drawdown is -2.25%.
| Rank | ITA | PAVE |
|---|---|---|
| #1 | -59.71% Oct 9, 2007 - Dec 10, 2012 | -44.08% Jan 17, 2020 - Oct 7, 2020 |
| #2 | -51.00% Feb 12, 2020 - Feb 13, 2023 | -27.83% Jan 26, 2018 - Nov 26, 2019 |
| #3 | -25.45% Oct 3, 2018 - Jul 12, 2019 | -26.23% Nov 25, 2024 - Jul 23, 2025 |
| #4 | -17.17% Apr 10, 2015 - May 10, 2016 | -22.61% Jan 4, 2022 - Jan 31, 2023 |
| #5 | -15.82% Mar 2, 2026 - Mar 30, 2026 | -13.34% Sep 1, 2023 - Dec 13, 2023 |
| #6 | -15.17% Mar 25, 2025 - May 2, 2025 | -11.91% Feb 24, 2026 - Apr 23, 2026 |
| #7 | -13.24% May 5, 2006 - Nov 14, 2006 | -11.65% Mar 3, 2023 - Jun 15, 2023 |
| #8 | -12.52% Jul 11, 2023 - Nov 22, 2023 | -10.11% Jan 12, 2021 - Feb 24, 2021 |
| #9 | -10.86% Jun 9, 2014 - Nov 24, 2014 | -9.09% May 7, 2021 - Aug 11, 2021 |
| #10 | -9.44% Oct 27, 2025 - Dec 22, 2025 | -8.63% Jul 31, 2024 - Sep 19, 2024 |
| #11 | -8.81% Nov 11, 2024 - Jan 23, 2025 | -8.51% Aug 12, 2021 - Oct 25, 2021 |
| #12 | -8.79% Apr 19, 2018 - Jul 31, 2018 | -8.39% Mar 28, 2024 - Jul 16, 2024 |
| #13 | -7.86% Feb 1, 2018 - Feb 26, 2018 | -7.53% Mar 15, 2017 - Sep 19, 2017 |
| #14 | -7.81% Jul 19, 2007 - Sep 18, 2007 | -7.45% Nov 23, 2021 - Jan 4, 2022 |
| #15 | -7.58% Jan 22, 2014 - Mar 4, 2014 | -6.98% Oct 12, 2020 - Nov 3, 2020 |
Correlation
Correlation between ITA and PAVE is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.
0.93
-101
Dividend Comparison (2006 - 2026)
ITA vs PAVE dividend yield comparison.
| Year | ITA | PAVE |
|---|---|---|
| 2026 | 0.07% | 0.00% |
| 2025 | 0.55% | 0.92% |
| 2024 | 0.85% | 0.54% |
| 2023 | 0.93% | 0.68% |
| 2022 | 0.95% | 0.84% |
| 2021 | 0.82% | 0.48% |
| 2020 | 1.07% | 0.44% |
| 2019 | 1.54% | 0.67% |
| 2018 | 1.13% | 0.78% |
| 2017 | 0.91% | 0.30% |
| 2016 | 1.07% | 0.00% |
| 2015 | 1.04% | 0.00% |
| 2014 | 1.21% | 0.00% |
| 2013 | 1.13% | 0.00% |
| 2012 | 2.03% | 0.00% |
| 2011 | 1.10% | 0.00% |
| 2010 | 0.90% | 0.00% |
| 2009 | 1.32% | 0.00% |
| 2008 | 1.12% | 0.00% |
| 2007 | 0.38% | 0.00% |
| 2006 | 0.30% | 0.00% |
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