Is iShares' ITA or Tema's NASA the Better Aerospace ETF?
The iShares aerospace fund targets traditional defense. Tema focuses on the emerging space economy. Which aligns with your investment goals?
Overview
The iShares U.S. Aerospace & Defense ETF (NYSEMKT:ITA) provides established industrial exposure at a lower cost, while the Tema Space Innovators ETF (NYSEMKT:NASA) targets high-growth, niche space-related innovation.
While both funds look toward the skies, they operate on vastly different orbits. The Tema fund focuses on the burgeoning "new space" economy, including satellite communications, orbital infrastructure, and propulsion. In contrast, the iShares fund tracks a market-cap-weighted index of domestic companies strictly within the more traditional aviation and defense sectors.
Details
The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.