ITA vs. ARKX: Proven Defense Contractors Against an Active Bet on the Space Economy
Explore how portfolio composition and management style set these funds apart for investors seeking aerospace and innovation exposure.
ITA vs. ARKX: Proven Defense Contractors Against an Active Bet on the Space Economy
Overview
The iShares U.S. Aerospace & Defense ETF (NYSEMKT:ITA) provides established, low-cost exposure to traditional U.S. defense contractors, while the ARK Space & Defense Innovation ETF (NYSEMKT:ARKX) offers an actively managed, tech-heavy approach to global orbital exploration.
Investors looking at these funds are often targeting the intersection of national security and aerospace technology. The iShares fund tracks a market-cap-weighted index of domestic aerospace firms and manages a massive $13.6 billion in assets under management (AUM). In contrast, the ARK fund takes a smaller, more thematic approach with ~$717.3 million in AUM, focusing on companies that enable space innovation regardless of their primary industry classification.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months.
Source
Originally published at www.fool.com.
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