ITA iShares U.S. Aerospace & Defense ETF

Last close: 68.98
504-day return: +44.86%
Median $/day: $126.6M
Relationships shown: 16

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

Same exposure: XAR, PPA move almost identically to ITA (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.

ITA vs MISL

Both indexed to 100 at 2026-05-11.

ITA MISL · range 86–112 · 2026-05-11 → 2026-11-06

Moves with ITA

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

MISL First Trust Indxx Aerospace & Defense ETF

ρ +0.90beyond mkt +0.80holdout +0.87stable 100%robust

NATO Themes ETF Trust Themes Transatlantic Defense ETF

ρ +0.87beyond mkt +0.77holdout +0.95stable 100%robust

RTX RTX Corporation

ρ +0.77beyond mkt +0.76holdout +0.76stable 100%robust

GE GE Aerospace

ρ +0.79beyond mkt +0.66holdout +0.83stable 100%robust

XLI State Street Industrial Select Sector SPDR ETF

ρ +0.76beyond mkt +0.59holdout +0.75stable 100%robust

SHLD Global X Defense Tech ETF

ρ +0.71beyond mkt +0.58holdout +0.71stable 100%robust

Moves against ITA

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.44beyond mkt -0.07holdout -0.41stable 100%robust

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.42beyond mkt +0.03holdout -0.40stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.35beyond mkt +0.02holdout -0.15stable 75%moderate

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.38beyond mkt +0.01holdout -0.34stable 88%robust

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

NXH Neighborhood Intelligence, Inc. Common Stock

horizon 10dρ +0.52holdout +0.36stable 62%moderate

STXS Stereotaxis, Inc. Common Stock

horizon 10dρ +0.47holdout +0.28stable 88%robust

RFIL RF Industries, Ltd. Common Stock

horizon 10dρ +0.43holdout +0.42stable 62%moderate

PSFE Paysafe Limited

horizon 5dρ +0.34holdout +0.25stable 75%robust

RDNT RadNet, Inc. Common Stock

horizon 5dρ +0.34holdout +0.36stable 88%robust

CGNT Cognyte Software Ltd. Ordinary Shares

horizon 5dρ +0.33holdout +0.39stable 88%robust

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

HZO MarineMax, Inc.

Δ -0.63recent -0.25prior +0.37beyond mkt +0.12

CURI CuriosityStream Inc. Class A Common Stock

Δ -0.61recent -0.34prior +0.27beyond mkt +0.01

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.59recent -0.16prior +0.43beyond mkt +0.08

MG Mistras Group Inc.

Δ -0.59recent -0.23prior +0.36beyond mkt -0.02

VALE VALE S.A.

Δ -0.56recent -0.34prior +0.22beyond mkt -0.08

VINP Vinci Compass Investments Ltd. Class A Common Shares

Δ -0.50recent -0.12prior +0.38beyond mkt +0.03

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
XLI State Street Industrial Select Sector SPDR ETF	+0.59	+0.76	14
GE GE Aerospace	+0.66	+0.79	17
EUAD Select STOXX Europe Aerospace & Defense ETF	+0.40	+0.55	10
ROKT State Street SPDR S&P Kensho Final Frontiers ETF	+0.51	+0.73	15
HWM Howmet Aerospace Inc.	+0.57	+0.74	17
KTOS Kratos Defense & Security Solutions, Inc. Common Stock	+0.49	+0.65	16