Published on 24 Mar 2023 on Zacks via Yahoo Finance
Should You Invest in the iShares U.S. Aerospace & Defense ETF (ITA)?
Launched on 05/01/2006, the iShares U.S. Aerospace & Defense ETF (ITA) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Aerospace & Defense segment of the equity market.
While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.
Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Industrials - Aerospace & Defense is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 2, placing it in top 13%.