The ETF tracking this sector, $ITA, is up 12% in just the last month, powering its way to all-time highs with impressive momentum.
Check out the explosive upside on the chart.
Breaking down the biggest contributors:
General Electric ($GE) – 21.04% weight
RTX Corporation ($RTX) – 12.42% weight
Boeing ($BA) – 9.94% weight
But it’s not just these giants pushing $ITA higher. Several smaller, lesser-weighted names (top left quadrant) are posting significant year-to-date gains.
Here’s a scatter plot of each component’s ETF weighting vs. YTD return.
While the broader market struggles to reclaim pre-tariff highs, Aerospace & Defense has blown past them.
And when you see relative strength like this, it rarely fades quickly.
A great example of this is the commodities complex. Gold is up +26% YTD and +43% over the last year.
This is a trend that's far from exhausting.
Our Chief Market Strategist, Steve Strazza, is hosting an event talking about his commodity playbook with Jason Perz at 1pm ET.
You can't miss this session for what's turning out to be one of the hottest spaces in the entire market right now!
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