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Benzinga
Benzinga
Business
Piero Cingari

RARE PHOTOS: Forget tech trump just made defense the hottest trade on wall street | Rare Historical Photos

Defense stocks

While investors obsess over record highs in the S&P 500 and Nasdaq 100, one sector quietly crushed them both last quarter, and real money is pouring in fast.

In the first half of 2025, the iShares U.S. Aerospace & Defense ETF (NYSE:ITA) surged 25%, marking the fund's best half-year performance since inception. That's a 20 percentage point outperformance over the Vanguard S&P 500 ETF (NYSE:VOO) and 17 points above the tech-heavy Invesco QQQ Trust (NASDAQ:QQQ).

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