Any ITA holders out there? Just bought in. This ETF holds, in my opinion, one of the strong industry groups remaining in the U.S. However, I am not sure how well ITA will perform in a bear market. Possibly less downside?
I have long favored the defense contractors but have traded in and out of some of them with limited success, e.g., General Dynamics and Boeing. I think ITA is a good solution. I have looked at it before but not bought. I am in it for the long run. I will not trade it and hope to add to my position if it starts moving up instead of down.