The Winning Stock Funds This Time Weren’t Tech. They Were Energy.
Published . Updated .
Stock and bond fund returns for the quarter were bad nearly everywhere you looked, our columnist says. Energy stocks, lifted by the war with Iran, were an exception.
Directly affected
- No company is named in this report.
Indirectly affected
- FRO Frontline
Tanker operators earn more when freight rates spike
- INSW International Seaways
Tanker operators earn more when freight rates spike
- DHT DHT Holdings
Tanker operators earn more when freight rates spike
- TNK Teekay Tankers
Tanker operators earn more when freight rates spike
- USO United States Oil Fund
Oil prices move when Iranian supply is at risk
- XLE Energy Select Sector SPDR
Energy companies move with Iran supply risk
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
Stock and bond fund returns for the quarter were bad nearly everywhere you looked, our columnist says. Energy stocks, lifted by the war with Iran, were an exception.
Source: The New York Times
Price since this story was published: IShares U.S. Aerospace & Defense ETF (ITA)
Since the first closing price after “The Winning Stock Funds This Time Weren’t Tech. They Were Energy.,” IShares U.S. Aerospace & Defense ETF (ITA) is +0.73%. The S&P 500 fund (SPY) is -1.47% over the same days, a +2.20% difference versus the market. industrial stocks (XLI) is -1.43%, a +2.15% difference versus that group of stocks.
| Company | When | Move | Status |
|---|---|---|---|
| BA | that day | +1.45% | final price |
| BA | the next day | +0.94% | final price |
| BA | two days later | -0.64% | final price |
| BA | three days later | -1.68% | final price |
| BA | three days earlier | +1.13% | final price |
| BA | five days earlier | +3.10% | final price |
| CVX | that day | +0.20% | final price |
| CVX | the next day | +1.64% | final price |
| CVX | two days later | +2.96% | final price |
| CVX | three days later | +4.98% | final price |
| CVX | three days earlier | -1.87% | final price |
| CVX | five days earlier | -2.29% | final price |
| Ishares China Large-Cap Etf (FXI) | that day | +2.36% | final price |
| Ishares China Large-Cap Etf (FXI) | the next day | +1.99% | final price |
| Ishares China Large-Cap Etf (FXI) | two days later | +2.14% | final price |
| Ishares China Large-Cap Etf (FXI) | three days later | +1.23% | final price |
| Ishares China Large-Cap Etf (FXI) | three days earlier | +0.88% | final price |
| Ishares China Large-Cap Etf (FXI) | five days earlier | -0.76% | final price |
| GD | that day | +0.44% | final price |
| GD | the next day | +1.58% | final price |
| GD | two days later | +0.79% | final price |
| GD | three days later | +1.43% | final price |
| GD | three days earlier | +0.45% | final price |
| GD | five days earlier | +0.04% | final price |
| Spdr Gold Trust (GLD) | that day | +1.57% | final price |
| Spdr Gold Trust (GLD) | the next day | +0.93% | final price |
| Spdr Gold Trust (GLD) | two days later | +0.80% | final price |
| Spdr Gold Trust (GLD) | three days later | -0.70% | final price |
| Spdr Gold Trust (GLD) | three days earlier | +0.96% | final price |
| Spdr Gold Trust (GLD) | five days earlier | +0.41% | final price |
Filings that name IShares U.S. Aerospace & Defense ETF (ITA) around 11 Oct 2026
- April McClain Delaney sell Life Time Group Holdings (LTH) ($100,001 - $250,000). That is 47 days before publication, inside 60 days. The filing is listed beside the story “The Winning Stock Funds This Time Weren’t Tech. They Were Energy..”
- April McClain Delaney buy Life Time Group Holdings (LTH) ($1,001 - $15,000). That is 48 days before publication, inside 60 days. The filing is listed beside the story “The Winning Stock Funds This Time Weren’t Tech. They Were Energy..”
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
IShares U.S. Aerospace & Defense ETF (ITA) on one side of this defense story
Companies carried with this story
- ITA IShares U.S. Aerospace & Defense ETF
In “The Winning Stock Funds This Time Weren’t Tech. They Were Energy.,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can alter defense demand expectations and risk premia
- XAR Spdr Series Trust
In “The Winning Stock Funds This Time Weren’t Tech. They Were Energy.,” Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can alter defense demand expectations and risk premia
- QID Proshares Tr
Proshares Tr (QID) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “The Winning Stock Funds This Time Weren’t Tech. They Were Energy..” Reason on file: GA selected QID as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- TUR Ishares
For “The Winning Stock Funds This Time Weren’t Tech. They Were Energy.,” Ishares (TUR) is linked, with no stored direction, medium confidence. Reason on file: GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- SLV iShares Silver Trust
iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “The Winning Stock Funds This Time Weren’t Tech. They Were Energy..” Reason on file: GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- XLI Select Sector Spdr Tr
Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “The Winning Stock Funds This Time Weren’t Tech. They Were Energy..” Reason on file: GA selected XLI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FXI Ishares China Large-Cap Etf
Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “The Winning Stock Funds This Time Weren’t Tech. They Were Energy..” Reason on file: GA selected FXI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- LTH Life Time Group Holdings
Life Time Group Holdings (LTH) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “The Winning Stock Funds This Time Weren’t Tech. They Were Energy..” Reason on file: GA selected LTH as a RELATED security because its canonical security name directly matches this event's themes: stock, time. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How defense news reaches IShares U.S. Aerospace & Defense ETF (ITA)
The 11 Oct 2026 story “The Winning Stock Funds This Time Weren’t Tech. They Were Energy.” names IShares U.S. Aerospace & Defense ETF (ITA) because of Defense.
The link for IShares U.S. Aerospace & Defense ETF (ITA) is this: Material security escalation can alter defense demand expectations and risk premia
A second company, Spdr Series Trust (XAR), is listed for a different reason: Material security escalation can alter defense demand expectations and risk premia
Dates and price levels for IShares U.S. Aerospace & Defense ETF (ITA)
ITA traded between 201.08 and 217.79 across 20 sessions. The latest close on file is 207.60. QID traded between 12.41 and 14.82 across 12 sessions. The latest close on file is 14.00. XAR traded between 216.28 and 245.40 across 20 sessions. The latest close on file is 223.20.
The defense score for IShares U.S. Aerospace & Defense ETF (ITA)
46 out of 100
“The Winning Stock Funds This Time Weren’t Tech. They Were Energy.” scores 46 out of 100. The score uses 1 sources, and 11 linked companies.