Five ETFs to Watch This Week

NEW YORK ( TheStreet) -- A slew of earnings dominate the calendar this week. Here are the ETFs with large exposure to reports this week.

iShares Dow Jones U.S. Aerospace & Defense Index Fund ( ITA)

This fund has been a strong performer coming out of the stock market correction that finished in early February. Shares have bested the S&P 500 Index by about 3% since then.

Seven of the top 10 holdings, representing about 41% of assets, report earnings this week. Boeing ( BA) will grab the most attention and analysts have been slashing their estimates. Average earnings estimates of $1.06 per share from three months ago and 81 cents per share a week ago have tumbled to 65 cents per share.

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