ETF comparison
AIRR vs PPA
Both Industrials.
First Trust RBA American Industrial RenaissanceTM ETF · Invesco Aerospace & Defense ETF
Holdings overlap
7 positions appear in both funds. Buying equal dollars of AIRR and PPA would leave roughly 4.8% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
PPA is 11 bps cheaper than AIRR. On a $100,000 position that's about $110/yr more in fees for AIRR.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with AIRR vs PPA.
Top shared holdings
7 shared in total| # | Holding | In AIRR | In PPA | Overlap |
|---|---|---|---|---|
| 1 | HUNTINGTON INGALLS INDUSTRIES INC | 2.44% | 1.15% | 1.15% |
| 2 | BWX TECHNOLOGIES INC | 2.97% | 0.93% | 0.93% |
| 3 | LEONARDO DRS INC | 0.77% | 0.99% | 0.77% |
| 4 | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 2.43% | 0.74% | 0.74% |
| 5 | MERCURY SYSTEMS INC | 1.24% | 0.54% | 0.54% |
| 6 | KARMAN HOLDINGS INC | 1.88% | 0.39% | 0.39% |
| 7 | OSHKOSH CORP | 1.60% | 0.28% | 0.28% |
Only in AIRR
45 total- STERLING INFRASTRUCTURE INC 6.00%
- ARGAN INC 4.73%
- COMFORT SYSTEMS USA INC 4.42%
- MASTEC INC 4.18%
- CH ROBINSON WORLDWIDE INC 4.08%
- OWENS CORNING 3.89%
- DYCOM INDUSTRIES INC 3.76%
- EMCOR GROUP INC 3.75%
- SAIA INC 3.53%
- POWELL INDUSTRIES INC 2.48%
Only in PPA
55 total- RTX Corp. 8.30%
- General Electric Co. 7.11%
- Boeing Co. (The) 6.87%
- Lockheed Martin Corp. 6.64%
- General Dynamics Corp. 4.96%
- Northrop Grumman Corp. 4.75%
- Howmet Aerospace Inc. 4.48%
- Honeywell Aerospace Inc. 4.09%
- L3Harris Technologies, Inc. 3.83%
- Parker-Hannifin Corp. 3.69%
Related comparisons
More comparisons with AIRR
- AIRR vs IYJ · iShares U.S. Industrials ETF 4.0%
- AIRR vs ITA · iShares U.S. Aerospace & Defense ETF 3.7%
- AIRR vs XLI · State Street Industrial Select Sector SPDR ETF 2.4%
- AIRR vs IGF · iShares Global Infrastructure ETF 0.0%
- AIRR vs JETS · U.S. Global Jets ETF 0.0%
- AIRR vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.0%
More comparisons with PPA
- PPA vs JETS · U.S. Global Jets ETF 4.5%
- PPA vs XLK · State Street Technology Select Sector SPDR ETF 2.9%
- PPA vs VGT · Vanguard Information Technology Index Fund ETF Shares 2.7%
- PPA vs IFRA · iShares U.S. Infrastructure ETF 2.3%
- PPA vs IGF · iShares Global Infrastructure ETF 0.0%
- PPA vs ITA · iShares U.S. Aerospace & Defense ETF 65.5%
Percentages are holdings overlap with the named fund.
Open AIRR or PPA at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.