ETF comparison

FIDUvsPPA

Both Industrials.

Fidelity MSCI Industrials Index ETF · Invesco Aerospace & Defense ETF

Holdings overlap

Weighted by ISIN/CUSIP
28.3%

48 positions appear in both funds. Buying equal dollars of FIDU and PPA would leave roughly28.3%of each dollar exposed to the same underlying securities.

FIDU only 71.6%Shared 28.3%PPA only 72.0%
In FIDU only
312 positions
Shared
48 positions
In PPA only
13 positions

Side by side

FIDU

Fidelity MSCI Industrials Index ETF

Fidelity · Industrials

82composite / 100
Expense ratio
0.084%
Net assets
$2.28B
TTM yield
1.00%
Top-10 conc.
31.4%
PPA

Invesco Aerospace & Defense ETF

Invesco · Industrials

63composite / 100
Expense ratio
0.58%
Net assets
$8.03B
TTM yield
0.40%
Top-10 conc.
56.9%

Sub-score comparison

92
Cost
42
84
Tax efficiency
85
72
Liquidity
96
69
Concentration
33
Tracking quality
FIDUsub-scorePPA

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

FIDU is 50 bps cheaper than PPA. On a $100,000 position that's about $496/yr more in fees for PPA.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with FIDU vs PPA.

Top shared holdings

48 shared in total
#HoldingIn FIDUIn PPAOverlap
1General Electric Co4.37%7.87%4.37%
2RTX Corp3.38%7.15%3.38%
3Boeing Co/The2.56%9.14%2.56%
4Eaton Corp PLC2.40%2.36%2.36%
5Honeywell International Inc1.95%4.40%1.95%
6Parker-Hannifin Corp1.64%3.75%1.64%
7Lockheed Martin Corp1.54%6.41%1.54%
8Howmet Aerospace Inc1.33%4.19%1.33%
9General Dynamics Corp1.13%4.54%1.13%
10Northrop Grumman Corp1.12%4.47%1.12%
11TransDigm Group Inc0.93%2.63%0.93%
12L3Harris Technologies Inc0.86%3.77%0.86%

Only in FIDU

312 total
  • Caterpillar Inc5.96%
  • GE Vernova Inc4.20%
  • Union Pacific Corp2.29%
  • Deere & Co2.17%
  • Uber Technologies Inc2.11%
  • Vertiv Holdings Co1.71%
  • Trane Technologies PLC1.56%
  • Quanta Services Inc1.55%
  • Waste Management Inc1.34%
  • Cummins Inc1.32%

Only in PPA

13 total
  • Elbit Systems Ltd.3.59%
  • Amphenol Corp.2.34%
  • Palantir Technologies Inc.1.23%
  • Keysight Technologies, Inc.1.02%
  • Teledyne Technologies Inc.0.86%
  • CAE Inc.0.75%
  • Viasat, Inc.0.70%
  • TTM Technologies, Inc.0.67%
  • OSI Systems, Inc.0.32%
  • nLight, Inc.0.24%

Open FIDU 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 methodologyand 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.