ETF comparison
FIDU vs PPA
Both Industrials.
Fidelity MSCI Industrials Index ETF · Invesco Aerospace & Defense ETF
Holdings overlap
48 positions appear in both funds. Buying equal dollars of FIDU and PPA would leave roughly 28.3% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for 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 the cost calculator pre-filled with FIDU vs PPA.
Top shared holdings
48 shared in total| # | Holding | In FIDU | In PPA | Overlap |
|---|---|---|---|---|
| 1 | General Electric Co | 4.37% | 7.87% | 4.37% |
| 2 | RTX Corp | 3.38% | 7.15% | 3.38% |
| 3 | Boeing Co/The | 2.56% | 9.14% | 2.56% |
| 4 | Eaton Corp PLC | 2.40% | 2.36% | 2.36% |
| 5 | Honeywell International Inc | 1.95% | 4.40% | 1.95% |
| 6 | Parker-Hannifin Corp | 1.64% | 3.75% | 1.64% |
| 7 | Lockheed Martin Corp | 1.54% | 6.41% | 1.54% |
| 8 | Howmet Aerospace Inc | 1.33% | 4.19% | 1.33% |
| 9 | General Dynamics Corp | 1.13% | 4.54% | 1.13% |
| 10 | Northrop Grumman Corp | 1.12% | 4.47% | 1.12% |
| 11 | TransDigm Group Inc | 0.93% | 2.63% | 0.93% |
| 12 | L3Harris Technologies Inc | 0.86% | 3.77% | 0.86% |
Only in FIDU
312 total- Caterpillar Inc 5.96%
- GE Vernova Inc 4.20%
- Union Pacific Corp 2.29%
- Deere & Co 2.17%
- Uber Technologies Inc 2.11%
- Vertiv Holdings Co 1.71%
- Trane Technologies PLC 1.56%
- Quanta Services Inc 1.55%
- Waste Management Inc 1.34%
- Cummins Inc 1.32%
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 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.