ETF comparison
IFRA vs PPA
Both Industrials.
iShares U.S. Infrastructure ETF · Invesco Aerospace & Defense ETF
Holdings overlap
3 positions appear in both funds. Buying equal dollars of IFRA and PPA would leave roughly 2.3% 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
IFRA is 28 bps cheaper than PPA. On a $100,000 position that's about $280/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 IFRA vs PPA.
Top shared holdings
3 shared in total| # | Holding | In IFRA | In PPA | Overlap |
|---|---|---|---|---|
| 1 | CARPENTER TECHNOLOGY CORPORATION | 1.05% | 1.61% | 1.05% |
| 2 | ATI INC | 0.94% | 1.56% | 0.94% |
| 3 | OSHKOSH CORPORATION | 0.33% | 0.28% | 0.28% |
Only in IFRA
158 total- CATERPILLAR INC. 4.57%
- NEXTERA ENERGY, INC. 3.97%
- UNION PACIFIC CORPORATION 3.87%
- QUANTA SERVICES, INC. 3.77%
- CSX Corporation 3.10%
- THE SOUTHERN COMPANY 2.92%
- DUKE ENERGY CORPORATION 2.67%
- CRH PUBLIC LIMITED COMPANY 2.51%
- UNITED RENTALS, INC. 2.48%
- NORFOLK SOUTHERN CORPORATION 2.48%
Only in PPA
59 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 IFRA
- IFRA vs ITA · iShares U.S. Aerospace & Defense ETF 2.0%
- IFRA vs XAR · State Street SPDR S&P Aerospace & Defense ETF 2.0%
- IFRA vs JETS · U.S. Global Jets ETF 0.0%
- IFRA vs SHLD · Global X Defense Tech ETF 0.0%
- IFRA vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.0%
- IFRA vs XLK · State Street Technology Select Sector SPDR ETF 0.0%
More comparisons with PPA
- PPA vs IGF · iShares Global Infrastructure ETF 0.0%
- PPA vs ITA · iShares U.S. Aerospace & Defense ETF 65.5%
- PPA vs XAR · State Street SPDR S&P Aerospace & Defense ETF 47.6%
- PPA vs SHLD · Global X Defense Tech ETF 39.3%
- PPA vs XLI · State Street Industrial Select Sector SPDR ETF 29.8%
- PPA vs FIDU · Fidelity MSCI Industrials Index ETF 29.1%
Percentages are holdings overlap with the named fund.
Open IFRA 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.