ETF comparison
ITA vs PPA
Both Industrials.
iShares U.S. Aerospace & Defense ETF · Invesco Aerospace & Defense ETF
Holdings overlap
35 positions appear in both funds. Buying equal dollars of ITA and PPA would leave roughly 65.5% 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
ITA is 21 bps cheaper than PPA. On a $100,000 position that's about $210/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 ITA vs PPA.
Top shared holdings
35 shared in total| # | Holding | In ITA | In PPA | Overlap |
|---|---|---|---|---|
| 1 | RTX CORPORATION | 14.82% | 8.30% | 8.30% |
| 2 | GENERAL ELECTRIC COMPANY | 22.61% | 7.11% | 7.11% |
| 3 | THE BOEING COMPANY | 8.90% | 6.87% | 6.87% |
| 4 | HOWMET AEROSPACE INC. | 4.50% | 4.48% | 4.48% |
| 5 | GENERAL DYNAMICS CORPORATION | 4.33% | 4.96% | 4.33% |
| 6 | LOCKHEED MARTIN CORPORATION | 4.05% | 6.64% | 4.05% |
| 7 | Northrop Grumman Corporation | 3.92% | 4.75% | 3.92% |
| 8 | L3HARRIS TECHNOLOGIES, INC. | 3.80% | 3.83% | 3.80% |
| 9 | AXON ENTERPRISE, INC. | 3.17% | 3.20% | 3.17% |
| 10 | TRANSDIGM GROUP INCORPORATED | 4.59% | 3.09% | 3.09% |
| 11 | CURTISS-WRIGHT CORPORATION | 1.96% | 1.69% | 1.69% |
| 12 | CARPENTER TECHNOLOGY CORPORATION | 2.15% | 1.61% | 1.61% |
Only in ITA
14 total- FTAI Aviation Ltd. 1.95%
- HEICO CORPORATION 1.40%
- VSE CORPORATION 0.45%
- Archer Aviation Inc 0.21%
- INTUITIVE MACHINES, INC. 0.19%
- ASTRONICS CORPORATION 0.18%
- RED CAT HOLDINGS, INC. 0.10%
- SMITH & WESSON BRANDS, INC. 0.05%
- NATIONAL PRESTO INDUSTRIES, INC. 0.05%
- STURM, RUGER & COMPANY, INC. 0.04%
Only in PPA
27 total- Honeywell Aerospace Inc. 4.09%
- Parker-Hannifin Corp. 3.69%
- Elbit Systems Ltd. 3.49%
- Amphenol Corp. 2.52%
- Eaton Corp. PLC 2.15%
- Palantir Technologies Inc. 1.23%
- Leidos Holdings, Inc. 1.01%
- CACI International Inc. 0.88%
- Keysight Technologies, Inc. 0.85%
- Viasat, Inc. 0.85%
Related comparisons
More comparisons with ITA
- ITA vs XAR · State Street SPDR S&P Aerospace & Defense ETF 49.9%
- ITA vs SHLD · Global X Defense Tech ETF 28.7%
- ITA vs FIDU · Fidelity MSCI Industrials Index ETF 24.2%
- ITA vs XLI · State Street Industrial Select Sector SPDR ETF 24.0%
- ITA vs VIS · Vanguard Industrials Index Fund ETF Shares 23.0%
- ITA vs IYJ · iShares U.S. Industrials ETF 19.5%
More comparisons with PPA
- 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%
- PPA vs VIS · Vanguard Industrials Index Fund ETF Shares 27.2%
- PPA vs IYJ · iShares U.S. Industrials ETF 24.5%
Percentages are holdings overlap with the named fund.
Open ITA 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.