ETF comparison

ITAvsPPA

Both Industrials.

iShares U.S. Aerospace & Defense ETF · Invesco Aerospace & Defense ETF

Holdings overlap

Weighted by ISIN/CUSIP
65.8%

35 positions appear in both funds. Buying equal dollars of ITA and PPA would leave roughly65.8%of each dollar exposed to the same underlying securities.

ITA only 34.1%Shared 65.8%PPA only 34.5%
In ITA only
14 positions
Shared
35 positions
In PPA only
26 positions

Side by side

ITA

iShares U.S. Aerospace & Defense ETF

iShares · Industrials

68composite / 100
Expense ratio
0.37%
Net assets
$13.63B
TTM yield
0.49%
Top-10 conc.
75.1%
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

63
Cost
42
85
Tax efficiency
85
100
Liquidity
96
7
Concentration
33
Tracking quality
ITAsub-scorePPA

Tracking quality isn't part of the composite — seewhat we don't scorefor 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 thecost calculator pre-filled with ITA vs PPA.

Top shared holdings

35 shared in total
#HoldingIn ITAIn PPAOverlap
1THE BOEING COMPANY8.90%9.14%8.90%
2GENERAL ELECTRIC COMPANY22.61%7.87%7.87%
3RTX CORPORATION14.82%7.15%7.15%
4GENERAL DYNAMICS CORPORATION4.33%4.54%4.33%
5HOWMET AEROSPACE INC.4.50%4.19%4.19%
6LOCKHEED MARTIN CORPORATION4.05%6.41%4.05%
7Northrop Grumman Corporation3.92%4.47%3.92%
8L3HARRIS TECHNOLOGIES, INC.3.80%3.77%3.77%
9ROCKET LAB CORPORATION3.63%2.78%2.78%
10TRANSDIGM GROUP INCORPORATED4.59%2.63%2.63%
11CURTISS-WRIGHT CORPORATION1.96%1.73%1.73%
12AXON ENTERPRISE, INC.3.17%1.68%1.68%

Only in ITA

14 total
  • FTAI Aviation Ltd.1.95%
  • HEICO CORPORATION1.40%
  • VSE CORPORATION0.45%
  • Archer Aviation Inc0.21%
  • INTUITIVE MACHINES, INC.0.19%
  • ASTRONICS CORPORATION0.18%
  • 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

26 total
  • Honeywell International Inc.4.40%
  • Parker-Hannifin Corp.3.75%
  • Elbit Systems Ltd.3.59%
  • Eaton Corp. PLC2.36%
  • Amphenol Corp.2.34%
  • Palantir Technologies Inc.1.23%
  • Planet Labs PBC1.05%
  • Keysight Technologies, Inc.1.02%
  • Leidos Holdings, Inc.1.01%
  • CACI International Inc.0.89%

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 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.