ETF comparison
PPA vs SHLD
Both Industrials.
Holdings overlap
20 positions appear in both funds. Buying equal dollars of PPA and SHLD would leave roughly 39.3% 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
SHLD is 8 bps cheaper than PPA. On a $100,000 position that's about $80/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 PPA vs SHLD.
Top shared holdings
20 shared in total| # | Holding | In PPA | In SHLD | Overlap |
|---|---|---|---|---|
| 1 | RTX Corp. | 8.30% | 7.76% | 7.76% |
| 2 | Lockheed Martin Corp. | 6.64% | 8.42% | 6.64% |
| 3 | General Dynamics Corp. | 4.96% | 7.67% | 4.96% |
| 4 | Northrop Grumman Corp. | 4.75% | 4.23% | 4.23% |
| 5 | L3Harris Technologies, Inc. | 3.83% | 4.69% | 3.83% |
| 6 | Elbit Systems Ltd. | 3.49% | 4.13% | 3.49% |
| 7 | Palantir Technologies Inc. | 1.23% | 7.07% | 1.23% |
| 8 | Huntington Ingalls Industries, Inc. | 1.15% | 2.04% | 1.15% |
| 9 | Leidos Holdings, Inc. | 1.01% | 2.77% | 1.01% |
| 10 | BWX Technologies, Inc. | 0.93% | 3.05% | 0.93% |
| 11 | Moog Inc. | 0.78% | 1.70% | 0.78% |
| 12 | AeroVironment, Inc. | 0.75% | 1.32% | 0.75% |
Only in PPA
42 total- General Electric Co. 7.11%
- Boeing Co. (The) 6.87%
- Howmet Aerospace Inc. 4.48%
- Honeywell Aerospace Inc. 4.09%
- Parker-Hannifin Corp. 3.69%
- Axon Enterprise, Inc. 3.20%
- TransDigm Group Inc. 3.09%
- Amphenol Corp. 2.52%
- Eaton Corp. PLC 2.15%
- Curtiss-Wright Corp. 1.69%
Only in SHLD
28 total- Rheinmetall Aktiengesellschaft 5.76%
- BAE SYSTEMS PLC 4.88%
- HANWHA AEROSPACE CO., LTD. 4.40%
- LEONARDO - SOCIETA PER AZIONI 4.35%
- THALES SA 4.27%
- SAAB Aktiebolag 3.82%
- KOREA AEROSPACE INDUSTRIES, LTD. 1.34%
- BABCOCK INTERNATIONAL GROUP PLC 1.19%
- LIG Defense&Aerospace Co., Ltd 1.11%
- DASSAULT AVIATION SA 1.06%
Related comparisons
More comparisons with PPA
- 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%
- PPA vs PAVE · Global X U.S. Infrastructure Development ETF 11.6%
- PPA vs AIRR · First Trust RBA American Industrial RenaissanceTM ETF 4.8%
More comparisons with SHLD
- SHLD vs ITA · iShares U.S. Aerospace & Defense ETF 28.7%
- SHLD vs XAR · State Street SPDR S&P Aerospace & Defense ETF 25.1%
- SHLD vs XLI · State Street Industrial Select Sector SPDR ETF 10.3%
- SHLD vs FIDU · Fidelity MSCI Industrials Index ETF 10.1%
- SHLD vs VIS · Vanguard Industrials Index Fund ETF Shares 9.3%
- SHLD vs AIRR · First Trust RBA American Industrial RenaissanceTM ETF 8.8%
Percentages are holdings overlap with the named fund.
Open PPA or SHLD 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.