ETF comparison

PPA vs VIS

Both Industrials.

Invesco Aerospace & Defense ETF · Vanguard Industrials Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
30.7 %

46 positions appear in both funds. Buying equal dollars of PPA and VIS would leave roughly 30.7% of each dollar exposed to the same underlying securities.

PPA only 69.6% Shared 30.7% VIS only 68.9%
In PPA only
15 positions
Shared
46 positions
In VIS only
340 positions

Side by side

PPA

Invesco Aerospace & Defense ETF

Invesco · Industrials

63 composite / 100
Expense ratio
0.58%
Net assets
$8.32B
TTM yield
0.37%
Top-10 conc.
56.9%
VIS

Vanguard Industrials Index Fund ETF Shares

Vanguard · Industrials

88 composite / 100
Expense ratio
0.090%
Net assets
$9.03B
TTM yield
0.89%
Top-10 conc.
30.2%

Sub-score comparison

42
Cost
91
85
Tax efficiency
84
97
Liquidity
98
33
Concentration
71
Tracking quality
PPA sub-score VIS

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VIS is 49 bps cheaper than PPA. On a $100,000 position that's about $490/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 VIS.

Top shared holdings

46 shared in total
# Holding In PPA In VIS Overlap
1 General Electric Co. 7.87% 5.11% 5.11%
2 RTX Corp. 7.15% 3.82% 3.82%
3 Boeing Co. (The) 9.14% 2.50% 2.50%
4 Honeywell International Inc. 4.40% 2.18% 2.18%
5 Eaton Corp. PLC 2.36% 2.06% 2.06%
6 Lockheed Martin Corp. 6.41% 1.95% 1.95%
7 Parker-Hannifin Corp. 3.75% 1.80% 1.80%
8 Howmet Aerospace Inc. 4.19% 1.42% 1.42%
9 Northrop Grumman Corp. 4.47% 1.39% 1.39%
10 General Dynamics Corp. 4.54% 1.15% 1.15%
11 TransDigm Group Inc. 2.63% 1.03% 1.03%
12 L3Harris Technologies, Inc. 3.77% 0.96% 0.96%

Only in PPA

15 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%

Only in VIS

340 total
  • Caterpillar Inc 4.90%
  • GE Vernova Inc 3.35%
  • Deere & Co 2.28%
  • Uber Technologies Inc 2.10%
  • Union Pacific Corp 1.89%
  • Trane Technologies PLC 1.45%
  • Waste Management Inc 1.37%
  • Johnson Controls International plc 1.33%
  • Vertiv Holdings Co 1.30%
  • 3M Co 1.24%

Open PPA or VIS 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.