ETF comparison
PPAvsXAR
Both Industrials.
Invesco Aerospace & Defense ETF · State Street SPDR S&P Aerospace & Defense ETF
Holdings overlap
35 positions appear in both funds. Buying equal dollars of PPA and XAR would leave roughly46.1%of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — seewhat we don't scorefor why.
Cost difference
XAR is 23 bps cheaper than PPA. On a $100,000 position that's about $230/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 PPA vs XAR.
Top shared holdings
35 shared in total| # | Holding | In PPA | In XAR | Overlap |
|---|---|---|---|---|
| 1 | General Electric Co. | 7.87% | 3.02% | 3.02% |
| 2 | Howmet Aerospace Inc. | 4.19% | 2.77% | 2.77% |
| 3 | RTX Corp. | 7.15% | 2.75% | 2.75% |
| 4 | General Dynamics Corp. | 4.54% | 2.67% | 2.67% |
| 5 | Boeing Co. (The) | 9.14% | 2.67% | 2.67% |
| 6 | TransDigm Group Inc. | 2.63% | 2.83% | 2.63% |
| 7 | Lockheed Martin Corp. | 6.41% | 2.50% | 2.50% |
| 8 | Rocket Lab Corp. | 2.78% | 2.49% | 2.49% |
| 9 | L3Harris Technologies, Inc. | 3.77% | 2.47% | 2.47% |
| 10 | Northrop Grumman Corp. | 4.47% | 2.42% | 2.42% |
| 11 | Curtiss-Wright Corp. | 1.73% | 2.71% | 1.73% |
| 12 | Axon Enterprise, Inc. | 1.68% | 3.22% | 1.68% |
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%
Only in XAR
14 total- VSE Corp3.40%
- FTAI Aviation Ltd3.08%
- Archer Aviation Inc2.41%
- Intuitive Machines Inc2.08%
- Astronics Corp1.66%
- Red Cat Holdings Inc1.33%
- Satellogic Inc0.48%
- National Presto Industries Inc0.46%
- Beta Technologies Inc0.43%
- York Space Systems Inc0.40%
Open PPA or XAR 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.