ETF comparison
PPAvsXLI
Both Industrials.
Invesco Aerospace & Defense ETF · State Street Industrial Select Sector SPDR ETF
Holdings overlap
15 positions appear in both funds. Buying equal dollars of PPA and XLI would leave roughly28.8%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
XLI is 50 bps cheaper than PPA. On a $100,000 position that's about $500/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 XLI.
Top shared holdings
15 shared in total| # | Holding | In PPA | In XLI | Overlap |
|---|---|---|---|---|
| 1 | General Electric Co. | 7.87% | 6.77% | 6.77% |
| 2 | RTX Corp. | 7.15% | 4.43% | 4.43% |
| 3 | Boeing Co. (The) | 9.14% | 2.96% | 2.96% |
| 4 | Eaton Corp. PLC | 2.36% | 2.87% | 2.36% |
| 5 | Parker-Hannifin Corp. | 3.75% | 2.14% | 2.14% |
| 6 | Howmet Aerospace Inc. | 4.19% | 1.87% | 1.87% |
| 7 | Lockheed Martin Corp. | 6.41% | 1.79% | 1.79% |
| 8 | General Dynamics Corp. | 4.54% | 1.56% | 1.56% |
| 9 | TransDigm Group Inc. | 2.63% | 1.29% | 1.29% |
| 10 | Northrop Grumman Corp. | 4.47% | 1.18% | 1.18% |
| 11 | L3Harris Technologies, Inc. | 3.77% | 0.94% | 0.94% |
| 12 | Axon Enterprise, Inc. | 1.68% | 0.78% | 0.78% |
Only in PPA
46 total- Honeywell International Inc.4.40%
- Elbit Systems Ltd.3.59%
- Rocket Lab Corp.2.78%
- Amphenol Corp.2.34%
- Curtiss-Wright Corp.1.73%
- ATI Inc.1.36%
- Carpenter Technology Corp.1.36%
- Woodward, Inc.1.29%
- HEICO Corp.1.24%
- Palantir Technologies Inc.1.23%
Only in XLI
67 total- Caterpillar Inc8.51%
- GE Vernova Inc5.48%
- Union Pacific Corp2.80%
- Deere & Co2.77%
- Uber Technologies Inc2.55%
- Vertiv Holdings Co2.23%
- Trane Technologies PLC1.88%
- Quanta Services Inc1.88%
- Cummins Inc1.71%
- Automatic Data Processing Inc1.55%
Open PPA or XLI 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.