ETF comparison
PPA vs XLK
Industrials vs Technology.
Invesco Aerospace & Defense ETF · State Street Technology Select Sector SPDR ETF
Holdings overlap
4 positions appear in both funds. Buying equal dollars of PPA and XLK would leave roughly 2.9% 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
XLK 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 the cost calculator pre-filled with PPA vs XLK.
Top shared holdings
4 shared in total| # | Holding | In PPA | In XLK | Overlap |
|---|---|---|---|---|
| 1 | Palantir Technologies Inc. | 1.23% | 1.49% | 1.23% |
| 2 | Amphenol Corp. | 2.52% | 1.21% | 1.21% |
| 3 | Keysight Technologies, Inc. | 0.85% | 0.33% | 0.33% |
| 4 | Teledyne Technologies Inc. | 0.83% | 0.17% | 0.17% |
Only in PPA
58 total- RTX Corp. 8.30%
- General Electric Co. 7.11%
- Boeing Co. (The) 6.87%
- Lockheed Martin Corp. 6.64%
- General Dynamics Corp. 4.96%
- Northrop Grumman Corp. 4.75%
- Howmet Aerospace Inc. 4.48%
- Honeywell Aerospace Inc. 4.09%
- L3Harris Technologies, Inc. 3.83%
- Parker-Hannifin Corp. 3.69%
Only in XLK
70 total- NVIDIA Corp 14.65%
- Apple Inc 12.85%
- Microsoft Corp 8.38%
- Micron Technology Inc 5.42%
- Broadcom Inc 5.41%
- Advanced Micro Devices Inc 5.28%
- Intel Corp 3.68%
- Applied Materials Inc 3.20%
- Lam Research Corp 3.02%
- Cisco Systems Inc 2.58%
Related comparisons
More comparisons with PPA
- PPA vs VGT · Vanguard Information Technology Index Fund ETF Shares 2.7%
- PPA vs IFRA · iShares U.S. Infrastructure ETF 2.3%
- PPA vs IGF · iShares Global Infrastructure ETF 0.0%
- PPA vs ITA · iShares U.S. Aerospace & Defense ETF 65.5%
- PPA vs XAR · State Street SPDR S&P Aerospace & Defense ETF 47.6%
- PPA vs SHLD · Global X Defense Tech ETF 39.3%
Percentages are holdings overlap with the named fund.
Open PPA or XLK 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.