ITAvsPPA

iShares U.S. Aerospace & Defense ETF or Invesco Aerospace & Defense ETF, side by side from their own SEC filings. 66% of their stock holdings are the same at the same weight, across 35 stocks in both. ITA costs 0.38% a year against 0.58% for PPA, $20 a year less on $10,000. Over the last twelve months ITA returned +29.3% and PPA +20.0%.

66%of the two portfolios is the same stocks at the same weight
ITA95% in stocks the other holds too
PPA73% in stocks the other holds too
stocks in bothstocks only in that fundbonds, cash and unmatched shares

The two funds

From each fund's latest N-PORT filing and its prospectus.

ITAPPAYearly cost0.38%0.58%Net assets$14.4B$8.3BPositions5264Last 12 months+29.3%+20.0%3 years, a year+28.6%+27.6%5 years, a year+18.2%+19.1%Largest holdingGE 22.6%RTX 8.3%Main sectorIndustrials 100%Industrials 87%Holdings as ofJun 30, 2026Jul 31, 2026

Returns are total returns with dividends reinvested, from the funds’ own monthly figures; “(price)” marks a fund whose filing record is younger than a year, whose twelve months are its price change. The stronger figure in each row is set in bold. Past returns say what happened, not what will.

Growth of $100

Both funds from August 2019, the first month both report, dividends reinvested.

ITA$241PPA$282
August 2019June 2026

What they both hold

35 stocks are in both funds: 95% of ITA and 73% of PPA. The biggest shared positions:

Stockin ITAin PPA
RTX14.8%8.3%GE22.6%7.1%BA8.9%6.9%HWM4.5%4.5%GD4.3%5.0%LMT4.0%6.6%NOC3.9%4.8%LHX3.8%3.8%AXON3.2%3.2%TDG4.6%3.1%

Only in ITA

Its biggest stocks the other fund does not hold.

  1. FTAIFTAI Aviation Ltd.1.9%
  2. HEI-AHEICO Corporation1.4%
  3. VSECVSE Corporation0.5%
  4. ACHRArcher Aviation Inc.0.2%
  5. LUNRIntuitive Machines, Inc.0.2%
  6. ATROAstronics Corporation0.2%

Only in PPA

Its biggest stocks the other fund does not hold.

  1. PHParker Hannifin3.7%
  2. ESLTElbit Systems Ltd.3.5%
  3. APHAmphenol2.5%
  4. ETNEaton Corporation2.1%
  5. PLTRPalantir Technologies1.2%
  6. LDOSLeidos1.0%

More comparisons

ITA vs SHLDITA vs XLIITA vs VISITA vs XMMOPPA vs SHLDPPA vs XLIPPA vs VISPAVE vs PPA

From each fund’s Form N-PORT (ITA: June 2026, PPA: July 2026) and prospectus, via the SEC’s public data sets. Overlap counts only the stocks we can match to a listing: stock by stock, the smaller of the two weights, added up.