Data as of . Every figure is the themes desk's own, on published data.
AIQ vs PPA
1% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIQ and PPA hold 1% of their money in the same securities at the same weight.
| Holding | AIQ | PPA |
|---|---|---|
| PALANTIR TECHNOLOGIES INC. | 2.23% | 1.23% |
| Only in AIQ | Only in PPA |
|---|---|
| SK hynix Inc. 7.12% | Boeing Co. (The) 9.11% |
| MICRON TECHNOLOGY, INC. 5.77% | General Electric Co. 7.85% |
| ADVANCED MICRO DEVICES, INC. 4.81% | RTX Corp. 7.13% |
| Samsung Electronics Co., Ltd. 4.80% | Lockheed Martin Corp. 6.39% |
| INTEL CORPORATION 4.18% | General Dynamics Corp. 4.52% |
| CISCO SYSTEMS, INC. 3.83% | Northrop Grumman Corp. 4.46% |
| BROADCOM INC. 3.25% | Honeywell International Inc. 4.39% |
| Taiwan Semiconductor Manufacturing Compa 3.02% | Howmet Aerospace Inc. 4.18% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Apr 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIQ | PPA | AIQ | PPA | AIQ | PPA | |
| 3 months | +2.9% | −3.0% | −1.8 pts | −7.7 pts | +0.8 pts | −5.1 pts |
| 6 months | +31.0% | −8.5% | +15.8 pts | −23.7 pts | +10.8 pts | −28.7 pts |
| 1 year | +42.9% | +12.6% | +22.9 pts | −7.3 pts | +17.3 pts | −13.0 pts |
| 3 years | +124.2% | +100.0% | +46.3 pts | +22.1 pts | +30.8 pts | +6.5 pts |
| Since launch | +340.2% | +1021.7% | +119.0 pts | +210.4 pts | −9.1 pts | −662.3 pts |
| AIQ Global X Artificial Intelligence & Technology ETF | PPA Invesco Aerospace & Defense ETF | |
|---|---|---|
| Issuer | Global X | Invesco |
| Theme | Artificial intelligence | Defense |
| In the S&P 500 | 64.8% | 71.1% |
| Active share vs the S&P 500 | 70.2% | 96.4% |
| In the Nasdaq-100 | 55.9% | 7.3% |
| Holdings | 84 | 60 |
| Top ten, share of the fund | 42.7% | 55.5% |
| Expense ratio | 0.68% | 0.58% |
| Fee for the differing part | 0.97% | 0.60% |
| Total return, 1 year | +42.9% | +12.6% |
| vs the S&P 500 | +22.9 pts | −7.3 pts |
| vs the Nasdaq-100 | +17.3 pts | −13.0 pts |
| Below its high | −8.3% | −10.9% |
AIQ in plain words
By weight, 65% of AIQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 70%. The top ten holdings are 43% of the fund across 84 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +42.9% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 22.9 pts. It sits 8.3% below its all-time high of Jun 2, 2026.
PPA in plain words
By weight, 71% of PPA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 56% of the fund across 60 positions, as filed for Apr 30, 2026. Over the year to Sep 4, 2026 the fund returned +12.6% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 7.3 pts. It sits 10.9% below its all-time high of Mar 2, 2026.
Questions people ask
- Do AIQ and PPA hold the same stocks?
- By their latest filings, 1% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AIQ or PPA?
- AIQ has 65% of its weight in S&P 500 names and PPA has 71%, so PPA differs more from the index.
- Which is cheaper, AIQ or PPA?
- AIQ charges 0.68% a year and PPA charges 0.58%, so PPA is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AIQ against PPA, data as of Sep 4, 2026. https://etfiq.com/compare/themes/AIQ-PPA.html Free to use with attribution; the underlying files are at Open data.