Data as of . Every figure is the themes desk's own, on published data.
ITA vs PPA
iShares U.S. Aerospace & Defense ETF and Invesco Aerospace & Defense ETF, side by side on the themes desk.
66% of the two portfolios are the same securities at the same weight.
Open the live comparison on ETFIQ| ITA iShares U.S. Aerospace & Defense ETF | PPA Invesco Aerospace & Defense ETF | |
|---|---|---|
| Issuer | iShares | Invesco |
| Theme | Defense | Defense |
| In the S&P 500 | 76.6% | 71.1% |
| Active share vs the S&P 500 | 97.9% | 96.4% |
| In the Nasdaq-100 | 3.2% | 7.3% |
| Holdings | 49 | 60 |
| Top ten, share of the fund | 75.2% | 55.5% |
| Expense ratio | not published | 0.58% |
| Fee for the differing part | not published | 0.60% |
| Total return, 1 year | +14.2% | +12.6% |
| vs the S&P 500 | −5.7 pts | −7.3 pts |
| vs the Nasdaq-100 | −11.4 pts | −13.0 pts |
| Below its high | −10.9% | −10.9% |
ITA in plain words
By weight, 77% of ITA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 75% of the fund across 49 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +14.2% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 5.7 pts. It sits 10.9% below its all-time high of Aug 14, 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 ITA and PPA hold the same stocks?
- By their latest filings, 66% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, ITA or PPA?
- ITA has 77% of its weight in S&P 500 names and PPA has 71%, so ITA differs more from the index.
Other comparisons
Cite this page. ETFIQ, ITA against PPA, data as of Sep 4, 2026. https://etfiq.com/compare/themes/ITA-PPA.html Free to use with attribution; the underlying files are at Open data.
ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources