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ARKXvsPPAETF Comparison
Invesco Aerospace & Defense ETF
ARK Space & Defense Innovation ETF (ARKX) belongs to the Multiple Trends segment. Invesco Aerospace & Defense ETF (PPA) is part of the segment. ARKX's top 3 sector exposures are Industrials, Information Technology and Communication Services. In contrast, PPA's top sector exposures are Industrials, Information Technology and Materials. ARKX is more expensive with a Total Expense Ratio (TER) of 0.76%, versus 0.58% for PPA. ARKX is up 5.2% year-to-date (YTD) with +$177M in YTD flows. PPA performs better with 13.6% YTD performance, and +$564M in YTD flows. Run a side-by-side ETF comparison of ARKX and PPA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
ARKX vs PPA performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ARKX PPA | -1.43%+2.73% | +9.39%+15.03% | +5.20%+13.60% | +73.50%+56.68% | +134.85%+130.58% | n/a+158.64% |
| Flows | ARKX PPA | -$20M+$328M | +$228M+$638M | +$177M+$564M | +$269M+$1.23B | +$198M+$2.83B | -+$3.87B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ARKX PPA | +35.37%+21.84% | +32.34%+21.15% | +25.78%+17.07% | n/a+17.95% |
| Max drawdown | ARKX PPA | -14.39%-6.13% | -19.13%-13.09% | -25.02%-15.16% | n/a-18.41% |
| Max drawdown duration | ARKX PPA | 50d30d | 89d34d | 130d171d | n/a227d |
ARKX | PPA | |
Last sale 3/12/2026 at 6:44 PM | $31.32 | $174.56 |
| Previous close 03/11/2026 | $31.64 | $177.99 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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ARKX | PPA | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
ARKX | PPA | |
|---|---|---|
| Last price | $31.32 | $174.56 |
| 1D performance | -1.01% | -1.93% |
| AuM | $718.72 M | $8.35 B |
| E/R | 0.76% | 0.58% |
ARKX | PPA | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Ark Investment | Invesco |
| Benchmark | - | SPADE Defense Index |
| N° of holdings | 28 | 51 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 30, 2021 | October 26, 2005 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the ARKX and PPA ETFs performed in 2026?
As of March 10, 2026, ARKX is up 5.2% year-to-date (YTD), while PPA has returned 13.6%. That puts PPA better performer ahead so far this year.
Which ETF is attracting more investor money: ARKX or PPA?
Year-to-date, the ARKX ETF saw +$177M in flows, compared to +$564M for PPA.
Which ETF is more volatile: ARKX or PPA?
Over the past year, ARKX had a volatility of 32.34%, while PPA experienced 21.15%.
Which ETF is bigger: ARKX or PPA?
As of March 10, 2026, ARKX holds $718.72 M in assets under management (AUM), while PPA manages $8.35 B.
What sectors do the ARKX and PPA ETFs invest in?
ARKX leans toward sectors like Industrials and Information Technology. Meanwhile, PPA focuses on Industrials.
What are the top holdings of the ARKX ETF and PPA ETF?
ARKX top holdings include L3 HARRIS TECHNOLOGIES, KRATOS DEFENSE AND SECURITY SOLS and TERADYNE. PPA holds in its top three: BOEING U, RAYTHEON TECHNOLOGIES CORPORD and LOCKHEED MARTIN.
Which ETF is more diversified: ARKX or PPA?
ARKX holds 28 securities with 68.94% of its assets in the top 15. PPA has 60 securities and a top 15 weight of 71.65%.
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