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FIDUvsPPAETF Comparison

ETF 1
FIDU

Fidelity MSCI Industrials Index ETF

This fund is part of
US Industrials
-0.57%
Full FIDU fund page
VS
ETF 2
PPA

Invesco Aerospace & Defense ETF

Full PPA fund page

Fidelity MSCI Industrials Index ETF (FIDU) belongs to the US Industrials segment. Invesco Aerospace & Defense ETF (PPA) is part of the segment. Both ETFs have the same top 3 sector exposures: Industrials, Information Technology and Materials. FIDU is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.58% for PPA. FIDU is up 10.74% year-to-date (YTD) with +$236M in YTD flows. PPA performs better with 14.09% YTD performance, and +$551M in YTD flows. Run a side-by-side ETF comparison of FIDU 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.

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FIDU vs PPA performance and flow charts

Performance

-2.00.02.04.0%Feb 9Feb 17Feb 24Mar 3Mar 10

Cumulative Flows

0 M100 M200 M300 MFeb 9Feb 17Feb 24Mar 3Mar 10

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/09/2026
1M3MYTD1Y3Y5Y
Perf.
FIDU
PPA
-2.09%+1.75%
+11.91%+17.23%
+10.74%+14.09%
+33.57%+57.03%
+79.78%+130.07%
+95.05%+161.92%
Flows
FIDU
PPA
+$66M+$309M
+$273M+$624M
+$236M+$551M
+$295M+$1.20B
+$578M+$2.82B
+$612M+$3.86B
Volatility and drawdown
3M1Y3Y5Y
Volatility
FIDU
PPA
+17.58%+21.94%
+19.93%+21.15%
+16.84%+17.07%
+17.97%+17.95%
Max drawdown
FIDU
PPA
-5.36%-6.13%
-13.46%-13.09%
-20.28%-15.16%
-22.91%-18.41%
Max drawdown duration
FIDU
PPA
7d30d
37d34d
212d171d
589d227d
Trading data

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FIDU
PPA
Last sale
3/11/2026 at 1:30 PM
$90.70
$177.99
Previous close
03/10/2026
$90.77
$178.70
Consolidated volume
03/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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FIDU
PPA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Main metrics
Last update 3/11/2026 at 1:30 PM
Live
Closed
FIDU
PPA
Last price
$90.70
$177.99
1D performance
-0.08%
-0.40%
AuM$1.94 B$8.37 B
E/R0.08%0.58%
Characteristics
FIDU
PPA
Management strategyPassivePassive
ProviderFidelityInvesco
BenchmarkMSCI USA IMI Industrials IndexSPADE Defense Index
N° of holdings32351
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateOctober 21, 2013October 26, 2005
ESGNoNo
Exposure

Countries

FIDU
USA
92.87%
Other
7.13%
PPA
USA
94.79%
Other
5.21%

Sectors

FIDU
Industrials
88.57%
Other
11.43%
PPA
Industrials
87.02%
Other
12.98%

Diversification

FIDU

Total weight of top 15 holdings out of 15

37.78%
PPA

Total weight of top 15 holdings out of 15

71.65%

Top 15 holdings

Data as of January 31, 2026
FIDU
GENERAL ELECTRIC
4.70%
CATERPILLAR
4.57%
RAYTHEON TECHNOLOGIES CORPORD
4.05%
US36828A1016
2.94%
BOEING U
2.85%
UBER TECHNOLOGIES INC
2.40%
HONEYWELL INTL
2.09%
EATON CORP PLC
2.05%
UNION PACIFIC U
2.05%
DEERE
2.04%
LOCKHEED MARTIN
1.90%
PARKER HANNIFIN
1.76%
AUTOMATIC DATA PROCESSING
1.54%
NORTHROP GRUMMAN
1.42%
WASTE MANAGEMENT
1.42%
PPA
BOEING U
9.21%
RAYTHEON TECHNOLOGIES CORPORD
8.40%
LOCKHEED MARTIN
8.28%
GENERAL ELECTRIC
7.53%
NORTHROP GRUMMAN
5.80%
GENERAL DYNAMICS
5.12%
L3 HARRIS TECHNOLOGIES
4.37%
HONEYWELL INTL
4.11%
HOWMET AEROSPACE INC
3.77%
PARKER HANNIFIN
3.15%
TRANSDIGM GROUP
2.85%
ELBIT SYSTEMS
2.73%
AMPHENOL
2.69%
AXON ENTERPRISE INC
1.83%
US7731211089
1.78%
Frequently asked questions about FIDU and PPA

How have the FIDU and PPA ETFs performed in 2026?

As of March 9, 2026, FIDU is up 10.74% year-to-date (YTD), while PPA has returned 14.09%. That puts PPA better performer ahead so far this year.

Which ETF is attracting more investor money: FIDU or PPA?

Year-to-date, the FIDU ETF saw +$236M in flows, compared to +$551M for PPA.

Which ETF is more volatile: FIDU or PPA?

Over the past year, FIDU had a volatility of 19.93%, while PPA experienced 21.15%.

Which ETF is bigger: FIDU or PPA?

As of March 9, 2026, FIDU holds $1.94 B in assets under management (AUM), while PPA manages $8.37 B.

What sectors do the FIDU and PPA ETFs invest in?

FIDU leans toward sectors like Industrials. Meanwhile, PPA focuses on Industrials.

What are the top holdings of the FIDU ETF and PPA ETF?

FIDU top holdings include GENERAL ELECTRIC, CATERPILLAR and RAYTHEON TECHNOLOGIES CORPORD. PPA holds in its top three: BOEING U, RAYTHEON TECHNOLOGIES CORPORD and LOCKHEED MARTIN.

Which ETF is more diversified: FIDU or PPA?

FIDU holds 359 securities with 37.78% of its assets in the top 15. PPA has 60 securities and a top 15 weight of 71.65%.

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