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IYJvsPPAETF Comparison

ETF 1

IYJ

iShares U.S. Industrials ETF

This fund is part of

US Industrials

-1.45%

Full IYJ fund page

VS

ETF 2

PPA

Invesco Aerospace & Defense ETF

Full PPA fund page

iShares U.S. Industrials ETF (IYJ) belongs to the US Industrials segment. Invesco Aerospace & Defense ETF (PPA) is part of the segment. IYJ's top 3 sector exposures are Industrials, Finance and Non-Energy Materials. In contrast, PPA's top sector exposures are Industrials, Technology and Business Services. IYJ is less expensive with a Total Expense Ratio (TER) of 0.37%, versus 0.58% for PPA. IYJ is up 7.55% year-to-date (YTD) with +$8M in YTD flows. PPA performs worse with 1.7% YTD performance, and +$666M in YTD flows. Run a side-by-side ETF comparison of IYJ 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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IYJ vs PPA performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 10/30/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IYJ PPA	+3.36%+2.64%	-2.70%-7.86%	+7.55%+1.70%	+9.17%+1.46%	+68.69%+101.66%	+48.89%+121.81%
Flows	IYJ PPA	-$219M-$71M	-$81M+$32M	+$8M+$666M	-$18M+$711M	+$134M+$2.69B	-$245M+$4.01B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IYJ PPA	+13.08%+18.41%	+16.08%+21.65%	+16.51%+18.79%	+18.23%+18.91%
Max drawdown	IYJ PPA	-9.51%-17.14%	-11.37%-17.34%	-19.72%-17.34%	-26.05%-18.41%
Max drawdown duration	IYJ PPA	87d75d	105d242d	211d242d	708d227d

Trading data

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	IYJ	PPA
Last sale 11/2/2026 at 2:30 PM	$161.31	$160.93
Previous close 10/30/2026	$158.58	$158.65
Consolidated volume 10/30/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

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	IYJ	PPA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 11/2/2026 at 2:30 PM

Live

Closed

	IYJ	PPA
Last price	$161.31	$160.93
1D performance	+1.72%	+1.44%
AuM	$1.82 B	$7.52 B
E/R	0.37%	0.58%

Characteristics

	IYJ	PPA
Management strategy	Passive	Passive
Provider	iShares	Invesco
Benchmark	Russell 1000 Industrials 40 Act 15/22.5 Daily Capped Index	SPADE Defense Index
N° of holdings	214	61
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 12, 2000	October 26, 2005
ESG	No	No

More IYJ data on Trackinsight

More PPA data on Trackinsight

Exposure

Countries

IYJ

USA

92.58%

Other

7.42%

PPA

USA

93.32%

Other

6.68%

Sectors

IYJ

Industrials

64.81%

Finance

20.06%

Non-Energy Materi.

7.34%

Other

7.79%

PPA

Industrials

86.14%

Other

13.86%

Diversification

IYJ

Total weight of top 15 holdings out of 15

44.25%

PPA

Total weight of top 15 holdings out of 15

67.83%

Top 15 holdings

Data as of September 30, 2026

IYJ

Visa, Inc.

7.70%

Mastercard, Inc.

5.63%

Caterpillar, Inc.

4.66%

GE Aerospace

4.08%

GE Vernova, Inc.

3.23%

RTX Corp.

3.17%

Eaton Corp. Plc

2.11%

Deere & Co.

2.10%

Union Pacific Corp.

2.04%

American Express Co.

2.02%

The Boeing Co.

1.79%

Parker-Hannifin Corp.

1.52%

Capital One Financial Corp.

1.47%

Accenture Plc

1.42%

Automatic Data Processing, Inc.

1.31%

PPA

RTX Corp.

8.07%

GE Aerospace

7.01%

Lockheed Martin Corp.

6.58%

The Boeing Co.

6.53%

Northrop Grumman Corp.

4.94%

General Dynamics Corp.

4.82%

Parker-Hannifin Corp.

4.09%

Howmet Aerospace, Inc.

4.03%

L3Harris Technologies, Inc.

3.66%

Elbit Systems Ltd.

3.39%

Honeywell Aerospace, Inc.

3.36%

TransDigm Group, Inc.

3.04%

Amphenol Corp.

2.96%

Axon Enterprise, Inc.

2.87%

Eaton Corp. Plc

2.49%

Frequently asked questions about IYJ and PPA

How have the IYJ and PPA ETFs performed in 2026?

As of October 30, 2026, IYJ is up 7.55% year-to-date (YTD), while PPA has returned 1.7%. That puts IYJ better performer ahead so far this year.

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

Year-to-date, the IYJ ETF saw +$8M in flows, compared to +$666M for PPA.

Which ETF is more volatile: IYJ or PPA?

Over the past year, IYJ had a volatility of 16.08%, while PPA experienced 21.65%.

Which ETF is bigger: IYJ or PPA?

As of October 30, 2026, IYJ holds $1.82 B in assets under management (AUM), while PPA manages $7.52 B.

What sectors do the IYJ and PPA ETFs invest in?

IYJ leans toward sectors like Industrials, Finance and Non-Energy Materials. Meanwhile, PPA focuses on Industrials.

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

IYJ top holdings include Visa, Inc., Mastercard, Inc. and Caterpillar, Inc.. PPA holds in its top three: RTX Corp., GE Aerospace and Lockheed Martin Corp..

IYJvsPPAETF Comparison

iShares U.S. Industrials ETF

Invesco Aerospace & Defense ETF

IYJ vs PPA performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the IYJ and PPA ETFs performed in 2026?

As of October 30, 2026, IYJ is up 7.55% year-to-date (YTD), while PPA has returned 1.7%. That puts IYJ better performer ahead so far this year.

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

Year-to-date, the IYJ ETF saw +$8M in flows, compared to +$666M for PPA.

Which ETF is more volatile: IYJ or PPA?

Over the past year, IYJ had a volatility of 16.08%, while PPA experienced 21.65%.

Which ETF is bigger: IYJ or PPA?

As of October 30, 2026, IYJ holds $1.82 B in assets under management (AUM), while PPA manages $7.52 B.

What sectors do the IYJ and PPA ETFs invest in?

IYJ leans toward sectors like Industrials, Finance and Non-Energy Materials. Meanwhile, PPA focuses on Industrials.

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

IYJ top holdings include Visa, Inc., Mastercard, Inc. and Caterpillar, Inc.. PPA holds in its top three: RTX Corp., GE Aerospace and Lockheed Martin Corp..

Which ETF is more diversified: IYJ or PPA?

IYJ holds 215 securities with 44.25% of its assets in the top 15. PPA has 61 securities and a top 15 weight of 67.83%.

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