BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

IYJvsPPAETF Comparison

ETF 1

IYJ

iShares U.S. Industrials ETF

This fund is part of

US Industrials

+2.54%

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. Both ETFs have the same top 3 sector exposures: Industrials, Information Technology and Materials. IYJ is less expensive with a Total Expense Ratio (TER) of 0.38%, versus 0.58% for PPA. IYJ is up 7.28% year-to-date (YTD) with +$166M in YTD flows. PPA performs worse with 6.98% YTD performance, and +$719M 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.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

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

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 04/30/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IYJ PPA	+10.71%+4.58%	+3.28%-3.95%	+7.28%+6.98%	+23.95%+38.18%	+63.39%+110.85%	+50.95%+130.45%
Flows	IYJ PPA	-$223M+$83M	-$88M+$541M	+$166M+$719M	+$130M+$1.43B	+$191M+$2.97B	-$144M+$4.02B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IYJ PPA	+19.29%+23.84%	+15.38%+18.36%	+16.31%+17.52%	+18.12%+18.29%
Max drawdown	IYJ PPA	-11.37%-13.68%	-11.37%-13.68%	-19.72%-15.16%	-26.37%-18.41%
Max drawdown duration	IYJ PPA	59d59d	59d59d	211d171d	832d227d

Trading data

Create an account to view trading data

Join for free

	IYJ	PPA
Last sale 5/1/2026 at 1:30 PM	$157.58	$165.63
Previous close 04/29/2026	$158.61	$167.45
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 30, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

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

Main metrics

Last update 5/1/2026 at 1:30 PM

Live

Closed

	IYJ	PPA
Last price	$157.58	$165.63
1D performance	-0.65%	-1.09%
AuM	$1.99 B	$8.01 B
E/R	0.38%	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	178	51
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

91.2%

Ireland

7.8%

Other

1%

PPA

USA

93.85%

Other

6.15%

Sectors

IYJ

Industrials

62.56%

Information Techn.

20.46%

Other

16.98%

PPA

Industrials

87.55%

Other

12.45%

Diversification

IYJ

Total weight of top 15 holdings out of 15

44.31%

PPA

Total weight of top 15 holdings out of 15

72.93%

Top 15 holdings

Data as of March 31, 2026

IYJ

VISA INCORPORATION

6.90%

MASTERCARD

5.45%

CATERPILLAR

4.45%

GENERAL ELECTRIC

4.00%

RAYTHEON TECHNOLOGIES CORPORD

3.50%

US36828A1016

3.20%

AMERICAN EXPRESS

2.21%

BOEING U

2.04%

UNION PACIFIC U

1.97%

HONEYWELL INTL

1.95%

EATON CORP PLC

1.90%

DEERE

1.87%

LOCKHEED MARTIN

1.69%

ACCENTURE PLC-A

1.65%

PARKER HANNIFIN

1.54%

PPA

LOCKHEED MARTIN

9.36%

RAYTHEON TECHNOLOGIES CORPORD

8.76%

GENERAL ELECTRIC

7.70%

BOEING U

7.53%

NORTHROP GRUMMAN

6.36%

GENERAL DYNAMICS

5.21%

L3 HARRIS TECHNOLOGIES

4.52%

HONEYWELL INTL

4.43%

HOWMET AEROSPACE INC

4.26%

ELBIT SYSTEMS

3.57%

PARKER HANNIFIN

3.20%

TRANSDIGM GROUP

2.41%

AMPHENOL

2.28%

EATON CORP PLC

1.84%

CURTISS WRIGHT

1.49%

Frequently asked questions about IYJ and PPA

How have the IYJ and PPA ETFs performed in 2026?

As of April 30, 2026, IYJ is up 7.28% year-to-date (YTD), while PPA has returned 6.98%. 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 +$166M in flows, compared to +$719M for PPA.

Which ETF is more volatile: IYJ or PPA?

Over the past year, IYJ had a volatility of 15.38%, while PPA experienced 18.36%.

Which ETF is bigger: IYJ or PPA?

As of April 30, 2026, IYJ holds $1.99 B in assets under management (AUM), while PPA manages $8.01 B.

What sectors do the IYJ and PPA ETFs invest in?

IYJ leans toward sectors like Industrials and Information Technology. Meanwhile, PPA focuses on Industrials.

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

IYJ top holdings include VISA INCORPORATION, MASTERCARD and CATERPILLAR. PPA holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL ELECTRIC.

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 April 30, 2026, IYJ is up 7.28% year-to-date (YTD), while PPA has returned 6.98%. 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 +$166M in flows, compared to +$719M for PPA.

Which ETF is more volatile: IYJ or PPA?

Over the past year, IYJ had a volatility of 15.38%, while PPA experienced 18.36%.

Which ETF is bigger: IYJ or PPA?

As of April 30, 2026, IYJ holds $1.99 B in assets under management (AUM), while PPA manages $8.01 B.

What sectors do the IYJ and PPA ETFs invest in?

IYJ leans toward sectors like Industrials and Information Technology. Meanwhile, PPA focuses on Industrials.

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

IYJ top holdings include VISA INCORPORATION, MASTERCARD and CATERPILLAR. PPA holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL ELECTRIC.

Which ETF is more diversified: IYJ or PPA?

IYJ holds 198 securities with 44.31% of its assets in the top 15. PPA has 60 securities and a top 15 weight of 72.93%.

Trump’s “Big Beautiful Bill” Passes Final Vote: ETF Winners & Losers

ETF Comparison: Invesco Aerospace & Defense ETF (PPA) Versus SPDR S&P Aerospace & Defense ETF (XAR)

Are Aerospace & Defense ETFs Overbought and Overvalued Right Now?

MoneyShow Chart of the Day 6/18/25: Defense Stock Strength is Nothing NEW

ETFs Reveal a Growing Gap in U.S. vs. EU Defense Stock Performance

ETFs Reveal a Growing Gap in U.S. vs. EU Defense Stock Performance

ETF Comparison: SPDR S&P Aerospace & Defense ETF (XAR) Versus Invesco Aerospace & Defense ETF (PPA)

The Trump Pump: ETF Winners from the 2024 Presidential Election

Expert-Built ETF Portfolios, All in One Place