Open Now: The Global ETF Survey Take the Survey →

Advertisement
Advertisement

PPAvsAVETF Comparison

ETF 1
PPA

Invesco Aerospace & Defense ETF

VS
ETF 2
AV

Corgi Aerospace & Commercial Aviation ETF

This fund is part of
Uncategorized Equities
-0.84%

Invesco Aerospace & Defense ETF (PPA) belongs to the segment. Corgi Aerospace & Commercial Aviation ETF (AV) is part of the Uncategorized Equities segment. PPA's top 3 sector exposures are Industrials, Technology and Non-Energy Materials. In contrast, AV's top sector exposures are Industrials, Non-Energy Materials and Finance. PPA is more expensive with a Total Expense Ratio (TER) of 0.58%, versus 0.35% for AV. Run a side-by-side ETF comparison of PPA and AV 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

PPA vs AV performance and flow charts

Performance

-2.00.02.04.06.0%Jun 24Jul 1Jul 8Jul 15Jul 22

Cumulative Flows

0100,000,000200,000,000300,000,000400,000,000Jun 24Jul 1Jul 8Jul 15Jul 22

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.

Historic performance and flows
Data as of 07/24/2026
1M3MYTD1Y3Y5Y
Perf.
PPA
AV
+2.43%+0.47%
+5.63%n/a
+12.00%n/a
+20.21%n/a
+109.93%n/a
+142.29%n/a
Flows
PPA
AV
+$13M-$556K
-$91M-
+$629M-
+$1.02B-
+$2.88B-
+$3.96B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
PPA
AV
+23.53%n/a
+20.51%n/a
+18.32%n/a
+18.61%n/a
Max drawdown
PPA
AV
-8.09%n/a
-13.68%n/a
-15.16%n/a
-18.41%n/a
Max drawdown duration
PPA
AV
18dn/a
144dn/a
171dn/a
227dn/a
Trading data

Create an account to view trading data

Join for free
PPA
AV
Last sale
7/24/2026 at 1:30 PM
$175.26
$28.59
Previous close
07/23/2026
$174.26
$28.22
Consolidated volume
07/23/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of June 30, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

AV
is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free
PPA
AV
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 7/24/2026 at 1:30 PM
Live
Closed
PPA
AV
Last price
$175.26
$28.59
1D performance
+0.57%
+1.31%
AuM$8.29 B$0.86 M
E/R0.58%0.35%
Characteristics
PPA
AV
Management strategyPassiveActive
ProviderInvescoCorgi Funds
BenchmarkSPADE Defense Index-
N° of holdings6035
Asset classEquities-
Trailing 12m distribution yield
Join
Join
Inception dateOctober 26, 2005May 6, 2026
ESGNoNo
Advertisement
Exposure

Countries

PPA
USA
89.53%
Other
10.47%
AV
USA
79.98%
Other
20.02%

Sectors

PPA
Industrials
83.1%
Other
16.9%
AV
Industrials
83.38%
Other
16.62%

Diversification

PPA

Total weight of top 15 holdings out of 15

67.56%
AV

Total weight of top 15 holdings out of 15

65.8%

Top 15 holdings

Data as of June 30, 2026
PPA
GE Aerospace
9.76%
The Boeing Co.
8.44%
RTX Corp.
7.44%
Lockheed Martin Corp.
6.11%
Howmet Aerospace, Inc.
4.51%
General Dynamics Corp.
4.45%
Parker-Hannifin Corp.
3.89%
Northrop Grumman Corp.
3.76%
L3Harris Technologies, Inc.
3.34%
Elbit Systems Ltd.
2.98%
TransDigm Group, Inc.
2.92%
Rocket Lab Corp.
2.77%
Amphenol Corp.
2.54%
US4385162056
2.42%
US43849R1059
2.22%
AV
GE Aerospace
11.42%
RTX Corp.
8.59%
Howmet Aerospace, Inc.
4.85%
General Dynamics Corp.
4.84%
Lockheed Martin Corp.
4.18%
United Parcel Service, Inc.
3.90%
Delta Air Lines, Inc.
3.88%
Northrop Grumman Corp.
3.79%
TransDigm Group, Inc.
3.68%
FedEx Corp.
3.39%
United Airlines Holdings, Inc.
3.38%
Ryanair Holdings Plc
2.64%
Carpenter Technology Corp.
2.53%
FTAI Aviation Ltd.
2.38%
Woodward, Inc.
2.35%
Frequently asked questions about PPA and AV

Which ETF is bigger: PPA or AV?

As of July 24, 2026, PPA holds $8.29 B in assets under management (AUM), while AV manages $0.86 M.

What sectors do the PPA and AV ETFs invest in?

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

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

PPA top holdings include GE Aerospace, The Boeing Co. and RTX Corp.. AV holds in its top three: GE Aerospace, RTX Corp. and Howmet Aerospace, Inc..

Which ETF is more diversified: PPA or AV?

PPA holds 61 securities with 67.56% of its assets in the top 15. AV has 35 securities and a top 15 weight of 65.8%.

Advertisement
Advertisement
Advertisement
The Active Trader Report

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up