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PPAvsVISETF Comparison

ETF 1

PPA

Invesco Aerospace & Defense ETF

Full PPA fund page

VS

ETF 2

VIS

Vanguard Industrials ETF

This fund is part of

US Industrials

-0.23%

Full VIS fund page

Invesco Aerospace & Defense ETF (PPA) belongs to the segment. Vanguard Industrials ETF (VIS) is part of the US Industrials segment. Both ETFs have the same top 3 sector exposures: Industrials, Information Technology and Materials. PPA is more expensive with a Total Expense Ratio (TER) of 0.58%, versus 0.09% for VIS. PPA is up 8.38% year-to-date (YTD) with +$590M in YTD flows. VIS performs better with 13.9% YTD performance, and +$550M in YTD flows. Run a side-by-side ETF comparison of PPA and VIS 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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PPA vs VIS 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 06/08/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PPA VIS	+1.22%+0.07%	-6.18%+3.26%	+8.38%+13.90%	+24.59%+24.78%	+109.59%+79.39%	+126.05%+80.06%
Flows	PPA VIS	-$32M+$37M	+$115M+$226M	+$590M+$550M	+$1.17B+$822M	+$2.87B+$991M	+$3.90B-$543M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PPA VIS	+23.90%+21.17%	+19.27%+16.61%	+17.79%+17.09%	+18.44%+18.48%
Max drawdown	PPA VIS	-11.45%-8.03%	-13.68%-12.25%	-15.16%-20.58%	-18.41%-23.03%
Max drawdown duration	PPA VIS	91d29d	98d64d	171d213d	227d584d

Trading data

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	PPA	VIS
Last sale 6/9/2026 at 1:30 PM	$171.75	$342.81
Previous close 06/08/2026	$169.76	$338.98
Consolidated volume 06/08/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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

Main metrics

Last update 6/9/2026 at 1:30 PM

Live

Closed

	PPA	VIS
Last price	$171.75	$342.81
1D performance	+1.17%	+1.13%
AuM	$7.99 B	$7.79 B
E/R	0.58%	0.09%

Characteristics

	PPA	VIS
Management strategy	Passive	Passive
Provider	Invesco	Vanguard
Benchmark	SPADE Defense Index	MSCI US IMI Industrials 25/50 Index
N° of holdings	51	348
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 26, 2005	September 23, 2004
ESG	No	No

More PPA data on Trackinsight

More VIS data on Trackinsight

Exposure

Countries

PPA

USA

93.44%

Other

6.56%

VIS

USA

92.29%

Other

7.71%

Sectors

PPA

Industrials

83.68%

Information Techn.

7.34%

Other

8.98%

VIS

Industrials

88.25%

Other

11.75%

Diversification

PPA

Total weight of top 15 holdings out of 15

69.25%

VIS

Total weight of top 15 holdings out of 15

38.55%

Top 15 holdings

Data as of April 30, 2026

PPA

BOEING U

9.30%

GENERAL ELECTRIC

7.78%

RAYTHEON TECHNOLOGIES CORPORD

7.10%

LOCKHEED MARTIN

6.40%

NORTHROP GRUMMAN

4.47%

HONEYWELL INTL

4.38%

HOWMET AEROSPACE INC

4.20%

GENERAL DYNAMICS

4.15%

PARKER HANNIFIN

4.05%

L3 HARRIS TECHNOLOGIES

3.80%

ELBIT SYSTEMS

3.53%

US7731211089

2.79%

TRANSDIGM GROUP

2.64%

AMPHENOL

2.38%

EATON CORP PLC

2.29%

VIS

CATERPILLAR

5.88%

GENERAL ELECTRIC

4.32%

US36828A1016

4.15%

RAYTHEON TECHNOLOGIES CORPORD

3.33%

BOEING U

2.53%

EATON CORP PLC

2.37%

DEERE

2.14%

UBER TECHNOLOGIES INC

2.08%

UNION PACIFIC U

1.93%

HONEYWELL INTL

1.92%

VERTIV HOLDINGS

1.68%

PARKER HANNIFIN

1.62%

TRANE TECHNOLOGIES PLC

1.54%

QUANTA SERVICES

1.53%

LOCKHEED MARTIN

1.52%

Frequently asked questions about PPA and VIS

How have the PPA and VIS ETFs performed in 2026?

As of June 8, 2026, PPA is up 8.38% year-to-date (YTD), while VIS has returned 13.9%. That puts VIS better performer ahead so far this year.

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

Year-to-date, the PPA ETF saw +$590M in flows, compared to +$550M for VIS.

Which ETF is more volatile: PPA or VIS?

Over the past year, PPA had a volatility of 19.27%, while VIS experienced 16.61%.

Which ETF is bigger: PPA or VIS?

As of June 8, 2026, PPA holds $7.99 B in assets under management (AUM), while VIS manages $7.79 B.

What sectors do the PPA and VIS ETFs invest in?

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

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

PPA top holdings include BOEING U, GENERAL ELECTRIC and RAYTHEON TECHNOLOGIES CORPORD. VIS holds in its top three: CATERPILLAR, GENERAL ELECTRIC and US36828A1016.

PPAvsVISETF Comparison

Invesco Aerospace & Defense ETF

Vanguard Industrials ETF

PPA vs VIS 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 PPA and VIS ETFs performed in 2026?

As of June 8, 2026, PPA is up 8.38% year-to-date (YTD), while VIS has returned 13.9%. That puts VIS better performer ahead so far this year.

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

Year-to-date, the PPA ETF saw +$590M in flows, compared to +$550M for VIS.

Which ETF is more volatile: PPA or VIS?

Over the past year, PPA had a volatility of 19.27%, while VIS experienced 16.61%.

Which ETF is bigger: PPA or VIS?

As of June 8, 2026, PPA holds $7.99 B in assets under management (AUM), while VIS manages $7.79 B.

What sectors do the PPA and VIS ETFs invest in?

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

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

PPA top holdings include BOEING U, GENERAL ELECTRIC and RAYTHEON TECHNOLOGIES CORPORD. VIS holds in its top three: CATERPILLAR, GENERAL ELECTRIC and US36828A1016.

Which ETF is more diversified: PPA or VIS?

PPA holds 60 securities with 69.25% of its assets in the top 15. VIS has 384 securities and a top 15 weight of 38.55%.

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