PPAvsXLIETF Comparison
Invesco Aerospace & Defense ETF
Invesco Aerospace & Defense ETF (PPA) belongs to the segment. State Street Industrial Select Sector SPDR ETF (XLI) is part of the US Industrials segment. PPA's top 3 sector exposures are Industrials, Technology and Non-Energy Materials. In contrast, XLI's top sector exposures are Industrials, Business Services and Non-Energy Materials. PPA is more expensive with a Total Expense Ratio (TER) of 0.58%, versus 0.08% for XLI. PPA is up 3.09% year-to-date (YTD) with +$709M in YTD flows. XLI performs better with 11.33% YTD performance, and +$2.96B in YTD flows. Run a side-by-side ETF comparison of PPA and XLI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
PPA vs XLI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PPA XLI | -12.27%-6.97% | -5.99%-1.97% | +3.09%+11.33% | +10.27%+15.78% | +99.63%+69.73% | +128.63%+80.80% |
| Flows | PPA XLI | +$51M-$1.13B | +$119M+$1.11B | +$709M+$2.96B | +$926M+$4.72B | +$2.93B+$6.38B | +$4.04B+$3.53B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PPA XLI | +23.48%+18.86% | +21.71%+17.24% | +18.77%+16.79% | +18.84%+17.68% |
| Max drawdown | PPA XLI | -12.80%-7.91% | -13.68%-12.21% | -15.16%-18.43% | -18.41%-21.70% |
| Max drawdown duration | PPA XLI | 24d24d | 191d102d | 171d165d | 227d526d |
PPA | XLI | |
Last sale 9/10/2026 at 1:30 PM | $160.68 | $170.55 |
| Previous close 09/09/2026 | $161.30 | $171.79 |
| Consolidated volume 09/09/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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PPA | XLI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
PPA | XLI | |
|---|---|---|
| Last price | $160.68 | $170.55 |
| 1D performance | -0.38% | -0.72% |
| AuM | $7.70 B | $31.21 B |
| E/R | 0.58% | 0.08% |
PPA | XLI | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | State Street Investment Management |
| Benchmark | SPADE Defense Index | S&P Industrial Select Sector Index |
| N° of holdings | 61 | 81 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 26, 2005 | December 16, 1998 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
