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PPAvsXLIIETF Comparison

ETF 1
PPA

Invesco Aerospace & Defense ETF

VS
ETF 2
XLII

State Street Industrial Select Sector SPDR Premium Income Fund

This fund is part of
Options Strategies
-0.18%

Invesco Aerospace & Defense ETF (PPA) belongs to the segment. State Street Industrial Select Sector SPDR Premium Income Fund (XLII) is part of the Options Strategies segment. PPA's top 3 sector exposures are Industrials, Information Technology and Materials. In contrast, XLII's top sector exposures are Industrials, Information Technology  PPA is more expensive with a Total Expense Ratio (TER) of 0.58%, versus 0.35% for XLII. PPA is up 9.66% year-to-date (YTD) with +$586M in YTD flows. XLII performs worse with 7.86% YTD performance, and +$5M in YTD flows. Run a side-by-side ETF comparison of PPA and XLII 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 XLII performance and flow charts

Performance

-2.00.02.04.06.0%May 11May 18May 26Jun 2Jun 9

Cumulative Flows

-50,000,000-40,000,000-30,000,000-20,000,000-10,000,000010,000,000May 11May 18May 26Jun 2Jun 9

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

Historic performance and flows
Data as of 06/09/2026
1M3MYTD1Y3Y5Y
Perf.
PPA
XLII
+1.34%+1.22%
-5.08%+3.89%
+9.66%+7.86%
+26.06%n/a
+112.78%n/a
+130.64%n/a
Flows
PPA
XLII
-$35M+$250K
+$112M+$3M
+$586M+$5M
+$1.17B-
+$2.87B-
+$3.90B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
PPA
XLII
+23.84%+15.52%
+19.27%n/a
+17.80%n/a
+18.44%n/a
Max drawdown
PPA
XLII
-11.45%-7.11%
-13.68%n/a
-15.16%n/a
-18.41%n/a
Max drawdown duration
PPA
XLII
92d30d
99dn/a
171dn/a
227dn/a
Trading data

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PPA
XLII
Last sale
6/10/2026 at 1:30 PM
$167.62
$24.61
Previous close
06/09/2026
$171.75
$25.25
Consolidated volume
06/09/2026
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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XLII
is actively managed and doesn’t replicate an index

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PPA
XLII
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/10/2026 at 1:30 PM
Live
Closed
PPA
XLII
Last price
$167.62
$24.61
1D performance
-2.40%
-2.54%
AuM$8.08 B$6.82 M
E/R0.58%0.35%
Characteristics
PPA
XLII
Management strategyPassiveActive
ProviderInvescoState Street Investment Management
BenchmarkSPADE Defense Index-
N° of holdings5177
Asset classEquities-
Trailing 12m distribution yield
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Inception dateOctober 26, 2005July 30, 2025
ESGNoNo
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Exposure

Countries

PPA
USA
93.44%
Other
6.56%
XLII
USA
92.82%
Ireland
7.2%
Other
-0.02%

Sectors

PPA
Industrials
83.68%
Information Techn.
7.34%
Other
8.98%
XLII
Industrials
91.52%
Other
8.48%
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Diversification

PPA

Total weight of top 15 holdings out of 15

69.25%
XLII

Total weight of top 15 holdings out of 15

50.68%

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%
XLII
CATERPILLAR
7.62%
GENERAL ELECTRIC
5.59%
US36828A1016
5.37%
RAYTHEON TECHNOLOGIES CORPORD
4.35%
BOEING U
3.31%
EATON CORP PLC
3.09%
UNION PACIFIC U
2.94%
UBER TECHNOLOGIES INC
2.82%
DEERE
2.73%
HONEYWELL INTL
2.50%
VERTIV HOLDINGS
2.31%
PARKER HANNIFIN
2.11%
TRANE TECHNOLOGIES PLC
2.00%
QUANTA SERVICES
2.00%
LOCKHEED MARTIN
1.93%
Frequently asked questions about PPA and XLII

How have the PPA and XLII ETFs performed in 2026?

As of June 9, 2026, PPA is up 9.66% year-to-date (YTD), while XLII has returned 7.86%. That puts PPA better performer ahead so far this year.

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

Year-to-date, the PPA ETF saw +$586M in flows, compared to +$5M for XLII.

Which ETF is bigger: PPA or XLII?

As of June 9, 2026, PPA holds $8.08 B in assets under management (AUM), while XLII manages $6.82 M.

What sectors do the PPA and XLII ETFs invest in?

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

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

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

Which ETF is more diversified: PPA or XLII?

PPA holds 60 securities with 69.25% of its assets in the top 15. XLII has 79 securities and a top 15 weight of 50.68%.

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