ROKTvsPPAETF Comparison
ETF 1
ROKT
State Street SPDR S&P Kensho Final Frontiers ETF
This fund is part of
Disruptive Technology
+0.55%
VS
ETF 2
PPA
Invesco Aerospace & Defense ETF
State Street SPDR S&P Kensho Final Frontiers ETF (ROKT) belongs to the Disruptive Technology segment. Invesco Aerospace & Defense ETF (PPA) is part of the segment. ROKT's top 3 sector exposures are Industrials, Technology and Energy. In contrast, PPA's top sector exposures are Industrials, Technology and Non-Energy Materials. ROKT is less expensive with a Total Expense Ratio (TER) of 0.45%, versus 0.58% for PPA. ROKT is up 28.59% year-to-date (YTD) with +$142M in YTD flows. PPA performs worse with 4.78% YTD performance, and +$710M in YTD flows. Run a side-by-side ETF comparison of ROKT 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.
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ROKT vs PPA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/08/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ROKT PPA | -9.04%-10.83% | -9.03%-3.32% | +28.59%+4.78% | +51.94%+11.62% | +170.65%+102.60% | +177.65%+132.54% |
| Flows | ROKT PPA | -$3M+$52M | -$31M+$127M | +$142M+$710M | +$150M+$927M | +$149M+$2.93B | +$144M+$4.05B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ROKT PPA | +30.80%+23.41% | +32.51%+21.65% | +25.44%+18.75% | +23.78%+18.82% |
| Max drawdown | ROKT PPA | -15.14%-11.60% | -22.83%-13.68% | -23.27%-15.16% | -23.27%-18.41% |
| Max drawdown duration | ROKT PPA | 89d23d | 103d190d | 150d171d | 150d227d |
Trading data
ROKT | PPA | |
Last sale 9/9/2026 at 1:30 PM | $107.02 | $161.30 |
| Previous close 09/08/2026 | $109.24 | $163.95 |
| Consolidated volume 09/08/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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ROKT | PPA | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/9/2026 at 1:30 PM
Live
Closed
ROKT | PPA | |
|---|---|---|
| Last price | $107.02 | $161.30 |
| 1D performance | -2.03% | -1.62% |
| AuM | $187.80 M | $7.83 B |
| E/R | 0.45% | 0.58% |
Characteristics
ROKT | PPA | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | Invesco |
| Benchmark | S&P Kensho Final Frontiers Index | SPADE Defense Index |
| N° of holdings | 37 | 61 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 22, 2018 | October 26, 2005 |
| ESG | No | No |
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Exposure
Countries
ROKT
USA
97.59%
Other
2.41%
PPA
USA
93.9%
Other
6.1%
Sectors
ROKT
Industrials
68.9%
Technology
14.94%
Energy
9.73%
Other
6.43%
PPA
Industrials
88.19%
Other
11.81%
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Diversification
ROKT
Total weight of top 15 holdings out of 15
52.73%
PPA
Total weight of top 15 holdings out of 15
69.6%
Top 15 holdings
Data as of July 31, 2026
ROKT
Oceaneering International, Inc.
4.09%
RTX Corp.
4.00%
Ducommun, Inc.
3.85%
Hexcel Corp.
3.71%
Lockheed Martin Corp.
3.67%
HEICO Corp.
3.67%
Teledyne Technologies, Inc.
3.60%
ESCO Technologies, Inc.
3.42%
Iridium Communications, Inc.
3.42%
The Boeing Co.
3.42%
Moog, Inc.
3.38%
Northrop Grumman Corp.
3.30%
Forum Energy Technologies, Inc.
3.26%
L3Harris Technologies, Inc.
3.03%
ViaSat, Inc.
2.90%
PPA
RTX Corp.
8.49%
GE Aerospace
7.08%
The Boeing Co.
6.95%
Lockheed Martin Corp.
6.63%
General Dynamics Corp.
5.04%
Northrop Grumman Corp.
4.79%
Howmet Aerospace, Inc.
4.42%
L3Harris Technologies, Inc.
4.20%
Honeywell Aerospace, Inc.
4.15%
Parker-Hannifin Corp.
3.67%
Elbit Systems Ltd.
3.39%
Axon Enterprise, Inc.
3.29%
TransDigm Group, Inc.
3.18%
Amphenol Corp.
2.41%
Eaton Corp. Plc
1.91%
Frequently asked questions about ROKT and PPA
How have the ROKT and PPA ETFs performed in 2026?
As of September 8, 2026, ROKT is up 28.59% year-to-date (YTD), while PPA has returned 4.78%. That puts ROKT better performer ahead so far this year.
Which ETF is attracting more investor money: ROKT or PPA?
Year-to-date, the ROKT ETF saw +$142M in flows, compared to +$710M for PPA.
Which ETF is more volatile: ROKT or PPA?
Over the past year, ROKT had a volatility of 32.51%, while PPA experienced 21.65%.
Which ETF is bigger: ROKT or PPA?
As of September 8, 2026, ROKT holds $187.80 M in assets under management (AUM), while PPA manages $7.83 B.
What sectors do the ROKT and PPA ETFs invest in?
ROKT leans toward sectors like Industrials, Technology and Energy. Meanwhile, PPA focuses on Industrials.
What are the top holdings of the ROKT ETF and PPA ETF?
ROKT top holdings include Oceaneering International, Inc., RTX Corp. and Ducommun, Inc.. PPA holds in its top three: RTX Corp., GE Aerospace and The Boeing Co..
Which ETF is more diversified: ROKT or PPA?
ROKT holds 37 securities with 52.73% of its assets in the top 15. PPA has 61 securities and a top 15 weight of 69.6%.
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Latest news about ROKT & PPA
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July 2, 2026
PPA
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