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RSPNvsPPAETF Comparison

ETF 1

RSPN

Invesco S&P 500® Equal Weight Industrials ETF

This fund is part of

US Industrials

-0.79%

Full RSPN fund page

VS

ETF 2

PPA

Invesco Aerospace & Defense ETF

Full PPA fund page

Invesco S&P 500® Equal Weight Industrials ETF (RSPN) belongs to the US Industrials segment. Invesco Aerospace & Defense ETF (PPA) is part of the segment. Both ETFs have the same top 3 sector exposures: Industrials and Information Technology. RSPN is less expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.58% for PPA. RSPN is up 7.78% year-to-date (YTD) with +$79M in YTD flows. PPA performs worse with 6.03% YTD performance, and +$716M in YTD flows. Run a side-by-side ETF comparison of RSPN 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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RSPN vs PPA 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 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	RSPN PPA	+4.62%-1.64%	+1.25%-5.25%	+7.78%+6.03%	+28.00%+40.62%	+68.35%+108.01%	+73.52%+130.09%
Flows	RSPN PPA	+$186M+$99M	+$62M+$577M	+$79M+$716M	+$258M+$1.43B	+$328M+$2.97B	+$205M+$4.02B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	RSPN PPA	+19.12%+23.63%	+15.53%+18.21%	+16.68%+17.53%	+18.11%+18.26%
Max drawdown	RSPN PPA	-12.42%-13.68%	-12.42%-13.68%	-20.77%-15.16%	-21.90%-18.41%
Max drawdown duration	RSPN PPA	53d53d	53d53d	219d171d	575d227d

Trading data

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	RSPN	PPA
Last sale 4/27/2026 at 1:30 PM	$61.09	$165.85
Previous close 04/24/2026	$60.93	$166.07
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	RSPN	PPA
Last price	$61.09	$165.85
1D performance	+0.26%	-0.13%
AuM	$995.46 M	$7.94 B
E/R	0.4%	0.58%

Characteristics

	RSPN	PPA
Management strategy	Passive	Passive
Provider	Invesco	Invesco
Benchmark	S&P 500 Equal Weight Industrials Index	SPADE Defense Index
N° of holdings	77	51
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	November 1, 2006	October 26, 2005
ESG	No	No

More RSPN data on Trackinsight

More PPA data on Trackinsight

Exposure

Countries

RSPN

USA

93.49%

Other

6.51%

PPA

USA

93.85%

Other

6.15%

Sectors

RSPN

Industrials

92.39%

Other

7.61%

PPA

Industrials

87.55%

Other

12.45%

Diversification

RSPN

Total weight of top 15 holdings out of 15

20.12%

PPA

Total weight of top 15 holdings out of 15

72.93%

Top 15 holdings

Data as of March 31, 2026

RSPN

DELTA AIR LINES

1.47%

EMCOR GROUP

1.37%

US36828A1016

1.35%

HUBBELL

1.35%

EATON CORP PLC

1.35%

EXPEDITORS INTERNATIONAL OF WASN

1.35%

OLD DOMINION

1.34%

ALLEGION PLC

1.32%

CSX

1.32%

CATERPILLAR

1.32%

DOVER

1.32%

WABTEC

1.32%

GENERAL DYNAMICS

1.32%

JB HUNT TRANSPORT SERVICES

1.31%

PAYCHEX

1.31%

PPA

LOCKHEED MARTIN

9.36%

RAYTHEON TECHNOLOGIES CORPORD

8.76%

GENERAL ELECTRIC

7.70%

BOEING U

7.53%

NORTHROP GRUMMAN

6.36%

GENERAL DYNAMICS

5.21%

L3 HARRIS TECHNOLOGIES

4.52%

HONEYWELL INTL

4.43%

HOWMET AEROSPACE INC

4.26%

ELBIT SYSTEMS

3.57%

PARKER HANNIFIN

3.20%

TRANSDIGM GROUP

2.41%

AMPHENOL

2.28%

EATON CORP PLC

1.84%

CURTISS WRIGHT

1.49%

Frequently asked questions about RSPN and PPA

How have the RSPN and PPA ETFs performed in 2026?

As of April 24, 2026, RSPN is up 7.78% year-to-date (YTD), while PPA has returned 6.03%. That puts RSPN better performer ahead so far this year.

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

Year-to-date, the RSPN ETF saw +$79M in flows, compared to +$716M for PPA.

Which ETF is more volatile: RSPN or PPA?

Over the past year, RSPN had a volatility of 15.53%, while PPA experienced 18.21%.

Which ETF is bigger: RSPN or PPA?

As of April 24, 2026, RSPN holds $995.46 M in assets under management (AUM), while PPA manages $7.94 B.

What sectors do the RSPN and PPA ETFs invest in?

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

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

RSPN top holdings include DELTA AIR LINES, EMCOR GROUP and US36828A1016. PPA holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL ELECTRIC.

RSPNvsPPAETF Comparison

Invesco S&P 500® Equal Weight Industrials ETF

Invesco Aerospace & Defense ETF

RSPN vs PPA 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 RSPN and PPA ETFs performed in 2026?

As of April 24, 2026, RSPN is up 7.78% year-to-date (YTD), while PPA has returned 6.03%. That puts RSPN better performer ahead so far this year.

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

Year-to-date, the RSPN ETF saw +$79M in flows, compared to +$716M for PPA.

Which ETF is more volatile: RSPN or PPA?

Over the past year, RSPN had a volatility of 15.53%, while PPA experienced 18.21%.

Which ETF is bigger: RSPN or PPA?

As of April 24, 2026, RSPN holds $995.46 M in assets under management (AUM), while PPA manages $7.94 B.

What sectors do the RSPN and PPA ETFs invest in?

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

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

RSPN top holdings include DELTA AIR LINES, EMCOR GROUP and US36828A1016. PPA holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL ELECTRIC.

Which ETF is more diversified: RSPN or PPA?

RSPN holds 79 securities with 20.12% of its assets in the top 15. PPA has 60 securities and a top 15 weight of 72.93%.

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