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TRUIvsPPAETF Comparison

ETF 1

TRUI

VanEck Industrials TruSector ETF

This fund is part of

Uncategorized Equities

-0.32%

Full TRUI fund page

VS

ETF 2

PPA

Invesco Aerospace & Defense ETF

Full PPA fund page

VanEck Industrials TruSector ETF (TRUI) belongs to the Uncategorized Equities segment. Invesco Aerospace & Defense ETF (PPA) is part of the segment. TRUI's top 3 sector exposures are Industrials, Business Services and Non-Energy Materials. In contrast, PPA's top sector exposures are Industrials, Technology and Business Services. TRUI is less expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.58% for PPA. Run a side-by-side ETF comparison of TRUI 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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TRUI vs PPA performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	TRUI PPA	-0.30%-1.98%	-6.63%-7.00%	n/a+0.34%	n/a+2.90%	n/a+92.37%	n/a+116.69%
Flows	TRUI PPA	--$29M	-+$64M	-+$670M	-+$737M	-+$2.80B	-+$4.01B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	TRUI PPA	+14.78%+18.79%	n/a+21.50%	n/a+18.66%	n/a+18.83%
Max drawdown	TRUI PPA	-10.29%-17.14%	n/a-17.34%	n/a-17.34%	n/a-18.41%
Max drawdown duration	TRUI PPA	61d61d	n/a228d	n/a228d	n/a227d

Trading data

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	TRUI	PPA
Last sale 10/16/2026 at 1:30 PM	$23.98	$156.43
Previous close 10/15/2026	$24.02	$155.33
Consolidated volume 10/15/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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TRUI

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 10/16/2026 at 1:30 PM

Live

Closed

	TRUI	PPA
Last price	$23.98	$156.43
1D performance	-0.17%	+0.71%
AuM	$0.24 M	$7.42 B
E/R	0.1%	0.58%

Characteristics

	TRUI	PPA
Management strategy	Active	Passive
Provider	VanEck	Invesco
Benchmark	-	SPADE Defense Index
N° of holdings	83	61
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 3, 2026	October 26, 2005
ESG	No	No

More TRUI data on Trackinsight

More PPA data on Trackinsight

Exposure

Countries

TRUI

USA

93.19%

Other

6.81%

PPA

USA

93.91%

Other

6.09%

Sectors

TRUI

Industrials

88.64%

Other

11.36%

PPA

Industrials

86.69%

Other

13.31%

Diversification

TRUI

Total weight of top 15 holdings out of 15

48.98%

PPA

Total weight of top 15 holdings out of 15

68.17%

Top 15 holdings

Data as of August 31, 2026

TRUI

Caterpillar, Inc.

6.68%

GE Aerospace

6.43%

RTX Corp.

5.06%

GE Vernova, Inc.

4.30%

Union Pacific Corp.

3.24%

The Boeing Co.

2.98%

Eaton Corp. Plc

2.89%

Deere & Co.

2.87%

Uber Technologies, Inc.

2.81%

Parker-Hannifin Corp.

2.34%

Automatic Data Processing, Inc.

2.06%

Lockheed Martin Corp.

2.02%

General Dynamics Corp.

1.78%

Trane Technologies Plc

1.77%

Howmet Aerospace, Inc.

1.76%

PPA

RTX Corp.

8.32%

GE Aerospace

6.88%

The Boeing Co.

6.78%

Lockheed Martin Corp.

6.56%

General Dynamics Corp.

5.00%

Northrop Grumman Corp.

4.86%

Howmet Aerospace, Inc.

4.31%

Parker-Hannifin Corp.

3.89%

Axon Enterprise, Inc.

3.77%

L3Harris Technologies, Inc.

3.68%

Honeywell Aerospace, Inc.

3.24%

Elbit Systems Ltd.

3.16%

TransDigm Group, Inc.

2.97%

Amphenol Corp.

2.57%

Eaton Corp. Plc

2.19%

Frequently asked questions about TRUI and PPA

TRUIvsPPAETF Comparison

VanEck Industrials TruSector ETF

Invesco Aerospace & Defense ETF

TRUI vs PPA performance and flow charts

Performance

Cumulative Flows

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Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: TRUI or PPA?

As of October 16, 2026, TRUI holds $0.24 M in assets under management (AUM), while PPA manages $7.42 B.

What sectors do the TRUI and PPA ETFs invest in?

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

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

TRUI top holdings include Caterpillar, Inc., GE Aerospace and RTX Corp.. PPA holds in its top three: RTX Corp., GE Aerospace and The Boeing Co..

Which ETF is more diversified: TRUI or PPA?

TRUI holds 83 securities with 48.98% of its assets in the top 15. PPA has 61 securities and a top 15 weight of 68.17%.

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