XLIIvsPPAETF Comparison
ETF 1
XLII
State Street Industrial Select Sector SPDR Premium Income Fund
This fund is part of
Options Strategies
+0.26%
VS
ETF 2
PPA
Invesco Aerospace & Defense ETF
State Street Industrial Select Sector SPDR Premium Income Fund (XLII) belongs to the Options Strategies segment. Invesco Aerospace & Defense ETF (PPA) is part of the segment. Both ETFs have the same top 3 sector exposures: Industrials and Information Technology. XLII is less expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.58% for PPA. XLII is up 4.55% year-to-date (YTD) with +$5M in YTD flows. PPA performs better with 6.03% YTD performance, and +$716M in YTD flows. Run a side-by-side ETF comparison of XLII 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
XLII vs PPA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XLII PPA | +4.48%-1.64% | +2.28%-5.25% | +4.55%+6.03% | n/a+40.62% | n/a+108.01% | n/a+130.09% |
| Flows | XLII PPA | +$501K+$99M | +$4M+$577M | +$5M+$716M | -+$1.43B | -+$2.97B | -+$4.02B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XLII PPA | +14.78%+23.63% | n/a+18.21% | n/a+17.53% | n/a+18.26% |
| Max drawdown | XLII PPA | -9.92%-13.68% | n/a-13.68% | n/a-15.16% | n/a-18.41% |
| Max drawdown duration | XLII PPA | 53d53d | n/a53d | n/a171d | n/a227d |
Trading data
XLII | PPA | |
Last sale 4/24/2026 at 6:50 PM | $25.08 | $166.05 |
| Previous close 04/24/2026 | $25.18 | $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
Create an account to view replication metrics
Join for free
XLII
is actively managed and doesn’t replicate an indexXLII | PPA | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 4/24/2026 at 6:50 PM
Live
Closed
XLII | PPA | |
|---|---|---|
| Last price | $25.08 | $166.05 |
| 1D performance | -0.37% | -0.01% |
| AuM | $6.02 M | $7.94 B |
| E/R | 0.35% | 0.58% |
Characteristics
XLII | PPA | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | State Street Investment Management | Invesco |
| Benchmark | - | SPADE Defense Index |
| N° of holdings | 77 | 51 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 30, 2025 | October 26, 2005 |
| ESG | No | No |
Advertisement
Exposure
Countries
XLII
USA
92.29%
Other
7.71%
PPA
USA
93.85%
Other
6.15%
Sectors
XLII
Industrials
91.02%
Other
8.98%
PPA
Industrials
87.55%
Other
12.45%
Advertisement
Diversification
XLII
Total weight of top 15 holdings out of 15
49.25%
PPA
Total weight of top 15 holdings out of 15
72.93%
Top 15 holdings
Data as of March 31, 2026
XLII
CATERPILLAR
6.47%
GENERAL ELECTRIC
5.84%
RAYTHEON TECHNOLOGIES CORPORD
5.08%
US36828A1016
4.62%
BOEING U
3.07%
UBER TECHNOLOGIES INC
2.90%
UNION PACIFIC U
2.82%
HONEYWELL INTL
2.82%
DEERE
2.79%
EATON CORP PLC
2.73%
LOCKHEED MARTIN
2.40%
PARKER HANNIFIN
2.22%
VERTIV HOLDINGS
1.88%
HOWMET AEROSPACE INC
1.81%
TRANE TECHNOLOGIES PLC
1.81%
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 XLII and PPA
How have the XLII and PPA ETFs performed in 2026?
As of April 24, 2026, XLII is up 4.55% year-to-date (YTD), while PPA has returned 6.03%. That puts PPA better performer ahead so far this year.
Which ETF is attracting more investor money: XLII or PPA?
Year-to-date, the XLII ETF saw +$5M in flows, compared to +$716M for PPA.
Which ETF is bigger: XLII or PPA?
As of April 24, 2026, XLII holds $6.02 M in assets under management (AUM), while PPA manages $7.94 B.
What sectors do the XLII and PPA ETFs invest in?
XLII leans toward sectors like Industrials. Meanwhile, PPA focuses on Industrials.
What are the top holdings of the XLII ETF and PPA ETF?
XLII top holdings include CATERPILLAR, GENERAL ELECTRIC and RAYTHEON TECHNOLOGIES CORPORD. PPA holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL ELECTRIC.
Which ETF is more diversified: XLII or PPA?
XLII holds 79 securities with 49.25% of its assets in the top 15. PPA has 60 securities and a top 15 weight of 72.93%.
Advertisement
Latest news about XLII & PPA
Advertisement
Advertisement
