PPA vs ROKT
Invesco Aerospace & Defense ETF against State Street SPDR S&P Kensho Final Frontiers ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
35%
27 shared positions
Fee gap
13 bp
ROKT is cheaper
1-year return gap
30.1 pts
ROKT is ahead
Larger fund
PPA
$7.4B
Side by side
| PPA | ROKT | |
|---|---|---|
| Fund | Invesco Aerospace & Defense ETF | State Street SPDR S&P Kensho Final Frontiers ETF |
| Issuer | Invesco | State Street SPDR |
| Category | Aerospace & Defense | Emerging Markets |
| Expense ratio | 0.58% | 0.45% |
| Assets | $7.4B | $169M |
| Average daily dollar volume | $45M | $1.4M |
| Listed | Oct 26, 2005 | Oct 19, 2018 |
| FrenzyCap score | 68 | 53 |
| 1-month return | −3.5% | −3.0% |
| 3-month return | −9.6% | −6.2% |
| Year to date | −1.0% | +21.6% |
| 1-year return | −2.8% | +27.3% |
| 30-day volatility | 13.9% | 16.3% |
| Worst drawdown, 1 year | −17.6% | −24.8% |
| Trailing 12-month yield | 0.43% | 0.20% |
| Holdings | 72 | 38 |
| Top 10 weight | 60.3% | 36.9% |
| Look-through P/E | 31.6 | 60.5 |
| Holdings vs fair value | +9.1% | +7.5% |
| Holdings above 200-day average | 16% | 33% |
| Net flow, latest 3 reported months | −$82M thru Jul 2026 | +$150M thru Jun 2026 |
| 30-day implied volatility | 23.0% | 29.2% |
| Holdings as of | as of Oct 8, 2026issuer data | as of Oct 8, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
61% of PPA · 72% of ROKT| Holding | PPA | ROKT |
|---|---|---|
| RTX | 9.02% | 3.68% |
| LMT | 8.04% | 3.44% |
| BA | 8.88% | 3.19% |
| NOC | 4.76% | 3.16% |
| LHX | 3.80% | 2.78% |
| APH | 2.41% | 2.85% |
| GD | 5.21% | 2.40% |
| TDG | 3.42% | 2.24% |
| ESLT | 2.63% | 2.03% |
| HONA | 3.83% | 1.32% |
| HEI | 1.21% | 3.27% |
| RKLB | 1.02% | 2.30% |
| LDOS | 0.93% | 2.45% |
| HII | 0.89% | 2.29% |
| BWXT | 0.74% | 1.93% |
| VSAT | 0.70% | 2.74% |
| TDY | 0.70% | 3.56% |
| HXL | 0.55% | 3.30% |
| TTMI | 0.38% | 1.70% |
| PL | 0.32% | 1.98% |
| KBR | 0.25% | 2.56% |
| DCO | 0.20% | 3.88% |
| RDW | 0.20% | 2.32% |
| FLY | 0.20% | 2.19% |
| IRDM | 0.17% | 3.70% |
Sector mix of the stock holdings
| Sector | PPA | ROKT | Gap |
|---|---|---|---|
| Industrials | 80.7% | 67.5% | +13.2% |
| Technology | 10.1% | 16.4% | −6.3% |
| Materials | 7.2% | 3.3% | +4.0% |
| Communication Services | 0.9% | 8.7% | −7.8% |
| Energy | 0.0% | 4.0% | −4.0% |
| Consumer Discretionary | 0.2% | 0.0% | +0.2% |
| Health Care | 0.1% | 0.0% | +0.1% |
More: full overlap table · PPA holdings · ROKT holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.