AIRR vs. PPA ETF Comparison
Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to PowerShares Aerospace & Defense (PPA)
AIRR
First Trust RBA American Industrial Renaissance ETF
AIRR Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.
Grade (RS Rating)
Last Trade
$65.03
Average Daily Volume
99,799
44
PPA
PowerShares Aerospace & Defense
PPA Description
The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE⢠Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$102.30
Average Daily Volume
148,165
47
Performance
| Period | AIRR | PPA |
|---|---|---|
| 30 Days | -1.28% | 2.43% |
| 60 Days | 1.40% | 4.32% |
| 90 Days | 12.63% | 10.86% |
| 12 Months | 42.85% | 29.90% |
0 Overlapping Holdings
| Symbol | Grade | Weight in AIRR | Weight in PPA | Overlap |
|---|
AIRR Overweight 44 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| POWL | B | 4.46% | |
| MLI | A | 4.11% | |
| DY | A | 3.94% | |
| STRL | D | 3.93% | |
| MDU | A | 3.92% | |
| MTZ | B | 3.92% | |
| ATKR | B | 3.91% | |
| EME | A | 3.89% | |
| HUBB | D | 3.82% | |
| FSS | B | 3.8% | |
| FIX | B | 3.79% | |
| CLH | A | 3.79% | |
| RBC | C | 3.66% | |
| SHLS | F | 3.64% | |
| PRIM | A | 3.49% | |
| GVA | A | 3.34% | |
| ROAD | D | 3.24% | |
| ACA | C | 2.45% | |
| AMRC | D | 2.44% | |
| WNC | F | 2.35% | |
| GBX | B | 2.32% | |
| BLBD | C | 2.29% | |
| MWA | A | 2.25% | |
| LMB | B | 2.1% | |
| TPC | A | 1.26% | |
| FNB | A | 1.19% | |
| PLOW | D | 1.1% | |
| ASTE | F | 0.99% | |
| PRLB | F | 0.87% | |
| ANET | C | 0.86% | |
| WTFC | A | 0.79% | |
| ONB | A | 0.76% | |
| FFBC | A | 0.73% | |
| ASB | A | 0.72% | |
| FCF | A | 0.71% | |
| FULT | A | 0.68% | |
| FRME | A | 0.64% | |
| PRK | A | 0.62% | |
| SRCE | A | 0.6% | |
| PEBO | A | 0.6% | |
| GABC | D | 0.6% | |
| HTLF | A | 0.59% | |
| QCRH | C | 0.49% | |
| LKFN | C | 0.48% |
AIRR Underweight 47 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| RTX | A | -6.9% | |
| LMT | A | -6.78% | |
| GE | A | -6.04% | |
| BA | D | -5.9% | |
| NOC | B | -5.61% | |
| GD | A | -4.91% | |
| LHX | A | -4.58% | |
| HON | D | -4.31% | |
| TDG | A | -4.05% | |
| ETN | B | -3.84% | |
| PH | B | -3.6% | |
| HWM | A | -3.57% | |
| AXON | B | -3.35% | |
| BAH | B | -2.48% | |
| TXT | D | -2.4% | |
| LDOS | A | -2.19% | |
| APH | A | -2.15% | |
| HII | F | -2.06% | |
| HEI | A | -1.85% | |
| BWXT | C | -1.41% | |
| CACI | A | -1.35% | |
| KBR | A | -1.34% | |
| CW | A | -1.31% | |
| WWD | A | -1.08% | |
| TDY | F | -1.0% | |
| SAIC | C | -1.0% | |
| HXL | D | -0.97% | |
| ATI | A | -0.95% | |
| J | C | -0.88% | |
| AVAV | A | -0.88% | |
| PLTR | C | -0.85% | |
| SPR | C | -0.74% | |
| MOG.A | A | -0.65% | |
| PSN | D | -0.64% | |
| KEYS | C | -0.6% | |
| KTOS | A | -0.55% | |
| AIR | A | -0.48% | |
| OSK | D | -0.45% | |
| MRCY | D | -0.34% | |
| VSAT | F | -0.3% | |
| OSIS | B | -0.26% | |
| CDRE | C | -0.26% | |
| IRDM | B | -0.2% | |
| TGI | C | -0.2% | |
| DCO | A | -0.15% | |
| B | B | -0.15% | |
| TTMI | A | -0.14% |
AIRR: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords
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