PPA vs. TAN ETF Comparison
Comparison of PowerShares Aerospace & Defense (PPA) to Invesco Solar ETF (TAN)
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
$121.04
Average Daily Volume
186,719
48
TAN
Invesco Solar ETF
TAN Description
The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (?ADRs?)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.Grade (RS Rating)
Last Trade
$34.64
Average Daily Volume
1,200,240
16
Performance
Period | PPA | TAN |
---|---|---|
30 Days | 3.31% | -6.48% |
60 Days | 5.63% | -15.39% |
90 Days | 8.65% | -17.86% |
12 Months | 39.76% | -24.72% |
0 Overlapping Holdings
Symbol | Grade | Weight in PPA | Weight in TAN | Overlap |
---|
PPA Overweight 48 Positions Relative to TAN
Symbol | Grade | Weight | |
---|---|---|---|
RTX | C | 7.09% | |
GE | D | 6.71% | |
LMT | D | 6.64% | |
BA | F | 6.23% | |
NOC | D | 5.36% | |
GD | F | 4.93% | |
HON | B | 4.88% | |
HWM | A | 4.44% | |
AXON | A | 4.43% | |
PH | A | 4.28% | |
LHX | C | 4.07% | |
TDG | D | 3.35% | |
ETN | A | 3.16% | |
PLTR | B | 2.72% | |
LDOS | C | 2.05% | |
BAH | F | 1.92% | |
APH | A | 1.91% | |
HEI | B | 1.83% | |
TXT | D | 1.74% | |
CW | B | 1.37% | |
BWXT | B | 1.36% | |
CACI | D | 1.26% | |
HII | D | 1.07% | |
WWD | B | 0.92% | |
TDY | B | 0.91% | |
KBR | F | 0.88% | |
AVAV | D | 0.84% | |
ATI | D | 0.81% | |
SAIC | F | 0.71% | |
HXL | D | 0.66% | |
MOG.A | B | 0.66% | |
KEYS | A | 0.62% | |
PSN | D | 0.61% | |
KTOS | B | 0.56% | |
RKLB | B | 0.56% | |
SPR | D | 0.51% | |
AIR | B | 0.35% | |
MRCY | B | 0.35% | |
OSK | B | 0.29% | |
OSIS | B | 0.27% | |
TGI | B | 0.2% | |
B | B | 0.19% | |
IRDM | D | 0.17% | |
CDRE | D | 0.16% | |
TTMI | B | 0.16% | |
DCO | C | 0.14% | |
AI | B | 0.13% | |
VSAT | F | 0.1% |
PPA: Top Represented Industries & Keywords
TAN: Top Represented Industries & Keywords