TAN vs. PPA ETF Comparison
Comparison of Invesco Solar ETF (TAN) to PowerShares Aerospace & Defense (PPA)
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
$40.21
Average Daily Volume
1,301,037
18
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
$102.72
Average Daily Volume
133,639
47
Performance
Period | TAN | PPA |
---|---|---|
30 Days | -15.53% | -0.14% |
60 Days | -3.39% | 0.86% |
90 Days | -11.37% | 1.27% |
12 Months | -41.60% | 23.26% |
0 Overlapping Holdings
Symbol | Grade | Weight in TAN | Weight in PPA | Overlap |
---|
TAN Underweight 47 Positions Relative to PPA
Symbol | Grade | Weight | |
---|---|---|---|
RTX | D | -6.75% | |
LMT | A | -6.73% | |
BA | D | -5.99% | |
GE | D | -5.8% | |
GD | C | -5.01% | |
NOC | D | -4.89% | |
HON | B | -4.72% | |
LHX | A | -4.68% | |
TDG | C | -4.2% | |
HWM | C | -4.11% | |
ETN | D | -3.73% | |
PH | C | -3.26% | |
AXON | C | -3.08% | |
BAH | B | -2.59% | |
LDOS | B | -2.43% | |
TXT | D | -2.39% | |
APH | B | -2.33% | |
HEI | B | -1.99% | |
HII | D | -1.83% | |
CACI | B | -1.42% | |
CW | B | -1.38% | |
BWXT | B | -1.34% | |
KBR | C | -1.29% | |
WWD | C | -1.27% | |
AVAV | C | -1.03% | |
TDY | D | -1.0% | |
ATI | C | -0.97% | |
HXL | F | -0.93% | |
PLTR | B | -0.89% | |
SAIC | D | -0.89% | |
J | D | -0.84% | |
SPR | B | -0.74% | |
MOG.A | C | -0.65% | |
PSN | B | -0.63% | |
KTOS | B | -0.59% | |
KEYS | D | -0.54% | |
AIR | A | -0.49% | |
OSK | C | -0.4% | |
MRCY | F | -0.32% | |
OSIS | C | -0.25% | |
CDRE | C | -0.24% | |
VSAT | F | -0.23% | |
TGI | B | -0.22% | |
TTMI | B | -0.17% | |
B | B | -0.16% | |
DCO | B | -0.15% | |
IRDM | F | -0.15% |
TAN: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords