XAR vs. PPA ETF Comparison
Comparison of SPDR S&P Aerospace & Defense ETF (XAR) to PowerShares Aerospace & Defense (PPA)
XAR
SPDR S&P Aerospace & Defense ETF
XAR Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the aerospace and defense segment of a U.S. total market composite index. In seeking to track the performance of the S&P Aerospace & Defense Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the aerospace and defense industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$170.17
Average Daily Volume
217,991
30
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
$120.02
Average Daily Volume
180,829
48
Performance
Period | XAR | PPA |
---|---|---|
30 Days | 5.70% | 2.32% |
60 Days | 9.87% | 5.72% |
90 Days | 10.84% | 7.74% |
12 Months | 36.00% | 38.58% |
27 Overlapping Holdings
Symbol | Grade | Weight in XAR | Weight in PPA | Overlap | |
---|---|---|---|---|---|
AIR | B | 1.15% | 0.35% | 0.35% | |
AVAV | C | 3.68% | 0.84% | 0.84% | |
AXON | A | 6.87% | 4.43% | 4.43% | |
BA | F | 3.8% | 6.23% | 3.8% | |
BWXT | B | 4.37% | 1.36% | 1.36% | |
CDRE | F | 0.45% | 0.16% | 0.16% | |
CW | C | 5.03% | 1.37% | 1.37% | |
DCO | C | 0.21% | 0.14% | 0.14% | |
GD | D | 4.14% | 4.93% | 4.14% | |
GE | D | 4.31% | 6.71% | 4.31% | |
HEI | A | 4.61% | 1.83% | 1.83% | |
HII | F | 3.22% | 1.07% | 1.07% | |
HWM | A | 5.12% | 4.44% | 4.44% | |
HXL | F | 3.65% | 0.66% | 0.66% | |
KTOS | B | 1.47% | 0.56% | 0.56% | |
LHX | C | 4.66% | 4.07% | 4.07% | |
LMT | D | 4.08% | 6.64% | 4.08% | |
MOG.A | B | 2.06% | 0.66% | 0.66% | |
MRCY | C | 1.39% | 0.35% | 0.35% | |
NOC | D | 4.15% | 5.36% | 4.15% | |
RKLB | A | 5.41% | 0.56% | 0.56% | |
RTX | D | 4.3% | 7.09% | 4.3% | |
SPR | D | 3.92% | 0.51% | 0.51% | |
TDG | D | 4.01% | 3.35% | 3.35% | |
TGI | B | 1.19% | 0.2% | 0.2% | |
TXT | D | 4.23% | 1.74% | 1.74% | |
WWD | C | 4.52% | 0.92% | 0.92% |
XAR Underweight 21 Positions Relative to PPA
XAR: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords