PPA vs. FITE ETF Comparison
Comparison of PowerShares Aerospace & Defense (PPA) to SPDR S&P Kensho Future Security ETF (FITE)
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
$119.55
Average Daily Volume
185,461
48
FITE
SPDR S&P Kensho Future Security ETF
FITE Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Future Security Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Future Security sector as determined by a classification standard produced by the index provider. The fund is non-diversified.Grade (RS Rating)
Last Trade
$67.40
Average Daily Volume
4,145
60
Performance
Period | PPA | FITE |
---|---|---|
30 Days | 1.92% | 6.73% |
60 Days | 5.31% | 11.49% |
90 Days | 7.32% | 10.84% |
12 Months | 38.04% | 34.85% |
25 Overlapping Holdings
Symbol | Grade | Weight in PPA | Weight in FITE | Overlap | |
---|---|---|---|---|---|
APH | A | 1.91% | 1.18% | 1.18% | |
AVAV | C | 0.84% | 1.44% | 0.84% | |
BA | F | 6.23% | 1.1% | 1.1% | |
CACI | D | 1.26% | 1.43% | 1.26% | |
DCO | C | 0.14% | 1.22% | 0.14% | |
GD | D | 4.93% | 1.2% | 1.2% | |
HEI | A | 1.83% | 1.74% | 1.74% | |
HII | F | 1.07% | 0.94% | 0.94% | |
HXL | F | 0.66% | 1.36% | 0.66% | |
IRDM | D | 0.17% | 1.51% | 0.17% | |
KBR | F | 0.88% | 1.22% | 0.88% | |
KTOS | B | 0.56% | 1.94% | 0.56% | |
LDOS | C | 2.05% | 1.92% | 1.92% | |
LHX | C | 4.07% | 1.71% | 1.71% | |
LMT | D | 6.64% | 1.74% | 1.74% | |
MOG.A | B | 0.66% | 1.88% | 0.66% | |
MRCY | C | 0.35% | 1.61% | 0.35% | |
NOC | D | 5.36% | 1.75% | 1.75% | |
OSIS | A | 0.27% | 1.57% | 0.27% | |
PSN | D | 0.61% | 2.08% | 0.61% | |
RKLB | A | 0.56% | 5.8% | 0.56% | |
RTX | D | 7.09% | 1.67% | 1.67% | |
TDY | B | 0.91% | 1.76% | 0.91% | |
TXT | D | 1.74% | 1.14% | 1.14% | |
VSAT | F | 0.1% | 0.8% | 0.1% |
PPA Overweight 23 Positions Relative to FITE
PPA Underweight 35 Positions Relative to FITE
Symbol | Grade | Weight | |
---|---|---|---|
FTNT | C | -2.32% | |
S | B | -2.19% | |
FFIV | B | -2.1% | |
CSCO | B | -1.86% | |
PANW | B | -1.8% | |
OII | B | -1.8% | |
NET | B | -1.79% | |
VRNS | D | -1.79% | |
NTCT | C | -1.75% | |
ATEN | A | -1.68% | |
CYBR | A | -1.67% | |
AVGO | D | -1.66% | |
MIR | A | -1.66% | |
COHR | B | -1.64% | |
ZS | B | -1.6% | |
CHKP | C | -1.6% | |
OSPN | A | -1.58% | |
RDWR | B | -1.56% | |
DDOG | A | -1.55% | |
RPD | B | -1.55% | |
JNPR | D | -1.54% | |
QLYS | B | -1.54% | |
ERJ | A | -1.49% | |
ZD | B | -1.49% | |
AKAM | D | -1.44% | |
TENB | C | -1.44% | |
SANM | B | -1.31% | |
CRWD | B | -1.28% | |
OKTA | C | -1.26% | |
BRKR | D | -1.21% | |
NABL | F | -1.09% | |
VREX | B | -1.01% | |
MVIS | F | -0.84% | |
PL | B | -0.83% | |
MASS | F | -0.12% |
PPA: Top Represented Industries & Keywords
FITE: Top Represented Industries & Keywords