PPA vs. IWFG ETF Comparison
Comparison of PowerShares Aerospace & Defense (PPA) to IQ MacKay Municipal Insured ETF (IWFG)
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
$115.90
Average Daily Volume
220,811
48
IWFG
IQ MacKay Municipal Insured ETF
IWFG Description
The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$45.64
Average Daily Volume
219
29
Performance
Period | PPA | IWFG |
---|---|---|
30 Days | 2.23% | 0.78% |
60 Days | 10.22% | 8.15% |
90 Days | 12.29% | -1.57% |
12 Months | 48.56% | 48.06% |
1 Overlapping Holdings
Symbol | Grade | Weight in PPA | Weight in IWFG | Overlap | |
---|---|---|---|---|---|
APH | D | 2.01% | 1.35% | 1.35% |
PPA Overweight 47 Positions Relative to IWFG
Symbol | Grade | Weight | |
---|---|---|---|
LMT | A | 7.38% | |
RTX | A | 6.82% | |
GE | C | 6.67% | |
NOC | B | 5.31% | |
BA | F | 5.22% | |
PH | A | 4.55% | |
HWM | A | 4.54% | |
GD | A | 4.51% | |
LHX | A | 4.23% | |
HON | C | 3.96% | |
TDG | A | 3.69% | |
AXON | A | 3.66% | |
ETN | C | 3.39% | |
LDOS | A | 2.35% | |
BAH | A | 2.31% | |
HEI | A | 2.02% | |
TXT | F | 2.0% | |
HII | F | 1.66% | |
CACI | A | 1.49% | |
CW | A | 1.44% | |
PLTR | A | 1.41% | |
BWXT | A | 1.34% | |
KBR | C | 1.13% | |
WWD | B | 1.05% | |
TDY | A | 1.02% | |
SAIC | A | 0.97% | |
ATI | B | 0.96% | |
J | D | 0.95% | |
AVAV | B | 0.93% | |
HXL | F | 0.78% | |
KEYS | B | 0.77% | |
PSN | A | 0.73% | |
MOG.A | A | 0.71% | |
SPR | D | 0.65% | |
KTOS | A | 0.59% | |
AIR | D | 0.38% | |
MRCY | B | 0.37% | |
OSK | F | 0.28% | |
OSIS | B | 0.27% | |
CDRE | B | 0.26% | |
VSAT | F | 0.21% | |
IRDM | B | 0.2% | |
TGI | F | 0.16% | |
TTMI | D | 0.15% | |
DCO | A | 0.15% | |
B | C | 0.14% | |
AI | F | 0.1% |
PPA Underweight 28 Positions Relative to IWFG
Symbol | Grade | Weight | |
---|---|---|---|
MSFT | D | -11.39% | |
NVDA | C | -7.84% | |
AMZN | C | -7.81% | |
GOOG | B | -4.86% | |
AVGO | C | -4.75% | |
AAPL | C | -4.6% | |
META | A | -3.64% | |
ADI | C | -3.22% | |
SPOT | B | -3.13% | |
MA | A | -3.13% | |
TT | A | -3.12% | |
ORLY | A | -2.93% | |
KKR | A | -2.72% | |
ADBE | F | -2.6% | |
ISRG | A | -2.57% | |
HD | A | -2.55% | |
LRCX | D | -2.47% | |
INTU | F | -2.41% | |
NOW | C | -2.38% | |
MELI | C | -2.31% | |
CMG | C | -2.26% | |
NFLX | A | -2.12% | |
ASML | F | -2.09% | |
SNPS | F | -2.08% | |
UBER | C | -1.87% | |
BKNG | C | -1.85% | |
WDAY | D | -1.56% | |
HLT | A | -1.52% |
PPA: Top Represented Industries & Keywords
IWFG: Top Represented Industries & Keywords