PPA vs. KONG ETF Comparison
Comparison of PowerShares Aerospace & Defense (PPA) to Formidable Fortress ETF (KONG)
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
$116.38
Average Daily Volume
220,831
48
KONG
Formidable Fortress ETF
KONG Description
The investment seeks long-term capital appreciation. Under normal market conditions, the fund seeks to meet its investment objective by investing in large- and mid-cap equity securities, including common stocks, related depository receipts, real estate investment trusts (REITs), and other equity investments or ownership interests in business enterprises. It invests predominantly in common stocks of large- and mid-cap companies (the "Investable Universe"). The fund's derivative investments may include, among other instruments: (i) options; (ii) volatility-linked ETFs; and (iii) volatility-linked exchange-traded notes (ETNs). It is non-diversified.Grade (RS Rating)
Last Trade
$29.18
Average Daily Volume
1,739
32
Performance
Period | PPA | KONG |
---|---|---|
30 Days | 5.41% | 3.15% |
60 Days | 12.77% | 8.35% |
90 Days | 13.32% | 8.28% |
12 Months | 49.83% | 16.84% |
0 Overlapping Holdings
Symbol | Grade | Weight in PPA | Weight in KONG | Overlap |
---|
PPA Overweight 48 Positions Relative to KONG
Symbol | Grade | Weight | |
---|---|---|---|
LMT | A | 7.38% | |
RTX | A | 6.82% | |
GE | B | 6.67% | |
NOC | B | 5.31% | |
BA | F | 5.22% | |
PH | A | 4.55% | |
HWM | A | 4.54% | |
GD | C | 4.51% | |
LHX | A | 4.23% | |
HON | C | 3.96% | |
TDG | A | 3.69% | |
AXON | A | 3.66% | |
ETN | B | 3.39% | |
LDOS | A | 2.35% | |
BAH | C | 2.31% | |
HEI | C | 2.02% | |
APH | D | 2.01% | |
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 | A | 1.13% | |
WWD | C | 1.05% | |
TDY | A | 1.02% | |
SAIC | A | 0.97% | |
ATI | C | 0.96% | |
J | F | 0.95% | |
AVAV | B | 0.93% | |
HXL | F | 0.78% | |
KEYS | B | 0.77% | |
PSN | A | 0.73% | |
MOG.A | C | 0.71% | |
SPR | D | 0.65% | |
KTOS | B | 0.59% | |
AIR | C | 0.38% | |
MRCY | B | 0.37% | |
OSK | F | 0.28% | |
OSIS | C | 0.27% | |
CDRE | A | 0.26% | |
VSAT | F | 0.21% | |
IRDM | C | 0.2% | |
TGI | F | 0.16% | |
TTMI | D | 0.15% | |
DCO | B | 0.15% | |
B | A | 0.14% | |
AI | D | 0.1% |
PPA Underweight 32 Positions Relative to KONG
Symbol | Grade | Weight | |
---|---|---|---|
TPL | A | -5.55% | |
MKTX | B | -3.77% | |
ADM | F | -3.61% | |
FFIV | B | -3.5% | |
SPGI | C | -3.47% | |
GLPI | C | -3.4% | |
DOX | B | -3.31% | |
FAST | C | -3.29% | |
META | A | -3.25% | |
NVDA | B | -3.24% | |
CHE | D | -3.23% | |
IBKR | A | -3.22% | |
GOOG | B | -3.22% | |
JNJ | D | -3.19% | |
GGG | C | -3.17% | |
SNA | C | -3.16% | |
JKHY | A | -3.13% | |
ERIE | A | -3.03% | |
EME | B | -3.02% | |
RS | D | -3.0% | |
REGN | D | -3.0% | |
ADBE | F | -2.98% | |
MNST | D | -2.95% | |
MSFT | D | -2.89% | |
VRTX | D | -2.79% | |
WST | D | -2.72% | |
GNTX | D | -2.66% | |
PSA | C | -2.59% | |
CTRA | D | -2.36% | |
CTSH | B | -2.35% | |
ADP | A | -2.29% | |
UTHR | C | -2.28% |
PPA: Top Represented Industries & Keywords
KONG: Top Represented Industries & Keywords