RSHO vs. PPA ETF Comparison
Comparison of Tema American Reshoring ETF (RSHO) to PowerShares Aerospace & Defense (PPA)
RSHO
Tema American Reshoring ETF
RSHO Description
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, common and preferred stocks of publicly listed companies domiciled in the United States that are directly or indirectly economically tied to the rebuilding, bringing back of overseas economic activity, and revitalization of the American (i.e., United States) industrial base ("reshoring companies"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$40.49
Average Daily Volume
26,944
25
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
Performance
Period | RSHO | PPA |
---|---|---|
30 Days | 6.07% | 1.92% |
60 Days | 8.51% | 5.31% |
90 Days | 9.99% | 7.32% |
12 Months | 39.82% | 38.04% |
RSHO Overweight 22 Positions Relative to PPA
RSHO Underweight 45 Positions Relative to PPA
Symbol | Grade | Weight | |
---|---|---|---|
RTX | D | -7.09% | |
GE | D | -6.71% | |
LMT | D | -6.64% | |
BA | F | -6.23% | |
NOC | D | -5.36% | |
GD | D | -4.93% | |
HON | C | -4.88% | |
HWM | A | -4.44% | |
AXON | A | -4.43% | |
LHX | C | -4.07% | |
TDG | D | -3.35% | |
PLTR | B | -2.72% | |
LDOS | C | -2.05% | |
BAH | F | -1.92% | |
APH | A | -1.91% | |
HEI | A | -1.83% | |
TXT | D | -1.74% | |
CW | C | -1.37% | |
BWXT | B | -1.36% | |
CACI | D | -1.26% | |
HII | F | -1.07% | |
WWD | C | -0.92% | |
TDY | B | -0.91% | |
KBR | F | -0.88% | |
AVAV | C | -0.84% | |
SAIC | F | -0.71% | |
HXL | F | -0.66% | |
MOG.A | B | -0.66% | |
KEYS | A | -0.62% | |
PSN | D | -0.61% | |
KTOS | B | -0.56% | |
RKLB | A | -0.56% | |
SPR | D | -0.51% | |
AIR | B | -0.35% | |
MRCY | C | -0.35% | |
OSK | C | -0.29% | |
OSIS | A | -0.27% | |
TGI | B | -0.2% | |
B | A | -0.19% | |
IRDM | D | -0.17% | |
CDRE | F | -0.16% | |
TTMI | C | -0.16% | |
DCO | C | -0.14% | |
AI | B | -0.13% | |
VSAT | F | -0.1% |
RSHO: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords