ETF comparison
IYJ vs PPA
Both Industrials.
iShares U.S. Industrials ETF · Invesco Aerospace & Defense ETF
Holdings overlap
30 positions appear in both funds. Buying equal dollars of IYJ and PPA would leave roughly 24.7% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
IYJ is 20 bps cheaper than PPA. On a $100,000 position that's about $200/yr more in fees for PPA.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with IYJ vs PPA.
Top shared holdings
30 shared in total| # | Holding | In IYJ | In PPA | Overlap |
|---|---|---|---|---|
| 1 | GENERAL ELECTRIC COMPANY | 3.81% | 7.87% | 3.81% |
| 2 | RTX CORPORATION | 2.97% | 7.15% | 2.97% |
| 3 | THE BOEING COMPANY | 2.18% | 9.14% | 2.18% |
| 4 | EATON CORPORATION PUBLIC LIMITED COMPANY | 2.14% | 2.36% | 2.14% |
| 5 | HONEYWELL INTERNATIONAL INCORPORATION | 1.72% | 4.40% | 1.72% |
| 6 | PARKER-HANNIFIN CORPORATION | 1.45% | 3.75% | 1.45% |
| 7 | LOCKHEED MARTIN CORPORATION | 1.35% | 6.41% | 1.35% |
| 8 | HOWMET AEROSPACE INC. | 1.23% | 4.19% | 1.23% |
| 9 | GENERAL DYNAMICS CORPORATION | 1.10% | 4.54% | 1.10% |
| 10 | Northrop Grumman Corporation | 0.98% | 4.47% | 0.98% |
| 11 | TRANSDIGM GROUP INCORPORATED | 0.81% | 2.63% | 0.81% |
| 12 | KEYSIGHT TECHNOLOGIES, INC. | 0.76% | 1.02% | 0.76% |
Only in IYJ
166 total- VISA INC. 7.01%
- CATERPILLAR INC. 5.20%
- MASTERCARD INCORPORATED 5.11%
- GE VERNOVA INC. 3.69%
- AMERICAN EXPRESS COMPANY 2.20%
- UNION PACIFIC CORPORATION 2.03%
- DEERE & COMPANY 1.82%
- CAPITAL ONE FINANCIAL CORPORATION 1.48%
- ACCENTURE PUBLIC LIMITED COMPANY 1.39%
- TRANE TECHNOLOGIES PLC 1.39%
Only in PPA
31 total- Elbit Systems Ltd. 3.59%
- Amphenol Corp. 2.34%
- Carpenter Technology Corp. 1.36%
- Palantir Technologies Inc. 1.23%
- Planet Labs PBC 1.05%
- Leidos Holdings, Inc. 1.01%
- Kratos Defense & Security Solutions, Inc. 1.00%
- CACI International Inc. 0.89%
- AeroVironment, Inc. 0.87%
- CAE Inc. 0.75%
Open IYJ or PPA at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.