AMEX · inception 2005-10-26 · beta 0.85 · avg volume 219,242 · holdings as of 2026-10-15 · prices through 2026-10-16
AUM$7.4B
Holdings67
Top-10 weight60.9%
1-yr return+1.6%
Max drawdown 5y-18.4%
Volatility 1y21.4%
Performance vs S&P 500 (SPY)
■ PPA■ SPY
Total return
1m
3m
6m
YTD
1y
3y
5y
PPA
-1.9%
-6.7%
-11.4%
-2.9%
+1.6%
+90.2%
+117.7%
SPY
+0.3%
+2.9%
+7.5%
+11.7%
+15.1%
+80.0%
+84.9%
Rebased to 100 five years ago, weekly adjusted closes. Max drawdown is the largest peak-to-trough fall in that window (trough 2022-09-30). 3y and 5y returns are cumulative.
Top holdings
#
Ticker
Name
Weight
1
RTX
RTX Corp
9.15%
2
GE
General Electric Co
9.03%
3
BA
Boeing Co/The
8.75%
4
LMT
Lockheed Martin Corp
8.29%
5
GD
General Dynamics Corp
5.32%
6
NOC
Northrop Grumman Corp
4.88%
7
HWM
Howmet Aerospace Inc
4.02%
8
HONA
Honeywell Aerospace Inc
3.90%
9
LHX
L3Harris Technologies Inc
3.82%
10
PH
Parker-Hannifin Corp
3.72%
Exposure
Sector
Industrials89.2%
Technology9.5%
Basic Materials1.1%
Communication Services0.2%
Financial Services0.1%
Unclassified0.0%
Country
US94.2%
IL2.8%
IE2.0%
CA1.0%
Unclassified0.0%
Weights of holdings joined to company profiles; bonds, cash and derivatives fall under Unclassified.
InsiderStreet scores of the holdings
Holdings-weighted score
Score
Percentile vs ETFs
Overall
62/100
59
Quality
69/100
39
Profitability
47/100
14
Balance sheet
55/100
17
Earnings quality
72/100
81
Growth
67/100
86
Value
41/100
6
Momentum
85/100
94
Risk (safety)
79/100
52
Portfolio fundamentals
Value
P/E
34.3
P/B
8.0
P/S
3.1
Earnings yield
2.9%
FCF yield
3.2%
ROE
25.1%
Net margin
9.0%
Revenue growth (yoy)
+18.7%
Dividend yield
0.89%
Debt / equity
1.07
Scores are weighted by holding; 95% of the fund's weight is in companies we score. Percentile ranks the fund among ETFs with at least half their weight scored. A score describes the holdings, not the outlook for the fund.
Most similar ETFs by holdings overlap
ETF
Name
Overlap
Shared holdings
AUM
ITA
iShares U.S. Aerospace & Defense ETF
70.3%
36
$12.1B
DFEN
Direxion Daily Aerospace & Defense Bull 3X
70.2%
35
$385.6M
MISL
First Trust Indxx Aerospace & Defense ETF
61.9%
34
$193.7M
NATO
Themes ETF Trust - Themes Transatlantic Defens
56.4%
33
$91.1M
GCAD
Gabelli Commercial Aerospace and Defense ETF
53.5%
35
$13.2M
AV
Corgi Etf Trust I - Corgi Aerospace & Comm
53.4%
19
$767,516
Overlap = sum over shared holdings of the smaller of the two weights.