BLV vs PPA
Comparison between VANGUARD LONG-TERM BOND INDEX FUND ETF SHARES (BLV, ETF) and INVESCO AEROSPACE & DEFENSE ETF (PPA, ETF).
5-Year PerformancePPA has outperformed BLV, delivering a return of +19.8% compared to -5.0%
BLV vs PPA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
BLV vs PPA - Historical Returns
Returns include dividend reinvestment.
BLV vs PPA - Annual Returns (2005 - 2026)
Returns include dividend reinvestment.
| Year | BLV | PPA |
|---|---|---|
| 2026 | -2.42% | +7.88% |
| 2025 | +6.29% | +37.54% |
| 2024 | -3.04% | +26.23% |
| 2023 | +6.00% | +18.39% |
| 2022 | -25.67% | +8.80% |
| 2021 | -2.55% | +10.86% |
| 2020 | +15.55% | -1.43% |
| 2019 | +18.60% | +39.54% |
| 2018 | -3.25% | -7.59% |
| 2017 | +10.31% | +28.95% |
| 2016 | +6.50% | +20.62% |
| 2015 | -4.71% | +4.24% |
| 2014 | +19.86% | +14.18% |
| 2013 | -8.08% | +46.90% |
| 2012 | +8.52% | +15.91% |
| 2011 | +22.81% | -2.54% |
| 2010 | +9.46% | +8.47% |
| 2009 | +2.41% | +18.19% |
| 2008 | +9.20% | -36.19% |
| 2007 | +6.27% | +21.82% |
| 2006 | N/A | +19.17% |
| 2005 | N/A | +3.96% |
BLV vs PPA Drawdown Comparison
The maximum drawdown for BLV was -38.28%, occurring on Oct 19, 2023. This drawdown has not yet recovered.
The maximum drawdown for PPA was -57.37%, occurring on Mar 9, 2009. Recovery took 1365 trading sessions.
The current BLV drawdown is -26.33%. The current PPA drawdown is -6.32%.
| Rank | BLV | PPA |
|---|---|---|
| #1 | -38.28% Aug 6, 2020 - Oct 19, 2023 | -57.37% Oct 9, 2007 - Mar 13, 2013 |
| #2 | -20.04% Mar 9, 2020 - Jul 7, 2020 | -43.91% Feb 12, 2020 - Apr 1, 2021 |
| #3 | -14.49% May 2, 2013 - Jul 21, 2014 | -24.74% Oct 3, 2018 - Apr 30, 2019 |
| #4 | -12.71% Sep 15, 2008 - Dec 11, 2008 | -18.38% Mar 25, 2022 - Nov 10, 2022 |
| #5 | -12.37% Jan 30, 2015 - Jun 3, 2016 | -15.24% Feb 24, 2015 - Apr 27, 2016 |
| #6 | -12.13% Jul 8, 2016 - Mar 22, 2019 | -15.24% Nov 11, 2024 - May 2, 2025 |
| #7 | -11.20% Dec 30, 2008 - Sep 2, 2009 | -13.71% Mar 2, 2026 - Mar 30, 2026 |
| #8 | -10.32% Aug 26, 2010 - Jul 29, 2011 | -12.72% Jun 8, 2021 - Feb 28, 2022 |
| #9 | -5.97% Aug 28, 2019 - Jan 27, 2020 | -11.64% Apr 20, 2006 - Oct 13, 2006 |
| #10 | -5.84% Jul 25, 2012 - May 1, 2013 | -9.60% Jun 9, 2014 - Oct 31, 2014 |
| #11 | -5.61% May 7, 2007 - Aug 31, 2007 | -8.64% Aug 1, 2023 - Nov 14, 2023 |
| #12 | -5.31% Sep 22, 2011 - Dec 19, 2011 | -8.42% Oct 8, 2025 - Dec 22, 2025 |
| #13 | -5.13% Jan 31, 2012 - May 4, 2012 | -7.92% Apr 19, 2018 - Jul 31, 2018 |
| #14 | -5.13% Oct 1, 2009 - Apr 27, 2010 | -7.69% Jul 19, 2007 - Sep 18, 2007 |
| #15 | -4.93% Mar 20, 2008 - Sep 10, 2008 | -6.95% Feb 1, 2018 - Feb 26, 2018 |
Correlation
Correlation between BLV and PPA is 0.61 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2005 - 2026)
BLV vs PPA dividend yield comparison.
| Year | BLV | PPA |
|---|---|---|
| 2026 | 2.92% | 0.10% |
| 2025 | 4.67% | 0.42% |
| 2024 | 5.09% | 0.61% |
| 2023 | 4.06% | 0.67% |
| 2022 | 4.17% | 0.83% |
| 2021 | 3.37% | 0.59% |
| 2020 | 6.12% | 0.88% |
| 2019 | 3.57% | 0.95% |
| 2018 | 4.07% | 0.90% |
| 2017 | 3.63% | 0.67% |
| 2016 | 4.16% | 1.70% |
| 2015 | 4.37% | 1.41% |
| 2014 | 3.88% | 0.62% |
| 2013 | 4.85% | 1.26% |
| 2012 | 5.66% | 2.12% |
| 2011 | 5.11% | 1.09% |
| 2010 | 5.85% | 0.83% |
| 2009 | 5.26% | 1.18% |
| 2008 | 4.99% | 1.03% |
| 2007 | 3.57% | 0.24% |
| 2006 | 0.00% | 0.27% |
| 2005 | 0.00% | 0.14% |
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