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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 +18.6% compared to -3.5%

BLV vs PPA - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
BLV
$8.50B
PPA
$8.40B
Expense Ratio
Winner
BLV
0.03%
PPA
0.58%
Max Drawdown
Winner
BLV
46.31%
PPA
57.80%
Sharpe Ratio
BLV
0.28
Winner
PPA
1.18
5Y Beta
Winner
BLV
0.13
PPA
0.87
P/E Ratio
BLV
N/A
PPA
46.49
Forward P/E
BLV
N/A
PPA
28.75
PEG Ratio
BLV
N/A
PPA
0.81
5Y Dividends CAGR
BLV
-11.46%
Winner
PPA
-0.76%
5Y EPS CAGR
BLV
N/A
PPA
12.41%
Debt to Equity
BLV
N/A
PPA
131.57%
P/S Ratio
BLV
N/A
PPA
3.10
P/B Ratio
BLV
N/A
PPA
6.97

BLV vs PPA - Historical Returns

Returns include dividend reinvestment.

1M
BLV
+2.49%
Winner
PPA
+6.82%
3M
Winner
BLV
+0.91%
PPA
+0.31%
6M
BLV
+1.04%
Winner
PPA
+13.96%
1Y
BLV
+6.30%
Winner
PPA
+29.96%
5Y(CAGR)
BLV
-3.48%
Winner
PPA
+18.63%
10Y(CAGR)
BLV
+0.87%
Winner
PPA
+17.83%
Max(CAGR)
BLV
+4.24%
Winner
PPA
+13.76%

BLV vs PPA - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

YearBLVPPA
2026+0.87%+9.13%
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%
2006N/A+19.17%
2005N/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 -23.85%. The current PPA drawdown is -5.24%.

RankBLVPPA
#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 0.62 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.62
-101

Dividend Comparison (2005 - 2026)

BLV vs PPA dividend yield comparison.

YearBLVPPA
20261.99%0.03%
20254.67%0.42%
20245.09%0.61%
20234.06%0.67%
20224.17%0.83%
20213.37%0.59%
20206.12%0.88%
20193.57%0.95%
20184.07%0.90%
20173.63%0.67%
20164.16%1.70%
20154.37%1.41%
20143.88%0.62%
20134.85%1.26%
20125.66%2.12%
20115.11%1.09%
20105.85%0.83%
20095.26%1.18%
20084.99%1.03%
20073.57%0.24%
20060.00%0.27%
20050.00%0.14%

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