PPA vs BLV
Comparison between INVESCO AEROSPACE & DEFENSE ETF (PPA, ETF) and VANGUARD LONG-TERM BOND INDEX FUND ETF SHARES (BLV, ETF).
5-Year PerformancePPA has outperformed BLV, delivering a return of +18.6% compared to -3.5%
PPA vs BLV - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
PPA vs BLV - Historical Returns
Returns include dividend reinvestment.
PPA vs BLV - Annual Returns (2005 - 2026)
Returns include dividend reinvestment.
| Year | PPA | BLV |
|---|---|---|
| 2026 | +9.13% | +0.87% |
| 2025 | +37.54% | +6.29% |
| 2024 | +26.23% | -3.04% |
| 2023 | +18.39% | +6.00% |
| 2022 | +8.80% | -25.67% |
| 2021 | +10.86% | -2.55% |
| 2020 | -1.43% | +15.55% |
| 2019 | +39.54% | +18.60% |
| 2018 | -7.59% | -3.25% |
| 2017 | +28.95% | +10.31% |
| 2016 | +20.62% | +6.50% |
| 2015 | +4.24% | -4.71% |
| 2014 | +14.18% | +19.86% |
| 2013 | +46.90% | -8.08% |
| 2012 | +15.91% | +8.52% |
| 2011 | -2.54% | +22.81% |
| 2010 | +8.47% | +9.46% |
| 2009 | +18.19% | +2.41% |
| 2008 | -36.19% | +9.20% |
| 2007 | +21.82% | +6.27% |
| 2006 | +19.17% | N/A |
| 2005 | +3.96% | N/A |
PPA vs BLV Drawdown Comparison
The maximum drawdown for PPA was -57.37%, occurring on Mar 9, 2009. Recovery took 1365 trading sessions.
The maximum drawdown for BLV was -38.28%, occurring on Oct 19, 2023. This drawdown has not yet recovered.
The current PPA drawdown is -5.24%. The current BLV drawdown is -23.85%.
| Rank | PPA | BLV |
|---|---|---|
| #1 | -57.37% Oct 9, 2007 - Mar 13, 2013 | -38.28% Aug 6, 2020 - Oct 19, 2023 |
| #2 | -43.91% Feb 12, 2020 - Apr 1, 2021 | -20.04% Mar 9, 2020 - Jul 7, 2020 |
| #3 | -24.74% Oct 3, 2018 - Apr 30, 2019 | -14.49% May 2, 2013 - Jul 21, 2014 |
| #4 | -18.38% Mar 25, 2022 - Nov 10, 2022 | -12.71% Sep 15, 2008 - Dec 11, 2008 |
| #5 | -15.24% Feb 24, 2015 - Apr 27, 2016 | -12.37% Jan 30, 2015 - Jun 3, 2016 |
| #6 | -15.24% Nov 11, 2024 - May 2, 2025 | -12.13% Jul 8, 2016 - Mar 22, 2019 |
| #7 | -13.71% Mar 2, 2026 - Mar 30, 2026 | -11.20% Dec 30, 2008 - Sep 2, 2009 |
| #8 | -12.72% Jun 8, 2021 - Feb 28, 2022 | -10.32% Aug 26, 2010 - Jul 29, 2011 |
| #9 | -11.64% Apr 20, 2006 - Oct 13, 2006 | -5.97% Aug 28, 2019 - Jan 27, 2020 |
| #10 | -9.60% Jun 9, 2014 - Oct 31, 2014 | -5.84% Jul 25, 2012 - May 1, 2013 |
| #11 | -8.64% Aug 1, 2023 - Nov 14, 2023 | -5.61% May 7, 2007 - Aug 31, 2007 |
| #12 | -8.42% Oct 8, 2025 - Dec 22, 2025 | -5.31% Sep 22, 2011 - Dec 19, 2011 |
| #13 | -7.92% Apr 19, 2018 - Jul 31, 2018 | -5.13% Jan 31, 2012 - May 4, 2012 |
| #14 | -7.69% Jul 19, 2007 - Sep 18, 2007 | -5.13% Oct 1, 2009 - Apr 27, 2010 |
| #15 | -6.95% Feb 1, 2018 - Feb 26, 2018 | -4.93% Mar 20, 2008 - Sep 10, 2008 |
Correlation
Correlation between PPA and BLV is 0.62 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2005 - 2026)
PPA vs BLV dividend yield comparison.
| Year | PPA | BLV |
|---|---|---|
| 2026 | 0.03% | 1.99% |
| 2025 | 0.42% | 4.67% |
| 2024 | 0.61% | 5.09% |
| 2023 | 0.67% | 4.06% |
| 2022 | 0.83% | 4.17% |
| 2021 | 0.59% | 3.37% |
| 2020 | 0.88% | 6.12% |
| 2019 | 0.95% | 3.57% |
| 2018 | 0.90% | 4.07% |
| 2017 | 0.67% | 3.63% |
| 2016 | 1.70% | 4.16% |
| 2015 | 1.41% | 4.37% |
| 2014 | 0.62% | 3.88% |
| 2013 | 1.26% | 4.85% |
| 2012 | 2.12% | 5.66% |
| 2011 | 1.09% | 5.11% |
| 2010 | 0.83% | 5.85% |
| 2009 | 1.18% | 5.26% |
| 2008 | 1.03% | 4.99% |
| 2007 | 0.24% | 3.57% |
| 2006 | 0.27% | 0.00% |
| 2005 | 0.14% | 0.00% |
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