PPA vs IJJ
Comparison between INVESCO AEROSPACE & DEFENSE ETF (PPA, ETF) and ISHARES S&P MID-CAP 400 VALUE ETF (IJJ, ETF).
5-Year PerformancePPA has outperformed IJJ, delivering a return of +17.9% compared to +7.1%
PPA vs IJJ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PPA
$7.90B
Winner
IJJ
$8B
Expense Ratio
PPA
0.58%
Winner
IJJ
0.18%
Max Drawdown
Winner
PPA
57.80%
IJJ
59.57%
Sharpe Ratio
Winner
PPA
1.53
IJJ
1.21
5Y Beta
Winner
PPA
0.85
IJJ
0.91
P/E Ratio
PPA
45.44
Winner
IJJ
21.73
Forward P/E
PPA
27.94
Winner
IJJ
13.92
PEG Ratio
PPA
0.65
Winner
IJJ
0.21
5Y Dividends CAGR
PPA
-0.76%
Winner
IJJ
12.72%
5Y EPS CAGR
Winner
PPA
12.58%
IJJ
9.07%
Debt to Equity
PPA
130.12%
Winner
IJJ
13.40%
P/S Ratio
PPA
2.74
Winner
IJJ
1.01
P/B Ratio
PPA
6.06
Winner
IJJ
2.02
PPA vs IJJ - Holdings Comparison
PPA and IJJ have 6 common holdings. Overlap is 0.55%
PPA's top 25 holdings weight is 82.99%. IJJ's top 25 holdings weight is 20.42%.
| Rank | PPA | IJJ |
|---|---|---|
| #1 | BOEING CO (BA) - 9.29% | US FOODS HOLDING CORP (USFD) - 1.20% |
| #2 | GE AEROSPACE (GE) - 7.92% | RELIANCE INC (RS) - 1.13% |
| #3 | RTX CORP (RTX) - 7.20% | ALCOA CORP (AA) - 1.04% |
| #4 | LOCKHEED MARTIN CORP (LMT) - 6.39% | TD SYNNEX CORP (SNX) - 1.01% |
| #5 | NORTHROP GRUMMAN CORP (NOC) - 4.50% | ANNALY CAPITAL MANAGEMENT INC (NLY) - 0.98% |
| #6 | HONEYWELL INTERNATIONAL INC (HON) - 4.41% | JONES LANG LASALLE INC (JLL) - 0.96% |
| #7 | HOWMET AEROSPACE INC (HWM) - 4.18% | WATSCO INC ORDINARY SHARES (WSO) - 0.95% |
| #8 | GENERAL DYNAMICS CORP (GD) - 4.17% | OVINTIV INC (OVV) - 0.94% |
| #9 | PARKER HANNIFIN CORP (PH) - 4.01% | WESCO INTERNATIONAL INC (WCC) - 0.92% |
| #10 | L3HARRIS TECHNOLOGIES INC (LHX) - 3.86% | PERMIAN RESOURCES CORP CLASS A (PR) - 0.91% |
| #11 | ELBIT SYSTEMS LTD (n/a) - 3.60% | PINNACLE FINANCIAL PARTNERS INC (PNFP) - 0.88% |
| #12 | ROCKET LAB CORP (RKLB) - 2.67% | REGAL REXNORD CORP (RRX) - 0.85% |
| #13 | TRANSDIGM GROUP INC (TDG) - 2.64% | ENTEGRIS INC (ENTG) - 0.85% |
| #14 | AMPHENOL CORP CLASS A (APH) - 2.31% | PERFORMANCE FOOD GROUP CO (PFGC) - 0.83% |
| #15 | EATON CORP PLC (ETN) - 2.27% | TOLL BROTHERS INC (TOL) - 0.83% |
| #16 | CURTISS-WRIGHT CORP (CW) - 1.72% | REINSURANCE GROUP OF AMERICA INC (RGA) - 0.82% |
| #17 | AXON ENTERPRISE INC (AXON) - 1.71% | FIDELITY NATIONAL FINANCIAL INC (FNF) - 0.79% |
| #18 | CARPENTER TECHNOLOGY CORP (CRS) - 1.37% | ALLY FINANCIAL INC (ALLY) - 0.74% |
| #19 | ATI INC (ATI) - 1.34% | BJ'S WHOLESALE CLUB HOLDINGS INC (BJ) - 0.73% |
| #20 | WOODWARD INC (WWD) - 1.31% | ARAMARK (ARMK) - 0.72% |
| #21 | HUNTINGTON INGALLS INDUSTRIES INC (HII) - 1.27% | JEFFERIES FINANCIAL GROUP INC (JEF) - 0.47% |
| #22 | n/a (PLTR) - 1.26% | RPM INTERNATIONAL INC (RPM) - 0.47% |
| #23 | BWX TECHNOLOGIES INC (BWXT) - 1.23% | MAPLEBEAR INC (CART) - 0.47% |
| #24 | HEICO CORP (HEI) - 1.22% | CHORD ENERGY CORP ORDINARY SHARES NEW (CHRD) - 0.47% |
| #25 | TEXTRON INC (TXT) - 1.14% | VOYA FINANCIAL INC (VOYA) - 0.46% |
| Total Holdings | 63 | 265 |
PPA vs IJJ - Historical Returns
Returns include dividend reinvestment.
1M
PPA
-4.92%
Winner
IJJ
+3.02%
3M
PPA
-5.21%
Winner
IJJ
-0.59%
6M
PPA
+9.34%
Winner
IJJ
+11.50%
1Y
Winner
PPA
+33.01%
IJJ
+22.48%
5Y(CAGR)
Winner
PPA
+17.87%
IJJ
+7.14%
10Y(CAGR)
Winner
PPA
+17.53%
IJJ
+10.67%
Max(CAGR)
Winner
PPA
+13.57%
IJJ
+10.29%
PPA vs IJJ - Annual Returns (2000 - 2026)
Returns include dividend reinvestment.
| Year | PPA | IJJ |
|---|---|---|
| 2026 | +4.04% | +6.88% |
| 2025 | +37.54% | +7.94% |
| 2024 | +26.23% | +11.60% |
| 2023 | +18.39% | +15.45% |
| 2022 | +8.80% | -7.75% |
| 2021 | +10.86% | +32.74% |
| 2020 | -1.43% | +3.67% |
| 2019 | +39.54% | +25.41% |
| 2018 | -7.59% | -12.86% |
| 2017 | +28.95% | +11.19% |
| 2016 | +20.62% | +27.52% |
| 2015 | +4.24% | -6.57% |
| 2014 | +14.18% | +12.92% |
| 2013 | +46.90% | +30.57% |
| 2012 | +15.91% | +16.68% |
| 2011 | -2.54% | -3.96% |
| 2010 | +8.47% | +20.61% |
| 2009 | +18.19% | +31.51% |
| 2008 | -36.19% | -34.46% |
| 2007 | +21.82% | +1.56% |
| 2006 | +19.17% | +12.53% |
| 2005 | +3.96% | +13.12% |
| 2004 | N/A | +18.20% |
| 2003 | N/A | +36.87% |
| 2002 | N/A | -9.74% |
| 2001 | N/A | +10.26% |
| 2000 | N/A | +19.96% |
PPA vs IJJ Drawdown Comparison
The maximum drawdown for PPA was -57.37%, occurring on Mar 9, 2009. Recovery took 1365 trading sessions.
The maximum drawdown for IJJ was -58.01%, occurring on Mar 9, 2009. Recovery took 927 trading sessions.
The current PPA drawdown is -9.66%. The current IJJ drawdown is -1.04%.
| Rank | PPA | IJJ |
|---|---|---|
| #1 | -57.37% Oct 9, 2007 - Mar 13, 2013 | -58.01% Jun 4, 2007 - Feb 7, 2011 |
| #2 | -43.91% Feb 12, 2020 - Apr 1, 2021 | -46.11% Jan 16, 2020 - Dec 4, 2020 |
| #3 | -24.74% Oct 3, 2018 - Apr 30, 2019 | -32.55% Apr 17, 2002 - Oct 7, 2003 |
| #4 | -18.38% Mar 25, 2022 - Nov 10, 2022 | -27.56% Apr 29, 2011 - Mar 15, 2012 |
| #5 | -15.24% Feb 24, 2015 - Apr 27, 2016 | -22.84% Aug 29, 2018 - Nov 5, 2019 |
| #6 | -15.24% Nov 11, 2024 - May 2, 2025 | -22.67% Nov 25, 2024 - Dec 10, 2025 |
| #7 | -13.71% Mar 2, 2026 - Mar 30, 2026 | -21.32% May 22, 2001 - Mar 1, 2002 |
| #8 | -12.72% Jun 8, 2021 - Feb 28, 2022 | -21.22% Jun 23, 2015 - Jul 12, 2016 |
| #9 | -11.64% Apr 20, 2006 - Oct 13, 2006 | -19.09% Jan 4, 2022 - Jan 27, 2023 |
| #10 | -9.60% Jun 9, 2014 - Oct 31, 2014 | -18.74% Feb 2, 2023 - Dec 19, 2023 |
| #11 | -8.64% Aug 1, 2023 - Nov 14, 2023 | -11.66% Feb 15, 2001 - Apr 30, 2001 |
| #12 | -8.42% Oct 8, 2025 - Dec 22, 2025 | -11.65% Mar 19, 2012 - Sep 6, 2012 |
| #13 | -7.92% Apr 19, 2018 - Jul 31, 2018 | -11.48% May 8, 2006 - Nov 15, 2006 |
| #14 | -7.69% Jul 19, 2007 - Sep 18, 2007 | -10.59% Feb 6, 2026 - Mar 20, 2026 |
| #15 | -6.95% Feb 1, 2018 - Feb 26, 2018 | -10.46% Sep 2, 2014 - Nov 24, 2014 |
Correlation
Correlation between PPA and IJJ is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
0.96
-101
Dividend Comparison (2000 - 2026)
PPA vs IJJ dividend yield comparison.
| Year | PPA | IJJ |
|---|---|---|
| 2026 | 0.03% | 0.31% |
| 2025 | 0.42% | 1.79% |
| 2024 | 0.61% | 1.81% |
| 2023 | 0.67% | 1.68% |
| 2022 | 0.83% | 1.97% |
| 2021 | 0.59% | 1.62% |
| 2020 | 0.88% | 1.78% |
| 2019 | 0.95% | 1.70% |
| 2018 | 0.90% | 2.01% |
| 2017 | 0.67% | 1.52% |
| 2016 | 1.70% | 1.67% |
| 2015 | 1.41% | 1.83% |
| 2014 | 0.62% | 1.65% |
| 2013 | 1.26% | 1.48% |
| 2012 | 2.12% | 1.90% |
| 2011 | 1.09% | 1.78% |
| 2010 | 0.83% | 1.56% |
| 2009 | 1.18% | 2.05% |
| 2008 | 1.03% | 3.14% |
| 2007 | 0.24% | 1.74% |
| 2006 | 0.27% | 1.79% |
| 2005 | 0.14% | 1.64% |
| 2004 | 0.00% | 1.20% |
| 2003 | 0.00% | 1.23% |
| 2002 | 0.00% | 1.40% |
| 2001 | 0.00% | 1.18% |
| 2000 | 0.00% | 0.76% |
Select Stocks to Compare
Popular: PPA vs SPYIJJ vs SPY
More Comparisons
Compare with similar stocks