VUSB vs PPA

Comparison between VANGUARD ULTRA-SHORT BOND ETF ETF SHARES (VUSB, ETF) and INVESCO AEROSPACE & DEFENSE ETF (PPA, ETF).

5-Year PerformancePPA has outperformed VUSB, delivering a return of +18.7% compared to +3.4%

VUSB vs PPA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VUSB(ETF)	PPA(ETF)
Net Assets	$8.20B	$8B
Expense Ratio	0.10%	0.58%
Max Drawdown	2.81%	57.80%
Sharpe Ratio	1.43	1.44
5Y Beta	0.01	0.86
P/E Ratio	N/A	45.44
Forward P/E	N/A	27.58
PEG Ratio	N/A	0.65
5Y Dividends CAGR	N/A	-0.76%
5Y EPS CAGR	N/A	12.58%
Debt to Equity	N/A	130.12%
P/S Ratio	N/A	2.80
P/B Ratio	N/A	6.18

Net Assets

Winner

VUSB

$8.20B

PPA

$8B

Expense Ratio

Winner

VUSB

0.10%

PPA

0.58%

Max Drawdown

Winner

VUSB

2.81%

PPA

57.80%

Sharpe Ratio

VUSB

1.43

Winner

PPA

1.44

5Y Beta

Winner

VUSB

0.01

PPA

0.86

P/E Ratio

VUSB

N/A

PPA

45.44

Forward P/E

VUSB

N/A

PPA

27.58

PEG Ratio

VUSB

N/A

PPA

0.65

5Y Dividends CAGR

VUSB

N/A

PPA

-0.76%

5Y EPS CAGR

VUSB

N/A

PPA

12.58%

Debt to Equity

VUSB

N/A

PPA

130.12%

P/S Ratio

VUSB

N/A

PPA

2.80

P/B Ratio

VUSB

N/A

PPA

6.18

VUSB vs PPA - Historical Returns

Returns include dividend reinvestment.

Period	VUSB	PPA
1 month	+0.33%	-4.16%
3 months	+0.54%	-3.72%
6 months	+1.84%	+12.66%
1 year	+4.70%	+32.31%
5 years(CAGR)	+3.40%	+18.74%
10 years(CAGR)	N/A	+17.61%
Max(CAGR)	+3.34%	+13.62%

Winner

VUSB

+0.33%

PPA

-4.16%

Winner

VUSB

+0.54%

PPA

-3.72%

VUSB

+1.84%

Winner

PPA

+12.66%

VUSB

+4.70%

Winner

PPA

+32.31%

5Y(CAGR)

VUSB

+3.40%

Winner

PPA

+18.74%

10Y(CAGR)

VUSB

N/A

PPA

+17.61%

Max(CAGR)

VUSB

+3.34%

Winner

PPA

+13.62%

VUSB vs PPA - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	VUSB	PPA
2026	+1.11%	+5.21%
2025	+5.20%	+37.54%
2024	+5.77%	+26.23%
2023	+5.52%	+18.39%
2022	-0.35%	+8.80%
2021	+0.00%	+10.86%
2020	N/A	-1.43%
2019	N/A	+39.54%
2018	N/A	-7.59%
2017	N/A	+28.95%
2016	N/A	+20.62%
2015	N/A	+4.24%
2014	N/A	+14.18%
2013	N/A	+46.90%
2012	N/A	+15.91%
2011	N/A	-2.54%
2010	N/A	+8.47%
2009	N/A	+18.19%
2008	N/A	-36.19%
2007	N/A	+21.82%
2006	N/A	+19.17%
2005	N/A	+3.96%

VUSB vs PPA Drawdown Comparison

The maximum drawdown for VUSB was -1.79%, occurring on Jun 14, 2022. Recovery took 361 trading sessions.

The maximum drawdown for PPA was -57.37%, occurring on Mar 9, 2009. Recovery took 1365 trading sessions.

The current VUSB drawdown is -0.02%. The current PPA drawdown is -8.64%.

Rank	VUSB	PPA
#1	-1.79% Oct 1, 2021 - Mar 10, 2023	-57.37% Oct 9, 2007 - Mar 13, 2013
#2	-0.46% Apr 3, 2025 - Apr 24, 2025	-43.91% Feb 12, 2020 - Apr 1, 2021
#3	-0.37% Feb 27, 2026 - Apr 8, 2026	-24.74% Oct 3, 2018 - Apr 30, 2019
#4	-0.28% Mar 24, 2023 - Apr 5, 2023	-18.38% Mar 25, 2022 - Nov 10, 2022
#5	-0.20% May 12, 2023 - Jun 1, 2023	-15.24% Feb 24, 2015 - Apr 27, 2016
#6	-0.20% Apr 4, 2024 - Apr 23, 2024	-15.24% Nov 11, 2024 - May 2, 2025
#7	-0.19% Feb 1, 2024 - Feb 20, 2024	-13.71% Mar 2, 2026 - Mar 30, 2026
#8	-0.16% Sep 27, 2024 - Oct 16, 2024	-12.72% Jun 8, 2021 - Feb 28, 2022
#9	-0.14% Oct 9, 2023 - Oct 20, 2023	-11.64% Apr 20, 2006 - Oct 13, 2006
#10	-0.14% Aug 4, 2023 - Aug 23, 2023	-9.60% Jun 9, 2014 - Oct 31, 2014
#11	-0.14% Jul 13, 2023 - Jul 26, 2023	-8.64% Aug 1, 2023 - Nov 14, 2023
#12	-0.13% Jan 12, 2024 - Jan 25, 2024	-8.42% Oct 8, 2025 - Dec 22, 2025
#13	-0.12% Jun 1, 2023 - Jun 20, 2023	-7.92% Apr 19, 2018 - Jul 31, 2018
#14	-0.12% Mar 15, 2023 - Mar 20, 2023	-7.69% Jul 19, 2007 - Sep 18, 2007
#15	-0.12% Jun 28, 2023 - Jul 5, 2023	-6.95% Feb 1, 2018 - Feb 26, 2018

Correlation

Correlation between VUSB and PPA is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2005 - 2026)

VUSB vs PPA dividend yield comparison.

Year	VUSB	PPA
2026	1.41%	0.03%
2025	4.63%	0.42%
2024	5.16%	0.61%
2023	4.45%	0.67%
2022	1.56%	0.83%
2021	0.26%	0.59%
2020	0.00%	0.88%
2019	0.00%	0.95%
2018	0.00%	0.90%
2017	0.00%	0.67%
2016	0.00%	1.70%
2015	0.00%	1.41%
2014	0.00%	0.62%
2013	0.00%	1.26%
2012	0.00%	2.12%
2011	0.00%	1.09%
2010	0.00%	0.83%
2009	0.00%	1.18%
2008	0.00%	1.03%
2007	0.00%	0.24%
2006	0.00%	0.27%
2005	0.00%	0.14%