^SPSUPX vs. PPA

Last updated Jul 11, 2026

^SPSUPX (S&P Composite 1500 Index) is an index, while PPA (Invesco Aerospace & Defense ETF) is Aerospace & Defense fund tracking the SPADE Defense Index.

Performance

^SPSUPX vs. PPA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P Composite 1500 Index (^SPSUPX) and Invesco Aerospace & Defense ETF (PPA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

^SPSUPX

• 1D: 0.39%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PPA

• 1D: -0.35%
• 1M: 0.18%
• 6M: 1.63%
• YTD: 11.40%
• 1Y: 22.55%
• 3Y*: 27.50%
• 5Y*: 18.89%
• 10Y*: 17.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

^SPSUPX vs. PPA - Yearly Performance Comparison

	2026 (YTD)
^SPSUPX S&P Composite 1500 Index	0.39%
PPA Invesco Aerospace & Defense ETF	-0.35%

Return for Risk

^SPSUPX vs. PPA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^SPSUPX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PPA

PPA Risk / Return Rank: 39
PPA Sharpe Ratio Rank: 39
PPA Sortino Ratio Rank: 41
PPA Omega Ratio Rank: 36
PPA Calmar Ratio Rank: 41
PPA Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^SPSUPX vs. PPA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P Composite 1500 Index (^SPSUPX) and Invesco Aerospace & Defense ETF (PPA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	^SPSUPX	PPA	Difference
Sharpe ratio: Return per unit of total volatility	—	1.13	—
Sortino ratio: Return per unit of downside risk	—	1.74	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.68	—
Martin ratio: Return relative to average drawdown	—	4.54	—

Drawdowns

^SPSUPX vs. PPA - Drawdown Comparison

The maximum ^SPSUPX drawdown since its inception was 0.00%, smaller than the maximum PPA drawdown of -57.37%. Use the drawdown chart below to compare losses from any high point for ^SPSUPX and PPA.

Drawdown Indicators

	^SPSUPX	PPA	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-57.37%	+57.37%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.71%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.24%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.37%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.92%	—
Current Drawdown Current decline from peak	0.00%	-5.98%	+5.98%
Average Drawdown Average peak-to-trough decline	0.00%	-9.17%	+9.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.07%	—

Volatility

Volatility by Period

	^SPSUPX	PPA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	20.37%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.74%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	20.72%	—