PPA vs. FSDAX

In the year-to-date period, PPA achieves a 13.90% return, which is significantly lower than FSDAX's 20.92% return. Over the past 10 years, PPA has outperformed FSDAX with an annualized return of 14.64%, while FSDAX has yielded a comparatively lower 6.48% annualized return.

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PPA has a 0.61% expense ratio, which is lower than FSDAX's 0.74% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Invesco Aerospace & Defense ETF (PPA) and Fidelity Select Defense & Aerospace Portfolio (FSDAX). 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.

The current PPA Sharpe Ratio is 1.22, which is comparable to the FSDAX Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of PPA and FSDAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

PPA's dividend yield for the trailing twelve months is around 0.48%, less than FSDAX's 3.66% yield.

The maximum PPA drawdown since its inception was -57.37%, roughly equal to the maximum FSDAX drawdown of -60.20%. Use the drawdown chart below to compare losses from any high point for PPA and FSDAX. For additional features, visit the drawdowns tool.

Invesco Aerospace & Defense ETF (PPA) and Fidelity Select Defense & Aerospace Portfolio (FSDAX) have volatilities of 4.93% and 4.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.