PPA vs. RYCEY
Compare and contrast key facts about Invesco Aerospace & Defense ETF (PPA) and Rolls-Royce Holdings plc (RYCEY).
PPA is a passively managed fund by Invesco that tracks the performance of the SPADE Defense Index. It was launched on Oct 26, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PPA or RYCEY.
Correlation
The correlation between PPA and RYCEY is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PPA vs. RYCEY - Performance Comparison
Key characteristics
PPA:
0.99
RYCEY:
2.49
PPA:
1.47
RYCEY:
3.03
PPA:
1.21
RYCEY:
1.43
PPA:
1.34
RYCEY:
2.80
PPA:
4.75
RYCEY:
19.54
PPA:
4.30%
RYCEY:
5.20%
PPA:
20.68%
RYCEY:
40.74%
PPA:
-57.37%
RYCEY:
-91.66%
PPA:
-4.47%
RYCEY:
-7.27%
Returns By Period
In the year-to-date period, PPA achieves a 3.39% return, which is significantly lower than RYCEY's 40.84% return. Over the past 10 years, PPA has outperformed RYCEY with an annualized return of 13.67%, while RYCEY has yielded a comparatively lower 5.08% annualized return.
PPA
3.39%
-2.02%
2.16%
19.50%
18.82%
13.67%
RYCEY
40.84%
-5.74%
36.69%
94.93%
44.34%
5.08%
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Risk-Adjusted Performance
PPA vs. RYCEY — Risk-Adjusted Performance Rank
PPA
RYCEY
PPA vs. RYCEY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Aerospace & Defense ETF (PPA) and Rolls-Royce Holdings plc (RYCEY). 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.
Dividends
PPA vs. RYCEY - Dividend Comparison
PPA's dividend yield for the trailing twelve months is around 0.53%, less than RYCEY's 0.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPA Invesco Aerospace & Defense ETF | 0.53% | 0.61% | 0.67% | 0.83% | 0.59% | 0.88% | 0.95% | 0.90% | 0.67% | 1.70% | 1.41% | 0.62% |
RYCEY Rolls-Royce Holdings plc | 0.77% | 0.00% | 0.00% | 0.00% | 0.00% | 128.87% | 1.71% | 1.46% | 1.35% | 1.92% | 4.01% | 2.72% |
Drawdowns
PPA vs. RYCEY - Drawdown Comparison
The maximum PPA drawdown since its inception was -57.37%, smaller than the maximum RYCEY drawdown of -91.66%. Use the drawdown chart below to compare losses from any high point for PPA and RYCEY. For additional features, visit the drawdowns tool.
Volatility
PPA vs. RYCEY - Volatility Comparison
The current volatility for Invesco Aerospace & Defense ETF (PPA) is 13.65%, while Rolls-Royce Holdings plc (RYCEY) has a volatility of 22.57%. This indicates that PPA experiences smaller price fluctuations and is considered to be less risky than RYCEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.