PPA vs IDEF

APPA

BIDEF

Measures won3–1PPA wins · of 6 · 5Y

$10,000 · 5Y$36,298SMH · PPA $22,289

Lowest cost0.35%SMH · $35 on $10k

Most income0.42%CIBR · $42 on $10k

Smallest drop−18.4%PPA · worst fall in 1Y

Held in common42.4%PPA and IDEF

PPA

IDEF

Invesco Aerospace & Defense ETF · $7.2BiShares Defense Industrials Act · $3.5B

+24.8%3 years · per year$19,429 · […][…]

+17.4%5 years · per year$22,289 · […][…]

0.58%Expense ratio$58 · $55 on $10k · lower wins0.55%

0.41%12-mo yield$41 · $36 on $10k0.36%

−18.4%Worst dropSmaller wins−23.7%

22.5%VolatilityLower wins24.5%

3–1PPA wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPPA · IDEF

9.3%RTX7.4%

9.0%LMT5.2%

5.6%GD4.4%

5.2%NOC4.0%

Held in common42.4%

End-of-day Nov 9, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Four

5Y4 funds

#
1	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.23%	+5.1%	+35.3%	+39.3%	+50.1%	+29.4%	−33.1%	$60.7B
2	APPA	Invesco Aerospace & Defense ETFRead Desk	0.58%	0.41%	+4.0%	+2.1%	+4.8%	+24.8%	+17.4%	−18.4%	$7.2B
3	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.42%	+4.0%	+32.8%	+27.5%	+28.7%	+12.4%	−20.6%	$15.8B
4	BIDEF	iShares Defense Industrials ActRead Desk	0.55%	0.36%	+5.0%	−3.4%	−3.2%	new	new	−23.7%	$3.5B

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.23%	+5.1%	+35.3%	+39.3%	+50.1%	+29.4%	−33.1%	$60.7B
2	APPA	Invesco Aerospace & Defense ETFRead Desk	0.58%	0.41%	+4.0%	+2.1%	+4.8%	+24.8%	+17.4%	−18.4%	$7.2B
3	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.42%	+4.0%	+32.8%	+27.5%	+28.7%	+12.4%	−20.6%	$15.8B
4	BIDEF	iShares Defense Industrials ActRead Desk	0.55%	0.36%	+5.0%	−3.4%	−3.2%	new	new	−23.7%	$3.5B

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PPA vs IDEF

PPA

Invesco Aerospace & Defense

$22,289

IDEF

iShares Defense Industrials Act

[…]

MeasurePPAIDEF

Fee0.58%0.55%

Cost on $10k a year$58$55

Yield0.41%0.36%

5 years, per year+17.4%[…]

3 years, per year+24.8%[…]

Worst drop · 1Y−18.4%−23.7%

Volatility · 1Y22.5%24.5%

2–1measures won
PPA first

42.4%

holdings shared

Nov 9, 2026 · $10,000 five years ago, dividends reinvested

SOXX vs SMH

YTD

iSharesSOXX

+46.5%

SMHVanEck

+35.3%

+46.5%Year to date+35.3%

0.33% · $33Fee · on $10k a year0.35% · $35

$39.1BAssets$60.7B

2–0SOXX wins

End-of-day Nov 9, 2026

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+6.6%

JEPIJ.P. Morgan

+7.5%

+6.6%Year to date+7.5%

12.4%Yield7.9%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 9, 2026

Overlap: PPA, IDEF, SMH, CIBR

Today

42.4%most shared, PPA and IDEF

PPAIDEFSMHCIBR

PPA—42.4%0.0%2.1%

IDEF42.4%—1.0%9.8%

SMH0.0%1.0%—5.7%

CIBR2.1%9.8%5.7%—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

−$12most kept, SMH

SMH$23 − $35 = −$12

CIBR$42 − $58 = −$16

PPA$41 − $58 = −$17

IDEF$36 − $55 = −$19

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee