PPA vs ITA

APPA

BITA

Measures won5–1PPA wins · of 6 · 5Y

$10,000 · 5Y$39,579SMH · PPA $22,650

Lowest cost0.35%SMH · $35 on $10k

Most income0.67%SHLD · $67 on $10k

Smallest drop−17.3%PPA · worst fall in 1Y

Held in common71.0%PPA and ITA

PPA

ITA

Invesco Aerospace & Defense ETF · $7.6BiShares U.S. Aerospace & Defense ETF · $12.5B

+27.5%3 years · per year$20,727 · $20,582+27.2%

+17.8%5 years · per year$22,650 · $21,275+16.3%

0.58%Expense ratio$58 · $37 on $10k · lower wins0.37%

0.41%12-mo yield$41 · $26 on $10k0.26%

−17.3%Worst dropSmaller wins−20.0%

21.6%VolatilityLower wins23.3%

5–1PPA wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPPA · ITA

9.5%RTX17.2%

8.8%GE20.0%

7.9%BA6.8%

9.7%LMT5.7%

Held in common71.0%

End-of-day Nov 4, 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%	0.21%	+2.0%	+44.0%	+43.3%	+56.1%	+31.7%	−24.6%	$65.8B
2	APPA	Invesco Aerospace & Defense ETFRead Desk	0.58%	0.41%	+0.7%	+3.9%	+3.1%	+27.5%	+17.8%	−17.3%	$7.6B
3	BITA	iShares U.S. Aerospace & Defense ETFRead Desk	0.37%	0.26%	+0.7%	+0.9%	+0.4%	+27.2%	+16.3%	−20.0%	$12.5B
4	SHLD	Global X - Defense Tech ETFRead Desk	0.50%	0.67%	−0.3%	−1.9%	−6.6%	+37.0%	new	−25.4%	$6.6B

End-of-day Nov 4, 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%	0.21%	+2.0%	+44.0%	+43.3%	+56.1%	+31.7%	−24.6%	$65.8B
2	APPA	Invesco Aerospace & Defense ETFRead Desk	0.58%	0.41%	+0.7%	+3.9%	+3.1%	+27.5%	+17.8%	−17.3%	$7.6B
3	BITA	iShares U.S. Aerospace & Defense ETFRead Desk	0.37%	0.26%	+0.7%	+0.9%	+0.4%	+27.2%	+16.3%	−20.0%	$12.5B
4	SHLD	Global X - Defense Tech ETFRead Desk	0.50%	0.67%	−0.3%	−1.9%	−6.6%	+37.0%	new	−25.4%	$6.6B

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PPA vs ITA

PPA

Invesco Aerospace & Defense

$22,650

ITA

iShares U.S. Aerospace & Defense

$21,275

MeasurePPAITA

Fee0.58%0.37%

Cost on $10k a year$58$37

Yield0.41%0.26%

5 years, per year+17.8%+16.3%

3 years, per year+27.5%+27.2%

Worst drop · 1Y−17.3%−20.0%

Volatility · 1Y21.6%23.3%

5–1measures won
PPA first

71.0%

holdings shared

Nov 4, 2026 · $10,000 five years ago, dividends reinvested

SOXX vs SMH

YTD

iSharesSOXX

+54.7%

SMHVanEck

+44.0%

+54.7%Year to date+44.0%

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

$44.3BAssets$65.8B

2–0SOXX wins

End-of-day Nov 4, 2026

SCHD vs VIG

YTD

SchwabSCHD

+32.8%

VIGVanguard

+14.0%

+32.8%Year to date+14.0%

3.0%Yield1.5%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+7.5%

JEPIJ.P. Morgan

+7.0%

+7.5%Year to date+7.0%

12.3%Yield8.0%

$41.8BAssets$46.0B

2–0JEPQ wins

End-of-day Nov 4, 2026

Overlap: PPA, ITA, SHLD, SMH

Today

71.0%most shared, PPA and ITA

PPAITASHLDSMH

PPA—71.0%40.8%0.0%

ITA71.0%—32.6%0.0%

SHLD40.8%32.6%—0.0%

SMH0.0%0.0%0.0%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$17most kept, SHLD

SHLD$67 − $50 = $17

ITA$26 − $37 = −$11

SMH$21 − $35 = −$14

PPA$41 − $58 = −$17

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee