{
  "page": "compare",
  "query": {
    "a": "PPA",
    "b": "FSDAX"
  },
  "retrieved_at": "2026-07-07T19:07:18+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Invesco Aerospace & Defense ETF",
    "ticker": "PPA",
    "slug": "PPA",
    "series_id": "S000003039",
    "html_url": "https://fundwatcher.app/funds/PPA/"
  },
  "fund_b": {
    "name": "Select Defense and Aerospace Portfolio",
    "ticker": "FSDAX",
    "slug": "FSDAX",
    "series_id": "S000007456",
    "html_url": "https://fundwatcher.app/funds/FSDAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.5075536582977242475518752685",
    "coverage_b_by_a": "0.5075536582977242475518752685",
    "shared_count": 22,
    "as_of": {
      "a": "2026-01-31",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "LOCKHEED MARTIN CORP",
        "value": "709177193.36",
        "weight": "0.08623338",
        "shared": true
      },
      {
        "name": "RTX CORP",
        "value": "682957453.26",
        "weight": "0.08304515",
        "shared": true
      },
      {
        "name": "BOEING CO/THE",
        "value": "680254447.16",
        "weight": "0.08271648",
        "shared": true
      },
      {
        "name": "GENERAL ELECTRIC CO",
        "value": "615207827.74",
        "weight": "0.07480704",
        "shared": true
      },
      {
        "name": "NORTHROP GRUMMAN CORP",
        "value": "477416416.74",
        "weight": "0.05805211",
        "shared": true
      },
      {
        "name": "GENERAL DYNAMICS CORPORATION",
        "value": "388608530.67",
        "weight": "0.04725339",
        "shared": true
      },
      {
        "name": "L3HARRIS TECHNOLOGIES INC",
        "value": "332487015.90",
        "weight": "0.04042922",
        "shared": true
      },
      {
        "name": "HONEYWELL INTL INC",
        "value": "332274075.84",
        "weight": "0.04040332",
        "shared": false
      },
      {
        "name": "Invesco Private Prime Fund",
        "value": "293644484.93",
        "weight": "0.03570611",
        "shared": false
      },
      {
        "name": "HOWMET AEROSPACE INC",
        "value": "286069424.40",
        "weight": "0.03478501",
        "shared": true
      },
      {
        "name": "PARKER HANNIFIN CORP",
        "value": "248357898.40",
        "weight": "0.03019942",
        "shared": false
      },
      {
        "name": "TRANSDIGM GROUP INC",
        "value": "222280825.86",
        "weight": "0.02702854",
        "shared": true
      },
      {
        "name": "Elbit Systems Ltd ILS1",
        "value": "212628595.08",
        "weight": "0.02585487",
        "shared": false
      },
      {
        "name": "AMPHENOL CORPORATION CL A",
        "value": "195370174.72",
        "weight": "0.02375631",
        "shared": false
      },
      {
        "name": "ROCKET LAB CORP",
        "value": "139344780.09",
        "weight": "0.01694382",
        "shared": true
      },
      {
        "name": "EATON CORP PLC",
        "value": "133412385.96",
        "weight": "0.01622246",
        "shared": false
      },
      {
        "name": "AXON ENTERPRISE INC",
        "value": "114961956.98",
        "weight": "0.01397896",
        "shared": true
      },
      {
        "name": "Invesco Private Government Fund",
        "value": "114134462.38",
        "weight": "0.01387834",
        "shared": false
      },
      {
        "name": "KRATOS DEFENSE and SEC SOLTN INC",
        "value": "113329335.78",
        "weight": "0.01378044",
        "shared": false
      },
      {
        "name": "CURTISS WRIGHT CORPORATION",
        "value": "108896275.94",
        "weight": "0.01324139",
        "shared": true
      },
      {
        "name": "HEICO CORP",
        "value": "107143032.53",
        "weight": "0.01302820",
        "shared": false
      },
      {
        "name": "LEIDOS HOLDINGS INC",
        "value": "104372076.60",
        "weight": "0.01269127",
        "shared": false
      },
      {
        "name": "HUNTINGTON INGALLS INDUSTRIES INC",
        "value": "102719239.23",
        "weight": "0.01249029",
        "shared": true
      },
      {
        "name": "AEROVIRONMENT INC",
        "value": "90573629.72",
        "weight": "0.01101343",
        "shared": true
      },
      {
        "name": "BWX TECHNOLOGIES INC",
        "value": "87203802.42",
        "weight": "0.01060367",
        "shared": false
      },
      {
        "name": "PALANTIR TECHNOLOGIES INC",
        "value": "85582027.21",
        "weight": "0.01040646",
        "shared": false
      },
      {
        "name": "WOODWARD INC",
        "value": "82376182.00",
        "weight": "0.01001665",
        "shared": true
      },
      {
        "name": "TEXTRON INC",
        "value": "78885028.60",
        "weight": "0.00959213",
        "shared": true
      },
      {
        "name": "CACI INTL-A",
        "value": "76307757.96",
        "weight": "0.00927875",
        "shared": true
      },
      {
        "name": "ATI INC",
        "value": "75014869.50",
        "weight": "0.00912154",
        "shared": true
      },
      {
        "name": "CAE INC",
        "value": "67132835.28",
        "weight": "0.00816311",
        "shared": false
      },
      {
        "name": "LEONARDO DRS INC",
        "value": "65478833.66",
        "weight": "0.00796199",
        "shared": true
      },
      {
        "name": "STANDARDAERO INC",
        "value": "65301367.33",
        "weight": "0.00794041",
        "shared": true
      },
      {
        "name": "KARMAN HOLDINGS INC",
        "value": "64249501.20",
        "weight": "0.00781251",
        "shared": true
      },
      {
        "name": "TELEDYNE TECHNOLOGIES INC",
        "value": "58816225.70",
        "weight": "0.00715184",
        "shared": false
      },
      {
        "name": "BOOZ ALLEN HAMILTON HLDG CL A",
        "value": "48846833.22",
        "weight": "0.00593960",
        "shared": false
      },
      {
        "name": "PLANET LABS PBC A",
        "value": "47594542.93",
        "weight": "0.00578732",
        "shared": false
      },
      {
        "name": "KEYSIGHT TECHNOLOGIES INC",
        "value": "44584747.68",
        "weight": "0.00542134",
        "shared": false
      },
      {
        "name": "MOOG INC-CLASS A",
        "value": "42569148.85",
        "weight": "0.00517625",
        "shared": false
      },
      {
        "name": "HEXCEL CORPORATION",
        "value": "39957895.25",
        "weight": "0.00485874",
        "shared": false
      },
      {
        "name": "MERCURY SYSTEMS INC",
        "value": "36767444.84",
        "weight": "0.00447079",
        "shared": true
      },
      {
        "name": "AMENTUM HOLDINGS INC",
        "value": "36543473.64",
        "weight": "0.00444355",
        "shared": false
      },
      {
        "name": "VIASAT INC",
        "value": "34405311.45",
        "weight": "0.00418356",
        "shared": false
      },
      {
        "name": "TTM TECHNOLOGIES INC",
        "value": "30416468.00",
        "weight": "0.00369853",
        "shared": false
      },
      {
        "name": "AAR CORP",
        "value": "27319908.14",
        "weight": "0.00332200",
        "shared": false
      },
      {
        "name": "KBR INC",
        "value": "25681847.43",
        "weight": "0.00312282",
        "shared": false
      },
      {
        "name": "SCIENCE APPLICATIONS INTERNATIONAL CORP",
        "value": "23261318.40",
        "weight": "0.00282849",
        "shared": false
      },
      {
        "name": "LOAR HOLDINGS INC",
        "value": "21971523.24",
        "weight": "0.00267166",
        "shared": false
      },
      {
        "name": "PARSONS CORP",
        "value": "20905974.06",
        "weight": "0.00254209",
        "shared": false
      },
      {
        "name": "OSI SYSTEMS INC",
        "value": "20480962.92",
        "weight": "0.00249041",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "GENERAL ELECTRIC CO",
        "value": "929235900.00",
        "weight": "0.22395538",
        "shared": true
      },
      {
        "name": "RTX CORP",
        "value": "558177576.00",
        "weight": "0.13452652",
        "shared": true
      },
      {
        "name": "BOEING CO/THE",
        "value": "454855223.00",
        "weight": "0.10962477",
        "shared": true
      },
      {
        "name": "HOWMET AEROSPACE INC",
        "value": "206269821.00",
        "weight": "0.04971314",
        "shared": true
      },
      {
        "name": "HEICO CORP CL A",
        "value": "170886287.00",
        "weight": "0.04118535",
        "shared": false
      },
      {
        "name": "GENERAL DYNAMICS CORPORATION",
        "value": "169884390.00",
        "weight": "0.04094388",
        "shared": true
      },
      {
        "name": "CURTISS WRIGHT CORPORATION",
        "value": "130611545.00",
        "weight": "0.03147872",
        "shared": true
      },
      {
        "name": "ROLLS-ROYCE HOLDINGS PLC",
        "value": "115540257.33",
        "weight": "0.02784639",
        "shared": false
      },
      {
        "name": "WOODWARD INC",
        "value": "114055524.00",
        "weight": "0.02748855",
        "shared": true
      },
      {
        "name": "CARPENTER TECHNOLOGY CORP",
        "value": "113410143.00",
        "weight": "0.02733301",
        "shared": false
      },
      {
        "name": "AXON ENTERPRISE INC",
        "value": "106527360.00",
        "weight": "0.02567419",
        "shared": true
      },
      {
        "name": "ROCKET LAB CORP",
        "value": "103076470.00",
        "weight": "0.02484249",
        "shared": true
      },
      {
        "name": "HUNTINGTON INGALLS INDUSTRIES INC",
        "value": "102106244.00",
        "weight": "0.02460865",
        "shared": true
      },
      {
        "name": "BOMBARDIER INC-B",
        "value": "98616552.18",
        "weight": "0.02376760",
        "shared": false
      },
      {
        "name": "TEXTRON INC",
        "value": "93174925.00",
        "weight": "0.02245611",
        "shared": true
      },
      {
        "name": "TRANSDIGM GROUP INC",
        "value": "90283347.00",
        "weight": "0.02175921",
        "shared": true
      },
      {
        "name": "ATI INC",
        "value": "82711104.00",
        "weight": "0.01993422",
        "shared": true
      },
      {
        "name": "L3HARRIS TECHNOLOGIES INC",
        "value": "78631278.00",
        "weight": "0.01895094",
        "shared": true
      },
      {
        "name": "STANDARDAERO INC",
        "value": "65936640.00",
        "weight": "0.01589141",
        "shared": true
      },
      {
        "name": "NORTHROP GRUMMAN CORP",
        "value": "59616474.00",
        "weight": "0.01436818",
        "shared": true
      },
      {
        "name": "LOCKHEED MARTIN CORP",
        "value": "51461856.00",
        "weight": "0.01240284",
        "shared": true
      },
      {
        "name": "Fidelity Securities Lending Cash Central Fund",
        "value": "48021348.28",
        "weight": "0.01157364",
        "shared": false
      },
      {
        "name": "MERCURY SYSTEMS INC",
        "value": "41933130.00",
        "weight": "0.01010631",
        "shared": true
      },
      {
        "name": "KARMAN HOLDINGS INC",
        "value": "37605348.00",
        "weight": "0.00906327",
        "shared": true
      },
      {
        "name": "CACI INTL-A",
        "value": "36305115.00",
        "weight": "0.00874991",
        "shared": true
      },
      {
        "name": "BAE SYSTEMS PLC",
        "value": "33315761.15",
        "weight": "0.00802944",
        "shared": false
      },
      {
        "name": "LEONARDO DRS INC",
        "value": "31175715.00",
        "weight": "0.00751367",
        "shared": true
      },
      {
        "name": "Fidelity Cash Central Fund",
        "value": "17553132.72",
        "weight": "0.00423049",
        "shared": false
      },
      {
        "name": "AEROVIRONMENT INC",
        "value": "7895425.00",
        "weight": "0.00190288",
        "shared": true
      },
      {
        "name": "BETA TECHNOLOGIES INC",
        "value": "327120.00",
        "weight": "0.00007884",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001209466-26-000455",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1209466/000120946626000455/0001209466-26-000455-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000035402-26-002654",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/320351/000003540226002654/0000035402-26-002654-index.htm"
    }
  ]
}