# Portfolio overlap — PPA vs FSDAX

Comparing **Invesco Aerospace & Defense ETF** (2026-01-31) and **Select Defense and Aerospace Portfolio** (2026-02-28).

- Shared positions: 22
- Invesco Aerospace & Defense ETF covered by Select Defense and Aerospace Portfolio: 0.5075536582977242475518752685
- Select Defense and Aerospace Portfolio covered by Invesco Aerospace & Defense ETF: 0.5075536582977242475518752685

## Invesco Aerospace & Defense ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| LOCKHEED MARTIN CORP | 0.086233 | ✓ |
| RTX CORP | 0.083045 | ✓ |
| BOEING CO/THE | 0.082716 | ✓ |
| GENERAL ELECTRIC CO | 0.074807 | ✓ |
| NORTHROP GRUMMAN CORP | 0.058052 | ✓ |
| GENERAL DYNAMICS CORPORATION | 0.047253 | ✓ |
| L3HARRIS TECHNOLOGIES INC | 0.040429 | ✓ |
| HONEYWELL INTL INC | 0.040403 |  |
| Invesco Private Prime Fund | 0.035706 |  |
| HOWMET AEROSPACE INC | 0.034785 | ✓ |
| PARKER HANNIFIN CORP | 0.030199 |  |
| TRANSDIGM GROUP INC | 0.027029 | ✓ |
| Elbit Systems Ltd ILS1 | 0.025855 |  |
| AMPHENOL CORPORATION CL A | 0.023756 |  |
| ROCKET LAB CORP | 0.016944 | ✓ |
| EATON CORP PLC | 0.016222 |  |
| AXON ENTERPRISE INC | 0.013979 | ✓ |
| Invesco Private Government Fund | 0.013878 |  |
| KRATOS DEFENSE and SEC SOLTN INC | 0.013780 |  |
| CURTISS WRIGHT CORPORATION | 0.013241 | ✓ |
| HEICO CORP | 0.013028 |  |
| LEIDOS HOLDINGS INC | 0.012691 |  |
| HUNTINGTON INGALLS INDUSTRIES INC | 0.012490 | ✓ |
| AEROVIRONMENT INC | 0.011013 | ✓ |
| BWX TECHNOLOGIES INC | 0.010604 |  |
| PALANTIR TECHNOLOGIES INC | 0.010406 |  |
| WOODWARD INC | 0.010017 | ✓ |
| TEXTRON INC | 0.009592 | ✓ |
| CACI INTL-A | 0.009279 | ✓ |
| ATI INC | 0.009122 | ✓ |
| CAE INC | 0.008163 |  |
| LEONARDO DRS INC | 0.007962 | ✓ |
| STANDARDAERO INC | 0.007940 | ✓ |
| KARMAN HOLDINGS INC | 0.007813 | ✓ |
| TELEDYNE TECHNOLOGIES INC | 0.007152 |  |
| BOOZ ALLEN HAMILTON HLDG CL A | 0.005940 |  |
| PLANET LABS PBC A | 0.005787 |  |
| KEYSIGHT TECHNOLOGIES INC | 0.005421 |  |
| MOOG INC-CLASS A | 0.005176 |  |
| HEXCEL CORPORATION | 0.004859 |  |
| MERCURY SYSTEMS INC | 0.004471 | ✓ |
| AMENTUM HOLDINGS INC | 0.004444 |  |
| VIASAT INC | 0.004184 |  |
| TTM TECHNOLOGIES INC | 0.003699 |  |
| AAR CORP | 0.003322 |  |
| KBR INC | 0.003123 |  |
| SCIENCE APPLICATIONS INTERNATIONAL CORP | 0.002828 |  |
| LOAR HOLDINGS INC | 0.002672 |  |
| PARSONS CORP | 0.002542 |  |
| OSI SYSTEMS INC | 0.002490 |  |

## Select Defense and Aerospace Portfolio — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| GENERAL ELECTRIC CO | 0.223955 | ✓ |
| RTX CORP | 0.134527 | ✓ |
| BOEING CO/THE | 0.109625 | ✓ |
| HOWMET AEROSPACE INC | 0.049713 | ✓ |
| HEICO CORP CL A | 0.041185 |  |
| GENERAL DYNAMICS CORPORATION | 0.040944 | ✓ |
| CURTISS WRIGHT CORPORATION | 0.031479 | ✓ |
| ROLLS-ROYCE HOLDINGS PLC | 0.027846 |  |
| WOODWARD INC | 0.027489 | ✓ |
| CARPENTER TECHNOLOGY CORP | 0.027333 |  |
| AXON ENTERPRISE INC | 0.025674 | ✓ |
| ROCKET LAB CORP | 0.024842 | ✓ |
| HUNTINGTON INGALLS INDUSTRIES INC | 0.024609 | ✓ |
| BOMBARDIER INC-B | 0.023768 |  |
| TEXTRON INC | 0.022456 | ✓ |
| TRANSDIGM GROUP INC | 0.021759 | ✓ |
| ATI INC | 0.019934 | ✓ |
| L3HARRIS TECHNOLOGIES INC | 0.018951 | ✓ |
| STANDARDAERO INC | 0.015891 | ✓ |
| NORTHROP GRUMMAN CORP | 0.014368 | ✓ |
| LOCKHEED MARTIN CORP | 0.012403 | ✓ |
| Fidelity Securities Lending Cash Central Fund | 0.011574 |  |
| MERCURY SYSTEMS INC | 0.010106 | ✓ |
| KARMAN HOLDINGS INC | 0.009063 | ✓ |
| CACI INTL-A | 0.008750 | ✓ |
| BAE SYSTEMS PLC | 0.008029 |  |
| LEONARDO DRS INC | 0.007514 | ✓ |
| Fidelity Cash Central Fund | 0.004230 |  |
| AEROVIRONMENT INC | 0.001903 | ✓ |
| BETA TECHNOLOGIES INC | 0.000079 |  |


## Sources

- N-PORT (fund A) — accession `0001209466-26-000455` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1209466/000120946626000455/0001209466-26-000455-index.htm>
- N-PORT (fund B) — accession `0000035402-26-002654` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/320351/000003540226002654/0000035402-26-002654-index.htm>

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