PPA vs VTI ETF holdings comparison
Invesco Aerospace & Defense ETF (PPA) · Vanguard Total Stock Market ETF (VTI)
PPA and VTI overlap by 4.1% by portfolio weight. The remaining 95.9 percentage points are not counted as shared holdings weight by this calculation. They share 58 stocks; the largest shared position is Palantir Technologies Inc. (PLTR), contributing 0.51% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
PPA and VTI share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold. It answers "how much of my money is in the same stocks either way?" See methodology.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in PPA | in VTI |
|---|---|---|---|
| Palantir Technologies Inc. | PLTR | 1.23% | 0.51% |
| General Electric Co. | GE | 7.87% | 0.45% |
| RTX Corp. | RTX | 7.15% | 0.41% |
| Boeing Co. (The) | BA | 9.14% | 0.25% |
| Amphenol Corp. | APH | 2.34% | 0.25% |
| Honeywell International Inc. | HON | 4.40% | 0.23% |
| Lockheed Martin Corp. | LMT | 6.41% | 0.22% |
| Eaton Corp. PLC | ETN | 2.36% | 0.22% |
| Parker-Hannifin Corp. | PH | 3.75% | 0.18% |
| Northrop Grumman Corp. | NOC | 4.47% | 0.15% |
Holdings only in PPA or VTI
PPA has 2 fund-only positions representing approximately 4.3 percentage points of reported exposure; VTI has 3104 fund-only positions representing approximately 95.5 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in PPA
| Company | Ticker | Weight |
|---|---|---|
| Elbit Systems Ltd. | ESLT | 3.59% |
| CAE Inc. | CAE | 0.75% |
Largest positions only in VTI
| Company | Ticker | Weight |
|---|---|---|
| NVIDIA Corp | NVDA | 6.42% |
| Apple Inc | AAPL | 5.94% |
| Microsoft Corp | MSFT | 4.38% |
| Amazon.com Inc | AMZN | 3.21% |
| Alphabet Inc | GOOGL | 2.67% |
| Broadcom Inc | AVGO | 2.34% |
| Alphabet Inc | GOOG | 2.11% |
| Meta Platforms Inc | META | 2.00% |
| Tesla Inc | TSLA | 1.67% |
| Berkshire Hathaway Inc | BRK.B | 1.37% |
FAQ
How much do PPA and VTI overlap?
PPA and VTI have 4.1% overlap by weight, sharing 58 equity positions (out of 60 in PPA and 3162 in VTI). The official holdings files used are dated 2026-04-30 for PPA and 2026-03-31 for VTI.
What does 4.1% overlap mean?
PPA and VTI share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do PPA and VTI both hold?
The largest shared positions are Palantir Technologies Inc., General Electric Co., RTX Corp., Boeing Co. (The), Amphenol Corp.. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between PPA and VTI?
PPA has 2 positions not found in VTI, while VTI has 3104 positions not found in PPA. The largest fund-only positions and their weights are shown on this page.