PPA vs XLP: how much do they overlap?
Invesco Aerospace & Defense ETF (PPA) · Consumer Staples Select Sector SPDR ETF (XLP)
overlap by weight · 0 shared holdings
PPA: 60 holdings (as of 2026-04-30) · XLP: 34 holdings (as of 09-Jul-2026)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
PPA and XLP hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
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.
Top shared holdings
| Company | Ticker | in PPA | in XLP |
|---|
FAQ
How much do PPA and XLP overlap?
PPA and XLP have a 0% overlap by weight, sharing 0 holdings (out of 60 in PPA and 34 in XLP), based on official issuer holdings as of 2026-04-30.
What does 0% overlap mean?
PPA and XLP hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do PPA and XLP both hold?
The largest shared positions are . The full list of top shared holdings with weights in each fund is shown on this page.