Global X Defense Tech ETF charges 0.5% fees versus Invesco Aerospace & Defense ETF’s 0.58%, while PPA leads in 1-year returns.
The Global X Defense Tech ETF (SHLD) undercuts the Invesco Aerospace & Defense ETF (PPA) with a 0.5% expense ratio, compared to PPA’s 0.58%. SHLD also offers a marginally higher dividend yield of 0.5%, versus PPA’s 0.4%.
PPA, launched in 2005, holds 61 stocks, primarily in industrials (90%) and technology (10%). Its top holdings include Boeing (BA), General Electric (GE), and RTX, with a trailing 12-month dividend of $0.66 per share. SHLD targets newer defense technology trends, while PPA focuses on established U.S. aerospace and defense operations.
Performance metrics show PPA leading in recent total returns, though SHLD’s lower fees may appeal to cost-sensitive investors.