XLI vs. PPA - ETF Comparison
XLI - Industrial Select Sector SPDR Fund
The Industrial Select Sector SPDR Fund is an equity ETF that tracks the S&P Industrial Select Sector Index, providing exposure to the U.S. industrials sector. The fund offers a way to access a corner of the U.S. economy that includes transportation firms, providers of commercial and professional services, and manufacturers of capital goods. With a large-cap focus and a blend investment style, XLI is suitable for investors seeking tactical exposure to the industrials sector or as part of a sector rotation strategy.
PPA - Invesco Aerospace & Defense ETF
The Invesco Aerospace & Defense ETF provides exposure to the aerospace and defense sector of the industrials industry, offering a diversified portfolio of large, stable companies with long-term government contracts. While the fund comes with risks related to government spending and budget concerns, it offers broad exposure to the industry with a market capitalization-weighted approach.
| XLI | PPA | |
|---|---|---|
| Fund Name | Industrial Select Sector SPDR Fund | Invesco Aerospace & Defense ETF |
| Fund Provider | State Street | Invesco |
| Index | S&P Industrial Select Sector | SPADE Defense Index |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.09% | 0.58% |
| Inception Date | 1998-12-16 | 2005-10-26 |
| Number Of Holdings | 80 | 56 |
| Region | United States | United States |
| Investment Style | Blend | Blend |
| Market Cap | Large-Cap | Blend |
| Sector | Industrials | Industrials |
| Leveraged | Non-leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.