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NATO vs PPA

Themes Transatlantic Defense ETF vs Invesco Aerospace & Defense ETF

NATO

Themes Transatlantic Defense ETF

Annual cost

0.35%

Fund size

$102M

PPA

Invesco Aerospace & Defense ETF

Annual cost

0.58%

Fund size

$8.4B

Key differences

Both NATO and PPA are equity ETFs. NATO charges 0.35% a year and PPA 0.58%. The main difference: NATO covers global markets; PPA covers North America.

  • NATO covers global markets; PPA covers North America.
  • NATO costs 0.23% less per year.
  • PPA is much larger than NATO. Larger funds are usually more liquid and less likely to close.
  • PPA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NATOPPA
Annual cost (TER)0.35%0.58%
Fund size (AUM)$102M$8.4B
Since20242005
Dividend yield0.42%0.37%
Asset classequityequity
Regionglobalnorth america
Strategyindex trackingindex tracking
CAGR 1Y+12.1%+23.1%
CAGR 3YN/A+28.6%
CAGR 5YN/A+17.7%
Sharpe 3YN/A1.30
Volatility 1Y20.95%19.39%
Max drawdown-15.99%-43.92%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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