Key stats
About Invesco Aerospace & Defense ETF
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Inception date
Oct 26, 2005
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PPA aims to provide broadly defined exposure to the aerospace & defense industry, which may also include firms in non-defense industries. The fund specifically includes NYSE- or NASDAQ-listed companies engaged in operations supporting the US defense, military, homeland security, and space operations. In this narrow, highly concentrated space, the fund managers use size, liquidity, and revenue screens in selecting its constituents. In addition, the fund managers have discretion on any addition or deletions of holdings at any time if they believe such securities no longer represent the funds industry focus. Selected securities are weighted by market-cap and are rebalanced quarterly, employing 10% weight constraints on each individual constituent in an effort to diversify its portfolio.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Stocks99.97%
Electronic Technology76.79%
Transportation9.05%
Technology Services6.54%
Producer Manufacturing3.50%
Commercial Services2.61%
Non-Energy Minerals1.12%
Consumer Durables0.24%
Communications0.13%
Bonds, Cash & Other0.03%
Mutual fund0.03%
Stock breakdown by region
North America95.23%
Europe2.47%
Middle East2.30%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PPA invests in stocks. The fund's major sectors are Electronic Technology, with 76.79% stocks, and Transportation, with 9.05% of the basket. The assets are mostly located in the North America region.
PPA top holdings are GE Aerospace and Boeing Company, occupying 7.85% and 7.83% of the portfolio correspondingly.
PPA last dividends amounted to 0.05 USD. The quarter before, the issuer paid 0.31 USD in dividends, which shows a 538.15% decrease.
PPA assets under management is 5.22 B USD. It's risen 18.68% over the last month.
PPA fund flows account for 896.78 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PPA pays dividends to its holders with the dividend yield of 0.49%. The last dividend (Mar 28, 2025) amounted to 0.05 USD. The dividends are paid quarterly.
PPA shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Oct 26, 2005, and its management style is Passive.
PPA expense ratio is 0.57% meaning you'd have to pay 0.57% of your investment to help manage the fund.
PPA follows the SPADE Defense Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PPA invests in stocks.
PPA price has risen by 13.28% over the last month, and its yearly performance shows a 23.32% increase. See more dynamics on PPA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 14.96% over the last month, showed a 11.57% increase in three-month performance and has increased by 24.13% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 14.96% over the last month, showed a 11.57% increase in three-month performance and has increased by 24.13% in a year.
PPA trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.