Invesco Aerospace & Defense ETF (PPA)
| Assets | $5.66B |
| Expense Ratio | 0.57% |
| PE Ratio | 30.91 |
| Shares Out | 40.64M |
| Dividend (ttm) | $0.65 |
| Dividend Yield | 0.46% |
| Ex-Dividend Date | Jun 23, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 14.30% |
| Volume | 227,269 |
| Open | 140.64 |
| Previous Close | 140.23 |
| Day's Range | 140.52 - 141.89 |
| 52-Week Low | 100.39 |
| 52-Week High | 141.89 |
| Beta | 0.86 |
| Holdings | 58 |
| Inception Date | Oct 26, 2005 |
About PPA
Fund Home PageThe Invesco Aerospace & Defense ETF (PPA) is an exchange-traded fund that is based on the SPADE Defense index, a market-cap-weighted index of US-listed stocks involved in the defense, military, homeland security and space industries. PPA was launched on Oct 26, 2005 and is issued by Invesco.
Top 10 Holdings
56.35% of assets| Name | Symbol | Weight |
|---|---|---|
| The Boeing Company | BA | 7.97% |
| General Electric Company | GE | 7.85% |
| RTX Corporation | RTX | 7.42% |
| Lockheed Martin Corporation | LMT | 7.30% |
| Northrop Grumman Corporation | NOC | 4.85% |
| Honeywell International Inc. | HON | 4.69% |
| General Dynamics Corporation | GD | 4.59% |
| Howmet Aerospace Inc. | HWM | 3.93% |
| L3Harris Technologies, Inc. | LHX | 3.91% |
| Axon Enterprise, Inc. | AXON | 3.84% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 23, 2025 | $0.15502 | Jun 27, 2025 |
| Mar 24, 2025 | $0.04889 | Mar 28, 2025 |
| Dec 23, 2024 | $0.31199 | Dec 27, 2024 |
| Sep 23, 2024 | $0.13298 | Sep 27, 2024 |
| Jun 24, 2024 | $0.13929 | Jun 28, 2024 |
| Mar 18, 2024 | $0.11448 | Mar 22, 2024 |
Performance
PPA had a total return of 38.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.19%.
News
Diversify & Innovate: The Smart Way to Use Thematic ETFs
Thematic ETFs offer exciting opportunities for investors to capitalize on long-term, transformative trends shaping the world. For financial advisors, the key lies in effectively integrating these spec...
Iran Escalation Could Rally U.S. Defense Stocks -- XAR My Top ETF Choice
US Aerospace & Defense stocks are poised for improved sentiment due to escalating Middle East tensions and direct US involvement in Iran. Recent negative pressures—peace prospects in Ukraine and poten...
PPA: Aerospace And Defense Stocks' Blistering Growth Is Likely To Continue
Record-breaking revenues, profits, and backlogs in aerospace & defense signal continued robust demand for both commercial and defense segments into 2025 and beyond. Global defense spending is accelera...
PPA: Strong Demand Fuels Aerospace And Defense Stocks
Invesco Aerospace & Defense ETF is attractive due to its consistent outperformance of the S&P 500 Index. Strong forward metrics of top 10 holdings, robust demand for defense products, and U.S. support...
This Defense Stock Could Hit $170 'Before Year-End,' Expert Explains Why
Rising geopolitical tensions have investors interested in defense stocks.
PPA: Ride The Bullish Momentum As Geopolitical Tensions Persist
I rate Invesco Aerospace & Defense ETF a buy due to its quality exposure, diverse holdings, and low expense ratio of 0.57%. PPA's full replication strategy and investment in 55 diverse holdings mitiga...
PPA: Defense Stocks ETF Positioned To Soar
Invesco Aerospace & Defense ETF benefits from increased demand for defense products amid escalating conflicts in Ukraine and the Middle East, and potential support from a Trump administration. Top hol...
Defense Stocks Under Fire: Why I'm Buying The Dip
My portfolio initially surged post-election but has since faced pressure due to market uncertainty surrounding Trump's controversial appointments and their economic impact. Key affected sectors includ...
Aerospace and defense ETFs beat S&P 500 as Middle East fears intensify
Aerospace and defense ETFs have surged in the past year — and are up so far this week even as the U.S. stock market has broadly stumbled.
U.S. Defense Majors Are Losing The Export War
Things might look 'rosy' right now, but I‘ll always do my best to find anything that has the potential to break this pretty picture, even if it ultimately won't materialize. And guess what, I found so...
PPA: Well-Diversified Aerospace And Defense ETF Worth Buying
PPA is a U.S. Aerospace & Defense ETF with an impressive long-term track record. Its expense ratio is 0.58% and the ETF has $3.60 billion in assets under management. Positive defense spending projecti...
PPA: Boeing's Cash Problem And Lockheed's F-35 Delays (Rating Downgrade)
Invesco Aerospace & Defense ETF warrants a rating downgrade to a hold due to safety issues facing Boeing and Lockheed Martin's F-35 program delays. PPA has slightly underperformed the S&P 500 Index si...
PPA: Why It's The Best Aerospace And Defense ETF On The Market
PPA is a top-performing Aerospace & Defense ETF that's outperformed the market by 5% since my August 2023 review. Fees are high at 0.58% but justified, given its superior strategy. Compared to peers l...
Defense is the place to be on a 'multi-year, multi-decade' basis: Portfolio manager
Robert Schein of Blanke Schein Wealth Management is bullish on the defense sector given ongoing geopolitical tensions.
PPA: The Right Balance Of Holdings To Leverage Defense Spending And Aerospace Growth
Invesco Aerospace & Defense ETF has a track record of strong performance and a balanced mix of defense holdings compared to other ETFs. PPA has a relatively high expense ratio but offers a distinct ad...
PPA: Defense Does Not Come Cheap
Defense sector consistently outperforms SP500. Geopolitical events lead to increased NATO budgets. Defense stocks are expensive, with high PE ratios and modest EPS growth.
PPA: A Continued Beneficiary Of Geopolitical Risk
Invesco Aerospace & Defense ETF is worth considering for long-term allocation due to the secular uptrend in geopolitical risks and the likelihood of increased defense spending. PPA tracks the SPADE De...
PPA: Is This Aerospace And Defense ETF Set To Soar?
The iShares U.S. Aerospace & Defense ETF tracks an Index with an impressive 25-year track record that beats the S&P 500 Index. Between 1998-2023, there were only five key six-month periods where PPA o...
PPA: Aerospace And Defense Are Out Of Favor, Shares Are Expensive, And With Technical Downside Risk
National security was a major narrative during 2022, but as geopolitical tensions have taken a backseat to economic growth worries, PPA has underperformed. I have a sell rating on the fund based on va...
Gold, regional banks, Aerospace: ETF trade winners and losers
Blanke Schein Wealth Management CIO Robert Schein joins Yahoo Finance Live anchor Akiko Fujita to discuss the best and worst stock picks for investor portfolios amid the debt ceiling debate and the ec...
PPA: Increased Defense Spending In Response To Ukraine War Is Supportive
The United States finds itself in proxy wars with both Russia and China. Defense spending is skyrocketing in response to these proxy wars.
Invesco Aerospace & Defense ETF: A Changing World Order
Defense expenditure by NATO members has been gradually increasing since 2017; however, many NATO members are still spending less than the 2% NATO guideline. There are multiple catalysts which will sup...
Industry Outlook 2022: Bracing For The Energy Impact
The manufacturing sector continues to be plagued by supply chain problems while demand is weakening. A post-pandemic reshuffle is in the making, with demand weakening and supply becoming less disrupte...