Invesco Aerospace & Defense ETF (PPA)
| Assets | $8.30B |
| Expense Ratio | 0.58% |
| PE Ratio | 36.35 |
| Shares Out | 47.69M |
| Dividend (ttm) | $0.66 |
| Dividend Yield | 0.37% |
| Ex-Dividend Date | Mar 23, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | 13.51% |
| Volume | 163,991 |
| Open | 177.77 |
| Previous Close | 177.65 |
| Day's Range | 175.20 - 178.11 |
| 52-Week Low | 111.44 |
| 52-Week High | 186.30 |
| Beta | 0.78 |
| Holdings | 63 |
| 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
56.93% of assets| Name | Symbol | Weight |
|---|---|---|
| The Boeing Company | BA | 8.39% |
| GE Aerospace | GE | 8.11% |
| RTX Corporation | RTX | 7.74% |
| Lockheed Martin Corporation | LMT | 7.11% |
| Northrop Grumman Corporation | NOC | 4.93% |
| Honeywell International Inc. | HON | 4.50% |
| General Dynamics Corporation | GD | 4.21% |
| Howmet Aerospace Inc. | HWM | 4.18% |
| L3Harris Technologies, Inc. | LHX | 3.93% |
| Parker-Hannifin Corporation | PH | 3.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 23, 2026 | $0.04615 | Mar 27, 2026 |
| Sep 22, 2025 | $0.45491 | Sep 26, 2025 |
| 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 |
Performance
PPA had a total return of 52.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.88%.
News
Disruptive Theme of the Week: ETF Ramifications of the Iran War
Since the start of Operation Epic Fury at the end of February, Brent crude oil prices have risen as high as $150 a barrel as the Strait of Hormuz has been effectively closed by Iran. Panic over suppl...
ETF Prime: Defense ETFs Draw Billions Amid Global Tensions
Key Takeaways: Defense ETFs now hold $42 billion in assets with $9 billion in inflows this year amid rising geopolitical tensions. Eight out of nine new defense ETF launches since 2025 have been globa...
Defense Stocks Up as Global Conflict Explodes: Watch These ETFs
Global conflict has erupted in 2026, from South America to the Middle East. With energy at the center of the picture, markets face potentially serious volatility.
Venezuela Shockwaves: Trump's Military Posture Fuels Fresh Defense ETF Trade
The recent U.S. military operation in Venezuela reignited global attention on geopolitical risks. While this supports an eventual ramp-up of government defense budgets, investors are increasingly view...
US Defense ETFs Could Gain Ground As Europe's War Premium Deflates
European defense stocks experienced a sharp sell-off this week, reminding investors just how news-oriented the sector can be.
This Defense Stock Could Hit $170 'Before Year-End,' Expert Explains Why
Rising geopolitical tensions have investors interested in defense stocks.
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.
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.
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...
Time Is Right To Stick With Aerospace And Defense ETFs
Amid flaring geopolitical tensions with Iran, it's not surprising that some market experts are recommending aerospace and defense stocks.
3 Aerospace And Defense ETFs Benefiting From Turmoil In The Middle East
When geopolitical headwinds howl, particularly those flowing from the Middle East, it's reasonable to expect that among the various sectors and industries, energy stocks will be affected.