PPA

Invesco Aerospace & Defense ETF

$150.85

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Invesco Aerospace & Defense ETF (PPA) seeks to track the investment results of an index that is designed to provide exposure to companies that are engaged in the aerospace and defense industry.

Overview

ETF tracking Invesco Aerospace & Defense ETF

Category Industrials

Issuer Invesco

Inception Date 2008-11-03

Market Cap $6.4B

Average Volume N/A

Dividend Yield 0.64%

52-Week Range $105.20 - $159.55

VWAP $150.62

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Invesco Aerospace & Defense ETF (PPA) seeks to track the investment results of an index that is designed to provide exposure to companies that are engaged in the aerospace and defense industry.

🎯 Investment Strategy

The ETF employs a passive management approach, seeking to track the performance of the SPADE Defense Index. The index is composed of companies that are engaged in the production of commercial and military aerospace and defense equipment, parts, and products.

✨ Key Features

Provides exposure to the aerospace and defense industry
Tracks the SPADE Defense Index, which is designed to measure the performance of companies in this sector
Diversified portfolio of companies involved in commercial and military aerospace and defense
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk: The fund is focused on a specific industry, which may be more volatile than the broader market
Equity market risk: The value of the fund's shares is subject to fluctuations in the equity markets
Regulatory risk: Changes in government regulations or policies affecting the aerospace and defense industry could impact the fund's performance
Lack of performance history: The fund has limited performance data, as it was recently launched

👤 Best For

The Invesco Aerospace & Defense ETF may be suitable for investors seeking exposure to the aerospace and defense industry as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon who are comfortable with the risks associated with a sector-specific fund.