PPA
·NYSE
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Key Stats
Assets Under Management
6.82BUSD
Fund Flows (1Y)
634.55MUSD
Dividend Yield
0.62%
Discount/Premium to NAV
-0.02%
Shares Outstanding
43.64M
Expense Ratio
0.58%
About Invesco Aerospace & Defense ETF
Issuer
Invesco Capital Management LLC
Brand
Invesco
Home Page
Inception Date
Oct 26, 2005
Structure
Open-Ended Fund
Index Tracked
SPADE Defense Index
Management Style
Passive
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the fund managers have discretion on any addition or deletions of holdings at any time if they believe such securities no longer represent the fund's industry focus.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
Asset Class
Equity
Category
Sector
Focus
Industrials
Niche
Aerospace & Defense
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Cap
Selection Criteria
Committee
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +5.10% | +3.57% | +35.16% | +35.86% | +102.38% | +136.66% |
NAV Total Return | +6.98% | +3.29% | +37.21% | +35.47% | +105.93% | +143.43% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Industrials
88.82%
Technology
11.10%
Communication Services
0.08%
Industrials
88.82%
Technology
11.10%
Communication Services
0.08%
Asset
Region
97.33%
2.67%
Category
Ratio
North America
97.33%
Africa/Middle East
2.67%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Multi-Cap Blend
Provides exposure to companies of various sizes that exhibit both growth and value characteristics. This category offers a diversified portfolio with a mix of market caps.
Top 10 Holdings
Symbol
Ratio
RTX
RTX
8.76%
BA
The Boeing
8.18%
GE
GE Aerospace
7.65%
LMT
Lockheed Martin
7.11%
NOC
Northrop Grumman
5.14%
GD
General Dynamics
4.85%
HON
Honeywell
4.33%
HWM
Howmet Aerospace
4.00%
LHX
L3Harris
3.94%
PH
Parker-Hannifin
3.76%
Top 10 Weight 57.72%
60 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-09-22 | 2025-09-22 | 2025-09-26 | 0.455 |
| 2025-06-23 | 2025-06-23 | 2025-06-27 | 0.155 |
| 2025-03-24 | 2025-03-24 | 2025-03-28 | 0.049 |
| 2024-12-23 | 2024-12-23 | 2024-12-27 | 0.312 |
| 2024-09-23 | 2024-09-23 | 2024-09-27 | 0.133 |
| 2024-06-24 | 2024-06-24 | 2024-06-28 | 0.139 |
| 2024-03-18 | 2024-03-19 | 2024-03-22 | 0.114 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
