PPA

Invesco Aerospace & Defense ETF
B

67
*Unless otherwise stated, data provided by FactSet.

PPA Fund Description

PPA tracks a market-cap-weighted index of US-listed stocks involved in the defense, military, homeland security and space industries.

PPA Factset Analytics Insight

PPA aims to provide broadly defined exposure to the aerospace & defense industry. In this narrow, highly concentrated space, classification rules drive everything. PPA holds firms that we classify into a wide variety of non-defense industries, which considerably dilutes its focus in our assessment. Further, in an effort to diversify its portfolio, PPA places caps on its positions, leading to a small tilt. Investors haven't been put off by PPA's inclusive take on the space: the fund sees strong volume each day with modest spreads, and larger traders should be able to get good block execution. However, investors should be mindful of PPA's high management fee and weak tracking, which makes holding costs a big hurdle for this fund.

PPA CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 04/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PPA 4.09% 13.45% 22.22% 3.39% 19.89% 14.56% 18.05%
PPA (NAV) 4.06% 13.50% 22.11% 3.45% 19.87% 14.56% 18.04%
SPADE Defense Index 4.11% 13.66% 22.32% 4.03% 20.59% 15.26% 18.04%
Thomson Reuters US Aerospace & Defense 3.70% 10.88% 21.21% 2.04% 22.30% 15.98% 20.10%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PPA Top 10 Countries

PPA Top 10 Sectors

PPA Top 10 Holdings [View All]

PPA Summary Data

Invesco
10/26/05
Open-Ended Fund
0.60%
$892.66M
$3.56M
0.05%

PPA Portfolio Data

$55.87B
21.87
5.01
0.80%
06/24/19
49

PPA Index Data

SPADE Defense Index
Market Cap
Committee
Thomson Reuters US Aerospace & Defense

PPA Portfolio Management

0.60%
-0.68%
-0.38%
-1.16%

PPA Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PPA Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

PPA Factset Analytics Block Liquidity

As of 04/22/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PPA. PPA is rated a 5 out of 5.

PPA Tradability

60,820
$3.56M
47,806
$2.83M
0.05%
$0.03
-0.01%
0.09% / -0.16%
None
99.00%
50,000
0.96
0.02%
0.09%
--
$60.36
5

PPA Sector/Industry Breakdown


PPA
Segment Benchmark
66.87%
100.00%
7.06%
--
6.98%
--
6.90%
--
4.11%
--
2.43%
--
1.85%
--
1.39%
--
0.76%
--
0.68%
--

PPA Countries


PPA
Segment Benchmark
98.55%
100.00%
1.37%
--
0.08%
--

PPA Regions


PPA
Segment Benchmark
98.63%
100.00%
1.37%
--

PPA Economic Development


PPA
Segment Benchmark
100.00%
100.00%

PPA Performance Statistics

0.90
0.82
0.77
0.88
0.43%
Thomson Reuters US Aerospace & Defense

PPA BENCHMARK COMPARISON HOLDINGS

49
30
24
51.28%

PPA BENCHMARK COMPARISON SUMMARY


PPA
Segment Benchmark
49
30
$55.87B
$126.91B
21.87
20.41
5.01
7.38
1.38%
1.77%
High
High

PPA BENCHMARK COMPARISON MARKET CAP SIZE


PPA
Segment Benchmark
61.92%
89.62%
34.29%
9.38%
3.37%
1.01%
0.42%
0.00%