PPA

Invesco Aerospace & Defense ETF
B

62
*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 MSCI ESG Analytics Insight

Invesco Aerospace & Defense ETF has an MSCI ESG Fund Rating of A based on a score of 6.14 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco Aerospace & Defense ETF ranks in the 70th percentile within its peer group and in the 69th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PPA MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

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 08/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PPA -0.15% 6.53% 33.78% 14.04% 20.34% 17.05% 17.42%
PPA (NAV) 1.66% 8.53% 34.90% 14.47% 20.46% 16.86% 17.66%
SPADE Defense Index 1.72% 8.70% 35.41% 15.11% 21.18% 17.58% 17.66%
Thomson Reuters US Aerospace & Defense -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PPA Summary Data

Invesco
10/26/05
Open-Ended Fund
0.60%
$1.03B
$4.68M
0.05%

PPA Portfolio Data

$57.14B
25.28
5.26
0.72%
09/23/19
50

PPA Index Data

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

PPA Portfolio Management

0.60%
-0.62%
-0.38%
-1.16%

PPA Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PPA Fund Structure

Open-Ended Fund
No
Yes
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 08/20/19
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

71,611
$4.68M
58,065
$3.80M
0.05%
$0.03
0.00%
0.12% / -0.15%
None
99.00%
50,000
1.16
0.02%
0.10%
--
$66.54
5

PPA Sector/Industry Breakdown


PPA
Segment Benchmark
64.47%
100.00%
8.66%
--
8.05%
--
4.57%
--
3.58%
--
3.08%
--
2.78%
--
2.03%
--
1.39%
--
0.68%
--

PPA Countries


PPA
Segment Benchmark
98.43%
100.00%
1.46%
--
0.11%
--

PPA Regions


PPA
Segment Benchmark
98.54%
100.00%
1.46%
--

PPA Economic Development


PPA
Segment Benchmark
100.00%
100.00%

PPA Performance Statistics

0.90
0.84
0.79
0.87
0.40%
Thomson Reuters US Aerospace & Defense

PPA MSCI ESG Ratings

A
6.14 / 10
69.23
69.94
76.63%
0.49%
31.39

PPA BENCHMARK COMPARISON HOLDINGS

50
29
22
52.31%

PPA BENCHMARK COMPARISON SUMMARY


PPA
Segment Benchmark
50
29
$57.14B
$109.26B
25.28
19.47
5.26
7.19
1.33%
1.89%
High
High

PPA BENCHMARK COMPARISON MARKET CAP SIZE


PPA
Segment Benchmark
61.58%
90.71%
34.64%
8.05%
3.45%
1.24%
0.33%
0.00%