Invesco Aerospace & Defense ETF
PPA NYSE Arca
The Invesco Aerospace & Defense ETF is based on the SPADE™ Defense Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations
Hover to inspectDrag to measure a move← → to step through days
- Fund size
- 1.06B as of Feb 2020
- Expense ratio
- 0.61% per year
- Dividend yield
- 0.43% Quarterly
- Volatility · 1Y
- 21.5% Above Average
- Beta
- 0.81 vs the market
- 52-week range
- 145.53184.85
How PPA has paid off
Price return over every period, and total return with dividends reinvested, set against price alone.
Return by period
Price · to Oct 13Total return vs price return
Price onlyOver 1 year, PPA returned −1.1% with dividends reinvested — dividends added +0.4 pts to the price move.
How bumpy is the ride?
Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.
Volatility
Annualized · 1YA typical year sees the price swing about ±22% around its trend.
Drawdown from peak
How far below its previous high the price has been Deepest fall −17.3% on Oct 7, 2026 — 219 days after the previous high
More than 5% below a high 54% of the time.
Market sensitivity
BetaA beta of 0.81 means PPA has moved less than the market.
Trend & momentum
Where the price sits against its moving averages, and how stretched the recent move is.
Price vs moving averages
Downtrend- 12-day average155.30 −1.4%
- 26-day average158.43 −3.3%
- 50-day average162.73 −5.9%
- 200-day average164.91 −7.1%
The price is above 0 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.
Relative strength (RSI)
OversoldRSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.
Technical indicators describe past prices. They are not a forecast.
Inside the fund
Industrial Goods · Aerospace & Defense — tracking the SPADE™ Defense Index.
- Assets under management1.06BUSD
- Expense ratio0.61%per year
- Holdings53
- Risk score4.3Medium
Launched October 2005. Listed options available. Fund data as of Feb 27, 2020.
What it pays you
Cash distributions over the last twelve months, and how they have grown.
About 4 USD a year for every 1,000 USD invested at today's price.
- Per share
- 0.66
- Frequency
- Quarterly
- Last paid
- Sep 21, 2026
Last 12 months
0.52 USD / shareWhere PPA shows up
Curated themes and indices that hold PPA. Open one to see it in context, or test the whole theme in a portfolio.
About Invesco Aerospace & Defense ETF
The Invesco Aerospace & Defense ETF is based on the SPADE™ Defense Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations
- Featured in 2 curated themes
- 53 holdings
- Ticker
- PPA
- Exchange
- NYSE Arca
- ISIN
- US46137V1008
- CUSIP
- 46137V100
- Currency
- U.S. Dollar (USD)
- Country
- USA
- Sector
- Industrial Goods
- Industry
- Aerospace & Defense
- Benchmark
- SPADE™ Defense Index
All key statistics
Details
Shareas of Oct 13, 2026
Dataas of Feb 27, 2020
Put PPA to the test
See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.
Data for information only, not investment advice. Past performance does not guarantee future results.