Key stats
About Invesco Aerospace & Defense ETF
Expense ratio
0.57%
Home page
Inception date
Oct 26, 2005
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the fund managers have discretion on any addition or deletions of holdings at any time if they believe such securities no longer represent the funds industry focus.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
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.