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›ETF Issuers›Invesco›PPA

PPA

Invesco Aerospace & Defense ETF

Passive ETF Equity Theme: US Defense

The PPA Exchange Traded Fund (ETF) is provided by Invesco. It is built to track an index: SPADE Defense Index. The PPA ETF provides physical exposure, so by buying it you actually own parts of all the 61 underlying holdings. This share class generates a stream of income by distributing dividends.

$156.87

-$1.2 (-0.78%) yesterday

1:30 PM 10/27/26 Closed

1D price range

$156.08$158.58

52W price range

$144.29$186.30

YTD Perf.

+1.32%

YTD Flows

Annualized volatility

Fund AuM

€6.69B

Share class AuM

€6.69B

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

US46137V1008

TER

0.58%

Inception date

10/26/2005

Issuer

Invesco

Benchmark

SPADE Defense Index

Replication method

Dividend policy

Distributing

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API

PerformanceDec 31, 2025 - Oct 26, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 08/31/26

Industrials

86.69%

Technology

5.26%

Business Services

3.70%

Non-Energy Materials

3.36%

Other

0.98%

Latest PPA news

ETFs to Profit from Europe’s Defense Spending Surge

Moving Markets · March 7, 2025

Defense ETFs on Investors’ Radar as WWIII Concerns Escalate

Moving Markets · August 11, 2024

FAQ about PPA

PPA is a passively managed ETF. This ETF provides exposure to US Aerospace & Defense Equities.

PPA tracks the SPADE Defense TR Index - USD, through a full replication replication method.

PPA carries a total expense ratio (TER) of 0.58%.

PPA was introduced to the market on October 26, 2005.

Invesco Aerospace & Defense ETF, PPA, is provided by Invesco. Learn more about Invesco here.

PPA oversees €6.69B in assets as of October 26, 2026.

PPA follows a distributing dividend policy, meaning it pays out income to investors. As of October 26, 2026, its 12-month trailing yield was 0.39%.

As of August 31, 2026, PPA has significant geographic allocations in USA, Israel and Ireland.

As of August 31, 2026, PPA focuses largely on Industrials, Technology and Business Services.

As of August 31, 2026, PPA holds 61 positions in its portfolio, with 68.17% of assets concentrated in its top 15 holdings.

As of August 31, 2026, PPA top three holdings include RTX Corp., GE Aerospace and The Boeing Co..

The base currency of PPA is USD.

Top 10 holdings

Data as of 08/31/26

RTX Corp.

8.32%

GE Aerospace

6.88%

The Boeing Co.

6.78%

Lockheed Martin Corp.

6.56%

General Dynamics Corp.

5.00%

Northrop Grumman Corp.

4.86%

Howmet Aerospace, Inc.

4.31%

Parker-Hannifin Corp.

3.89%

Axon Enterprise, Inc.

3.77%

L3Harris Technologies, Inc.

3.68%

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