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Invesco Aerospace & Defense ETF (PPA)

119.94 +1.45 (+1.22%)
As of 2:15 PM EST. Market Open.

ETF Summary

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of common stocks of companies that are systematically important to the defense sector and are involved with the development, manufacture, operation and support of U.S. defense, military, national/homeland security, and government space operations. The fund is non-diversified.

ETF Overview

Category Industrials
Fund Family Invesco
Net Assets 4.36B
YTD Daily Total Return 29.04%
Yield 0.57%
Legal Type Exchange Traded Fund

ETF Operations

Attributes PPA Category Average
Annual Report Expense Ratio (net) 0.57% 0.66%
Holdings Turnover 18.00% 40.44%
Total Net Assets 48,009.37 48,009.37

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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