Invesco Aerospace & Defense ETF is a strong long-term play, but recent gains make it overbought; I recommend waiting for a pullback. Global defense spending is rising, especially in Europe, and the potential Golden Dome project could drive a multi-year sector boom. Key holdings like Boeing, Lockheed Martin, and L3Harris stand to benefit, but valuations are stretched; Lockheed Martin offers the best value now.
Looking for broad exposure to the Industrials - Aerospace & Defense segment of the equity market? You should consider the Invesco Aerospace & Defense ETF (PPA), a passively managed exchange traded fund launched on 10/26/2005.
Record-breaking revenues, profits, and backlogs in aerospace & defense signal continued robust demand for both commercial and defense segments into 2025 and beyond. Global defense spending is accelerating, with Europe and major countries boosting budgets, while commercial aerospace faces unprecedented jet demand and historic order backlogs. Invesco Aerospace & Defense ETF (PPA) outperforms the S&P 500 and peers, backed by strong holdings, high quant ratings, and a diversified portfolio of industry leaders.
![]() PPA In 2 weeks Announced | Annual | €1.92 Per Share |
![]() PPA 7 Aug 2023 | Other | €1.04 Per Share |
![]() PPA 25 Jul 2022 | Other | €0.63 Per Share |
![]() PPA 26 Jul 2021 | Other | €0.4 Per Share |
![]() PPA 27 Jul 2020 | Other | €0.54 Per Share |
10 Jul 2024 Date | | - Cons. EPS | - EPS |
2 Apr 2024 Date | | - Cons. EPS | - EPS |
11 Mar 2024 Date | | - Cons. EPS | - EPS |
29 Mar 2016 Date | | - Cons. EPS | - EPS |
25 Nov 2015 Date | | - Cons. EPS | 0.18 EPS |
![]() PPA In 2 weeks Announced | Annual | €1.92 Per Share |
![]() PPA 7 Aug 2023 | Other | €1.04 Per Share |
![]() PPA 25 Jul 2022 | Other | €0.63 Per Share |
![]() PPA 26 Jul 2021 | Other | €0.4 Per Share |
![]() PPA 27 Jul 2020 | Other | €0.54 Per Share |
10 Jul 2024 Date | | - Cons. EPS | - EPS |
2 Apr 2024 Date | | - Cons. EPS | - EPS |
11 Mar 2024 Date | | - Cons. EPS | - EPS |
29 Mar 2016 Date | | - Cons. EPS | - EPS |
25 Nov 2015 Date | | - Cons. EPS | 0.18 EPS |
Asset Management Industry | Financial Services Sector | - CEO | ASE Exchange | GRS470003013 ISIN |
US Country | - Employees | 23 Jun 2025 Last Dividend | - Last Split | - IPO Date |
The company described is a specialized investment fund that primarily focuses on the defense sector, specifically targeting companies that play a critical role in U.S. defense, military, national security, and government space operations. As an investment entity, it commits at least 90% of its assets to securities within its underlying index, which is carefully selected to represent the integral components and contributors to these sectors. This fund is notable for its concentrated approach, as it is categorized as non-diversified, implying a focused investment in securities deemed systematically important to its identified sphere of interest.
This product focuses on investment in common stocks of companies that are deemed systematically significant to the defense sector. These include firms involved in the development, manufacture, operation, and support of U.S. defense and military operations, emphasizing national/homeland security and government space operations. The fund dedicates a substantial portion of its assets—minimum 90%—to these securities, aiming to maximize returns from this specific sector.