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 months Estimated | Other | $0.15 Per Share |
![]() PPA 3 weeks ago Paid | Other | $0.15 Per Share |
![]() PPA 3 months ago Paid | Quarterly | $0.05 Per Share |
![]() PPA 6 months ago Paid | Quarterly | $0.31 Per Share |
![]() PPA 9 months ago Paid | Quarterly | $0.13 Per Share |
![]() PPA 24 Jun 2024 Paid | Quarterly | $0.14 Per Share |
![]() PPA In 2 months Estimated | Other | $0.15 Per Share |
![]() PPA 3 weeks ago Paid | Other | $0.15 Per Share |
![]() PPA 3 months ago Paid | Quarterly | $0.05 Per Share |
![]() PPA 6 months ago Paid | Quarterly | $0.31 Per Share |
![]() PPA 9 months ago Paid | Quarterly | $0.13 Per Share |
![]() PPA 24 Jun 2024 Paid | Quarterly | $0.14 Per Share |
ARCA Exchange | US Country |
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.