PPA: Invesco Aerospace & Defense ETF
About
PPA was created on 2005-10-26 by Invesco. The fund's investment portfolio concentrates primarily on industrials equity. The ETF currently has 4396.31m in AUM and 56 holdings. PPA tracks a market-cap-weighted index of US-listed stocks involved in the defense", military", homeland security and space industries.
Current Value
$120.051 Year Return
Current Value
$120.051 Year Return
Key Details
Assets Under Management
$4.61B
Div Yield %
0.54%
P/E Ratio
31.06
Net Asset Value
$119.56
Expense Ratio
0.57%
1Y ETF Return
0.38%
Strategies that include PPA
Stock's related to PPA
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CW | 77.32% | $13.95B | +71.72% | 0.22% |
| MOG.A | 72.44% | $7.05B | +57.17% | 0.63% |
| PH | 70.18% | $90.45B | +62.95% | 0.91% |
| TDG | 70.03% | $69.73B | +34.95% | 0.00% |
| GE | 67.49% | $193.41B | +87.35% | 0.51% |
| GD | 67.37% | $76.97B | +13.18% | 1.98% |
| HEI.A | 65.22% | $29.86B | +55.28% | 0.10% |
| HEI | 64.98% | $38.44B | +59.79% | 0.08% |
| KBR | 64.80% | $8.03B | +15.10% | 0.96% |
| J | 63.12% | $16.83B | +30.85% | 0.84% |
| HWM | 63.10% | $47.52B | +123.76% | 0.22% |
| PRIM | 62.06% | $4.47B | +171.65% | 0.29% |
| DRS | 60.07% | $9.44B | +93.60% | 0.00% |
| CR | 59.96% | $10.48B | +70.24% | 0.43% |
| AIR | 59.58% | $2.44B | -0.95% | 0.00% |
| GWW | 59.26% | $58.17B | +47.64% | 0.67% |
| HXL | 58.45% | $4.82B | -11.47% | 1.01% |
| CACI | 58.07% | $10.65B | +47.02% | 0.00% |
| TXT | 57.54% | $15.58B | +7.63% | 0.09% |
| KTOS | 57.43% | $3.96B | +37.74% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LITB | 0.08% | $37.87M | -73.39% | 0.00% |
| INSM | -0.43% | $13.20B | +211.04% | 0.00% |
| PCVX | 0.49% | $11.02B | +80.39% | 0.00% |
| MCK | 0.53% | $79.75B | +37.34% | 0.41% |
| CYCN | -0.61% | $3.85M | -33.95% | 0.00% |
| CPB | 0.75% | $13.23B | +8.54% | 3.29% |
| MNR | 0.93% | $1.70B | -6.89% | 15.55% |
| SJM | -0.95% | $12.12B | +0.51% | 3.76% |
| TCTM | -1.00% | $7.57M | -41.30% | 0.00% |
| VIRT | -1.05% | $3.25B | +113.85% | 2.55% |
| PRPO | -1.31% | $8.89M | -14.59% | 0.00% |
| BNED | 1.31% | $270.40M | -91.94% | 0.00% |
| BTCT | 1.45% | $58.86M | +395.83% | 0.00% |
| NEUE | 1.53% | $41.96M | -33.09% | 0.00% |
| SRPT | 1.60% | $10.55B | +31.91% | 0.00% |
| CYD | 1.70% | $384.48M | -0.79% | 4.00% |
| FATBB | -1.90% | $75.27M | -12.35% | 12.73% |
| DOGZ | -1.99% | $567.92M | +1,322.65% | 0.00% |
| HUM | 2.09% | $35.61B | -42.65% | 1.19% |
| NTZ | 2.13% | $47.64M | -30.80% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PULM | -13.42% | $22.32M | +230.27% | 0.00% |
| HIHO | -12.14% | $8.50M | -1.53% | 6.22% |
| OXBR | -7.69% | $19.24M | +183.49% | 0.00% |
| MNOV | -7.34% | $98.09M | +5.26% | 0.00% |
| CBOE | -6.96% | $22.09B | +17.17% | 1.08% |
| SOC | -6.62% | $2.05B | +85.50% | 0.00% |
| STG | -6.52% | $35.47M | +5.43% | 0.00% |
| QTTB | -5.56% | $329.37M | +172.64% | 0.00% |
| UUU | -3.34% | $4.98M | -18.37% | 0.00% |
| DOGZ | -1.99% | $567.92M | +1,322.65% | 0.00% |
| FATBB | -1.90% | $75.27M | -12.35% | 12.73% |
| PRPO | -1.31% | $8.89M | -14.59% | 0.00% |
| VIRT | -1.05% | $3.25B | +113.85% | 2.55% |
| TCTM | -1.00% | $7.57M | -41.30% | 0.00% |
| SJM | -0.95% | $12.12B | +0.51% | 3.76% |
| CYCN | -0.61% | $3.85M | -33.95% | 0.00% |
| INSM | -0.43% | $13.20B | +211.04% | 0.00% |
| LITB | 0.08% | $37.87M | -73.39% | 0.00% |
| PCVX | 0.49% | $11.02B | +80.39% | 0.00% |
| MCK | 0.53% | $79.75B | +37.34% | 0.41% |
ETF's related to PPA
News
SeekingAlpha
Housing starts have been falling for the past two years, and builders see little hope in sight for improvement. Read more here.
SeekingAlpha
Invesco Aerospace & Defense Fund benefits from increased demand for defense products amid escalating conflicts. Read why I rate PPA ETF a Buy now.
SeekingAlpha
While Nvidia is among companies still to report, we are nearing the end of third-quarter earnings season, and it has been reasonably upbeat. Click to read.
SeekingAlpha
Financial analyst discusses post-election market uncertainty impacting sectors like healthcare and defense, focusing on innovative defense investments.
SeekingAlpha
Security challenges across four different regions seem to represent a new and unique coordinated global campaign targeting U.S. and ally interests.
SeekingAlpha
Elbit Systems' stock surges 15% on Iron Beam news, with $21.1 billion backlog pointing to strong revenue potential in 2025. Read more about ESLT stock here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.