(PPA) Invesco Aerospace Defense - Ratings and Ratios

The Invesco Aerospace & Defense ETF (PPA) is designed to track the performance of companies critical to the U.S. defense and security landscape. It invests at least 90% of its assets in securities from its underlying index, which focuses on firms involved in defense, military, national security, and government space operations. This includes companies developing advanced technologies like cybersecurity, satellite systems, and unmanned aerial vehicles.

As a non-diversified fund, PPA can allocate a significant portion of its assets to its top holdings, which may heighten sector-specific risks but also offers the potential for substantial returns in favorable market conditions. The fund is listed on the NYSE ARCA under the ticker PPA and falls under the Industrials category, with assets under management totaling approximately $4.83 billion.

Managed by Invesco, a seasoned player in asset management, PPA provides investors exposure to the defense sector, which is heavily influenced by government spending and policy. This ETF can be a strategic addition for those seeking to align their investments with national security trends and technological advancements in defense.