PPA 📈 Invesco Aerospace & Defense - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US46137V1008 • Industrials
PPA: Aircraft, Military, Space, Defense, Technology, Systems
The Invesco Aerospace & Defense ETF, listed on NYSE ARCA under the ticker PPA, is designed to track the performance of companies that are crucial to the defense sector. This includes businesses involved in the development, manufacture, operation, and support of U.S. defense, military, national, and homeland security, as well as government space operations. By focusing on these areas, the fund provides investors with exposure to a segment of the market that is systematically important to national security and defense. The fund's investment strategy typically involves allocating at least 90% of its total assets to securities that are part of the underlying index, which is composed of common stocks of key defense sector companies.
As a non-diversified fund, the Invesco Aerospace & Defense ETF concentrates its investments in a specific sector, which can lead to higher potential returns but also increased risk. The fund's underlying index is carefully selected to include companies that are directly involved in the development and manufacture of defense-related products and services, as well as those that provide operational and support services to the U.S. defense and security sectors. This targeted approach allows investors to gain exposure to the aerospace and defense industry, which can be an attractive option for those looking to invest in a sector that is critical to national security and often less correlated with the broader market. The fund is managed by Invesco, a well-established investment management company with a significant presence in the United States and a website available at http://www.invesco.com/us.
The Invesco Aerospace & Defense ETF is classified as an industrials ETF, reflecting its focus on companies involved in the production of goods and services related to the defense sector. With its domicile in the United States and an ISIN of US46137V1008, the fund is subject to U.S. regulatory requirements and is listed on a major U.S. exchange, providing investors with a liquid and accessible way to invest in the aerospace and defense industry. By tracking the performance of its underlying index, the fund offers a straightforward and transparent investment solution for those looking to gain exposure to this critical sector of the U.S. economy.
Additional Sources for PPA ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
PPA ETF Overview
Market Cap in USD | 4,685m |
Category | Industrials |
TER | 0.58% |
IPO / Inception | 2005-10-26 |
PPA ETF Ratings
Growth 5y | 77.2% |
Fundamental | - |
Dividend | 33.3% |
Rel. Strength Industry | 20.1 |
Analysts | - |
Fair Price Momentum | 118.93 USD |
Fair Price DCF | - |
PPA Dividends
Dividend Yield 12m | 0.33% |
Yield on Cost 5y | 0.58% |
Annual Growth 5y | -1.04% |
Payout Consistency | 90.5% |
PPA Growth Ratios
Growth Correlation 3m | 44.9% |
Growth Correlation 12m | 97.2% |
Growth Correlation 5y | 92.5% |
CAGR 5y | 11.75% |
CAGR/Mean DD 5y | 1.73 |
Sharpe Ratio 12m | 1.43 |
Alpha | 0.16 |
Beta | 1.06 |
Volatility | 25.10% |
Current Volume | 236.8k |
Average Volume 20d | 166.3k |
As of December 22, 2024, the stock is trading at USD 116.21 with a total of 236,800 shares traded.
Over the past week, the price has changed by -2.37%, over one month by -2.69%, over three months by +1.36% and over the past year by +25.72%.
Yes. Based on ValueRay Analyses, Invesco Aerospace & Defense (NYSE ARCA:PPA) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 77.22 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of PPA as of December 2024 is 118.93. This means that PPA is currently overvalued and has a potential downside of 2.34%.
Invesco Aerospace & Defense has no consensus analysts rating.
According to ValueRays Forecast Model, PPA Invesco Aerospace & Defense will be worth about 132.5 in December 2025. The stock is currently trading at 116.21. This means that the stock has a potential upside of +14.01%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 132.5 | 14% |