PPA ETF Analysis: Aerospace & Defense | NYSE
Industrials | NYSE, USA | Market Cap: 8.788m USD | 12M Return: 20.1% | US46137V1008 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.8M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Invesco Aerospace & Defense ETF (PPA) is a U.S.-listed, non-diversified exchange-traded fund that tracks an underlying index composed of common stocks of companies deemed systematically important to the U.S. defense sector. The fund commits at least 90% of its total assets to securities within this index, which targets firms involved in the development, manufacture, operation, and support of U.S. defense, military, national/homeland security, and government space operations. Launched in 2005 and classified within the Industrials category, PPA is structured as a mid-cap fund.
The U.S. defense and aerospace industry is characterized by a concentrated group of prime contractors that supply major weapons systems, platforms, and services to federal agencies, including the Department of Defense, the Department of Homeland Security, and government space programs such as NASA and the U.S. Space Force. As a non-diversified fund, PPA holds a more concentrated portfolio than diversified ETFs, which can increase exposure to the performance and risks of individual holdings within the defense supply chain.
- US defense budget increases lift contractor revenues
- Geopolitical tensions drive allied military spending higher
- Commercial aerospace recovery accelerates Boeing supplier orders
As of August 21, 2026, the stock is trading at USD 173.77 with a total of 189,799 shares traded. Over the past week, the price has changed by -5.18%, over one month by +3.54%, over three months by +3.40% and over the past year by +20.11%.
Current recommended Stop Loss: 168.80 (which is 2.9% or 1.6 ATR below the current price).
Aerospace & Defense has no consensus analysts rating.