PPA
IndustrialsInvesco Aerospace & Defense ETF
Invesco · Tracks SPADE Defense Index · Inception Oct 26, 2005
Trailing returns
through Oct 23, 2026- 1 year
- -1.7%
- 3 year
- +24.5%
- annualized
- 5 year
- +16.9%
- annualized
Price return from month-end closes, distributions reinvested at month end. Excludes trading costs, bid-ask spreads and taxes. Past performance says nothing about future returns and is not part of the composite score — see the methodology for what the score does measure.
Composite score
Based on a 0.58% expense ratio.
Based on $7.40B in net assets.
Top-10 holdings represent 54.7% of net assets.
Industrials base · ETF wrapper · 0.43% TTM yield.
The composite is a weighted average of the four core sub-scores above (cost, tax efficiency, liquidity, concentration). Missing sub-scores fall back to the per-category median when the category has at least 50% data coverage, so funds without (e.g.) parsed N-PORT holdings aren't accidentally boosted by renormalization. Tracking quality is shown where computable but isn't currently part of the composite weighting. See methodology for formulas, the tracking-quality partial-coverage rationale, and the dimensions we deliberately don't score (methodology v0.5.2).
Look through PPA, or compare the fee
Tool · Look-through
Underlying holdings, with other funds added
Add tickers and weights; N-PORT positions are summed across the basket.
Tool · Cost
Compare PPA's fee against another fund
Compounds the 0.58% expense ratio against a peer over decades.
Tool · Overlap
Compare PPA's holdings with peers
Pairwise holdings heatmap, pre-loaded with similar Industrials funds.
Tool · TLH
Find a tax-loss harvesting partner for PPA
Ranks every catalog fund by holdings overlap, flags wash-sale risk.
Tool · Placement
Asset location for PPA across account types
Asset-location optimizer — places each fund in taxable / tax-deferred / Roth.
Top holdings
| # | Holding | Weight |
|---|---|---|
| 1 | RTX Corp. | 8.30% |
| 2 | General Electric Co. | 7.11% |
| 3 | Boeing Co. (The) | 6.87% |
| 4 | Lockheed Martin Corp. | 6.64% |
| 5 | General Dynamics Corp. | 4.96% |
| 6 | Northrop Grumman Corp. | 4.75% |
| 7 | Howmet Aerospace Inc. | 4.48% |
| 8 | Honeywell Aerospace Inc. | 4.09% |
| 9 | L3Harris Technologies, Inc. | 3.83% |
| 10 | Parker-Hannifin Corp. | 3.69% |
Compare PPA with another fund
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