Invesco Aerospace & Defense ETF

Frequently Asked Questions About PPA

What does PPA invest in?

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of common stocks of companies that are systematically important to the defense sector and are involved with the development, manufacture, operation and support of U.S. defense, military, national/homeland security, and government space operations. The fund is non-diversified.

What is the expense ratio of PPA?

Invesco Aerospace & Defense ETF (PPA) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PPA?

Invesco Aerospace & Defense ETF (PPA) manages $7.89B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PPA actively managed or an index fund?

PPA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PPA launched?

Invesco Aerospace & Defense ETF (PPA) launched in October 2005 and is managed by Invesco.

How has PPA performed?

PPA's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.