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PPA Invesco Aerospace & Defense ETF (p3wr)

Over the last 15 years (2011-062026-08), $10,000 invested in PPA with dividends reinvested grew to $105,51616.71% a year — with a worst peak-to-trough fall of -28.94%. Past performance doesn't predict future results.

Growth of $10,000 · 2011-062026-08 · dividends reinvested

CAGR (annualized return)
16.71%
Volatility (annualized)
17.39%
Worst drawdown
-28.94%
Sharpe ratio
0.89

About PPA

Invesco Aerospace & Defense ETF is an exchange-traded fund that provides targeted exposure to the aerospace and defense sector. It seeks to track the SPADE Defense Index, which identifies companies engaged in the development, manufacturing, operations, and support of U.S. defense, homeland security, and aerospace activities. The fund normally invests at least 90% of its total assets in common stocks comprising the index, holding around 60 securities primarily from the industrials sector, with additional allocations to information technology and communication services. Its portfolio features prominent holdings in leading firms such as Boeing, RTX, General Electric, Lockheed Martin, and Northrop Grumman, with the majority of assets concentrated in the United States, alongside minor exposures to Israel and Canada. Rebalanced and reconstituted quarterly, the ETF offers investors a focused vehicle for participating in this specialized industry, which encompasses critical national security and aviation operations. Launched in 2005 and managed by Invesco, it serves as a key option for those seeking sector-specific equity exposure in financial markets.

Put PPA to the test

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Educational use only — not investment advice. Results are hypothetical.Read full disclaimer

This tool is for educational and informational purposes only and does not provide financial, investment, tax, legal, or accounting advice. Results are hypothetical and based on historical data and assumptions that may be inaccurate. Past performance does not guarantee future results. Consult a licensed professional before making investment decisions.

PPA — Invesco Aerospace & Defense ETF (p3wr): returns, risk & backtest · Informed Portfolio