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Invesco Aerospace & Defense ETF (PPA)

Industrials | Exchange Traded Fund | NYSEArca
171.39 USD -2.91 (-1.670%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★★☆Long-term:★★★★☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 6:21 a.m. EDT

The aerospace sector is showing remarkable resilience, defying the gloomy headlines regarding geopolitical tensions. Fundamentally, this ETF represents a powerhouse story with nearly tripling its value over the last nine years, driven by consistent double-digit annual gains and a massive 36% surge last year. The balance sheet is rock solid, trading at a reasonable premium to book value, which validates the high-quality assets within. While the dividend yield is modest at roughly 0.4%, it is a non-issue given the explosive capital appreciation; investors here are buying growth, not income. Technically, the stock is riding high above its moving averages, confirming a strong uptrend. Options flow reinforces this bullish thesis, with traders aggressively buying calls at key resistance levels, suggesting smart money expects the rally to continue. This is a top-tier compounder for the long haul.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.030862
AutoETS0.035432
AutoARIMA0.035440
AutoTheta0.049500

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 48%
H-stat 18.29
Ljung-Box p 0.000
Jarque-Bera p 0.584
Excess Kurtosis -0.64
Attribute Value
Trailing P/E 33.61

As of July 11, 2026, 6:21 a.m. EDT: Speculators are positioning for a moderate upside move over the next month, evidenced by significant call volume at the $175 strike and heavy open interest at $178. While there is some defensive put buying at lower strikes ($140-$165), the overall skew is bullish, with traders betting on a continuation of the recent rally toward the $180 zone.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.08% 0.41% 0.54% 0.59%
Dividend History
Date Dividend Yield %
2026-06-22 0.136 0.078772
2026-03-23 0.046 0.027137
2025-09-22 0.455 0.299736
2025-06-23 0.155 0.113279
2025-03-24 0.049 0.040864
2024-12-23 0.312 0.268989
2024-09-23 0.133 0.116066
2024-06-24 0.139 0.134105
2024-03-18 0.114 0.116208
2023-12-18 0.266 0.293242
2023-09-18 0.117 0.142180
2023-06-20 0.127 0.153363
2023-03-20 0.108 0.138408
2022-12-19 0.075 0.097796
2022-09-19 0.178 0.253814
2022-06-21 0.300 0.441176
2022-03-21 0.094 0.120807
2021-12-20 0.092 0.134464
2021-06-21 0.111 0.146014
2021-03-22 0.134 0.187360
2020-12-21 0.093 0.139934
2020-09-21 0.105 0.187835
2020-06-22 0.112 0.195736
2020-03-23 0.288 0.700049
2019-12-23 0.139 0.200925
2019-09-23 0.299 0.438931
2019-06-24 0.139 0.213945
2019-03-18 0.074 0.127608
2018-12-24 0.133 0.286268
2018-09-24 0.126 0.207681
2018-06-18 0.150 0.264690
2018-03-19 0.035 0.061339
2017-09-18 0.250 0.498206
2017-06-16 0.113 0.245332
2016-12-16 0.258 0.615165
2016-09-16 0.256 0.677787
2016-06-17 0.136 0.367866
2016-03-18 0.059 0.166950
2015-12-18 0.265 0.762809
2015-09-18 0.072 0.212703
2015-06-19 0.108 0.294760
2015-03-20 0.057 0.153888
2014-12-19 0.054 0.155754
2014-09-19 0.098 0.296880
2014-06-20 0.063 0.191025
2013-12-20 0.080 0.262295
2013-09-20 0.172 0.618705
2013-06-21 0.138 0.567668
2012-12-21 0.130 0.618753
2012-09-21 0.190 0.944804
2012-06-15 0.113 0.606549
2012-03-16 0.011 0.054482
2011-09-16 0.099 0.571924
2011-06-17 0.078 0.399181
2011-03-18 0.022 0.112647
2010-12-17 0.057 0.306287
2010-09-17 0.046 0.272673
2010-06-18 0.048 0.273038
2010-03-19 0.004 0.021471
2009-12-18 0.104 0.615385
2009-09-18 0.045 0.273390
2009-06-19 0.053 0.369081
2008-12-19 0.090 0.666173
2008-09-19 0.019 0.105088
2008-06-20 0.036 0.181818
2007-12-21 0.014 0.060738
2007-09-21 0.010 0.043290
2007-06-15 0.019 0.088085
2007-03-16 0.012 0.062696
2006-12-15 0.010 0.053967
2006-09-15 0.020 0.119832
2006-06-16 0.021 0.128993
2005-12-16 0.022 0.141207
Additional Data
trailingAnnualDividendRate 0.44
trailingAnnualDividendYield 0.0025243831
dividendYield 0.36

Info Dump

Attribute Value
All Time High 186.3
All Time Low 10.14
Ask 0.0
Ask Size 300
Average Daily Volume10 Day 176,820
Average Daily Volume3 Month 242,268
Average Volume 242,268
Average Volume10Days 176,820
Beta3 Year 0.85
Bid 0.0
Bid Size 300
Book Value 75.015
Category Industrials
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 173.91
Day Low 170.9401
Dividend Yield 0.36
Eps Trailing Twelve Months 5.099885
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 171.8202
Fifty Day Average Change -0.4302063
Fifty Day Average Change Percent -0.0025038167
Fifty Two Week Change Percent 20.049595
Fifty Two Week High 186.3
Fifty Two Week High Change -14.910004
Fifty Two Week High Change Percent -0.08003222
Fifty Two Week Low 142.07
Fifty Two Week Low Change 29.319992
Fifty Two Week Low Change Percent 0.20637707
Fifty Two Week Range 142.07 - 186.3
Financial Currency USD
First Trade Date Milliseconds 1,130,333,400,000
Five Year Average Return 0.1882329
Full Exchange Name NYSEArca
Fund Family Invesco
Fund Inception Date 1,130,284,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name Invesco Aerospace & Defense ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_25304304
Nav Price 174.23
Net Assets 8,324,131,800.0
Net Expense Ratio 0.58
Open 173.66
Pre Market Change -0.19000244
Pre Market Change Percent -0.1108597
Pre Market Price 171.2
Pre Market Time 1,784,016,130
Previous Close 174.3
Price Hint 2
Price To Book 2.284743
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -2.91
Regular Market Change Percent -1.66954
Regular Market Day High 173.91
Regular Market Day Low 170.9401
Regular Market Day Range 170.9401 - 173.91
Regular Market Open 173.66
Regular Market Previous Close 174.3
Regular Market Price 171.39
Regular Market Time 1,783,972,800
Regular Market Volume 180,918
Shares Outstanding 15,150,000
Short Name Invesco Aerospace & Defense ETF
Source Interval 15
Symbol PPA
Three Year Average Return 0.26977712
Total Assets 8,324,131,840
Tradeable 0
Trailing Annual Dividend Rate 0.44
Trailing Annual Dividend Yield 0.0025243831
Trailing P E 33.60664
Trailing Peg Ratio None
Trailing Three Month Nav Returns 6.76636
Trailing Three Month Returns 6.76636
Triggerable 1
Two Hundred Day Average 166.5738
Two Hundred Day Average Change 4.8161926
Two Hundred Day Average Change Percent 0.028913265
Type Disp ETF
Volume 180,918
Yield 0.0036000002
Ytd Return 12.98123