Invesco Aerospace & Defense ETF
Ticker
PPA
ISIN
US46137V100
Price
USD 120.04
Change Today
+1.55 / 1.308 %
Price 1 year ago
85.57 / 40.278 %
Morningstar
4
52 Week Low
86.13
52 Week High
124.50
200 Day Moving Average 106.43
106.43
50-day Moving Average
116.77
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 0.91 |
| Sortino Ratio | 0.17 |
| Maximum Drawdown | -2.48% |
| Maximum Drawdown Date | 2024-01-09 |
| Calmar Ratio | -11.78 |
1 year
| Parameter | Value |
|---|---|
| Return | 1.26 |
| Volatility | 4.309% |
| Alpha | +21.64 |
| Beta | None |
| R Squared | +49.07 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 14.268% |
| Average Annual Volatility | 20.758% |
| Sharpe Ratio | 0.69 |
| Sortino Ratio | 0.72 |
| Maximum Drawdown | -57.99999999999999% |
| Maximum Drawdown Date | 2009-03-09 |
| Calmar Ratio | -0.24 |
Company information
Summary
The investment seeks to track the investment results (before fees and expenses) of the SPADE® Defense Index. 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.
Market
US
Category
Industrials
Expense Ratio
0.58%
Fund family
Invesco
Morningstar
4
Yield
0.0063
Exchange
PCX
| Sector | Weight |
|---|---|
| Industrials | 85.82% |
| Technology | 12.69% |
| Consumer cyclical | 1.06% |
| Communication services | 0.40% |
| Realestate | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
| Country | Ratio |
|---|---|
| United States | 96.06 |
| Israel | 2.04 |
| Canada | 1.91 |
| Argentina | 0.00 |
| Australia | 0.00 |
| Austria | 0.00 |
| Belgium | 0.00 |
| Brazil | 0.00 |
| Chile | 0.00 |
| China | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| RTX | Raytheon Technologies Corp | 7.13% |
| LMT | Lockheed Martin Corp | 6.91% |
| BA | Boeing Co | 6.62% |
| HON | Honeywell International Inc | 5.32% |
| GD | General Dynamics Corp | 5.29% |
| NOC | Northrop Grumman Corp | 4.92% |
| LHX | L3Harris Technologies Inc | 4.86% |
| TXT | Textron Inc | 4.55% |
| TDG | TransDigm Group Inc | 4.14% |
| AXON | Axon Enterprise Inc | 3.97% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| AIRR | First Trust RBA American Industrial RenaissanceTM ETF | US33738R704 | NGM | 0.70% | 5 | +30.79 | |
| FIDU | Fidelity MSCI Industrials Index ETF | US316092709 | PCX | 0.08% | 4 | +12.80 | |
| IDRV | iShares Self-Driving EV and Tech ETF | US46435U3665 | PCX | 0.47% | 5 | +1.21 | -- |
| IISU.L | iShares V PLC - iShares S&P 500 Industrials Sector UCITS ETF | IE00B4LN9N1 | LSE | 0.15% | 4 | -0.29 | |
| IUIS.L | iShares V PLC - iShares S&P 500 Industrials Sector UCITS ETF | IE00B4LN9N1 | LSE | 0.15% | 4 | -0.29 | |
| PPA | Invesco Aerospace & Defense ETF | US46137V100 | PCX | 0.58% | 4 | +21.64 | |
| RGI | Invesco S&P 500 Equal Weight Industrials ETF | US46137V324 | PCX | 0.40% | 5 | +13.51 | |
| SXLI.AS | SPDR S&P U.S. Industrials Select Sector UCITS ETF | IE00BWBXM724 | AMS | 0.15% | 4 | -0.300 | |
| SXLI.L | SPDR S&P U.S. Industrials Select Sector UCITS ETF | IE00BWBXM72 | LSE | 0.15% | 4 | -0.300 | |
| XAR | SPDR S&P Aerospace & Defense ETF | US78464A631 | PCX | 0.35% | 4 | +18.07 | |
| XLI | Industrial Select Sector SPDR Fund | US81369Y704 | PCX | 0.10% | 4 | +12.40 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.