Invesco Aerospace & Defense ETF (PPA)
PPA is a passive ETF by Invesco tracking the investment results of the SPADE Defense Index. PPA launched on Oct 26, 2005 and has a 0.61% expense ratio.
ETF Info
US73935X6904
46137V100
Oct 26, 2005
North America (U.S.)
1x
SPADE Defense Index
Multi-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Aerospace & Defense ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco Aerospace & Defense ETF had a return of 29.04% year-to-date (YTD) and 37.38% in the last 12 months. Over the past 10 years, Invesco Aerospace & Defense ETF had an annualized return of 14.33%, outperforming the S&P 500 benchmark which had an annualized return of 11.13%.
PPA
29.04%
-1.07%
12.51%
37.38%
12.35%
14.33%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of PPA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.23% | 7.50% | 3.91% | -0.33% | 3.74% | -2.06% | 6.50% | 3.75% | 1.41% | -1.03% | 29.04% | ||
| 2023 | 2.50% | -0.02% | 0.40% | -0.29% | -3.00% | 8.59% | 1.01% | -0.66% | -5.72% | 2.07% | 7.98% | 5.09% | 18.41% |
| 2022 | -2.64% | 9.82% | 1.51% | -7.24% | -0.66% | -2.45% | 5.86% | -3.57% | -9.59% | 17.76% | 4.05% | -0.74% | 9.51% |
| 2021 | -4.81% | 4.01% | 8.45% | 3.18% | 1.83% | -1.50% | -0.37% | -1.55% | -2.33% | 1.93% | -6.32% | 5.37% | 7.09% |
| 2020 | 3.36% | -10.13% | -20.94% | 8.04% | 5.70% | -2.55% | -0.97% | 6.22% | -4.17% | -3.30% | 20.63% | 4.54% | 0.45% |
| 2019 | 12.23% | 7.15% | -2.40% | 6.88% | -2.00% | 7.18% | 1.86% | 2.49% | 0.29% | -0.53% | 3.09% | -1.32% | 39.63% |
| 2018 | 7.57% | -0.35% | -1.67% | -2.08% | 2.25% | -3.14% | 7.19% | 0.51% | 4.19% | -11.44% | 1.38% | -10.22% | -7.51% |
| 2017 | 0.34% | 5.64% | -1.56% | 2.92% | 3.24% | -0.54% | 4.16% | 3.64% | 4.01% | 2.36% | 2.51% | 0.15% | 30.10% |
| 2016 | -6.54% | 1.26% | 4.89% | 3.09% | 1.51% | 1.67% | 3.37% | 0.62% | 0.23% | -0.90% | 10.81% | -1.36% | 19.26% |
| 2015 | -1.47% | 7.84% | -0.35% | -2.83% | 1.51% | -2.22% | 0.37% | -3.98% | -3.32% | 8.83% | 2.07% | -1.60% | 4.01% |
| 2014 | -0.06% | 5.22% | -0.64% | -1.04% | 1.51% | -0.76% | -3.63% | 4.93% | -0.51% | 3.92% | 2.94% | 0.53% | 12.71% |
| 2013 | 1.48% | 2.73% | 6.01% | 0.34% | 6.50% | 0.69% | 8.02% | -1.44% | 5.00% | 4.18% | 5.30% | 3.09% | 50.33% |
Expense Ratio
PPA features an expense ratio of 0.61%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PPA is 87, placing it in the top 13% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco Aerospace & Defense ETF (PPA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Aerospace & Defense ETF provided a 0.55% dividend yield over the last twelve months, with an annual payout of $0.65 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.65 | $0.62 | $0.65 | $0.43 | $0.60 | $0.65 | $0.44 | $0.36 | $0.71 | $0.50 | $0.22 | $0.39 |
Dividend yield | 0.55% | 0.67% | 0.83% | 0.59% | 0.88% | 0.95% | 0.90% | 0.67% | 1.70% | 1.41% | 0.62% | 1.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Aerospace & Defense ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.39 | |
| 2023 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.27 | $0.62 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.08 | $0.65 |
| 2021 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.43 |
| 2020 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.60 |
| 2019 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.14 | $0.65 |
| 2018 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.44 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.36 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.71 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.27 | $0.50 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.05 | $0.22 |
| 2013 | $0.14 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.08 | $0.39 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Aerospace & Defense ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco Aerospace & Defense ETF was 57.37%, occurring on Mar 9, 2009. Recovery took 1010 trading sessions.
The current Invesco Aerospace & Defense ETF drawdown is 4.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -57.37% | Oct 10, 2007 | 355 | Mar 9, 2009 | 1010 | Mar 13, 2013 | 1365 |
| -43.92% | Feb 13, 2020 | 27 | Mar 23, 2020 | 259 | Apr 1, 2021 | 286 |
| -24.75% | Oct 4, 2018 | 56 | Dec 24, 2018 | 86 | Apr 30, 2019 | 142 |
| -18.38% | Mar 28, 2022 | 130 | Sep 30, 2022 | 29 | Nov 10, 2022 | 159 |
| -15.26% | Feb 25, 2015 | 244 | Feb 11, 2016 | 52 | Apr 27, 2016 | 296 |
Volatility
Volatility Chart
The current Invesco Aerospace & Defense ETF volatility is 6.64%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.