PPA
Invesco Aerospace & Defense ETF
Invesco — tracks the SPADE Defense Index
Aerospace, defense, homeland security AND space operations — slightly more even weighting across the primes than ITA's GE-heavy book, plus broader homeland-security/space exposure. Companion benchmark to ITA.
Size$8.2B
TypeETF
Top holdingLMT · ~9.1%
1Y return~25%
Positions
Top holdings
9%
74%
LMT9%RTX9%BA9%Other74%
LMTLockheed Martin
~9.1%Defense prime — top weight (vs ITA where GE dominates)
RTXRTX Corporation
~8.7%Defense prime / aerospace
BABoeing
~8.7%Commercial + defense aircraft
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Track record
Performance
1Y~25%
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QAI analysis
Our take
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