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Invesco Aerospace & Defense ETF PPA

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub

Morningstar’s Analysis PPA

Will PPA outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PPA’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PPA management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PPA’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Invesco Aerospace& Defense ETF's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PPA

More PPA Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 52.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RTX Corp

7.01 208.2 Mil
Industrials

Lockheed Martin Corp

6.80 202.0 Mil
Industrials

Boeing Co

5.99 177.9 Mil
Industrials

GE Aerospace

5.94 176.5 Mil
Industrials

Northrop Grumman Corp

5.36 159.1 Mil
Industrials

General Dynamics Corp

5.02 149.1 Mil
Industrials

Honeywell International Inc

4.38 130.0 Mil
Industrials

L3Harris Technologies Inc

4.36 129.5 Mil
Industrials

TransDigm Group Inc

4.06 120.6 Mil
Industrials

Eaton Corp PLC

3.83 113.7 Mil
Industrials