# Invesco Aerospace & Defense ETF (PPA) — Overview

PPA · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/ppa

## Price

Last close $155.33 on Oct 15, 2026. 52-week range $146.12 – $185.59.

## Fund profile

PPA tracks a market-cap-weighted index of US-listed stocks involved in the defense, military, homeland security and space industries.

| Metric | Value |
| --- | --- |
| Issuer | Invesco Capital Management LLC |
| Industry | Industrials |
| Inception | Oct 26, 2005 |
| Assets under management | $7.3B |
| Expense ratio | 0.58% |
| Net asset value | $153.14 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Invesco Aerospace & Defense ETF (PPA)?

PPA tracks a market-cap-weighted index of US-listed stocks involved in the defense, military, homeland security and space industries.

### What is PPA's expense ratio?

Invesco Aerospace & Defense ETF charges an annual expense ratio of 0.58%. The fund is issued by Invesco Capital Management LLC.

### How large is PPA?

Invesco Aerospace & Defense ETF manages $7.3B in assets and has traded since Oct 26, 2005.

### How do I buy shares of Invesco Aerospace & Defense ETF (PPA)?

PPA trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).