Quels sont les frais de l'ETF PPA ?

Les frais courants déclarés sont de 0,58 % par an. Des frais de 0,58 % par an représentent 58 € prélevés chaque année pour 10 000 € investis, directement dans la valeur de la part.

Quelles sont les plus grosses positions de Invesco Aerospace & Defense ETF ?

Les dix premières lignes pèsent 61,2 % du fonds : Lockheed Martin Corporation (9,7 %), RTX Corporation (9,2 %), GE Aerospace (8,7 %), The Boeing Company (7,7 %), General Dynamics Corporation (5,6 %).

L'ETF PPA est-il éligible au PEA ?

Non : le fonds est domicilié hors de l'Espace économique européen (ISIN US46137V1008), il n'est pas logeable dans un PEA. Il reste accessible en compte-titres.

Quelle est la performance de PPA sur 5 ans ?

+102,4 % sur 5 ans, soit +15,2 % par an, en USD et dividendes non réinvestis (cours de clôture au 2026-11-06).

Invesco Aerospace & Defense ETF (PPA): fees, AUM, composition and performance

Annual fees

0,58 %

deducted from the share value

Outstanding

7,52 $bn

in US dollars

Number of lines

published positions

Weight of the top 10

61,2 %

concentration

Performance 1 year

+0,4 %

price in USD

3 year performance

+82,4 %

i.e. +22,2 % per year

5 year performance

+102,4 %

i.e. +15,2 % per year

Volatilité 1 an

22,2 %

annualized standard deviation

Worst drop

-18,9 %

from a high, 5 years

Last share price

153,19 USD

+1,52 % during the session

Reading. Fees of 0,58 % per year represent 58 € collected each year for every 10 000 € invested, directly in the share value. Defense ETFs are recent and concentrated on about twenty industrials (Rheinmetall, Lockheed, BAE…). Their AUM has exploded since 2022: check the size and liquidity of the chosen line. The positions come from the issuer's publications; performance is calculated on the closing prices of the PPA listing, dividends not reinvested, in the listing currency.

10 first linesweight in the fund

Lockheed Martin CorporationUS5398301094

9,65 %

RTX CorporationUS75513E1010

9,24 %

GE AerospaceUS3696043013

8,68 %

The Boeing CompanyUS0970231058

7,73 %

General Dynamics CorporationUS3695501086

5,57 %

Northrop Grumman CorporationUS6668071029

5,23 %

L3Harris Technologies, Inc.US5024311095

4,23 %

Honeywell Aerospace IncHONA

3,76 %

Howmet Aerospace Inc.US4432011082

3,60 %

TransDigm Group IncorporatedUS8936411003

3,50 %

Sectorsaccording to the issuer

Industry

89,74 %

Technology

9,23 %

Materials

0,81 %

Communication

0,16 %

Finance

0,06 %

Cash & Others

0,00 %

Countryaccording to the issuer

United States

95,93 %

Israel

3,03 %

Canada

1,05 %

What you need to know

The first 10 lines make up more than half of the fund: it behaves like a basket of a few securities.

Composition: the 50 largest positions

#	Line	Weight	Value
1	Lockheed Martin CorporationUS5398301094	9,65 %	740,1 M$
2	RTX CorporationUS75513E1010	9,24 %	709,0 M$
3	GE AerospaceUS3696043013	8,68 %	666,0 M$
4	The Boeing CompanyUS0970231058	7,73 %	593,0 M$
5	General Dynamics CorporationUS3695501086	5,57 %	425,2 M$
6	Northrop Grumman CorporationUS6668071029	5,23 %	401,2 M$
7	L3Harris Technologies, Inc.US5024311095	4,23 %	324,5 M$
8	Honeywell Aerospace IncHONA	3,76 %	288,7 M$
9	Howmet Aerospace Inc.US4432011082	3,60 %	275,8 M$
10	TransDigm Group IncorporatedUS8936411003	3,50 %	268,1 M$
11	Parker-Hannifin CorporationUS7010941042	3,41 %	261,6 M$
12	Elbit Systems Ltd.IL0010811243	3,02 %	231,9 M$
13	Amphenol CorporationUS0320951017	2,19 %	167,9 M$
14	Axon Enterprise, Inc.US05464C1018	2,07 %	158,5 M$
15	Eaton Corporation plcIE00B8KQN827	1,79 %	137,2 M$
16	Palantir Technologies Inc.US69608A1088	1,67 %	128,4 M$
17	ATI Inc.US01741R1023	1,32 %	101,1 M$
18	HEICO CorporationUS4228061093	1,26 %	96,7 M$
19	Curtiss-Wright CorporationUS2315611010	1,05 %	80,6 M$
20	Leidos Holdings, Inc.US5253271028	1,04 %	79,6 M$
21	Huntington Ingalls Industries, Inc.US4464131063	1,00 %	77,1 M$
22	CACI International IncUS1271903049	0,98 %	74,8 M$
23	Woodward, Inc.US9807451037	0,95 %	72,6 M$
24	Textron Inc.US8832031012	0,94 %	72,2 M$
25	Space Exploration Technologies CorpSPCX	0,86 %	65,8 M$
26	Rocket Lab USA, Inc.US7731211089	0,83 %	64,0 M$
27	Carpenter Technology CorporationUS1442851036	0,81 %	61,9 M$
28	Viasat, Inc.US92552V1008	0,77 %	59,2 M$
29	Leonardo DRS, Inc.US52661A1088	0,75 %	57,8 M$
30	Teledyne Technologies IncorporatedUS8793601050	0,74 %	56,9 M$
31	BWX Technologies, Inc.US05605H1005	0,68 %	52,2 M$
32	Moog Inc.US6153942023	0,67 %	51,6 M$
33	CAE Inc.CA1247651088	0,67 %	51,1 M$
34	Keysight Technologies, Inc.US49338L1035	0,64 %	49,4 M$
35	Booz Allen Hamilton Holding CorporationUS0995021062	0,63 %	48,7 M$
36	StandardAero, Inc.US85423L1035	0,61 %	46,6 M$
37	Kratos Defense & Security Solutions, Inc.US50077B2079	0,60 %	45,9 M$
38	AeroVironment, Inc.US0080731088	0,53 %	40,4 M$
39	Hexcel CorporationUS4282911084	0,48 %	37,0 M$
40	Karman Holdings Inc.US4859241048	0,46 %	35,3 M$
41	Mercury Systems, Inc.US5893781089	0,40 %	30,9 M$
42	Science Applications International CorporationUS8086251076	0,40 %	30,5 M$
43	MDA Space LtdMDA	0,38 %	29,1 M$
44	Loar Holdings Inc.US53947R1059	0,35 %	26,6 M$
45	AAR Corp.US0003611052	0,33 %	25,3 M$
46	TTM Technologies, Inc.US87305R1095	0,27 %	20,8 M$
47	KBR, Inc.US48242W1062	0,26 %	19,8 M$
48	Planet Labs PBCUS72703X1063	0,25 %	19,3 M$
49	Amentum Holdings, Inc.US0239391016	0,23 %	17,8 M$
50	Oshkosh CorpUS6882392011	0,21 %	15,8 M$

Comparable ETFs

The overlap measures the part of the portfolio common to both funds (sum of minimum weights on shared lines): beyond 70 %, holding both provides almost no diversification.

ETF	Fees	Outstanding	Perf. 1 year	Recovery
iShares U.S. Aerospace & Defense ETFITA · IShares	0,37 %	12,22 $bn	-0,3 %	70,6 %	compare
State Street SPDR S&P Aerospace & Defense ETFXAR · SPDR	0,35 %	5,30 $bn	-3,8 %	47,5 %	compare
Global X - Defense Tech ETFSHLD · Global X	0,50 %	6,60 $bn	-10,6 %	42,2 %	compare
HanETF Future of Defence UCITS ETFNATO.MI · HanETF	0,49 %	3,32 $bn	+5,7 %	34,9 %	compare
State Street Industrial Select Sector SPDR ETFXLI · SPDR	0,08 %	31,52 $bn	+6,6 %	29,1 %	compare
Fidelity MSCI Industrials Index ETFFIDU · Fidelity	0,08 %	2,32 $bn	n.d.	27,5 %	compare
Vanguard Industrials ETFVIS · Vanguard	0,09 %	8,60 $bn	+6,2 %	26,6 %	compare
VanEck Defense UCITS ETFDFEN.DE · VanEck	0,55 %	6,75 $bn	-8,6 %	22,9 %	compare

Its holdings in other ETFsdouble exposure

The top holdings of PPA are found in many other funds: combining several ETFs often means holding the same companies multiple times.

Lockheed Martin Corporation : 9,65 % in this fund; held by 636 ETF, 29,70 Bn$ in total
RTX Corporation : 9,24 % in this fund; held by 642 ETF, 50,07 Bn$ in total
GE Aerospace : 8,68 % in this fund; held by 665 ETF, 57,49 Bn$ in total
The Boeing Company : 7,73 % in this fund; held by 484 ETF, 25,20 Bn$ in total
General Dynamics Corporation : 5,57 % in this fund; held by 577 ETF, 19,13 Bn$ in total
Northrop Grumman Corporation : 5,23 % in this fund; held by 536 ETF, 15,13 Bn$ in total
L3Harris Technologies, Inc. : 4,23 % in this fund; held by 497 ETF, 11,83 Bn$ in total
Howmet Aerospace Inc. : 3,60 % in this fund; held by 581 ETF, 19,56 Bn$ in total

Information provided for educational purposes from the positions published by the issuers and closing prices. Past performance is not indicative of future performance; fees and assets under management are those declared by the source and may contain errors. Investing involves a risk of capital loss.

Invesco Aerospace & Defense ETF (PPA)