Invesco Aerospace & Defense ETF

Invesco Exchange-Traded Fund Trust · 1 share class

U.S. equity index ETF
One fund, 1 share class:PPA
$8.01B NAV
63 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Invesco Aerospace & Defense ETF is a U.S. equity index ETF that tracks the SPADE Defense Index. 18% of PPA’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 95% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF
Features
Non-diversified

Fund profile

As filed in the prospectus · 2025 Q3

The Invesco Aerospace & Defense ETF (the Fund) seeks to track the investment results (before fees and expenses) of the SPADE Defense Index (the Underlying Index).

Strategy · summarised

The fund tracks the SPADE Defense Index through full replication, holding all 56 constituent stocks in their index weights; the index comprises U.S. companies involved in defense, military, national and homeland security, and government space operations. Because the fund is non-diversified, it is not required to meet diversification requirements under the Investment Company Act of 1940.

Expenses
0.58%one share class
Share classExpense ratio
PPA0.58%

Portfolio turnover 15.00% · as of 2025 Q3

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

107.14%
of net assets
Stocks100.28%
Cash & short-term6.86%

These positions come to 107.14% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Industrials82.4%
Information Technology7.0%
Cash6.4%
International4.1%
Communication Services0.1%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
18%of stock holdings in top-quartile growers
covering 95% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 2 new1 exited

New: CRS, Invesco Government & Agency Portfolio

Exited: AI

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+38.21%
3-year
+112.19%
5-year
+130.44%
Volatility
18.76%
Worst 3-yr fall
-8.51%
Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Boeing Co. (The)BA9.14%$732.33M
General Electric Co.GE7.87%$630.92M
RTX Corp.RTX7.15%$573.36M
Lockheed Martin Corp.LMT6.41%$513.45M
Invesco Private Prime Fund4.93%$394.77M
General Dynamics Corp.GD4.54%$363.54M
Northrop Grumman Corp.NOC4.47%$358.04M
Honeywell International Inc.HON4.40%$352.51M
Howmet Aerospace Inc.HWM4.19%$335.70M
L3Harris Technologies, Inc.LHX3.77%$302.51M
Showing 10 of 63Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 56.86% of net assets, top 25 87.36%, across 63 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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