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PowerShares Aerospace & Defense Portfolio (PPA)

35.54
Delayed Data
As of Jul 30
 -0.10 / -0.28%
Today’s Change
29.86
Today|||52-Week Range
37.86
+2.27%
Year-to-Date

Investment Objective

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the SPADETM Defense Index. The fund generally will invest at least 90% of its total assets in common stocks of aerospace and defense companies that comprise the underlying index. The underlying index was composed of common stocks of 48 U.S. companies whose shares are listed on the New York Stock Exchange ("NYSE"), NYSE MKT or the NASDAQ Stock Market, LLC. These companies are engaged principally in the research, development, manufacture, operation and support of defense, military, homeland security and space operations. It is non-diversified.

Performance

1 month+0.65% 3 years+24.75%
3 months-0.15% 5 years+17.14%
1 year+12.96% Since inception+10.40%
Data through 07/31/2015

Quote Details

Previous close$35.64
Open day’s range-- – --
Net asset value (NAV)35.57 (07/30/2015)
Daily volume12,291
Average volume (3 months)29,224
Data as of 07/30/2015

Peer Comparisonvs. Industrials ETFs

 PPACategory
Performance 5-yr return+17.14%+14.51%
Expense Gross exp ratio0.69%0.46%
Risk 5 year sharpe ratio1.280.92
Net assets$259.7M$678.8M
Average market cap$15.3B$50.3B
Average P/E19.017.9
Dividend / Share--0.21%

Competitors

RGI Guggenheim S&P 500® Equal Weight Indust...
VIS Vanguard Industrials Index Fund ETF Shar...
EXI iShares Global Industrials ETF

Holdings

Top 5 Sectors
Portfolio weighting
Industrial materials 83.02%
Consumer goods 4.30%
Telecommunication 3.90%
Business service 1.63%
Hardware 0.66%
Top 10 Holdings
Portfolio weighting
HON Honeywell6.40%
LMT Lockheed Martin6.38%
UTX United Technologies6.36%
BA Boeing6.33%
GD General Dynamics6.06%
NOC Northrop Grumman4.49%
PCP Precision Castparts Corp4.48%
RTN Raytheon4.45%
TDG TransDigm Group Inc4.05%
TXT Textron Inc3.99%