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PowerShares Aerospace & Defense Portfolio (PPA)

46.16
Delayed Data
As of May 26
 -0.04 / -0.09%
Today’s Change
35.54
Today|||52-Week Range
46.26
+10.59%
Year-to-Date

Investment Objective

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the SPADE ® 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 50 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 development, manufacture, operation and support of defense, military, homeland security and space operations. The fund is non-diversified.

ETFs to Top/Flop as Trump Lays Foundation for Future America
May 24 / Zacks.com - Paid Partner Content
Defense Stocks Hit All-Time Highs on Arms Deal: 5 Best Buys
May 23 / Zacks.com - Paid Partner Content
Aerospace and Defense ETFs Soar on U.S-Saudi Deal
May 23 / Zacks.com - Paid Partner Content
Brazil and Defense: 2 ETFs to Watch on Outsized Volume
May 23 / Zacks.com - Paid Partner Content

Performance

1 month+2.74% 3 years+14.23%
3 months+4.86% 5 years+21.90%
1 year+26.79% Since inception+11.43%
Data through 05/27/2017

Quote Details

Previous close$46.20
Open day’s range46.10 – 46.26
Net asset value (NAV)46.13 (05/26/2017)
Daily volume79,510
Average volume (3 months)104,773
Data as of 7:59pm ET, 05/26/2017

Peer Comparisonvs. Industrials ETFs

 PPACategory
Performance 5-yr return+21.90%+13.04%
Expense Gross exp ratio0.64%1.30%
Risk 5 year sharpe ratio1.521.05
Net assets$569.1M$420.4M
Average market cap$19.7B$45.9B
Average P/E22.621.3
Dividend / Share--0.19%

Competitors

VIS Vanguard Industrials Index Fund ETF Shar...
FIDU Fidelity® MSCI Industrials Index ETF
XLI Industrial Select Sector SPDR® Fund

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
UTX United Technologies7.03%
HON Honeywell6.96%
BA Boeing6.94%
GD General Dynamics6.91%
LMT Lockheed Martin6.67%
RTN Raytheon5.50%
NOC Northrop Grumman5.21%
HRS Harris Corp3.90%
COL Rockwell Collins Inc3.84%
BLL Ball Corp3.81%