Should You Invest in the Invesco Aerospace & Defense ETF (PPA)?

The article provides an analysis of the Invesco Aerospace & Defense ETF (PPA), a passively managed fund tracking the SPADE Defense Index with $7.68 billion in assets. PPA has a 0.58% expense ratio, 0.4% dividend yield, and returned 8.09% over the past year with a beta of 0.74. Top holdings include RTX Corp (8.13%), Boeing, and General Electric. The ETF received a Zacks ETF Rank of 3 (Hold) and is compared to alternative aerospace & defense ETFs including SHLD and ITA.