PPA Over ITA: A Better Way To Play The Global Defense Spending Boom

The Invesco Aerospace & Defense ETF earns a strong buy rating for its superior diversification and risk-adjusted returns vs. the iShares U.S. Aerospace & Defense ETF. PPA's modified market-cap approach reduces concentration risk, capturing growth from mid-cap and specialized defense suppliers overlooked by ITA's top-heavy portfolio. Despite a higher 0.58% expense ratio, PPA delivers better long-term Sharpe ratios, lower volatility, and trades at cheaper valuations (P/E 26.98 vs. ITA's 30.76).

Seeking Alpha • Dec 8, 2025

A $5B Tailwind: How Ukraine's Allies Are Poised to Boost Defense ETFs

NATO members' expected $5B weapon purchases by 2025-end should fuel momentum in defense ETFs like SHLD and ITA.

Zacks Investment Research • Dec 4, 2025

US Approves $93M Weapon Sale to India: A Boost for Defense ETFs

A $93 million US weapon sale to India puts the spotlight on defense stocks like LMT and, by extension, fuels momentum for defense ETFs like SHLD.

Zacks Investment Research • Nov 21, 2025

Navigating Volatility: How Defense ETFs' Dip Offers Long-Run Opportunity

Defense ETFs like XAR and ITA slipped in November, but long-term prospects remain strong amid surging global defense spending.

Zacks Investment Research • Nov 5, 2025

Fragile Gaza Ceasefire Puts Defense ETFs in the Spotlight

A fragile Gaza ceasefire and renewed violence are fueling investor demand for defense ETFs like ITA, SHLD and PPA.

Zacks Investment Research • Oct 21, 2025

Time to Tap Market-Beating Defense ETFs Ahead of Q3 Earnings?

Defense ETFs surge ahead of Q3 earnings, fueled by record military spending and global demand for advanced defense tech.

Zacks Investment Research • Sep 29, 2025

Riding the Wave: Defense ETFs to Watch After the US-UK Tech Pact

Defense ETFs are set to rally as the U.S.-UK Technology Prosperity Deal fuels AI-driven defense growth with $350B investment.

Zacks Investment Research • Sep 22, 2025

PPA: Accelerated Defense Spending Will Provide Further Momentum

PPA has been on a sharp rally since its lows during the first week of April. Trading above $150, prospects of major underlying assets look good enough for further gains. Global defense spending has accelerated. 23 of the 27 EU members who are a part of the NATO alliance have committed to outlays amounting to at least 3.5% of their GDP. Canada has also shown interest in joining hands with the United States for the "Golden Dome" missile defense shield project.

Seeking Alpha • Sep 20, 2025

NATO Airspace Crisis Ignites Rally in Defense ETFs

Defense ETFs surged as NATO airspace breaches by Russian drones and a major spending pledge fueled investor demand.

Zacks Investment Research • Sep 16, 2025

35 ETFs to Watch After the S&P 500's Most Recent Surge

Over the last 100 trading days, or roughly five months, the S&P 500 Index (SPX) has surged more than 25%.

Schaeffers Research • Sep 4, 2025