Overview
Description
Invesco Aerospace & Defense ETF is an exchange-traded fund designed to provide investment exposure to the aerospace and defense sector. This ETF strategically focuses on companies that primarily operate in the aerospace and defense industries, which includes manufacturers, defense contractors, and suppliers of military equipment and technologies. It aims to track the performance of the SPADE Defense Index, thereby offering a diversified portfolio of stocks within the sector.
The notable feature of this ETF is its concentration on firms that are key players in the defense infrastructure, as well as those contributing to the commercial aerospace industry. These companies have significant implications for national security and global air transportation, making the ETF integral in understanding broader economic impacts of defense spending and aerospace manufacturing.
By investing in a wide array of companies ranging from large aerospace conglomerates to niche defense technology firms, the Invesco Aerospace & Defense ETF plays a crucial role in the financial market as a reflection of the health and innovation within these industries. This makes it a prominent instrument for individuals and institutions looking to gain sector-specific exposure.
About
Address
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Website
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Instrument type
ETF
Country
Mexico
MIC code
XMEX