Looking for an Aerospace and Defense ETF? Compare Funds From Invesco and First Trust

The aerospace and defense sector often serves as a unique industrial niche, blending long-term government contracts with high-stakes engineering. Investors may look to this space for defense-budget stability or the growth potential of commercial air travel and space exploration. The Invesco Aerospace & Defense ETF (NYSEMKT:PPA) provides a larger, more established vehicle with a lower expense ratio than the First Trust Indxx Aerospace & Defense ETF (NYSEMKT:MISL).While both ETFs offer concentrated exposure to the defense industry, the Invesco fund's massive assets under management (AUM) and nearly two-decade history provide liquidity and institutional presence that the newer First Trust offering has yet to match.Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool