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PowerShares Aerospace & Defense (PPA) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price52.37
Volume49k
Avg Vol83k
RSf83.9
$Vol(21d)4m
52 wk High53.19
52 wk Low41.20
Inception:Oct 2005
(as of 2017-11-22)
Total Returns:
1 day-0.4%
5 day1.5%
1 month-1.1%
3 month8.7%
6 month14.2%
9 month19.9%
1 year25.8%
 
Compare Funds:
Correlated Group: Industrial (View cGroup) (All Groups)




 

Correlated Funds

Most Directly Correlated
iShares US AerospaceITA0.95  
SPDR S&P Aerospace & Defense ETFXAR0.91  
iShares US IndustrialsIYJ0.81  
Select Sector SPDR Fund - IndustrialXLI0.79  
Vanguard IndustrialsVIS0.78  
Fidelity MSCI IndustrialsFIDU0.77  
First Trust Industrials/Producer Durables AlpFXR0.76  
Guggenheim S&P Equal Weight Industrials ETFRGI0.74  
Compass EMP US 500 Volatility Wghtd ETFCFA0.73  
First Trust Capital StrengthFTCS0.73  
Least Correlated
PowerShares Variable Rate Investment Grade PortfolioVRIG0.01  
SPDR Nuveen S&P High Yield Muni Bond ETFHYMB0.01  
VanEck Vectors High-Yield Muni ETFHYD0.01  
iShares S&P National Municipal Bond FundMUB0.01  
iShares Barclays 1-3 Year Credit Bond FundCSJ0.00  
SPDR Barclays Municipal Bond ETFTFI-0.00  
First Trust Energy AlphaDEX FundFXN-0.00  
iShares iBonds Dec 2022 Corp ETFIBDN-0.00  
iShares US Oil & Gas Expl & ProdIEO-0.01  
iShares iBoxx$ Invst Grd Cp BdLQD-0.01  
Most Inversely Correlated
ProShares UltraPro Short Russell2000SRTY-0.58  
Direxion Small Cap Bear 3X SharesTZA-0.58  
Proshares UltraShort Russell2000TWM-0.58  
ProShares UltraPro Short Dow30SDOW-0.66  
Proshares UltraShort Dow30DXD-0.66  
ProShares Short Dow 30DOG-0.67  
ProShares UltraPro Short S&P 500SPXU-0.68  
Proshares UltraShort S&P500SDS-0.68  
ProShares Short S&P 500SH-0.68  
Direxion S&P 500 Bear 3X SharesSPXS-0.68  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2017-11-17.
 


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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