|
|
ETF AVAILABLE THROUGH POWERSHARES (AMEX: PPA)
Benchmark Index: SPADE Defense Index (AMEX: DXS)
Exchange Traded Fund: Powershares Aerospace & Defense Portfolio ETF (AMEX: PPA)
Options: Available on the ETF
About the SPADE Defense Index
The SPADEŽ Defense Index (AMEX: DXS) is a modified capitalization-weighted index comprised of publicly traded companies that benchmarks the performance of companies involved with defense, homeland security, and space. The Index is currently composed of 56 firms with representative business activities including: naval vessels, military aircraft, missiles and munitions, battlespace awareness, C4ISR, network centric warfare, homeland security including border security and biometric and screening systems, space systems, and satellite services.
Index values are distributed by the American Stock Exchange under the symbol 'DXS'. The Powershares Aerospace & Defense Portfolio ETF, designed to track the SPADE Defense Index, trades under the symbol 'PPA'. Data for the Index is available back to 30 December 1997. The ETF was launched on 26 October 2005.
Performance:
Outperformed the broader market as defined by the S&P500 for 8 consecutive years
In 2007, the Index is currently outgaining the S&P500 by nearly 20%.
The Index has beaten the S&P500 by 10% or more in 6 of the last 8 years
The SPADE Defense Index has gained 19% in four of the last five years!
Assets in the Powershares Aerospace & Defense ETF (PPA), which track the Index, have tripled in 2007.
Sign up for our complimentary 'SPADE Investor' monthly newsletter or download below.
|
 |
|
|
|