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Brooke DiPalma von Yahoo Finance diskutiert die Momentum-Treiber für SpaceX (SPCX)-Aktien nach dem IPO, den Einfluss auf andere Raumfahrtunternehmen wie Virgin Galactic (SPCE) und Rocket Lab (RKLB), sowie die Bewegungen von Halbleiteraktien wie Micron Technology (MU) und Nvidia (NVDA) aufgrund der historischen Börsennotierung.

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Die Invesco Aerospace & Defense ETF verfügt über ein deutlich größeres Vermögen unter Verwaltung (AUM) und eine niedrigere Gebührenquote als die ARK Space & Defense Innovation ETF. Die ARK Space & Defense Innovation ETF hat höhere 1-Jahres-Renditen erzielt, aber einen viel höheren Beta-Wert und eine bedeutend größere Maximalabstinenz als ihr Pendant. Das Portfolio der Invesco Aerospace & Defense ETF ist stark konzentriert in Industrien, während die ARK Space & Defense Innovation ETF ein breiteres Spektrum an Technologieunternehmen bietet.

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Hexcel Corporation HXL is a leading advanced composites manufacturer serving both commercial aerospace and defense markets. With rising global air travel, strong aircraft backlogs and increasing defense budgets worldwide, the company is well-positioned for long-term growth.

However, this Zacks Rank #3 (Hold) stock faces risks related to supply-chain disruptions and labor shortages that may weigh on its near-term performance.

HXL's Tailwinds

Hexcel continues to benefit from the recovery in commercial aerospace demand. In first-quarter 2026, Commercial Aerospace sales increased 18.8% year over year to $332.7 million, driven by higher production across major aircraft programs, including the A350, A320, 787 and 737 MAX. Management expects this recovery to continue in 2026, supported by a combined Airbus and Boeing backlog of more than 15,000 aircraft, representing nearly $11 billion in future Hexcel sales.

Hexcel's lightweight composite materials play a key role in improving aircraft fuel efficiency, positioning it to benefit from sustained aircraft production growth.

On the defense side, Hexcel supplies materials for key military platforms such as the F-35 Lightning II, CH-53K King Stallion, UH-60 Black Hawk and Airbus A400M Atlas. Demand is supported by improving military rotorcraft volumes and rising defense spending, particularly in missile systems.

Hexcel is also strengthening its long-term position through its broad portfolio of advanced composite materials and increased investment in research and development to support next-generation aerospace programs.

HXL's Headwinds

Despite strong demand trends, persistent supply-chain challenges remain a key concern. The aerospace supply chain continues to recover slowly, leading to production delays for aircraft manufacturers. According to IATA, these disruptions are likely to persist through 2026, which may dampen near-term demand for Hexcel's products.

Moreover, labor shortages remain a structural challenge for the aerospace-defense industry. With a significant portion of the workforce nearing retirement, companies like Hexcel may face difficulties in maintaining production efficiency and meeting delivery timelines, potentially affecting future operating results.

HXL Stock's Price Performance

Shares of HXL have gained 77.8% in the past year compared with the industry's 24.2% growth.Zacks Investment Research

Image Source: Zacks Investment Research

Stocks to Consider

Some better-ranked stocks from the same industry are Heico HEI, Woodward WWD and Teledyne Technologies TDY. HEI currently sports a Zacks Rank #1 (Strong Buy). WWD and TDY carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here.

Heico delivered an average earnings surprise of 13.82% in the last four quarters. The consensus estimate for HEI's fiscal 2026 earnings stands at $5.74 per share, which suggests year-over-year growth of 17.1%.

Woodward delivered an average earnings surprise of 16.97% in the last four quarters. The Zacks Consensus Estimate for WWD's fiscal 2026 earnings is pinned at $9.34 per share, which indicates year-over-year growth of 35.6%.

Teledyne Technologies delivered an average earnings surprise of 4.69% in the last four quarters. The consensus estimate for TDY's 2026 earnings is pegged at $24.01 per share, which implies year-over-year growth of 9.2%.

Story Continues

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This article originally published on Zacks Investment Research (zacks.com).

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Over the last 7 days, the United States market has dropped 2.4%, though it has risen by 22% over the past year, with earnings forecasted to grow by 18% annually. In this context, identifying stocks that might be trading below their estimated intrinsic value can present potential opportunities for investors looking to capitalize on undervalued assets.

Top 10 Undervalued Stocks Based On Cash Flows In The United States

Name Current Price Fair Value (Est) Discount (Est) Wealthfront (WLTH) $8.82 $17.14 48.5% Rayonier (RYN) $20.86 $40.73 48.8% Procore Technologies (PCOR) $42.20 $81.28 48.1% Live Oak Bancshares (LOB) $38.66 $74.21 47.9% Kingstone Companies (KINS) $15.88 $31.31 49.3% Inter & Co (INTR) $5.71 $11.10 48.5% Dana (DAN) $30.11 $59.53 49.4% Clear Secure (YOU) $51.00 $100.74 49.4% Alkami Technology (ALKT) $14.91 $29.64 49.7% AbbVie (ABBV) $224.77 $440.86 49%

Click here to see the full list of 131 stocks from our Undervalued US Stocks Based On Cash Flows screener.

Underneath we present a selection of stocks filtered out by our screen.

Space Exploration Technologies

Overview: Space Exploration Technologies Corp. offers satellite-based broadband services across the United States, Ireland, Canada, and internationally, with a market cap of approximately $1.77 trillion.

Operations: The company's revenue segments include $3.29 billion from AI, $3.84 billion from Space, and $12.17 billion from Connectivity services.

Estimated Discount To Fair Value: 36.9%

Space Exploration Technologies, recently completing a US$75 billion IPO, shows potential undervaluation based on cash flows with shares trading significantly below estimated future cash flow value. Despite high operational costs linked to AI infrastructure expansion, notable deals with Google and Anthropic promise substantial revenue streams. The company's projected 41.8% annual revenue growth outpaces the market average, positioning it for profitability within three years amidst its strategic pivot towards AI data centers and satellite infrastructure projects.

According our earnings growth report, there's an indication that Space Exploration Technologies might be ready to expand. Click here to discover the nuances of Space Exploration Technologies with our detailed financial health report.SPCX Discounted Cash Flow as at Jun 2026

Boeing

Overview: The Boeing Company, along with its subsidiaries, engages in the design, development, manufacturing, sale, servicing, and support of commercial jetliners and military aircraft as well as satellites and space systems globally; it has a market cap of approximately $164.76 billion.

Operations: Boeing's revenue segments consist of Commercial Airplanes at $42.55 billion, Defense, Space & Security at $28.54 billion, and Global Services at $21.23 billion.

Story Continues

Estimated Discount To Fair Value: 39.8%

Boeing is trading at US$221.63, significantly below its estimated future cash flow value of US$367.97, highlighting potential undervaluation. Forecasted annual earnings growth of 38.7% surpasses the US market average, though revenue growth lags behind at 9.7%. Recent strategic partnerships and aircraft deliveries enhance Boeing's operational capabilities and market reach but debt coverage by operating cash flow remains a concern, impacting its financial position despite profitability achieved this year.

Insights from our recent growth report point to a promising forecast for Boeing's business outlook. Take a closer look at Boeing's balance sheet health here in our report.BA Discounted Cash Flow as at Jun 2026

York Space Systems

Overview: York Space Systems, Inc. is a space and defense company offering mission-critical solutions for national security, government, and commercial clients in the United States with a market cap of $3.58 billion.

Operations: The company's revenue is derived entirely from its Aerospace & Defense segment, which generated $396.29 million.

Estimated Discount To Fair Value: 11.6%

York Space Systems, trading at US$33.72, is undervalued relative to its estimated cash flow value of US$38.15. Despite a volatile share price, its revenue growth forecast of 27.2% per year outpaces the US market average and it is expected to become profitable within three years. Recent achievements include completing two production lots for national security spacecraft, showcasing operational efficiency and capability in high-rate manufacturing crucial for space-based defense infrastructures.

Upon reviewing our latest growth report, York Space Systems' projected financial performance appears quite optimistic. Unlock comprehensive insights into our analysis of York Space Systems stock in this financial health report.YSS Discounted Cash Flow as at Jun 2026

Seize The Opportunity

Dive into all 131 of the Undervalued US Stocks Based On Cash Flows we have identified here. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Curious About Other Options?

Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SPCXBA and YSS.

This article was originally published by Simply Wall St.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge.

BAE Systems (LSE:BA.) has drawn investor attention after a period where the stock is up about 1% over the past month but down around 16% over the past 3 months, prompting closer scrutiny.

See our latest analysis for BAE Systems.

At around £19.43, BAE Systems has seen short term share price momentum fade after a period where the 90 day share price return declined 15.8%, even though the year to date share price return is 10.75% and the 5 year total shareholder return is very large.

If you are comparing BAE Systems with other defence and infrastructure exposed companies, it can help to widen the lens and review 34 power grid technology and infrastructure stocks

So with the share price easing back after a strong multi year run, and the stock trading at a discount to analyst targets and some intrinsic estimates, is this setting up a buying opportunity or is the market already pricing in future growth?

Most Popular Narrative: 16.4% Undervalued

At a last close of £19.43 against a narrative fair value of £23.23, BAE Systems is framed as trading at a meaningful discount, with that gap tied to a detailed view on future orders, margins and contract visibility.

The company's order backlog has surged to £75 billion, with a pipeline of new opportunities partly fueled by higher defense spending commitments across NATO, the US, UK, Europe, and Indo-Pacific (e.g., UK targeting 2.5% of GDP on defense by 2035, Japan doubling spending by 2027). This provides exceptional visibility on future revenues and underpins strong topline growth for multiple years.

Read the complete narrative.

Curious what kind of revenue path and profit margins are baked into that £23.23 fair value, and how rich a future P/E multiple underpins it? The narrative leans on detailed forecasts for sales growth, profitability and share count that are not obvious from the headline price alone, and connects them to a specific discount rate and time frame.

Result: Fair Value of £23.23 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, this narrative can unwind quickly if large government contracts are cut or delayed, or if supply chain and cost pressures squeeze the assumed margin profile.

Wall Street's queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. → 20 Compelling Space Companies watchlist · Global Space Race Investing Ideas screener · Scan the sector by valuation on Rocket Lab's valuation page.

Story Continues

Another Angle: P/E Paints A Richer Picture

While the narrative fair value points to undervaluation, the current P/E of 26.7x is higher than the peer average of 18.4x and below a fair ratio of 31.9x. That mix of premium to peers yet discount to the fair ratio leaves you weighing valuation risk against potential upside. Which side matters more for you?

See what the numbers say about this price — find out in our valuation breakdown.LSE:BA. P/E Ratio as at Jun 2026

Next Steps

With mixed signals across valuation and narratives, it helps to see the underlying factors for yourself and then decide how the optimism stacks up. To understand what is driving that optimism, start by reviewing the 3 key rewards.

Looking for more investment ideas?

If you stop with just one stock, you risk missing other opportunities that might fit your goals even better, so keep your options open and compare widely.

Spot potential growth stories early by scanning 47 elite penny stocks with strong financials before they hit broader radars. Zero in on quality at a discount by checking the 7 high quality undervalued stocks that align with solid fundamentals. Prioritize resilience and sleep easier at night by reviewing the 4 resilient stocks with low risk scores that score well on financial strength and stability.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include BA.L.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

The upcoming SpaceX IPO is touted to be the biggest public offering since Aramco in 2019. However, the more than $1.7 trillion valuation puts it further ahead than some of the biggest companies on the S&P 500 index, operated by the S&P Dow Jones Indices.

SpaceX IPO Is Bigger Than S&P 500 Aerospace Companies

Barron’s, in a report on Tuesday, said that the SpaceX IPO was worth more than all of the 12 aerospace and defense companies listed on the S&P 500 index, including RTX Corp, Boeing Co., Northrop Grumman Corp, GE Aerospace and more.

The report said that the combined valuation of the 12 companies came in at approximately $1.5 trillion, which is less than the $1.77 trillion valuation touted by SpaceX in its S-1 filings with the Securities and Exchange Commission (SEC).

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However, the companies generated approximately $500 billion in revenue, which was well over SpaceX’s reported revenue of $18.7 billion before the IPO.

Gene Munster, Ron Baron Bullish On SpaceX IPO

Industry analysts and experts have expressed bullish sentiments about the IPO, with Deepwater Asset Management‘s Gene Munster calling the IPO an exciting event for the tech industry.

He also said that SpaceX could emerge as a rival for Alphabet Inc., but outlined that SpaceX had an edge because Google did not make rockets.

Investor Ron Baron also expressed bullish sentiment for the IPO, predicting that the Elon Musk-led company could go on to become worth $30 trillion in the future, prompting Musk to call him “smart.”

See Also: Avoid the #1 Investing Mistake: How Your ‘Safe' Holdings Could Be Costing You Big Time

Goldman Sachs Group Inc., which is the lead underwriter for the SpaceX IPO, reportedly shared with prospective investors that the company's total revenue could reach over $474 billion by 2030.

SpaceX IPO Casts Doubt

However, not everyone is bullish on SpaceX, with NYU Stern Professor Aswath Damodaran, widely known as the Dean of Valuation, saying that he would avoid participating in the IPO, citing concerns with SpaceX’s valuation, its $28.5 trillion market opportunity and other reasons.

Top Pension officials from New York and California have also criticized SpaceX’s IPO, accusing Musk of creating a management-favorable structure. SpaceX will incorporate a dual-class share structure, with Musk's Class B shares each worth 10 regular shares, holding significant voting power.

Photo courtesy: Shutterstock

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Immersed

Immersed is building technology for the future of work through spatial computing. Known for its AR/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing.

Vinovest

Fine wine and rare whiskey have historically moved independently of the stock market, making them a compelling alternative asset. Vinovest manages authenticated, insured portfolios of investment-grade wine and whiskey starting at $5,000 — sourcing, storage, and insurance all handled for you.

EnergyX

EnergyX is a clean energy technology company focused on direct lithium extraction and refinery technologies for the lithium-ion battery supply chain. Its proprietary DLE systems are designed to recover lithium from brine resources more efficiently and with less environmental impact, supporting efforts to expand lithium supply for electric vehicles, grid-scale storage, and other battery applications.

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Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000 — fully managed, with no landlord headaches.

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Fundrise

Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth.

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American Hartford Gold is a precious metals dealer that helps clients buy physical gold and silver coins and bars, either for direct delivery or within self-directed precious metals IRAs. The company's services include gold and silver IRAs, IRA rollovers, and home delivery of bullion, giving investors a way to use tangible metals to diversify portfolios and seek protection against inflation and market volatility.

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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By Philip Blenkinsop

BRUSSELS, June 11 (Reuters) - The United States and the European Union have yet to ‌decide whether to continue suspending or to reimpose tariffs ‌on $11.5 billion of goods in a decades-long dispute over aircraft subsidies ​with just days to go before their truce expires.

The two sides in 2004 lodged parallel cases at the World Trade Organization over subsidies for U.S. plane maker Boeing and ‌European rival Airbus, ⁠accusing each other of unfair competition.

The WTO in 2019 authorised the United States to impose ⁠tariffs on $7.5 billion of EU goods, such as cheese, in the case against Airbus. A year later, it gave ​the EU ​the right to respond with ​countermeasures on $4 billion of ‌U.S. imports, including tobacco and spirits. On June 15, 2021, both sides agreed to suspend these tariffs for five years.

A European Commission spokesperson said on Thursday that discussions were ongoing to extend the suspension.

The two sides said ‌in 2021 they aimed to work ​on an overarching agreement on ​subsidies for large aircraft ​and to counter investments in aircraft by "non-market ‌actors," meaning China. They said ​then they expected ​the dispute would be resolved within five years.

Instead, tariff tensions have risen, with the European Union facing ​fees on most ‌of its exports to the United States, although ​aircraft and aircraft parts are excluded.

(Reporting by Philip ​Blenkinsop; editing by Barbara Lewis)

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L3Harris Technologies, Inc. LHX recently secured a U.S. Army contract worth up to $106 million to deliver its VAMPIRE counter-unmanned systems (c-UxS), reinforcing its role in addressing the growing threat posed by hostile drones. The order supports the United States' layered c-UxS defense strategy and highlights rising demand for affordable, rapidly deployable drone defense capabilities.

LHX's Leadership in Counter-Unmanned Systems

L3Harris has leveraged decades of expertise to develop affordable, reliable and best-in-class solutions that swiftly counter the growing global threat posed by unmanned systems. The company has launched a new Counter-Unmanned Systems initiative, using its wide-ranging capabilities to tackle unmanned threats across air, land and sea domains.

L3Harris has already developed and proven counter-unmanned systems, including VAMPIRE, CORVUS-RAVEN, Nimble Finch and Drone Guardian.

The company's VAMPIRE is an affordable, compact Intelligence, Surveillance, and Reconnaissance and counter-unmanned weapons system engineered to deploy on nearly any platform, vehicle or vessel. This all-in-one system excels in Counter-small Unmanned Airborne System operations, providing precision strike capabilities against drones and remotely piloted aircraft with configurable sensors and weapons.

Such expertise may have attracted the interest of nations looking to incorporate L3Harris' counter-unmanned systems into their defense arsenals.

Growth Potential

According to a report by Market Research Future, the rising use of drones across military, commercial and recreational applications is driving the need for counter-unmanned aerial systems capable of detecting, tracking and neutralizing unauthorized drones. Per the same report, the market is projected to witness a CAGR of 24.72% between 2025 and 2035.

Such growth prospects are favorable for LHX, which is a trusted developer of counter-unmanned aerial systems. Other defense companies poised to benefit from the expanding counter-unmanned aerial systems market are discussed below:

RTX Corporation RTX: The company's Coyote counter-unmanned aircraft system is capable of neutralizing both single-drone threats and swarms, with shortened engagement timelines to address multiple targets. Its kinetic and non-kinetic variants can counter small to large unmanned aircraft systems at extended ranges and higher altitudes.

RTX boasts a long-term (three to five years) earnings growth rate of 10.2%. The Zacks Consensus Estimate for 2026 sales stands at $93.68 billion, which calls for an increase of 5.7%.

The Boeing Company BA: The company's Compact Laser Weapon System is a modular, high-energy laser platform that delivers proven air defense capabilities against unmanned aircraft systems. Its flexible design allows transport and operation by a single warfighter and can be configured for mobile deployment on various combat vehicles, offering exceptional adaptability to maintain readiness in any environment.

The Zacks Consensus Estimate for BA's 2026 loss is pegged at 15 cents, which suggests an improvement. The Zacks Consensus Estimate for 2026 sales is pegged at $96.70 billion, which suggests an increase of 8.1%.

BAE Systems plc BAESY: The company's TRIDON Mk2 is a high-precision, cost-effective anti-aircraft system that is simple to deploy and maintain. It can engage threats ranging from drones and cruise missiles to aircraft and armored vehicles, providing security and protection for both military forces and civilian infrastructure.

BAESY boasts a long-term earnings growth rate of 15%. The Zacks Consensus Estimate for 2026 sales stands at $44.65 billion, which calls for an increase of 56.8%.

Story Continues

LHX Stock Price Movement

In the past year, shares of L3Harris have risen 21% against the industry's decline of 0.3%.Zacks Investment Research

Image Source: Zacks Investment Research

LHX's Zacks Rank

L3Harris currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

The Boeing Company (BA) : Free Stock Analysis Report

Bae Systems PLC (BAESY) : Free Stock Analysis Report

L3Harris Technologies Inc (LHX) : Free Stock Analysis Report

RTX Corporation (RTX) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

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Flight or fight? In looking at your investment portfolio, you have the choice of both.

Invesco Aerospace & Defense ETF (NYSEMKT:PPA) offers broad exposure to defense contractors and aerospace manufacturing with lower historical volatility, while U.S. Global Jets ETF (NYSEMKT:JETS) provides a pure-play, more concentrated bet on global airline operators.

Investors looking for exposure to flight-related industries generally choose between two distinct paths: commercial travel or military defense. While both funds are housed primarily within the industrial sector, their underlying economic drivers differ significantly, ranging from consumer leisure demand and fuel costs to national security budgets and long-term government defense contracts.

Snapshot (cost & size)

Metric JETS PPA Issuer US Global Invesco Expense ratio 0.60% 0.58% 1-yr return (as of June 8, 2026) 20.10% 25.10% Dividend yield 0.80% 0.40% Beta 1.21 0.74 AUM $860.4 million $8.0 billion

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.

The Invesco fund is slightly more affordable with a 0.58% expense ratio compared to the 0.60% charged by the U.S. Global fund. However, the airline-focused ETF provides a higher payout, yielding 0.80% over the trailing 12 months at its recent price of $27.55, versus the 0.40% yield from the defense fund when it was trading around $166.

Performance & risk comparison

Metric JETS PPA Max drawdown (5 yr) (44.00%) (18.40%) Growth of $1,000 over 5 years (total return) $1,060 $2,282

What's inside

The Invesco Aerospace & Defense ETF holds 60 positions and tracks the SPADE Defense Index, focusing on firms vital to U.S. homeland security and aerospace support. Its largest positions include Boeing Co. (NYSE:BA) at 8.1%, RTX Corp. (NYSE:RTX) at 7.91%, and GE Aerospace (NYSE:GE) at 7.77%. The portfolio is almost 94% Industrials, with the balance in technology and communication services. This fund was launched in 2005 and has a trailing-12-month dividend of $0.66 per share.

The U.S. Global Jets ETF offers a more concentrated portfolio of 50 positions, including both airline operators and aircraft manufacturers worldwide. Its largest positions include Delta Air Lines Inc (NYSE:DAL) at 12.69%, American Airlines Group Inc (NASDAQ:AAL) at 12.01%, and United Airlines Holdings Inc (NASDAQ:UAL) at 11.57%. The sector mix is 91% Industrials, 7% Consumer Cyclical, and 2% Technology. This fund was launched in 2015 and has a trailing-12-month dividend of $0.23 per share.

Story Continues

Which is the better buy?

The Invesco Aerospace & Defense ETF is the better buy, having outpaced the U.S. Global JETS fund year-to-date, over the past three years, and over the previous five years. In the three years through March 31, 2026, PPA has returned 27.87%, while avancing 17.85% over the previous five years. By comparison, the U.S. Global JETS ETF has returned 17.38% over the past three years and 2% over the past five years.

The primary difference is that JETS is focusing solely on the commercial aerospace business, mainly consumer travel on aircraft. That's a boom-and-bust industry, where intense competition over airfare pricing makes it difficult for most airlines to post consistent profits.

The Invesco PPA fund holds a number of stocks not seen in JETS, including defense contractors L3Harris Technologies (NYSE:LHX), GeneralDynamics (NYSE:GD), and Northrop Grumman (NYSE:NOC). All of those are stocks benefiting from the U.S. increasing defense spending amid multiple military campaigns in recent years.

With lower volatility than JETS, as indicated by its lower maximum drawdown, PPA is the choice for 2026.

For more guidance on ETF investing, check out the full guide at this link.

Should you buy stock in Invesco Exchange-Traded Fund Trust - Invesco Aerospace & Defense ETF right now?

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Brendan Coffey has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Boeing, GE Aerospace, L3Harris Technologies, and RTX. The Motley Fool recommends Delta Air Lines. The Motley Fool has a disclosure policy.

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By Jason Lange and Joey Roulette

WASHINGTON, June 11 (Reuters) - Even before going public, Elon Musk's SpaceX has become a household name in America — more widely recognized than legacy Apollo-era companies and even prominent 2028 presidential hopefuls, according to a Reuters/Ipsos ‌poll.

For the last decade, SpaceX rockets have regularly returned to ocean platforms or giant mechanical arms on the launchpad in controlled ‌landings that resemble science fiction. The company has also disrupted the satellite internet market.

Some 84% of Americans are familiar with the company, according to the six-day Reuters/Ipsos poll that ​closed on Monday. Just 13% say they have never heard of SpaceX.

That's on par with Boeing, a 110-year-old company whose planes transport hundreds of millions of passengers annually that 14% of respondents said they had never heard of -- and far more than B-2 stealth bomber maker Northrop Grumman, unknown to half the poll respondents.

It also trumped well-known public figures, including Republican Secretary of State Marco Rubio, who one in five respondents had not heard of, ‌and Democratic California Governor Gavin Newsom, unknown to one ⁠in four respondents. Both are seen as strong contenders for the White House in 2028.

SPACE PROGRAM

America's storied space program has come to rely heavily on SpaceX, the only U.S. entity capable of sending astronauts to the International ⁠Space Station. It's also building a key astronaut moon lander for NASA, launching most of the Pentagon's satellites to space, and wooing the U.S. military and intelligence agencies with its vast satellite networks Starlink and Starshield.

SpaceX hopes to cash in on its fame in its stock offering, reportedly reserving up to 30% ​of the ​initial stock sales for retail investors — far more than the usual 5% to ​10%. The new shares are expected to be priced ‌on Thursday, with the offering potentially valuing the company at well over $1 trillion even though it has recently been losing money.

Some 29% of poll respondents said they would likely buy stock in SpaceX if it were available to them. That doesn't mean a third of the country will rush out to buy the shares. The Federal Reserve estimates only a fifth of households own any individual stocks directly, and many of those holdings are employer-stock related.

SpaceX is also somewhat polarizing for Americans who associate the company with its CEO, Musk, a billionaire who played a major ‌role in the early months of Republican President Donald Trump's second term. Some 74% ​of Republicans in the Reuters/Ipsos poll said they had a favorable view of SpaceX, ​compared to 32% of Democrats and 49% of Americans overall. ​Musk's own favorability rating, at 34%, was a touch below Trump's own rating.

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U.S. space agency NASA had an 80% ‌favorability rating, although respondents were more divided about crewed space ​exploration, with 38% saying the costs ​of NASA sending people to space outweigh the benefits and 58% saying the effort is worth it.

Some also have reservations about the commercialization of space, with 33% of poll respondents saying they oppose the goal of several private companies to mine resources on ​the moon. Another 24% support the idea, which is ‌among SpaceX's long-term business plans, and 41% said they neither supported nor opposed it.

The Reuters/Ipsos poll was conducted online and gathered ​responses from 4,531 U.S. adults nationwide. Its results had a margin of error of 2 percentage points in either direction.

(Reporting by ​Jason Lange and Joey Roulette; editing by Scott Malone and Rosalba O'Brien)