HomelandDefenseStocks.com talks to Michael Scott, manager of the SPADE Defense Index
Recent performance of aerospace, defense, and homeland defense stocks discussed
Point Roberts, WA, Delta BC – August 2, 2017 – Investorideas.com, a global news source and investor resource covering actively traded sectors including defense stocks issues a recent interview conducted through its defense portal , HomelandDefenseStocks.com (HDS) .
HomelandDefenseStocks.com talks to Michael Scott (MS), who manages the SPADE Defense Index; discussing the recent performance of the aerospace, defense, and homeland defense stocks.
HDS: Since the Presidential election, defense and homeland defense stocks have soared. Can you please put some numbers to it for us?
MS: Since the Nov 8th election, the Powershares Aerospace & Defense ETF (NYSE: PPA) which tracks our SPADE Defense Index is up 24% at historic highs. In comparison the S&P500 which has gained 15.5. More importantly for long-term investors, since 2000, the SPADE Defense Index has gained 511%, outperforming the broader market by a staggering 433%.
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