First Trust Indxx Aerospace & Defense ETF (MISL)

Market Price (9/22/2026): $42.71

First Trust Indxx Aerospace & Defense ETF (MISL)

Market Price (9/22/2026): $42.71

Key Takeaways

MISL has returned +0.4% YTD vs +14.0% for SPY; +7.6% over the past 12 months (SPY +17.5%). details →
Priced in gold, MISL has returned -12.7% over the past 3 years, vs +101.1% in dollars — its dollar gains have lagged gold. details →
Over the past month, MISL has seen net outflows of −$7M (−1.0% of assets). details →
MISL's portfolio trades at 30.9x forward earnings — a 313% premium to SPY (7.5x). details →
MISL's top 10 holdings represent 63% of the fund vs 37% for SPY — a more concentrated portfolio. details →

Last updated: 9/21/2026.

Price Chart

ETF Price
Price/Gold

Asset Allocation with MISL

Risk Tolerance:

ConservativeModerateAggressive

Moderate — 55% equity / 25% bonds / 20% alternatives

10Y Return (ann.)

+7.7%

Volatility

7.9%

Sharpe

0.63

YTD

+2.1%

Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

	ETF	%	1D	1W	1M	YTD
Equity	MISL	25.0%	1.4%	1.2%	-5.0%	0.4%
Bond	BND	50.0%	0.3%	0.3%	-1.0%	-1.0%
Gold	GLD	10.0%	-0.7%	1.4%	-4.1%	0.5%
Commodity	DBC	2.5%	0.0%	-0.7%	5.9%	47.3%
Real Estate	VNQ	5.0%	1.0%	-0.6%	-4.9%	8.1%
Bitcoin	BTCUSD	0.0%	0.3%	3.8%	11.1%	-7.3%
Cash	GOVT	7.5%	0.2%	0.2%	-1.3%	-1.6%
Conservative Portfolio		100.0%	0.5%	0.6%	-2.3%	1.1%

	ETF	%	1D	1W	1M	YTD
Equity	MISL	55.0%	1.4%	1.2%	-5.0%	0.4%
Bond	BND	25.0%	0.3%	0.3%	-1.0%	-1.0%
Gold	GLD	7.0%	-0.7%	1.4%	-4.1%	0.5%
Commodity	DBC	4.0%	0.0%	-0.7%	5.9%	47.3%
Real Estate	VNQ	5.0%	1.0%	-0.6%	-4.9%	8.1%
Bitcoin	BTCUSD	2.0%	0.3%	3.8%	11.1%	-7.3%
Cash	GOVT	2.0%	0.2%	0.2%	-1.3%	-1.6%
Moderate Portfolio		100.0%	0.8%	0.9%	-3.1%	2.1%

	ETF	%	1D	1W	1M	YTD
Equity	MISL	80.0%	1.4%	1.2%	-5.0%	0.4%
Bond	BND	5.0%	0.3%	0.3%	-1.0%	-1.0%
Gold	GLD	3.0%	-0.7%	1.4%	-4.1%	0.5%
Commodity	DBC	2.2%	0.0%	-0.7%	5.9%	47.3%
Real Estate	VNQ	4.5%	1.0%	-0.6%	-4.9%	8.1%
Bitcoin	BTCUSD	5.2%	0.3%	3.8%	11.1%	-7.3%
Cash	GOVT	0.0%	0.2%	0.2%	-1.3%	-1.6%
Aggressive Portfolio		100.0%	1.1%	1.2%	-3.7%	1.3%

	ETF	%	Return	Volatility	Sharpe
Equity	MISL	25.0%	0.0%	11.1%	0.44
Bond	BND	50.0%	1.4%	5.2%	-0.25
Gold	GLD	10.0%	12.1%	15.3%	0.63
Commodity	DBC	2.5%	8.4%	17.3%	0.40
Real Estate	VNQ	5.0%	4.9%	17.5%	0.21
Bitcoin	BTCUSD	0.0%	62.7%	76.3%	0.95
Cash	GOVT	7.5%	0.3%	4.9%	-0.46
Conservative Portfolio		100.0%	4.5%	5.9%	0.29

	ETF	%	Return	Volatility	Sharpe
Equity	MISL	55.0%	0.0%	11.1%	0.44
Bond	BND	25.0%	1.4%	5.2%	-0.25
Gold	GLD	7.0%	12.1%	15.3%	0.63
Commodity	DBC	4.0%	8.4%	17.3%	0.40
Real Estate	VNQ	5.0%	4.9%	17.5%	0.21
Bitcoin	BTCUSD	2.0%	62.7%	76.3%	0.95
Cash	GOVT	2.0%	0.3%	4.9%	-0.46
Moderate Portfolio		100.0%	7.7%	7.9%	0.63

	ETF	%	Return	Volatility	Sharpe
Equity	MISL	80.0%	0.0%	11.1%	0.44
Bond	BND	5.0%	1.4%	5.2%	-0.25
Gold	GLD	3.0%	12.1%	15.3%	0.63
Commodity	DBC	2.2%	8.4%	17.3%	0.40
Real Estate	VNQ	4.5%	4.9%	17.5%	0.21
Bitcoin	BTCUSD	5.2%	62.7%	76.3%	0.95
Cash	GOVT	0.0%	0.3%	4.9%	-0.46
Aggressive Portfolio		100.0%	11.0%	10.6%	0.78

Figures are on an annualized basis, based on monthly return data for the last 10 years

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	MISL	25.0%
Bond	BND	50.0%	-14.2%	-2.2%	1.3%
Gold	GLD	10.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	2.5%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	0.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	7.5%	-12.4%	4.4%	1.6%
Conservative Portfolio		100.0%	-13.0%	-5.4%	0.4%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	MISL	55.0%
Bond	BND	25.0%	-14.2%	-2.2%	1.3%
Gold	GLD	7.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	4.0%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	2.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	2.0%	-12.4%	4.4%	1.6%
Moderate Portfolio		100.0%	-13.6%	-10.2%	-2.9%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	MISL	80.0%
Bond	BND	5.0%	-14.2%	-2.2%	1.3%
Gold	GLD	3.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	2.2%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	4.5%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	5.2%	-56.0%	-33.5%	-37.4%
Cash	GOVT	0.0%	-12.4%	4.4%	1.6%
Aggressive Portfolio		100.0%	-23.8%	-22.3%	-13.2%

The table shows the return of different asset classes during market crises - specifically during the period where the S&P fell and bottomed

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[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance

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Top 20 Holdings for MISL

Total Weights
Top 5: 43.4% | Top 10: 63.1% | Top 20: 87.6%

Ticker	Holding	ETF Weight	Sales Weight	Earnings Weight	Fwd P/S	Fwd P/E	Fwd Sales Growth	Fwd Earnings Growth
Total		98.76%	100.00%	100.00%	2.7	30.9	+11.0%	+15.1%
Top 20		87.64%	80.55%	87.07%	3.0	32.2	+11.8%	+15.3%
PLTR	Palantir Technologies	11.48%	0.50%	3.10%	39.1	98.0	+49.7%	+40.0%
RTX	RTX	8.42%	9.35%	9.77%	2.6	24.9	+7.4%	+8.7%
SPCX	Space Exploration Technologies	8.33%	0.60%	—	9.9	203.8	+142.3%	+111.3%
BA	Boeing	7.96%	14.66%	4.80%	1.5	73.0	+14.9%	—
GE	GE Aerospace	7.21%	3.43%	7.68%	6.1	35.4	+10.9%	+14.7%
LMT	Lockheed Martin	4.30%	8.38%	8.64%	1.5	16.6	+5.8%	+7.0%
NOC	Northrop Grumman	4.15%	7.42%	9.82%	1.6	17.5	+6.9%	+4.1%
GD	General Dynamics	4.03%	7.21%	7.45%	1.6	19.2	+4.9%	+9.3%
LHX	L3Harris Technologies	3.62%	5.63%	5.77%	1.9	18.7	+7.0%	+15.0%
HEI	Heico	3.57%	1.36%	2.81%	7.1	42.0	+11.2%	+14.0%
TDG	TransDigm	3.54%	1.74%	4.66%	5.5	22.8	+10.1%	+17.4%
HWM	Howmet Aerospace	3.50%	1.09%	2.83%	8.2	36.6	+13.8%	+20.9%
RKLB	Rocket Lab	3.31%	0.18%	—	34.2	—	+45.4%	—
ASTS	AST SpaceMobile	2.59%	0.05%	—	32.2	—	+345.0%	—
CW	Curtiss-Wright	2.36%	1.28%	2.40%	5.2	33.9	+8.3%	+9.9%
WWD	Woodward	2.16%	1.46%	2.43%	4.1	29.6	+8.9%	+12.1%
FTAI	FTAI Aviation	2.06%	1.01%	2.03%	3.4	16.8	+65.6%	+138.9%
LDOS	Leidos	1.85%	6.28%	6.19%	0.9	10.2	+4.7%	-2.5%
CACI	CACI International	1.60%	3.40%	2.41%	1.3	18.2	+6.7%	+13.3%
TXT	Textron	1.59%	5.52%	4.27%	0.9	10.9	+3.7%	+12.4%

[1] Total and Top 20 rows are weighted aggregates across constituents.
[2] Forward P/S and P/E ratios use consensus sales and earnings for the 12 months ending 9/30/27. Individual constituent FY1 and FY2 consensus figures adjusted to align with 9/30/27.
[3] Forward Sales and Non-GAAP Earnings Growth are calculated as next fiscal year (FY2) consensus growth over current fiscal year (FY1) consensus. They are not derived from the forward P/S and P/E multiples shown.

Performance for MISL Top Holdings

Ticker	Holding	Weight	Mkt Price 9/21	1D Rtn	1M Rtn	YTD Rtn	1Y Rtn	3Y Rtn	5Y Rtn	10Y Rtn
MISL	First Trust Indxx Aerospace & Defense ETF	100.00%	42.96	1.4%	-5.6%	0.4%	7.6%	101.1%
PLTR	Palantir Technologies	11.48%	183.09	3.1%	1.8%	3.0%	0.4%	1,195.8%	567.5%
RTX	RTX	8.42%	194.34	0.2%	-7.4%	7.1%	24.6%	188.2%	153.7%	306.2%
SPCX	Space Exploration Technologies	8.33%	151.85	-0.6%	10.9%
BA	Boeing	7.96%	201.15	1.5%	-6.1%	-7.4%	-6.7%	1.7%	-7.3%	65.9%
GE	GE Aerospace	7.21%	319.01	1.5%	-8.4%	3.8%	6.5%	265.2%	427.5%	144.5%
LMT	Lockheed Martin	4.30%	535.40	0.4%	-4.4%	12.7%	16.1%	40.2%	79.1%	183.6%
NOC	Northrop Grumman	4.15%	526.66	-0.1%	-4.0%	-6.5%	-6.6%	30.3%	63.9%	184.9%
GD	General Dynamics	4.03%	353.90	0.2%	-7.9%	6.5%	11.1%	72.0%	102.9%	185.8%
LHX	L3Harris Technologies	3.62%	246.93	-0.1%	-7.0%	-14.8%	-11.6%	50.7%	22.5%	227.6%
HEI	Heico	3.57%	303.03	1.6%	-14.6%	-6.3%	-4.9%	90.3%	136.4%	768.8%
TDG	TransDigm	3.54%	1,109.65	2.2%	-7.6%	-16.6%	-13.5%	53.2%	112.2%	516.2%
HWM	Howmet Aerospace	3.50%	227.37	-1.0%	-16.3%	11.1%	19.8%	400.5%	641.5%	962.3%
RKLB	Rocket Lab	3.31%	69.89	8.2%	-3.7%	0.2%	46.2%	1,460.0%	380.7%
ASTS	AST SpaceMobile	2.59%	61.89	5.8%	-9.8%	-14.8%	37.2%	1,478.8%	448.7%
CW	Curtiss-Wright	2.36%	568.02	-0.0%	-10.5%	3.1%	10.5%	189.3%	369.5%	572.7%
WWD	Woodward	2.16%	325.16	1.1%	-5.3%	7.8%	37.1%	166.5%	189.0%	465.4%
FTAI	FTAI Aviation	2.06%	192.74	1.0%	-8.1%	-1.5%	8.6%	490.5%	1,029.3%	3,299.8%
LDOS	Leidos	1.85%	128.23	0.4%	-9.0%	-28.3%	-30.8%	45.5%	48.3%	246.8%
CACI	CACI International	1.60%	632.87	1.0%	-2.2%	18.8%	26.9%	104.0%	153.0%	522.1%
TXT	Textron	1.59%	79.41	-0.4%	-4.2%	-8.8%	-4.9%	2.4%	14.6%	104.0%

Guidance Updates for MISL Top Holdings

	Ticker	Company	Earnings Date	Guidance Metric	Midpoint Value	% Change	Guidance Change
CACI_8052026	CACI	CACI International	8/5/2026	2027 Revenue	10.75 Bil	12.6%	Higher NewNew Guidance Higher than Prior Actual of 9.55 Bil for 2026
HWM_8062026	HWM	Howmet Aerospace	8/6/2026	Q3 2026 Revenue	2.58 Bil	7.3%	Higher NewNew Guidance Higher than Prior Actual of 2.40 Bil for Q2 2026
PLTR_8032026	PLTR	Palantir Technologies	8/3/2026	2026 Revenue	8.15 Bil	6.5%	RaisedRaised Prior Guidance of 7.66 Bil for 2026
RKLB_8102026	RKLB	Rocket Lab	8/10/2026	Q3 2026 Revenue	257.50 Mil	10.8%	Higher NewNew Guidance Higher than Prior Actual of 232.50 Mil for Q2 2026

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
MISL Return	-	8%	15%	20%	41%	-1%	109%
Peers Return	15%	-20%	33%	13%	40%	37%	169%
S&P 500 Return	27%	-19%	24%	23%	16%	12%	104%
Monthly Win Rates [3]
MISL Win Rate	-	100%	58%	58%	83%	44%
Peers Win Rate	58%	45%	62%	58%	67%	67%
S&P 500 Win Rate	75%	42%	67%	75%	67%	44%
Max Drawdowns [4]
MISL Max Drawdown	-	-	-10%	-10%	-16%	-17%
Peers Max Drawdown	-20%	-37%	-19%	-18%	-26%	-18%
S&P 500 Max Drawdown	-5%	-25%	-10%	-8%	-19%	-9%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: SMH, SOXX, IBB, XBI, ITA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/21/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker	1Y	3Y	5Y
MISL	0.44	0.95	0.92
Equity Top Results (3Y)
IALT	2.08	2.08	2.08
VLUE	2.53	1.42	0.74
SPMO	0.94	1.37	0.79
CORO	1.35	1.33	1.33
CGDV	1.28	1.31	0.94

Results as of 8312026.

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Compare to SMH, SOXX, IBB, XBI, ITA

In The Past

First Trust Indxx Aerospace & Defense ETF's stock fell -8.9% during the 2025 US Tariff Shock. Such a loss loss requires a 9.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

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Compare to SMH, SOXX, IBB, XBI, ITA

In The Past

First Trust Indxx Aerospace & Defense ETF's stock fell -8.9% during the 2025 US Tariff Shock. Such a loss loss requires a 9.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

MISL Dip Buy History

MISL had 5 events since 10/26/2022 where the dip threshold of -5.0% within 60 days was triggered

46% median peak return within 1 year of dip event
368 days is the median time to peak return after a dip event
-2.1% median max drawdown within 1 year of dip event

60 Day Dip			MISL Subsequent Performance
Date	MISL	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			45%	46%	-2%	368
8242026	-9%	1%			-5%	3
4152026	-7%	1%			-11%	43
12312024	-5%	3%	54%	55%	-10%	371
9252023	-6%	-1%	45%	46%	-2%	364
5042023	-6%	-2%	30%	30%	-1%	368

[1] Dip event defined as first instance dip threshold is triggered within a 60-day time period.
[2] Analysis for period from 1/1/2005 to 9/21/2026

MISL had 3 events since 10/26/2022 where the dip threshold of -10% within 90 days was triggered

80% median peak return within 1 year of dip event
302 days is the median time to peak return after a dip event
-3.2% median max drawdown within 1 year of dip event

90 Day Dip			MISL Subsequent Performance
Date	MISL	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			68%	80%	-3%	302
7102026	-12%	11%			-5%	35
4042025	-13%	-14%	70%	86%	0%	287
3042025	-10%	-1%	66%	74%	-6%	318

[1] Dip event defined as first instance dip threshold is triggered within a 90-day time period.
[2] Analysis for period from 1/1/2005 to 9/21/2026

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Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

Ticker	Name	Dip %	Mkt Price	Price Date	Peak Price	Peak Date	# Days
IJH	iShares Core S&P Mid-Cap ETF	-6.9%	73.25	9212026	78.67	8162026	36
IWR	iShares Russell Mid-Cap ETF	-5.1%	109.00	9212026	114.82	8162026	36
MDY	State Street SPDR S&P MIDCAP 400 ETF Trust	-6.8%	668.33	9212026	716.91	8162026	36
SCHM	Schwab U.S. Mid-Cap ETF	-5.1%	35.00	9212026	36.87	6302026	83
IVOO	Vanguard S&P Mid-Cap 400 ETF	-6.5%	124.38	9212026	133.08	8162026	36
IJR	iShares Core S&P Small-Cap ETF	-7.4%	139.24	9212026	150.44	8162026	36
VB	Vanguard Small-Cap ETF	-5.9%	291.09	9212026	309.29	8162026	36
IWM	iShares Russell 2000 ETF	-6.4%	285.58	9212026	305.09	8162026	36
SCHA	Schwab U.S. Small-Cap ETF	-7.0%	33.61	9212026	36.13	6302026	83
VTWO	Vanguard Russell 2000 ETF	-6.1%	115.74	9212026	123.31	8162026	36
DFAS	Dimensional U.S. Small Cap ETF	-6.0%	79.41	9212026	84.48	8162026	36
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	-6.1%	53.21	9212026	56.64	8162026	36
NUSC	Nuveen ESG Small-Cap ETF	-6.5%	49.80	9212026	53.27	8162026	36
AKRE	Akre Focus ETF	-10.3%	55.50	9212026	61.85	8302026	22
IWP	iShares Russell Mid-Cap Growth ETF	-5.6%	139.44	9212026	147.70	8172026	35
VOT	Vanguard Mid-Cap Growth ETF	-5.2%	297.61	9212026	314.02	8162026	36
IJK	iShares S&P Mid-Cap 400 Growth ETF	-7.0%	110.72	9212026	119.11	8172026	35
MDYG	State Street SPDR S&P 400 Mid Cap Growth ETF	-7.2%	105.55	9212026	113.69	8172026	35
IWO	iShares Russell 2000 Growth ETF	-7.7%	365.15	9212026	395.65	8162026	36
VBK	Vanguard Small-Cap Growth ETF	-6.7%	341.70	9212026	366.24	8172026	35
IJT	iShares S&P Small-Cap 600 Growth ETF	-8.4%	163.95	9212026	179.07	8042026	48
SLYG	State Street SPDR S&P 600 Small Cap Growth ETF	-8.4%	109.44	9212026	119.50	8042026	48
IWS	iShares Russell Mid-Cap Value ETF	-5.0%	164.69	9212026	173.44	8162026	36
IJJ	iShares S&P Mid-Cap 400 Value ETF	-6.7%	141.50	9212026	151.67	8162026	36
MDYV	State Street SPDR S&P 400 Mid Cap Value ETF	-6.7%	90.90	9212026	97.39	8162026	36
VBR	Vanguard Small-Cap Value ETF	-5.3%	238.38	9212026	251.66	8162026	36
AVUV	Avantis U.S. Small Cap Value ETF	-5.7%	121.46	9212026	128.74	8042026	48
IWN	iShares Russell 2000 Value ETF	-5.0%	215.95	9212026	227.43	8162026	36
IJS	iShares S&P Small-Cap 600 Value ETF	-6.7%	131.30	9212026	140.68	8162026	36
SLYV	State Street SPDR S&P 600 Small Cap Value ETF	-6.7%	104.67	9212026	112.22	8162026	36
VIOV	Vanguard S&P Small-Cap 600 Value ETF	-6.3%	113.17	9212026	120.76	8162026	36
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	-8.2%	34.23	9212026	37.30	6222026	91
EWY	iShares MSCI South Korea ETF	-13.7%	189.16	9212026	219.20	6212026	92
EWZ	iShares MSCI Brazil ETF	-8.8%	38.07	9212026	41.73	4142026	160
FXI	iShares China Large-Cap ETF	-8.8%	34.91	9212026	38.26	5132026	131
ILF	iShares Latin America 40 ETF	-6.9%	35.49	9212026	38.10	4142026	160
KWEB	KraneShares CSI China Internet ETF	-17.7%	25.18	9212026	30.59	5132026	131
SDY	State Street SPDR S&P Dividend ETF	-5.9%	149.79	9212026	159.18	8242026	28
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	-6.0%	55.50	9212026	59.07	8242026	28
COWZ	Pacer US Cash Cows 100 ETF	-5.1%	68.69	9212026	72.40	8302026	22
MTUM	iShares MSCI USA Momentum Factor ETF	-8.4%	316.25	9212026	345.22	6222026	91
SPHQ	Invesco S&P 500 Quality ETF	-5.9%	84.81	9212026	90.10	6302026	83
FNDA	Schwab Fundamental U.S. Small Company ETF	-6.7%	35.94	9212026	38.52	8162026	36
SPMO	Invesco S&P 500 Momentum ETF	-5.9%	152.14	9212026	161.66	6222026	91
URA	Global X Uranium ETF	-26.2%	42.98	9212026	58.26	5062026	138
BOTZ	Global X Funds Global X Robotics & Artificial Intelligence ETF	-14.0%	35.82	9212026	41.63	5132026	131
ROBO	ROBO Global Robotics & Automation Index ETF	-11.1%	80.29	9212026	90.34	6022026	111
LIT	Global X Lithium & Battery Tech ETF	-22.7%	70.83	9212026	91.62	5112026	133
ICLN	iShares Global Clean Energy ETF	-25.1%	17.80	9212026	23.75	6022026	111
ARKQ	ARK Autonomous Technology & Robotics ETF	-12.7%	125.49	9212026	143.82	5282026	116
ARKX	ARK Space & Defense Innovation ETF	-12.8%	32.90	9212026	37.74	5282026	116
NASA	Tema Space Innovators ETF	-40.9%	24.75	9212026	41.89	5272026	117
DRSK	Aptus Defined Risk ETF	-5.8%	27.94	9212026	29.67	6012026	112
YYY	Amplify CEF High Income ETF	-6.3%	10.83	9212026	11.56	7122026	71
GDE	WisdomTree Efficient Gold Plus Equity Strategy Fund	-5.7%	67.27	9212026	71.30	8252026	27
XLE	State Street Energy Select Sector SPDR ETF	-5.3%	62.46	9212026	65.93	9152026	6
XLI	State Street Industrial Select Sector SPDR ETF	-8.9%	169.98	9212026	186.51	8162026	36
XLY	State Street Consumer Discretionary Select Sector SPDR ETF	-7.9%	112.23	9212026	121.82	5282026	116
XLP	State Street Consumer Staples Select Sector SPDR ETF	-6.3%	81.92	9212026	87.45	8242026	28
XLU	State Street Utilities Select Sector SPDR ETF	-13.2%	40.66	9212026	46.85	4092026	165
XLB	State Street Materials Select Sector SPDR ETF	-7.4%	49.71	9212026	53.67	8262026	26
IYJ	iShares U.S. Industrials ETF	-7.9%	156.52	9212026	169.86	8042026	48
IYM	iShares U.S. Basic Materials ETF	-7.6%	181.49	9212026	196.45	8252026	27
FXN	First Trust Energy AlphaDEX Fund	-6.2%	22.83	9212026	24.35	9152026	6
SMH	VanEck Semiconductor ETF	-10.9%	596.03	9212026	668.91	6222026	91
SOXX	iShares Semiconductor ETF	-14.6%	559.34	9212026	655.01	6222026	91
XBI	State Street SPDR S&P Biotech ETF	-6.7%	158.23	9212026	169.55	8192026	33
ITA	iShares U.S. Aerospace & Defense ETF	-14.6%	216.14	9212026	253.22	8162026	36
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	-7.5%	184.75	9212026	199.70	9152026	6
IYT	iShares U.S. Transportation ETF	-11.3%	79.86	9212026	90.01	7162026	67
IAI	iShares U.S. Broker-Dealers & Securities Exchanges ETF	-5.5%	187.10	9212026	198.06	9032026	18
KRE	State Street SPDR S&P Regional Banking ETF	-7.6%	71.99	9212026	77.93	8162026	36
MISL	First Trust Indxx Aerospace & Defense ETF	-12.7%	42.96	9212026	49.19	5282026	116
RING	iShares MSCI Global Gold Miners ETF	-10.9%	83.06	9212026	93.17	8252026	27
SOXQ	Invesco PHLX Semiconductor ETF	-15.0%	97.83	9212026	115.11	6222026	91
TLT	iShares 20+ Year Treasury Bond ETF	-5.7%	81.80	9212026	86.78	6292026	84
SPTL	State Street SPDR Portfolio Long Term Treasury ETF	-5.3%	24.94	9212026	26.33	6292026	84
EDV	Vanguard World Funds Extended Duration ETF	-7.8%	60.30	9212026	65.43	6242026	89
LMUB	iShares Long-Term National Muni Bond ETF	-6.5%	47.70	9212026	51.00	7052026	78
GLD	SPDR Gold Trust	-10.7%	398.38	9212026	445.93	4192026	155
IAU	iShares Gold Trust	-10.0%	82.23	9212026	91.34	4192026	155
GLDM	SPDR Gold MiniShares Trust	-10.5%	85.96	9212026	96.04	4192026	155
SLV	iShares Silver Trust	-24.5%	59.93	9212026	79.35	5132026	131
PPLT	ETFS Physical Platinum Shares	-16.5%	16.32	9212026	19.55	5132026	131
PALL	ETFS Physical Palladium Shares	-17.9%	23.73	9212026	28.89	4142026	160
USO	United States Oil Fund LP	-8.5%	148.16	9212026	161.86	9152026	6
UNG	United States Natural Gas Fund LP	-16.4%	10.26	9212026	12.28	3292026	176
BNO	United States Brent Oil Fund LP ETV	-7.1%	55.85	9212026	60.13	5042026	140
VNQ	Vanguard Real Estate ETF	-7.1%	93.81	9212026	100.95	7282026	55
XLRE	State Street Real Estate Select Sector SPDR ETF	-7.4%	42.59	9212026	46.01	7282026	55
SCHH	Schwab U.S. REIT ETF	-7.8%	22.93	9212026	24.86	7262026	57
IYR	iShares U.S. Real Estate ETF	-7.8%	98.90	9212026	107.26	7282026	55
REET	iShares Global REIT ETF	-8.4%	26.46	9212026	28.89	7262026	57
USRT	iShares Core U.S. REIT ETF	-9.3%	63.34	9212026	69.82	7262026	57

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-09-21

Asset allocation rotation · Past week

Equity ETFs drew the largest net inflows (+$27.6B), followed by Bond (+$4.2B), with every major asset class in net inflows.
Within the mix, money rotated into US Large Cap Core (+$14.9B) and out of US Nasdaq Growth (−$4.3B).
Relative to fund size, ARKK drew the largest inflow (+32.8% of AUM) and IGOV the largest outflow (−14.6%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	+$34.13B	+4.0%
2	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$3.0B	+0.4%
3	ARKK	ARK Innovation ETF	Equity Thematic	+$2.57B	+32.8%
4	VUG	Vanguard Morningstar Growth ETF	Equity US Large Growth	+$2.26B	+1.0%
5	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$2.23B	+1.3%
6	VO	Vanguard Morningstar Mid-Cap ETF	Equity US Mid Cap Core	+$1.83B	+1.7%
7	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$1.5B	+3.4%
8	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$1.22B	+1.1%
9	VTV	Vanguard Morningstar Value ETF	Equity US Large Value	+$1.11B	+0.6%
10	GLD	SPDR Gold Shares	Commodity Gold	+$1.11B	+0.8%

#	Ticker	Name	Type	Net flow	% of AUM
1	ARKK	ARK Innovation ETF	Equity Thematic	+$2.57B	+32.8%
2	BKGI	BNY Mellon Global Infrastructure Income ETF	Other	+$314M	+19.4%
3	XHB	State Street SPDR S&P Homebuilders ETF	Other	+$283M	+19.3%
4	SMTH	ALPS Funds Smith Core Plus Bond ETF	Other	+$615M	+17.0%
5	ITB	iShares U.S. Home Construction ETF	Other	+$275M	+11.6%
6	VTES	Vanguard Short-Term Tax-Exempt Bond ETF	Other	+$344M	+11.0%
7	IDU	iShares U.S. Utilities ETF	Other	+$117M	+8.6%
8	IHI	iShares U.S. Medical Devices ETF	Other	+$296M	+8.4%
9	ICF	iShares Select U.S. REIT ETF	Other	+$158M	+7.5%
10	BUG	Global X - Cybersecurity ETF	Other	+$137M	+7.4%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	-$13.65B	-1.3%
2	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	-$7.63B	-1.0%
3	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	-$4.24B	-0.9%
4	TLT	iShares 20+ Year Treasury Bond ETF	Bond Long Treasury	-$1.76B	-3.7%
5	IWM	iShares Russell 2000 ETF	Equity US Small Cap Core	-$1.72B	-2.2%
6	XLF	State Street Financial Select Sector SPDR ETF	Equity Broad Sector	-$1.59B	-3.0%
7	EWY	iShares MSCI South Korea ETF	Equity Emerging Markets	-$1.14B	-4.3%
8	XLV	State Street Health Care Select Sector SPDR ETF	Equity Broad Sector	-$801M	-1.8%
9	XLE	State Street Energy Select Sector SPDR ETF	Equity Broad Sector	-$665M	-1.6%
10	USHY	iShares Broad USD High Yield Corporate Bond ETF	Bond High Yield Corporate	-$525M	-1.9%

#	Ticker	Name	Type	Net flow	% of AUM
1	IGOV	iShares International Treasury Bond ETF	Bond International	-$194M	-14.6%
2	KRE	State Street SPDR S&P Regional Banking ETF	Equity Industry Subsector	-$323M	-8.4%
3	SCMB	Schwab Municipal Bond ETF	Other	-$275M	-8.3%
4	INDA	iShares MSCI India ETF	Other	-$387M	-6.2%
5	CQQQ	Invesco China Technology ETF	Other	-$162M	-6.0%
6	CTA	Simplify Managed Futures Strategy ETF	Other	-$86M	-5.5%
7	DBA	Invesco DB Agriculture Fund	Other	-$68M	-4.8%
8	IYF	iShares U.S. Financials ETF	Other	-$180M	-4.4%
9	EWY	iShares MSCI South Korea ETF	Equity Emerging Markets	-$1.14B	-4.3%
10	ISPY	ProShares - S&P 500 High Income ETF	Other	-$51M	-4.3%

Asset allocation rotation · Past month

Equity ETFs drew the largest net inflows (+$42.0B), followed by Bond (+$12.8B), while Real Estate (−$97M) saw the largest outflows.
Within the mix, money rotated into Short Treasury (+$9.2B) and out of US Nasdaq Growth (−$9.2B).
Relative to fund size, CNEQ drew the largest inflow (+44.5% of AUM) and XOVR the largest outflow (−27.3%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$38.67B	+3.6%
2	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$7.79B	+1.1%
3	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$6.22B	+5.8%
4	VGSH	Vanguard Short-Term Treasury ETF	Bond Short Treasury	+$4.32B	+12.5%
5	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$3.15B	+2.8%
6	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$3.03B	+1.8%
7	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$3.02B	+7.1%
8	VUG	Vanguard Morningstar Growth ETF	Equity US Large Growth	+$2.89B	+1.3%
9	BND	Vanguard Total Bond Market ETF	Bond US Aggregate Core	+$2.72B	+1.7%
10	VXUS	Vanguard Total International Stock ETF	Equity International Broad	+$2.72B	+1.6%

#	Ticker	Name	Type	Net flow	% of AUM
1	CNEQ	Alger Concentrated Equity ETF	Other	+$1.17B	+44.5%
2	ARKK	ARK Innovation ETF	Equity Thematic	+$2.56B	+39.5%
3	BKGI	BNY Mellon Global Infrastructure Income ETF	Other	+$582M	+36.8%
4	VTES	Vanguard Short-Term Tax-Exempt Bond ETF	Other	+$920M	+35.9%
5	ALAI	Alger AI Enablers & Adopters ETF	Other	+$418M	+33.5%
6	MGNR	American Beacon GLG Natural Resources ETF	Other	+$420M	+32.3%
7	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$461M	+27.3%
8	XAGG	Morgan Stanley ETF Trust - Eaton Vance Strategic Income Opportunities ETF	Other	+$351M	+22.4%
9	XHB	State Street SPDR S&P Homebuilders ETF	Other	+$301M	+22.0%
10	DBMF	iMGP DBi Managed Futures Strategy ETF	Other	+$913M	+22.0%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$24.34B	-2.8%
2	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	-$12.83B	-1.6%
3	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	-$9.6B	-2.0%
4	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$4.44B	-15.0%
5	VGIT	Vanguard Intermediate-Term Treasury ETF	Bond Intermediate Treasury	-$2.53B	-6.4%
6	DRAM	Roundhill Memory ETF	Other	-$2.33B	-9.0%
7	GOVT	iShares U.S. Treasury Bond ETF	Bond Intermediate Treasury	-$2.29B	-5.5%
8	EWY	iShares MSCI South Korea ETF	Equity Emerging Markets	-$2.0B	-7.3%
9	XLF	State Street Financial Select Sector SPDR ETF	Equity Broad Sector	-$1.44B	-2.6%
10	GDX	VanEck Gold Miners ETF	Other	-$1.38B	-4.7%

#	Ticker	Name	Type	Net flow	% of AUM
1	XOVR	ERShares Private-Public Crossover ETF	Equity Thematic	-$422M	-27.3%
2	SNXX	Tradr 2X Long SNDK Daily ETF	Other	-$488M	-27.1%
3	TAN	Invesco Solar ETF	Other	-$264M	-26.1%
4	SCMB	Schwab Municipal Bond ETF	Other	-$725M	-17.4%
5	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$4.44B	-15.0%
6	CTA	Simplify Managed Futures Strategy ETF	Other	-$218M	-13.9%
7	USO	United States Oil Fund, LP	Commodity Energy	-$261M	-13.6%
8	IGOV	iShares International Treasury Bond ETF	Bond International	-$192M	-12.5%
9	IYZ	iShares U.S. Telecommunications ETF	Other	-$129M	-10.4%
10	MTBA	Simplify MBS ETF	Other	-$135M	-9.5%

Asset allocation rotation · Past 3 months

Equity ETFs drew the largest net inflows (+$144.3B), followed by Bond (+$58.6B), with every major asset class in net inflows.
Within the mix, money rotated into US Large Cap Core (+$36.7B) and out of Intermediate Treasury (−$3.9B).
Relative to fund size, CNEQ drew the largest inflow (+235.2% of AUM) and FTXL the largest outflow (−80.8%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$19.01B	+1.8%
2	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$18.35B	+11.1%
3	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$15.92B	+2.3%
4	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$15.75B	+15.5%
5	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$9.9B	+9.4%
6	DRAM	Roundhill Memory ETF	Other	+$9.75B	+39.1%
7	VXUS	Vanguard Total International Stock ETF	Equity International Broad	+$9.44B	+5.8%
8	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$8.41B	+19.2%
9	BND	Vanguard Total Bond Market ETF	Bond US Aggregate Core	+$8.33B	+5.2%
10	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$8.13B	+44.5%

#	Ticker	Name	Type	Net flow	% of AUM
1	CNEQ	Alger Concentrated Equity ETF	Other	+$2.38B	+235.2%
2	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$1.28B	+89.3%
3	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$1.25B	+85.9% ⚠
4	BFLX	iShares Flexible Equity Active ETF	Other	+$1.41B	+84.7%
5	BKGI	BNY Mellon Global Infrastructure Income ETF	Other	+$823M	+62.3%
6	VTES	Vanguard Short-Term Tax-Exempt Bond ETF	Other	+$1.14B	+50.4%
7	FLKR	Franklin FTSE South Korea ETF	Other	+$703M	+49.7%
8	XAGG	Morgan Stanley ETF Trust - Eaton Vance Strategic Income Opportunities ETF	Other	+$632M	+46.9%
9	CBOX	Calamos ETF Trust - Calamos Tax-Aware Collateral ETF	Other	+$581M	+44.7%
10	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$8.13B	+44.5%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$5.17B	-53.4%
2	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$3.55B	-7.6%
3	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$3.12B	-0.4%
4	COWZ	Pacer US Cash Cows 100 ETF	Equity Factor Smart Beta	-$3.11B	-16.3%
5	VO	Vanguard Morningstar Mid-Cap ETF	Equity US Mid Cap Core	-$2.93B	-2.7%
6	IWM	iShares Russell 2000 ETF	Equity US Small Cap Core	-$2.62B	-3.2%
7	VB	Vanguard Morningstar Small-Cap ETF	Equity US Small Cap Core	-$2.41B	-3.0%
8	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$2.41B	-7.3%
9	VXF	Vanguard Extended Market ETF	Other	-$2.38B	-7.6%
10	IGV	iShares Expanded Tech-Software Sector ETF	Equity Industry Subsector	-$2.1B	-15.1%

#	Ticker	Name	Type	Net flow	% of AUM
1	FTXL	First Trust Nasdaq Semiconductor ETF	Other	-$1.1B	-80.8%
2	NASA	Tema Space Innovators ETF	Equity Thematic	-$780M	-69.7%
3	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$5.17B	-53.4%
4	XOVR	ERShares Private-Public Crossover ETF	Equity Thematic	-$785M	-42.1%
5	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	-$446M	-38.9%
6	TAN	Invesco Solar ETF	Other	-$472M	-34.8%
7	QLTA	iShares Aaa - A Rated Corporate Bond ETF	Other	-$370M	-30.4%
8	RSPN	Invesco S&P 500 Equal Weight Industrials ETF	Other	-$278M	-25.8%
9	COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	Other	-$557M	-24.3%
10	FDL	First Trust Morningstar Dividend Leaders Index Fund	Other	-$1.7B	-21.7%

Largest ETF fund flows across ~2633 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

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About MISL

Holdings Count: 39
Expense Ratio: 0.6%
Inception Date: 2022-10-25

First Trust Indxx Aerospace & Defense ETF
The First Trust Indxx Aerospace & Defense ETF aims to mirror the financial performance, specifically the capital appreciation and income generation, of the Indxx US Aerospace & Defense Index, before factoring in its operational costs. Typically, under ordinary market circumstances, the Fund allocates a minimum of 80% of its net assets, including any capital acquired through borrowing, to the equity securities composing that benchmark index.
Asset Class: Sector Equity | ETF Website

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Peer Comparisons

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Profile

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
Asset Class	Equity	Equity	Equity	Equity	Equity	Equity	-
AUM ($ Bil)	0.7	74.1	45.4	10.5	10.6	12.5	11.5
Expense Ratio	0.60%	0.35%	0.33%	0.44%	0.35%	0.37%	0.36%
10-D Avg Volume (Mil)	0.42	10.22	9.51	1.56	8.70	0.73	5.13
Latest Day Volume (Mil)	0.02	2.39	2.92	0.60	4.63	-	2.39
Holdings Count	39	26	30	244	154	48	44
Inception Date	10/25/2022	12/20/2011	7/9/2001	2/4/2001	1/31/2006	4/30/2006	-

Fundamentals

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
Net Asset Value	42.43	572.84	533.18	204.77	158.31	213.87	-
Premium/Discount	1.2%	4.0%	4.9%	1.2%	-0.1%	1.1%	1.2%
Distribution Yield	0.4%	0.2%	0.3%	0.2%	0.4%	0.0%	0.2%
Sales Yield	32.2%	6.9%	7.1%	12.2%	8.8%	33.1%	10.5%
Earnings Yield	2.6%	2.3%	2.0%	1.9%	1.3%	2.9%	2.1%

Valuation

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
P/S (TTM)	3.1x	14.4x	14.1x	8.2x	11.4x	3.0x	9.8x
P/E (TTM)	39.2x	43.8x	51.2x	53.4x	77.1x	34.6x	47.5x
P/FCF (TTM)	52.1x	53.8x	61.0x	-	-	36.1x	53.0x
Forward P/E	31.0x	-	-	-	58.9x	28.1x	31.0x
Forward P/S	2.7x	-	-	-	7.4x	2.7x	2.7x

Risk

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
Volatility (1Y)	25.7%	39.8%	46.2%	21.8%	27.9%	23.2%	26.8%
Volatility (3Y)	20.9%	37.1%	39.8%	21.0%	28.0%	20.1%	24.5%
Volatility (5Y)	19.8%	36.8%	38.7%	22.3%	32.3%	20.3%	27.3%
Beta (1Y)	1.20	2.37	2.59	0.80	1.07	1.02	1.13
Beta (3Y)	0.87	1.97	2.06	0.82	1.03	0.85	0.95
Beta (5Y)	0.82	1.76	1.82	0.86	1.16	0.81	1.01
Sharpe Ratio (1Y)	0.42	1.79	1.84	1.79	1.92	0.39	1.79
Sharpe Ratio (3Y)	1.17	1.43	1.24	0.88	0.98	1.25	1.20
Sharpe Ratio (5Y)	1.08	1.00	0.87	0.30	0.28	0.86	0.87
Max Drawdown (1Y)	-17.3%	-24.6%	-29.0%	-9.6%	-10.5%	-15.8%	-16.6%
Max Drawdown (3Y)	-17.9%	-35.7%	-41.4%	-24.9%	-33.0%	-15.8%	-28.9%
Max Drawdown (5Y)	-17.9%	-45.3%	-45.8%	-39.0%	-53.2%	-18.7%	-42.2%

Returns

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
1M Return	-5.0%	5.9%	7.1%	-1.7%	-3.2%	-9.0%	-2.4%
3M Return	-3.6%	-10.9%	-14.6%	17.0%	8.5%	-8.2%	-5.9%
6M Return	-6.2%	54.9%	68.3%	28.2%	31.5%	-2.8%	29.8%
YTD Return	0.4%	65.5%	85.9%	22.9%	29.8%	0.8%	26.3%
1Y Return	7.8%	88.6%	109.6%	44.5%	64.3%	6.6%	54.4%
2Y Return	39.7%	156.9%	157.5%	40.6%	56.8%	49.8%	53.3%
3Y Return	95.3%	299.1%	245.5%	63.7%	103.4%	100.6%	102.0%

Short Interest

Short Interest: As Of Date	8312026
Short Interest: Shares Quantity	0.0 Mil
Short Interest: % Change Since 8152026	-63.9%
Average Daily Volume	0.1 Mil
Days-to-Cover Short Interest	1

External Quote Links

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1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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First Trust Indxx Aerospace & Defense ETF (MISL)

Market Price (9/22/2026): $42.71

First Trust Indxx Aerospace & Defense ETF (MISL)

Market Price (9/22/2026): $42.71

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