First Trust Indxx Aerospace & Defense ETF (MISL)

Market Price (8/25/2026): $44.45

First Trust Indxx Aerospace & Defense ETF (MISL)

Market Price (8/25/2026): $44.45

Key Takeaways

MISL has returned +4.2% YTD vs +12.3% for SPY; +15.0% over the past 12 months (SPY +19.3%). details →
Priced in gold, MISL has returned -18.0% over the past 3 years, vs +97.6% in dollars — its dollar gains have lagged gold. details →
Over the past month, MISL has seen net outflows of −$22M (−2.9% of assets). details →
MISL's portfolio trades at 33.6x forward earnings — a 299% premium to SPY (8.4x). details →
MISL's top 10 holdings represent 61% of the fund vs 37% for SPY — a more concentrated portfolio. details →

Last updated: 8/24/2026.

Price Chart

ETF Price
Price/Gold

Asset Allocation with MISL

Risk Tolerance:

ConservativeModerateAggressive

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

10Y Return (ann.)

+7.9%

Volatility

7.9%

Sharpe

0.65

YTD

+4.8%

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%	-2.1%	-6.8%	2.5%	4.2%
Bond	BND	50.0%	0.2%	0.3%	0.4%	0.0%
Gold	GLD	10.0%	0.8%	5.2%	14.7%	7.7%
Commodity	DBC	2.5%	-1.0%	1.2%	2.8%	38.4%
Real Estate	VNQ	5.0%	0.6%	1.1%	-1.7%	14.2%
Bitcoin	BTCUSD	0.0%	-0.7%	20.5%	21.3%	-11.1%
Cash	GOVT	7.5%	0.2%	0.3%	0.0%	-0.6%
Conservative Portfolio		100.0%	-0.3%	-0.9%	2.3%	3.4%

	ETF	%	1D	1W	1M	YTD
Equity	MISL	55.0%	-2.1%	-6.8%	2.5%	4.2%
Bond	BND	25.0%	0.2%	0.3%	0.4%	0.0%
Gold	GLD	7.0%	0.8%	5.2%	14.7%	7.7%
Commodity	DBC	4.0%	-1.0%	1.2%	2.8%	38.4%
Real Estate	VNQ	5.0%	0.6%	1.1%	-1.7%	14.2%
Bitcoin	BTCUSD	2.0%	-0.7%	20.5%	21.3%	-11.1%
Cash	GOVT	2.0%	0.2%	0.3%	0.0%	-0.6%
Moderate Portfolio		100.0%	-1.1%	-2.8%	3.0%	4.8%

	ETF	%	1D	1W	1M	YTD
Equity	MISL	80.0%	-2.1%	-6.8%	2.5%	4.2%
Bond	BND	5.0%	0.2%	0.3%	0.4%	0.0%
Gold	GLD	3.0%	0.8%	5.2%	14.7%	7.7%
Commodity	DBC	2.2%	-1.0%	1.2%	2.8%	38.4%
Real Estate	VNQ	4.5%	0.6%	1.1%	-1.7%	14.2%
Bitcoin	BTCUSD	5.2%	-0.7%	20.5%	21.3%	-11.1%
Cash	GOVT	0.0%	0.2%	0.3%	0.0%	-0.6%
Aggressive Portfolio		100.0%	-1.7%	-4.1%	3.6%	4.5%

	ETF	%	Return	Volatility	Sharpe
Equity	MISL	25.0%	0.0%	11.1%	0.48
Bond	BND	50.0%	1.4%	5.2%	-0.25
Gold	GLD	10.0%	12.8%	15.7%	0.65
Commodity	DBC	2.5%	7.8%	17.2%	0.35
Real Estate	VNQ	5.0%	5.0%	17.5%	0.20
Bitcoin	BTCUSD	0.0%	63.0%	76.3%	0.95
Cash	GOVT	7.5%	0.4%	4.9%	-0.47
Conservative Portfolio		100.0%	4.6%	5.9%	0.31

	ETF	%	Return	Volatility	Sharpe
Equity	MISL	55.0%	0.0%	11.1%	0.48
Bond	BND	25.0%	1.4%	5.2%	-0.25
Gold	GLD	7.0%	12.8%	15.7%	0.65
Commodity	DBC	4.0%	7.8%	17.2%	0.35
Real Estate	VNQ	5.0%	5.0%	17.5%	0.20
Bitcoin	BTCUSD	2.0%	63.0%	76.3%	0.95
Cash	GOVT	2.0%	0.4%	4.9%	-0.47
Moderate Portfolio		100.0%	7.9%	7.9%	0.65

	ETF	%	Return	Volatility	Sharpe
Equity	MISL	80.0%	0.0%	11.1%	0.48
Bond	BND	5.0%	1.4%	5.2%	-0.25
Gold	GLD	3.0%	12.8%	15.7%	0.65
Commodity	DBC	2.2%	7.8%	17.2%	0.35
Real Estate	VNQ	4.5%	5.0%	17.5%	0.20
Bitcoin	BTCUSD	5.2%	63.0%	76.3%	0.95
Cash	GOVT	0.0%	0.4%	4.9%	-0.47
Aggressive Portfolio		100.0%	11.3%	10.6%	0.81

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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Top 20 Holdings for MISL

Total Weights
Top 5: 41.3% | Top 10: 61.2% | Top 20: 86.8%

Ticker	Holding	ETF Weight	Sales Weight	Earnings Weight	Fwd P/S	Fwd P/E	Fwd Sales Growth	Fwd Earnings Growth
Total		99.73%	100.00%	100.00%	2.9	33.6	+11.4%	+16.4%
Top 20		86.76%	79.88%	86.82%	3.2	34.6	+12.1%	+16.7%
PLTR	Palantir Technologies	10.13%	0.49%	3.05%	38.9	96.6	+49.4%	+40.0%
RTX	RTX	8.42%	9.31%	9.71%	2.8	27.0	+7.4%	+8.8%
GE	GE Aerospace	7.65%	3.64%	8.13%	6.6	39.4	+11.1%	+12.8%
BA	Boeing	7.57%	14.29%	4.66%	1.5	94.7	+14.8%	—
SPCX	Space Exploration Technologies	7.49%	0.65%	—	9.5	207.2	+139.0%	+260.6%
LMT	Lockheed Martin	4.22%	8.37%	8.61%	1.5	17.6	+5.7%	+6.9%
HWM	Howmet Aerospace	3.97%	1.15%	2.97%	9.6	43.2	+13.4%	+20.3%
HEI	Heico	3.94%	1.31%	2.66%	8.6	51.0	+10.2%	+13.2%
NOC	Northrop Grumman	3.93%	7.22%	9.54%	1.7	18.4	+6.9%	+4.1%
GD	General Dynamics	3.88%	6.87%	7.07%	1.8	21.0	+4.9%	+9.0%
RKLB	Rocket Lab	3.77%	0.23%	—	34.5	—	+46.0%	—
TDG	TransDigm	3.57%	1.73%	4.65%	6.0	25.0	+10.1%	+17.5%
LHX	L3Harris Technologies	3.56%	5.58%	5.70%	2.0	20.1	+7.0%	+15.0%
ASTS	AST SpaceMobile	2.77%	0.06%	—	35.0	—	+351.0%	—
CW	Curtiss-Wright	2.58%	1.39%	2.58%	5.7	36.9	+8.2%	+10.2%
FTAI	FTAI Aviation	2.34%	1.19%	2.40%	3.7	18.7	+65.6%	+134.3%
WWD	Woodward	2.21%	1.56%	2.60%	4.2	30.6	+8.9%	+12.3%
LDOS	Leidos	1.79%	6.06%	5.96%	0.9	10.4	+4.7%	+4.6%
TXT	Textron	1.53%	5.48%	4.23%	0.9	11.4	+3.7%	+12.4%
CACI	CACI International	1.44%	3.27%	2.31%	1.3	18.4	+6.7%	+12.3%

[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 8/31/27. Individual constituent FY1 and FY2 consensus figures adjusted to align with 8/31/27.
[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 8/24	1D Rtn	1M Rtn	YTD Rtn	1Y Rtn	3Y Rtn	5Y Rtn	10Y Rtn
MISL	First Trust Indxx Aerospace & Defense ETF	100.00%	44.57	-2.1%	2.5%	4.2%	15.0%	97.6%
PLTR	Palantir Technologies	10.13%	175.89	-2.3%	43.1%	-1.0%	10.8%	1,110.5%	622.3%
RTX	RTX	8.42%	209.22	-0.3%	-1.4%	15.3%	35.9%	162.3%	171.7%	318.0%
GE	GE Aerospace	7.65%	341.84	-1.9%	-3.4%	11.3%	28.9%	288.8%	431.9%	152.7%
BA	Boeing	7.57%	210.46	-1.7%	0.4%	-3.1%	-8.5%	-5.8%	-4.8%	73.0%
SPCX	Space Exploration Technologies	7.49%	135.00	-1.4%	17.3%
LMT	Lockheed Martin	4.22%	564.14	0.1%	-3.2%	18.0%	29.8%	35.5%	79.9%	200.7%
HWM	Howmet Aerospace	3.97%	263.29	-3.1%	-8.9%	28.6%	54.3%	451.0%	710.9%	1,100.7%
HEI	Heico	3.94%	352.67	-0.7%	0.9%	9.1%	14.0%	112.5%	175.2%	910.4%
NOC	Northrop Grumman	3.93%	549.28	-0.3%	1.3%	-2.9%	-5.8%	33.8%	64.2%	203.0%
GD	General Dynamics	3.88%	383.77	-0.1%	-0.8%	15.5%	22.2%	82.2%	113.9%	214.4%
RKLB	Rocket Lab	3.77%	68.28	-5.9%	6.8%	-2.1%	53.9%	1,079.3%	554.7%
TDG	TransDigm	3.57%	1,199.08	-0.1%	-3.0%	-9.8%	-9.0%	62.2%	138.8%	573.9%
LHX	L3Harris Technologies	3.56%	262.83	-1.5%	-12.5%	-9.8%	-3.1%	56.3%	24.4%	249.1%
ASTS	AST SpaceMobile	2.77%	62.35	-9.2%	10.9%	-14.2%	32.5%	1,562.7%	560.5%
CW	Curtiss-Wright	2.58%	614.97	-3.2%	-18.0%	11.6%	28.1%	201.4%	423.7%	614.4%
FTAI	FTAI Aviation	2.34%	198.42	-5.4%	-7.9%	1.4%	35.4%	483.0%	893.3%	3,336.5%
WWD	Woodward	2.21%	333.15	-2.9%	-20.4%	10.5%	34.8%	168.3%	181.8%	469.5%
LDOS	Leidos	1.79%	138.43	-2.1%	23.4%	-22.8%	-23.0%	49.5%	51.3%	310.3%
TXT	Textron	1.53%	82.13	-1.0%	-14.0%	-5.7%	0.8%	9.5%	12.3%	103.3%
CACI	CACI International	1.44%	636.50	-1.7%	30.8%	19.5%	32.2%	95.7%	147.4%	544.9%

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%	6%	125%
Peers Return	15%	-20%	33%	13%	40%	40%	175%
S&P 500 Return	27%	-19%	24%	23%	16%	12%	104%
Monthly Win Rates [3]
MISL Win Rate	-	100%	58%	58%	83%	50%
Peers Win Rate	58%	45%	62%	58%	67%	70%
S&P 500 Win Rate	75%	42%	67%	75%	67%	50%
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 8/24/2026 (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	0.34	0.91	0.91
Equity Top Results (3Y)
IALT	2.11	2.11	2.11
SPMO	0.89	1.38	0.82
VLUE	2.49	1.26	0.69
CORO	1.33	1.25	1.25
CGDV	1.35	1.23	0.94

Results as of 7312026.

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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%			0%	0
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 8/24/2026

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%	10%			-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 8/24/2026

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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
MAGS	Roundhill Magnificent Seven ETF	-5.3%	67.20	8242026	70.94	5142026	102
QQQ	Invesco QQQ Trust, Series 1	-5.3%	706.32	8242026	746.16	6022026	83
QQQM	Invesco NASDAQ 100 ETF	-5.3%	290.81	8242026	307.23	6022026	83
IWF	iShares Russell 1000 Growth ETF	-6.0%	121.04	8242026	128.77	6012026	84
VONG	Vanguard Russell 1000 Growth ETF	-5.8%	124.66	8242026	132.35	6012026	84
IEMG	iShares Core MSCI Emerging Markets ETF	-6.4%	80.49	8242026	86.00	6222026	63
EEM	iShares MSCI Emerging Markets ETF	-7.2%	66.11	8242026	71.21	6222026	63
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	-9.0%	33.93	8242026	37.30	6222026	63
EWY	iShares MSCI South Korea ETF	-20.8%	173.64	8242026	219.20	6212026	64
EWZ	iShares MSCI Brazil ETF	-15.7%	35.17	8242026	41.73	4142026	132
FXI	iShares China Large-Cap ETF	-8.1%	35.55	8242026	38.68	2232026	182
ILF	iShares Latin America 40 ETF	-8.7%	34.77	8242026	38.10	4142026	132
KWEB	KraneShares CSI China Internet ETF	-18.7%	26.25	8242026	32.28	2232026	182
MTUM	iShares MSCI USA Momentum Factor ETF	-12.9%	300.59	8242026	345.22	6222026	63
SPMO	Invesco S&P 500 Momentum ETF	-9.6%	146.14	8242026	161.66	6222026	63
URA	Global X Uranium ETF	-21.6%	45.69	8242026	58.26	5062026	110
BOTZ	Global X Funds Global X Robotics & Artificial Intelligence ETF	-15.3%	35.25	8242026	41.63	5132026	103
ROBO	ROBO Global Robotics & Automation Index ETF	-11.5%	79.97	8242026	90.34	6022026	83
LIT	Global X Lithium & Battery Tech ETF	-15.9%	77.03	8242026	91.62	5112026	105
ICLN	iShares Global Clean Energy ETF	-26.6%	17.43	8242026	23.75	6022026	83
ARKQ	ARK Autonomous Technology & Robotics ETF	-15.3%	121.83	8242026	143.82	5282026	88
ARKX	ARK Space & Defense Innovation ETF	-14.0%	32.45	8242026	37.74	5282026	88
NASA	Tema Space Innovators ETF	-43.7%	23.60	8242026	41.89	5272026	89
XOVR	EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF	-6.0%	20.07	8242026	21.34	7062026	49
AGIX	KraneShares Artificial Intelligence ETF	-10.9%	44.00	8242026	49.40	6012026	84
VGT	Vanguard Information Technology ETF	-7.3%	116.42	8242026	125.62	6022026	83
XLK	State Street Technology Select Sector SPDR ETF	-9.2%	180.05	8242026	198.21	6022026	83
XLC	State Street Communication Services Select Sector SPDR ETF	-5.7%	112.32	8242026	119.10	4192026	127
XLU	State Street Utilities Select Sector SPDR ETF	-8.8%	43.22	8242026	47.40	3012026	176
SMH	VanEck Semiconductor ETF	-18.3%	546.80	8242026	668.91	6222026	63
SOXX	iShares Semiconductor ETF	-22.7%	506.18	8242026	655.01	6222026	63
ITA	iShares U.S. Aerospace & Defense ETF	-7.8%	233.40	8242026	253.22	8162026	8
MISL	First Trust Indxx Aerospace & Defense ETF	-12.0%	44.57	8242026	50.66	3022026	175
RING	iShares MSCI Global Gold Miners ETF	-8.2%	91.24	8242026	99.42	3012026	176
SOXQ	Invesco PHLX Semiconductor ETF	-21.9%	89.93	8242026	115.11	6222026	63
TLT	iShares 20+ Year Treasury Bond ETF	-7.4%	82.56	8242026	89.15	3012026	176
VGLT	Vanguard Long-Term Treasury ETF	-6.2%	53.05	8242026	56.53	3012026	176
SPTL	State Street SPDR Portfolio Long Term Treasury ETF	-6.5%	25.23	8242026	26.99	3012026	176
TLH	iShares 10-20 Year Treasury Bond ETF	-5.8%	97.14	8242026	103.08	3012026	176
EDV	Vanguard World Funds Extended Duration ETF	-10.7%	60.18	8242026	67.42	3012026	176
COMT	iShares GSCI Commodity Dynamic Roll Strategy ETF	-5.3%	34.59	8242026	36.53	5192026	97
GSG	iShares GSCI Commodity	-5.8%	30.01	8242026	31.85	3182026	159
GLD	SPDR Gold Trust	-12.9%	426.69	8242026	490.00	3022026	175
IAU	iShares Gold Trust	-12.9%	87.47	8242026	100.38	3022026	175
GLDM	SPDR Gold MiniShares Trust	-12.8%	92.02	8242026	105.54	3022026	175
SGOL	ETFS Physical Swiss Gold Shares	-12.1%	44.66	8242026	50.81	3022026	175
BAR	Direxion Daily Gold Bull 3X Shares	-15.6%	44.34	8242026	52.53	3022026	175
SLV	iShares Silver Trust	-26.8%	62.20	8242026	84.99	3012026	176
SIVR	ETFS Physical Silver Shares Trust ETF	-6.6%	83.39	8242026	89.26	3012026	176
PPLT	ETFS Physical Platinum Shares	-20.8%	17.00	8242026	21.47	3012026	176
CPER	United States Copper Index Fund ETV	-9.6%	33.33	8242026	36.88	3012026	176
PALL	ETFS Physical Palladium Shares	-24.3%	24.63	8242026	32.54	2242026	181
USO	United States Oil Fund LP	-13.6%	132.21	8242026	152.96	5192026	97
UNG	United States Natural Gas Fund LP	-22.2%	10.15	8242026	13.04	3122026	165
BNO	United States Brent Oil Fund LP ETV	-7.1%	55.85	8242026	60.13	5042026	112

ETF Fund Flows

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

Net fund flows · as of 2026-08-24

Asset allocation rotation · Past week

Equity ETFs drew the largest net inflows (+$5.8B), followed by Bond (+$4.3B), while Real Estate (−$142M) saw the largest outflows.
Within the mix, money rotated into Gold (+$3.6B) and out of Broad Sector (−$4.5B).
Relative to fund size, CNEQ drew the largest inflow (+21.9% of AUM) and SNXX the largest outflow (−10.8%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$12.62B	+1.2%
2	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$2.83B	+13.4%
3	GLD	SPDR Gold Shares	Commodity Gold	+$2.71B	+1.8%
4	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$2.62B	+0.5%
5	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$2.29B	+0.3%
6	VCIT	Vanguard Intermediate-Term Corporate Bond ETF	Bond Intermediate Corporate	+$1.63B	+2.4%
7	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$1.59B	+1.5%
8	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$1.55B	+3.7%
9	IBIT	iShares Bitcoin Trust ETF	Crypto	+$1.32B	+2.4%
10	IQMM	ProShares - GENIUS Money Market ETF	Other	+$927M	+5.0%

#	Ticker	Name	Type	Net flow	% of AUM
1	CNEQ	Alger Concentrated Equity ETF	Other	+$387M	+21.9%
2	BFLX	iShares Flexible Equity Active ETF	Other	+$416M	+20.3%
3	ZROZ	PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund	Other	+$288M	+17.9%
4	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$232M	+13.9%
5	USMC	Principal U.S. Mega-Cap ETF	Other	+$698M	+13.8%
6	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$2.83B	+13.4%
7	FLDR	Fidelity Low Duration Bond Factor ETF	Other	+$198M	+9.4%
8	PSC	Principal U.S. Small-Cap Multi-Factor ETF	Other	+$222M	+8.7%
9	ITB	iShares U.S. Home Construction ETF	Other	+$184M	+8.0%
10	CBOX		Other	+$117M	+8.0%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$8.69B	-1.0%
2	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	-$5.7B	-0.7%
3	XLF	State Street Financial Select Sector SPDR ETF	Equity Broad Sector	-$1.39B	-2.5%
4	HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Bond High Yield Corporate	-$1.38B	-8.2%
5	DIA	State Street SPDR Dow Jones Industrial Average ETF Trust	Equity US Large Concentrated	-$1.09B	-2.4%
6	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$1.04B	-3.1%
7	IWM	iShares Russell 2000 ETF	Equity US Small Cap Core	-$883M	-1.1%
8	EWY	iShares MSCI South Korea ETF	Equity Emerging Markets	-$713M	-2.6%
9	XLE	State Street Energy Select Sector SPDR ETF	Equity Broad Sector	-$696M	-1.7%
10	VGT	Vanguard Information Technology ETF	Equity Broad Sector	-$685M	-0.5%

#	Ticker	Name	Type	Net flow	% of AUM
1	SNXX	Tradr 2X Long SNDK Daily ETF	Other	-$233M	-10.8%
2	XNTK	State Street SPDR NYSE Technology ETF	Other	-$215M	-10.8%
3	KRE	State Street SPDR S&P Regional Banking ETF	Equity Industry Subsector	-$404M	-9.9%
4	CORP	PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund	Other	-$128M	-8.8%
5	HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Bond High Yield Corporate	-$1.38B	-8.2%
6	USO	United States Oil Fund, LP	Commodity Energy	-$161M	-7.8%
7	PCY	Invesco Emerging Markets Sovereign Debt ETF	Other	-$72M	-5.5%
8	TAN	Invesco Solar ETF	Other	-$64M	-4.9%
9	XHB	State Street SPDR S&P Homebuilders ETF	Other	-$50M	-3.7%
10	DBC	Invesco DB Commodity Index Tracking Fund	Commodity Broad Diversified	-$66M	-3.6%

Asset allocation rotation · Past month

Equity ETFs drew the largest net inflows (+$56.0B), followed by Bond (+$19.2B), while Real Estate (−$229M) saw the largest outflows.
Within the mix, money rotated into US Nasdaq Growth (+$20.0B) and out of Broad Sector (−$3.0B).
Relative to fund size, CNEQ drew the largest inflow (+94.0% of AUM) and FTXL the largest outflow (−63.0%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$22.22B	+2.1%
2	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$16.22B	+3.4%
3	GLD	SPDR Gold Shares	Commodity Gold	+$5.69B	+4.0%
4	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$5.51B	+5.4%
5	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$4.73B	+2.8%
6	TLT	iShares 20+ Year Treasury Bond ETF	Bond Long Treasury	+$4.58B	+10.2%
7	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$4.29B	+0.6%
8	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$3.79B	+3.7%
9	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$3.73B	+3.5%
10	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$3.34B	+18.1%

#	Ticker	Name	Type	Net flow	% of AUM
1	CNEQ	Alger Concentrated Equity ETF	Other	+$957M	+94.0%
2	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$792M	+54.4%
3	USMC	Principal U.S. Mega-Cap ETF	Other	+$1.41B	+38.3%
4	ZROZ	PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund	Other	+$378M	+28.6%
5	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$412M	+27.4%
6	BFLX	iShares Flexible Equity Active ETF	Other	+$455M	+27.1%
7	FLTW	Franklin FTSE Taiwan ETF	Other	+$685M	+21.0%
8	CBOX		Other	+$247M	+18.5%
9	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$3.34B	+18.1%
10	SCCR	Schwab Core Bond ETF	Other	+$256M	+16.6%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$14.58B	-1.6%
2	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	-$6.18B	-0.8%
3	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.11B	-9.5%
4	XLF	State Street Financial Select Sector SPDR ETF	Equity Broad Sector	-$1.53B	-2.6%
5	XLE	State Street Energy Select Sector SPDR ETF	Equity Broad Sector	-$1.02B	-2.6%
6	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	-$946M	-2.2%
7	DIA	State Street SPDR Dow Jones Industrial Average ETF Trust	Equity US Large Concentrated	-$946M	-2.0%
8	EWZ	iShares MSCI Brazil ETF	Equity Emerging Markets	-$891M	-10.1%
9	FTXL	First Trust Nasdaq Semiconductor ETF	Other	-$835M	-63.0%
10	VUG	Vanguard Morningstar Growth ETF	Equity US Large Growth	-$830M	-0.4%

#	Ticker	Name	Type	Net flow	% of AUM
1	FTXL	First Trust Nasdaq Semiconductor ETF	Other	-$835M	-63.0%
2	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	-$230M	-22.6%
3	XHB	State Street SPDR S&P Homebuilders ETF	Other	-$307M	-20.8%
4	FV	First Trust Dorsey Wright Focus 5 ETF	Other	-$754M	-20.0%
5	USO	United States Oil Fund, LP	Commodity Energy	-$305M	-15.0%
6	TAN	Invesco Solar ETF	Other	-$196M	-14.7%
7	BAB	Invesco Taxable Municipal Bond ETF	Other	-$131M	-13.0%
8	RING	iShares MSCI Global Gold Miners ETF	Equity Industry Subsector	-$293M	-13.0%
9	OIH	VanEck Oil Services ETF	Other	-$195M	-10.1%
10	EWZ	iShares MSCI Brazil ETF	Equity Emerging Markets	-$891M	-10.1%

Asset allocation rotation · Past 3 months

Equity ETFs drew the largest net inflows (+$181.2B), followed by Bond (+$66.5B), while Crypto (−$3.4B) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$59.5B) and out of US Large Concentrated (−$1.9B).
Relative to fund size, ACYN drew the largest inflow (+104.8% of AUM) and VLUE the largest outflow (−47.0%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	+$29.82B	+3.4%
2	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$21.61B	+13.6%
3	DRAM	Roundhill Memory ETF	Other	+$17.88B	+75.4%
4	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$17.45B	+3.6%
5	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	+$16.91B	+2.2%
6	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$14.4B	+2.2%
7	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$13.99B	+14.3%
8	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$11.55B	+11.7%
9	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$9.76B	+9.9%
10	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$8.47B	+19.4%

#	Ticker	Name	Type	Net flow	% of AUM
1	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$1.16B	+104.8%
2	DRAM	Roundhill Memory ETF	Other	+$17.88B	+75.4%
3	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$792M	+66.4% ⚠
4	FLKR	Franklin FTSE South Korea ETF	Other	+$725M	+56.4%
5	CORO	iShares International Country Rotation Active ETF	Equity International Broad	+$4.26B	+55.3%
6	ARKQ	ARK Autonomous Technology & Robotics ETF	Equity Thematic	+$1.13B	+55.1% ⚠
7	NASA	Tema Space Innovators ETF	Equity Thematic	+$723M	+55.0%
8	IALT	iShares Systematic Alternatives Active ETF	Equity Asset Allocation	+$2.53B	+50.5% ⚠
9	CBOX		Other	+$564M	+48.8%
10	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$7.94B	+46.5%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	-$8.88B	-0.9%
2	QUAL	iShares MSCI USA Quality Factor ETF	Equity Factor Smart Beta	-$6.05B	-13.1%
3	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.62B	-47.0%
4	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.31B	-9.1%
5	IQMM	ProShares - GENIUS Money Market ETF	Other	-$3.12B	-15.3%
6	XLE	State Street Energy Select Sector SPDR ETF	Equity Broad Sector	-$2.61B	-6.8%
7	IAU	iShares Gold Trust	Commodity Gold	-$2.39B	-3.8%
8	IBIT	iShares Bitcoin Trust ETF	Crypto	-$2.32B	-4.9%
9	IVE	iShares S&P 500 Value ETF	Equity US Large Value	-$2.29B	-4.7%
10	THRO	iShares U.S. Thematic Rotation Active ETF	Equity Thematic	-$2.25B	-34.6%

#	Ticker	Name	Type	Net flow	% of AUM
1	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.62B	-47.0%
2	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	-$508M	-42.5%
3	FTXL	First Trust Nasdaq Semiconductor ETF	Other	-$930M	-39.6%
4	THRO	iShares U.S. Thematic Rotation Active ETF	Equity Thematic	-$2.25B	-34.6%
5	FXI	iShares China Large-Cap ETF	Equity Emerging Markets	-$1.4B	-32.0%
6	KWEB	KraneShares CSI China Internet ETF	Equity Emerging Markets	-$1.31B	-24.2%
7	RING	iShares MSCI Global Gold Miners ETF	Equity Industry Subsector	-$517M	-22.6%
8	AKRE	Akre Focus ETF	Equity US Large Growth	-$1.2B	-22.4%
9	ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	Equity Emerging Markets	-$354M	-22.2%
10	EWZ	iShares MSCI Brazil ETF	Equity Emerging Markets	-$2.01B	-22.1%

Largest ETF fund flows across ~2623 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: 49
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

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
GENB	Generate Biomedicines	1.1	9.9%	40.1%
WBTN	Webtoon Entertainment	1.3	9.0%	-26.4%
ABTC	American Bitcoin	8.8	9.0%	-66.1%
EZPW	EZCORP	2.2	8.8%	80.5%
ASST	Strive	1.2	8.3%	33.7%
AKTS	Aktis Oncology	1.3	7.9%	∞%
ZURA	Zura Bio	0.7	7.7%	20.2%
SABR	Sabre	0.9	7.6%	66.2%
LIFE	Ethos Technologies	1.8	7.5%	4353.1%
ETSY	Etsy	8.4	7.4%	57.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
RGNX	Regenxbio	0.4	-24.9%	-44.1%
AAOI	Applied Optoelectronics	8.2	-13.8%	208.7%
FISN	Deep Fission	0.5	-13.6%	-35.3%
AZTA	Azenta	1.5	-12.1%	-1.1%
INOD	Innodata	1.9	-11.0%	12.1%
UMAC	Unusual Machines	1.1	-10.4%	92.9%
NN	NextNav	2.1	-10.0%	-5.1%
AEVA	Aeva Technologies	1.0	-10.0%	23.9%
BALY	Ballys	0.6	-9.5%	-43.9%
EOSE	Eos Energy Enterprises	1.2	-9.2%	-69.8%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
MRNA	Moderna	54.9	115.5%	371.0%
AMLX	Amylyx Pharmaceuticals	4.2	78.0%	215.8%
EMAT	Evolution Metals & Technologies	2.6	50.9%	-80.2%
ASST	Strive	1.2	49.5%	33.7%
PURR	Hyperliquid Strategies	1.3	48.8%	198.9%
MRVI	Maravai LifeSciences	1.2	48.4%	159.4%
WEAV	Weave Communications	0.6	31.8%	-4.0%
BMNR	BitMine Immersion Technologies	13.3	28.9%	-11.1%
TEM	Tempus AI	11.8	28.1%	12.1%
XXI	Twenty One Capital	4.1	27.5%	-28.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
AEHR	Aehr Test Systems	3.0	-33.8%	377.6%
AXTI	AXT	3.5	-31.9%	300.0%
AEVA	Aeva Technologies	1.0	-30.7%	23.9%
AAOI	Applied Optoelectronics	8.2	-30.5%	208.7%
FN	Fabrinet	15.1	-29.6%	-7.5%
WOLF	Wolfspeed	1.0	-29.2%	42.2%
RGNX	Regenxbio	0.4	-28.9%	-44.1%
AMRC	Ameresco	1.1	-26.4%	-28.4%
FEIM	Frequency Electronics	0.6	-26.0%	8.4%
MXL	MaxLinear	5.7	-25.9%	260.2%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
MRNA	Moderna	54.9	156.9%	371.0%
HTFL	HeartFlow	4.3	108.1%	72.2%
AMLX	Amylyx Pharmaceuticals	4.2	107.2%	215.8%
ABCL	AbCellera Biologics	3.2	99.8%	210.2%
LIFE	Ethos Technologies	1.8	98.5%	4353.1%
OMER	Omeros	1.4	97.3%	12.5%
TEAM	Atlassian	44.7	97.2%	5.7%
NIQ	NIQ Global Intelligence	5.7	78.4%	16.3%
PURR	Hyperliquid Strategies	1.3	71.9%	198.9%
ASST	Strive	1.2	71.7%	33.7%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
SION	Sionna Therapeutics	0.3	-87.8%	-86.4%
TENX	Tenax Therapeutics	0.1	-87.3%	-84.8%
MPLT	MapLight Therapeutics	0.5	-68.9%	-35.3%
EYPT	EyePoint	0.4	-60.0%	-73.3%
TDUP	ThredUp	0.4	-50.7%	-56.0%
AHCO	AdaptHealth	0.8	-47.7%	-43.5%
KLC	KinderCare Learning Companies	0.3	-47.1%	-39.6%
REZI	Resideo Technologies	2.9	-44.2%	-45.1%
LMB	Limbach	0.5	-42.7%	-46.4%
UTI	Universal Technical Institute	1.2	-41.7%	-15.7%

Peer Comparisons

Peers to compare with:

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)	0.8	66.8	41.8	10.7	11.4	14.3	12.8
Expense Ratio	0.60%	0.35%	0.33%	0.44%	0.35%	0.37%	0.36%
10-D Avg Volume (Mil)	0.42	10.75	9.44	1.55	8.72	0.78	5.13
Latest Day Volume (Mil)	0.05	8.64	8.26	2.39	14.05	-	8.26
Holdings Count	49	26	30	247	155	49	49
Inception Date	10/25/2022	12/20/2011	7/10/2001	2/5/2001	1/31/2006	5/1/2006	-

Fundamentals

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
Net Asset Value	47.78	560.29	520	213.62	163.31	237.31	520.00
Premium/Discount	-6.7%	-2.4%	-2.7%	-0.5%	0.5%	-1.6%	-2.0%
Distribution Yield	0.4%	0.2%	0.3%	0.2%	0.3%	0.0%	0.2%
Sales Yield	30.0%	7.6%	8.0%	11.8%	8.4%	30.4%	10.1%
Earnings Yield	2.4%	2.4%	2.2%	1.8%	1.1%	2.7%	2.3%

Valuation

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
P/S (TTM)	3.3x	13.2x	12.5x	8.5x	12.0x	3.3x	10.2x
P/E (TTM)	42.0x	41.4x	45.6x	55.9x	87.9x	37.6x	43.8x
P/FCF (TTM)	61.2x	47.6x	52.2x	-	-	39.7x	49.9x
Forward P/E	33.6x	-	-	-	65.0x	31.2x	33.6x
Forward P/S	2.9x	-	-	-	8.1x	3.0x	3.0x

Risk

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
Volatility (1Y)	25.5%	39.1%	45.2%	21.7%	27.8%	23.1%	26.7%
Volatility (3Y)	20.8%	36.8%	39.4%	20.9%	27.8%	20.1%	24.3%
Volatility (5Y)	19.9%	36.6%	38.4%	22.3%	32.4%	20.3%	27.3%
Beta (1Y)	1.19	2.36	2.58	0.78	1.05	1.03	1.12
Beta (3Y)	0.86	1.97	2.05	0.82	1.03	0.85	0.95
Beta (5Y)	0.81	1.76	1.81	0.86	1.16	0.81	1.01
Sharpe Ratio (1Y)	0.72	1.85	1.87	2.09	2.32	0.91	1.86
Sharpe Ratio (3Y)	1.20	1.39	1.19	0.96	1.05	1.33	1.20
Sharpe Ratio (5Y)	1.14	0.98	0.84	0.34	0.35	0.90	0.87
Max Drawdown (1Y)	-17.1%	-24.6%	-29.0%	-9.6%	-10.5%	-15.8%	-16.5%
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%	-39.7%	-54.0%	-18.7%	-42.5%

Returns

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
1M Return	2.5%	-2.6%	-4.0%	13.0%	9.1%	-2.8%	-0.0%
3M Return	-4.3%	-5.1%	-5.8%	25.9%	24.7%	3.6%	-0.4%
6M Return	-9.4%	32.4%	41.9%	21.5%	29.3%	-3.2%	25.4%
YTD Return	4.2%	51.8%	68.2%	26.0%	34.6%	8.8%	30.3%
1Y Return	16.5%	90.8%	109.7%	53.5%	83.2%	20.2%	68.4%
2Y Return	45.6%	119.2%	117.8%	44.5%	63.4%	63.4%	63.4%
3Y Return	98.8%	280.9%	223.9%	70.7%	114.5%	109.5%	112.0%

Short Interest

Short Interest: As Of Date	7312026
Short Interest: Shares Quantity	0.0 Mil
Short Interest: % Change Since 7152026	-37.7%
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 (8/25/2026): $44.45

First Trust Indxx Aerospace & Defense ETF (MISL)

Market Price (8/25/2026): $44.45

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