First Trust Indxx Aerospace & Defense ETF (MISL)

Market Price (8/13/2026): $47.18

First Trust Indxx Aerospace & Defense ETF (MISL)

Market Price (8/13/2026): $47.18

Key Takeaways

MISL has returned +12.1% YTD vs +13.6% for SPY; +23.3% over the past 12 months (SPY +21.2%). details →
Priced in gold, MISL has returned -10.2% over the past 3 years, vs +107.9% in dollars — its dollar gains have lagged gold. details →
Over the past month, MISL has seen net outflows of −$20M (−2.6% of assets). details →
MISL's portfolio trades at 36.2x forward earnings — a 354% premium to SPY (8.0x). details →
83% of MISL's portfolio (by weight) is currently profitable, vs 98% for SPY. details →

Last updated: 8/12/2026.

Price Chart

ETF Price
Price/Gold

Asset Allocation with MISL

Risk Tolerance:

ConservativeModerateAggressive

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

10Y Return (ann.)

+8.2%

Volatility

8.1%

Sharpe

0.68

YTD

+8.2%

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%	1.0%	4.5%	9.8%	12.1%
Bond	BND	50.0%	0.1%	-0.2%	-0.2%	-0.1%
Gold	GLD	10.0%	1.0%	3.9%	8.8%	2.2%
Commodity	DBC	2.5%	0.5%	5.7%	5.2%	34.7%
Real Estate	VNQ	5.0%	1.0%	-1.6%	-0.3%	12.1%
Bitcoin	BTCUSD	0.0%	0.3%	-1.3%	-1.9%	-27.2%
Cash	GOVT	7.5%	0.0%	-0.3%	-0.5%	-0.7%
Conservative Portfolio		100.0%	0.5%	1.4%	3.3%	4.6%

	ETF	%	1D	1W	1M	YTD
Equity	MISL	55.0%	1.0%	4.5%	9.8%	12.1%
Bond	BND	25.0%	0.1%	-0.2%	-0.2%	-0.1%
Gold	GLD	7.0%	1.0%	3.9%	8.8%	2.2%
Commodity	DBC	4.0%	0.5%	5.7%	5.2%	34.7%
Real Estate	VNQ	5.0%	1.0%	-1.6%	-0.3%	12.1%
Bitcoin	BTCUSD	2.0%	0.3%	-1.3%	-1.9%	-27.2%
Cash	GOVT	2.0%	0.0%	-0.3%	-0.5%	-0.7%
Moderate Portfolio		100.0%	0.7%	2.8%	6.1%	8.2%

	ETF	%	1D	1W	1M	YTD
Equity	MISL	80.0%	1.0%	4.5%	9.8%	12.1%
Bond	BND	5.0%	0.1%	-0.2%	-0.2%	-0.1%
Gold	GLD	3.0%	1.0%	3.9%	8.8%	2.2%
Commodity	DBC	2.2%	0.5%	5.7%	5.2%	34.7%
Real Estate	VNQ	4.5%	1.0%	-1.6%	-0.3%	12.1%
Bitcoin	BTCUSD	5.2%	0.3%	-1.3%	-1.9%	-27.2%
Cash	GOVT	0.0%	0.0%	-0.3%	-0.5%	-0.7%
Aggressive Portfolio		100.0%	0.9%	3.7%	8.1%	9.7%

	ETF	%	Return	Volatility	Sharpe
Equity	MISL	25.0%	0.0%	11.6%	0.53
Bond	BND	50.0%	1.4%	5.2%	-0.24
Gold	GLD	10.0%	12.0%	15.5%	0.60
Commodity	DBC	2.5%	8.0%	17.2%	0.38
Real Estate	VNQ	5.0%	4.7%	17.6%	0.18
Bitcoin	BTCUSD	0.0%	60.9%	76.0%	0.94
Cash	GOVT	7.5%	0.4%	4.9%	-0.47
Conservative Portfolio		100.0%	4.7%	6.0%	0.33

	ETF	%	Return	Volatility	Sharpe
Equity	MISL	55.0%	0.0%	11.6%	0.53
Bond	BND	25.0%	1.4%	5.2%	-0.24
Gold	GLD	7.0%	12.0%	15.5%	0.60
Commodity	DBC	4.0%	8.0%	17.2%	0.38
Real Estate	VNQ	5.0%	4.7%	17.6%	0.18
Bitcoin	BTCUSD	2.0%	60.9%	76.0%	0.94
Cash	GOVT	2.0%	0.4%	4.9%	-0.47
Moderate Portfolio		100.0%	8.2%	8.1%	0.68

	ETF	%	Return	Volatility	Sharpe
Equity	MISL	80.0%	0.0%	11.6%	0.53
Bond	BND	5.0%	1.4%	5.2%	-0.24
Gold	GLD	3.0%	12.0%	15.5%	0.60
Commodity	DBC	2.2%	8.0%	17.2%	0.38
Real Estate	VNQ	4.5%	4.7%	17.6%	0.18
Bitcoin	BTCUSD	5.2%	60.9%	76.0%	0.94
Cash	GOVT	0.0%	0.4%	4.9%	-0.47
Aggressive Portfolio		100.0%	11.9%	10.9%	0.84

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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Tailored Asset Allocation
[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: 41.6% | Top 10: 61.7% | Top 20: 87.1%

Ticker	Holding	ETF Weight	Sales Weight	Earnings Weight	Fwd P/S	Fwd P/E	Fwd Sales Growth	Fwd Earnings Growth
Total		98.46%	100.00%	100.00%	3.2	36.2	+10.3%	+14.6%
Top 20		87.11%	81.62%	88.65%	3.4	37.2	+10.8%	+14.1%
PLTR	Palantir Technologies	10.36%	0.56%	3.44%	38.0	93.9	+49.3%	+40.0%
RTX	RTX	8.58%	9.58%	9.97%	3.0	29.0	+7.4%	+8.7%
BA	Boeing	7.85%	14.51%	4.73%	1.7	96.3	+14.8%	—
GE	GE Aerospace	7.65%	3.67%	8.17%	7.0	42.1	+11.1%	+12.8%
SPCX	Space Exploration Technologies	7.16%	0.62%	—	13.5	641.4	+84.7%	—
LMT	Lockheed Martin	4.32%	8.56%	8.79%	1.7	19.0	+5.7%	+7.1%
NOC	Northrop Grumman	4.01%	7.54%	9.94%	1.8	19.4	+6.9%	+4.0%
GD	General Dynamics	3.96%	7.33%	7.54%	1.8	21.6	+4.8%	+8.9%
HWM	Howmet Aerospace	3.93%	1.14%	2.95%	10.6	48.9	+13.2%	+19.1%
HEI	Heico	3.89%	1.32%	2.67%	9.1	54.1	+10.2%	+13.2%
LHX	L3Harris Technologies	3.73%	5.69%	5.80%	2.2	22.1	+7.6%	+15.0%
RKLB	Rocket Lab	3.70%	0.20%	—	43.2	—	+43.3%	—
TDG	TransDigm	3.55%	1.80%	4.82%	6.2	26.0	+10.1%	+17.3%
ASTS	AST SpaceMobile	2.69%	0.05%	—	43.7	—	+330.7%	—
CW	Curtiss-Wright	2.59%	1.27%	2.37%	6.7	43.7	+8.1%	+9.8%
FTAI	FTAI Aviation	2.23%	1.07%	2.15%	4.5	23.0	+59.6%	+101.8%
WWD	Woodward	2.14%	1.50%	2.48%	4.6	33.3	+8.9%	+13.4%
LDOS	Leidos	1.77%	6.33%	6.21%	0.9	10.5	+4.6%	+5.3%
TXT	Textron	1.57%	5.58%	4.30%	1.0	12.4	+3.8%	+12.4%
CACI	CACI International	1.44%	3.31%	2.33%	1.4	21.4	+6.3%	+13.9%

[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 8/12	1D Rtn	1M Rtn	YTD Rtn	1Y Rtn	3Y Rtn	5Y Rtn	10Y Rtn
MISL	First Trust Indxx Aerospace & Defense ETF	100.00%	47.98	1.0%	9.9%	12.1%	23.3%	107.9%
PLTR	Palantir Technologies	10.36%	171.04	-2.2%	31.5%	-3.8%	-8.5%	1,009.9%	586.9%
RTX	RTX	8.58%	222.76	-0.5%	13.4%	22.4%	45.5%	173.3%	185.0%	339.9%
BA	Boeing	7.85%	231.20	-0.9%	7.3%	6.5%	-0.6%	-1.9%	-1.4%	88.8%
GE	GE Aerospace	7.65%	365.33	-0.7%	3.4%	18.9%	31.3%	306.0%	467.3%	170.0%
SPCX	Space Exploration Technologies	7.16%	146.15	9.6%	5.0%
LMT	Lockheed Martin	4.32%	606.72	1.5%	16.5%	26.9%	44.4%	44.8%	93.9%	199.2%
NOC	Northrop Grumman	4.01%	577.32	0.3%	6.6%	2.0%	1.0%	40.8%	72.4%	210.6%
GD	General Dynamics	3.96%	394.21	0.6%	5.7%	18.6%	27.8%	84.3%	120.7%	223.2%
HWM	Howmet Aerospace	3.93%	281.63	0.1%	3.9%	37.6%	56.0%	474.4%	789.6%	1,162.8%
HEI	Heico	3.89%	373.10	1.7%	8.4%	15.4%	18.1%	119.2%	186.2%	931.9%
LHX	L3Harris Technologies	3.73%	290.74	1.7%	0.7%	-0.2%	9.3%	64.1%	39.7%	290.5%
RKLB	Rocket Lab	3.70%	81.17	1.4%	5.8%	16.4%	86.9%	1,184.3%	664.3%
TDG	TransDigm	3.55%	1,235.48	-0.5%	0.0%	-7.1%	-6.4%	65.5%	145.3%	598.3%
ASTS	AST SpaceMobile	2.69%	74.31	3.7%	10.0%	2.3%	49.3%	1,648.5%	678.9%
CW	Curtiss-Wright	2.59%	723.71	2.5%	-2.2%	31.4%	44.5%	252.0%	509.3%	748.3%
FTAI	FTAI Aviation	2.23%	226.66	0.7%	8.2%	15.8%	60.2%	572.6%	1,048.2%	3,845.9%
WWD	Woodward	2.14%	362.70	1.7%	-8.6%	20.2%	44.3%	189.2%	220.5%	551.0%
LDOS	Leidos	1.77%	140.38	-0.4%	31.7%	-21.7%	-20.3%	48.7%	56.6%	347.9%
TXT	Textron	1.57%	88.89	0.8%	-0.6%	2.0%	13.3%	13.9%	21.0%	129.8%
CACI	CACI International	1.44%	680.08	1.9%	42.3%	27.6%	42.5%	97.8%	169.9%	624.4%

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%	11%	135%
Peers Return	15%	-20%	33%	13%	40%	40%	176%
S&P 500 Return	27%	-19%	24%	23%	16%	13%	106%
Monthly Win Rates [3]
MISL Win Rate	-	100%	58%	58%	83%	50%
Peers Win Rate	58%	45%	62%	58%	67%	72%
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 8/12/2026 (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 4 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
366 days is the median time to peak return after a dip event
-5.8% 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%	-6%	366
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 8/12/2026

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
287 days is the median time to peak return after a dip event
-5.1% 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%	-5%	287
7102026	-12%	10%			-5%	33
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 8/12/2026

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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
IEMG	iShares Core MSCI Emerging Markets ETF	-5.8%	81.02	8122026	86.00	6222026	51
EEM	iShares MSCI Emerging Markets ETF	-6.7%	66.46	8122026	71.21	6222026	51
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	-6.1%	35.03	8122026	37.30	6222026	51
EWY	iShares MSCI South Korea ETF	-19.8%	175.87	8122026	219.20	6212026	52
EWZ	iShares MSCI Brazil ETF	-18.9%	33.86	8122026	41.73	4142026	120
FXI	iShares China Large-Cap ETF	-10.7%	35.23	8122026	39.47	2112026	182
ILF	iShares Latin America 40 ETF	-11.9%	33.55	8122026	38.10	4142026	120
KWEB	KraneShares CSI China Internet ETF	-19.2%	27.54	8122026	34.10	2112026	182
MTUM	iShares MSCI USA Momentum Factor ETF	-8.8%	314.73	8122026	345.22	6222026	51
SPMO	Invesco S&P 500 Momentum ETF	-6.5%	151.21	8122026	161.66	6222026	51
URA	Global X Uranium ETF	-22.4%	45.20	8122026	58.26	5062026	98
BOTZ	Global X Funds Global X Robotics & Artificial Intelligence ETF	-9.2%	37.81	8122026	41.63	5132026	91
ROBO	ROBO Global Robotics & Automation Index ETF	-6.2%	84.76	8122026	90.34	6022026	71
LIT	Global X Lithium & Battery Tech ETF	-17.9%	75.21	8122026	91.62	5112026	93
ICLN	iShares Global Clean Energy ETF	-22.5%	18.41	8122026	23.75	6022026	71
ARKQ	ARK Autonomous Technology & Robotics ETF	-10.4%	128.93	8122026	143.82	5282026	76
ARKX	ARK Space & Defense Innovation ETF	-8.1%	34.69	8122026	37.74	5282026	76
NASA	Tema Space Innovators ETF	-36.1%	26.76	8122026	41.89	5272026	77
AGIX	KraneShares Artificial Intelligence ETF	-6.4%	46.26	8122026	49.40	6012026	72
XLC	State Street Communication Services Select Sector SPDR ETF	-7.4%	110.27	8122026	119.10	4192026	115
XLU	State Street Utilities Select Sector SPDR ETF	-7.5%	43.84	8122026	47.40	3012026	164
SMH	VanEck Semiconductor ETF	-12.6%	584.83	8122026	668.91	6222026	51
SOXX	iShares Semiconductor ETF	-16.5%	546.61	8122026	655.01	6222026	51
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	-5.1%	178.58	8122026	188.18	3292026	136
MISL	First Trust Indxx Aerospace & Defense ETF	-5.3%	47.98	8122026	50.66	3022026	163
RING	iShares MSCI Global Gold Miners ETF	-20.4%	79.09	8122026	99.42	3012026	164
SOXQ	Invesco PHLX Semiconductor ETF	-15.2%	97.56	8122026	115.11	6222026	51
TLT	iShares 20+ Year Treasury Bond ETF	-7.9%	82.11	8122026	89.15	3012026	164
VGLT	Vanguard Long-Term Treasury ETF	-6.7%	52.74	8122026	56.53	3012026	164
SPTL	State Street SPDR Portfolio Long Term Treasury ETF	-7.1%	25.09	8122026	26.99	3012026	164
TLH	iShares 10-20 Year Treasury Bond ETF	-6.3%	96.57	8122026	103.08	3012026	164
EDV	Vanguard World Funds Extended Duration ETF	-11.7%	59.55	8122026	67.42	3012026	164
SPLB	State Street SPDR Portfolio Long Term Corporate Bond ETF	-5.2%	21.38	8122026	22.55	2192026	174
COMT	iShares GSCI Commodity Dynamic Roll Strategy ETF	-7.7%	33.73	8122026	36.53	5192026	85
GSG	iShares GSCI Commodity	-5.8%	30.01	8122026	31.85	3182026	147
GLD	SPDR Gold Trust	-17.4%	404.92	8122026	490.00	3022026	163
IAU	iShares Gold Trust	-17.3%	82.98	8122026	100.38	3022026	163
GLDM	SPDR Gold MiniShares Trust	-17.3%	87.33	8122026	105.54	3022026	163
SGOL	ETFS Physical Swiss Gold Shares	-12.1%	44.66	8122026	50.81	3022026	163
BAR	Direxion Daily Gold Bull 3X Shares	-15.6%	44.34	8122026	52.53	3022026	163
SLV	iShares Silver Trust	-30.5%	59.06	8122026	84.99	3012026	164
SIVR	ETFS Physical Silver Shares Trust ETF	-6.6%	83.39	8122026	89.26	3012026	164
PPLT	ETFS Physical Platinum Shares	-25.8%	15.94	8122026	21.47	3012026	164
CPER	United States Copper Index Fund ETV	-9.6%	33.33	8122026	36.88	3012026	164
PALL	ETFS Physical Palladium Shares	-23.6%	24.85	8122026	32.54	2242026	169
USO	United States Oil Fund LP	-16.8%	127.30	8122026	152.96	5192026	85
UNG	United States Natural Gas Fund LP	-21.8%	10.20	8122026	13.04	3122026	153
BNO	United States Brent Oil Fund LP ETV	-7.1%	55.85	8122026	60.13	5042026	100
IBIT	iShares Bitcoin Trust ETF	-22.8%	35.89	8122026	46.47	5112026	93
FBTC	Fidelity Wise Origin Bitcoin Fund	-22.8%	55.11	8122026	71.35	5112026	93
ETHA	iShares Ethereum Trust ETF	-23.0%	14.16	8122026	18.38	4192026	115

ETF Fund Flows

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

Net fund flows · as of 2026-08-12

Asset allocation rotation · Past week

Equity ETFs drew the largest net inflows (+$15.4B), followed by Bond (+$5.4B), while Real Estate (−$9M) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$10.0B) and out of US Total Market (−$4.2B).
Relative to fund size, USMC drew the largest inflow (+19.1% of AUM) and IEF the largest outflow (−9.4%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	+$6.38B	+0.8%
2	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$6.18B	+1.3%
3	TLT	iShares 20+ Year Treasury Bond ETF	Bond Long Treasury	+$4.97B	+11.1%
4	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$4.63B	+0.4%
5	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$2.0B	+1.2%
6	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$1.69B	+1.7%
7	GLD	SPDR Gold Shares	Commodity Gold	+$1.67B	+1.2%
8	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$1.44B	+1.4%
9	EFV	iShares MSCI EAFE Value ETF	Equity International Developed Broad	+$1.14B	+3.7%
10	DYNF	iShares U.S. Equity Factor Rotation Active ETF	Equity Factor Smart Beta	+$974M	+2.4%

#	Ticker	Name	Type	Net flow	% of AUM
1	USMC	Principal U.S. Mega-Cap ETF	Other	+$706M	+19.1%
2	USO	United States Oil Fund, LP	Commodity Energy	+$361M	+17.3%
3	SCCR	Schwab Core Bond ETF	Other	+$208M	+13.5%
4	TLT	iShares 20+ Year Treasury Bond ETF	Bond Long Treasury	+$4.97B	+11.1%
5	CGCB	Capital Group Core Bond ETF	Other	+$624M	+10.8%
6	FLTW	Franklin FTSE Taiwan ETF	Other	+$335M	+10.3%
7	MAGS	Roundhill Magnificent Seven ETF	Equity US Large Concentrated	+$379M	+8.8%
8	EWL	iShares MSCI Switzerland ETF	Other	+$153M	+6.5%
9	TAGG	T. Rowe Price QM U.S. Bond ETF	Other	+$152M	+6.3%
10	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$94M	+6.3%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	-$4.17B	-0.6%
2	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.04B	-9.4%
3	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	-$2.79B	-6.4%
4	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$2.79B	-0.3%
5	DIA	State Street SPDR Dow Jones Industrial Average ETF Trust	Equity US Large Concentrated	-$1.43B	-3.0%
6	XLF	State Street Financial Select Sector SPDR ETF	Equity Broad Sector	-$827M	-1.4%
7	GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	Other	-$610M	-4.0%
8	JNK	State Street SPDR Bloomberg High Yield Bond ETF	Bond High Yield Corporate	-$574M	-8.5%
9	IGV	iShares Expanded Tech-Software Sector ETF	Equity Industry Subsector	-$485M	-3.4%
10	VUG	Vanguard Morningstar Growth ETF	Equity US Large Growth	-$466M	-0.2%

#	Ticker	Name	Type	Net flow	% of AUM
1	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.04B	-9.4%
2	JNK	State Street SPDR Bloomberg High Yield Bond ETF	Bond High Yield Corporate	-$574M	-8.5%
3	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	-$2.79B	-6.4%
4	XHB	State Street SPDR S&P Homebuilders ETF	Other	-$94M	-6.1%
5	CLIP	Global X - 1-3 Month T-Bill ETF	Cash	-$135M	-5.6%
6	DBMF	iMGP DBi Managed Futures Strategy ETF	Other	-$222M	-5.5%
7	HODL	VanEck Bitcoin ETF	Other	-$54M	-5.3%
8	EWU	iShares MSCI United Kingdom ETF	Other	-$209M	-5.2%
9	GUNR	FlexShares Morningstar Global Upstream Natural Resources Index Fund	Other	-$285M	-4.1%
10	EWZ	iShares MSCI Brazil ETF	Equity Emerging Markets	-$358M	-4.0%

Asset allocation rotation · Past month

Equity ETFs drew the largest net inflows (+$63.7B), followed by Bond (+$17.4B), with every major asset class in net inflows.
Within the mix, money rotated into US Large Cap Core (+$19.5B) and out of Thematic (−$3.4B).
Relative to fund size, BFLX drew the largest inflow (+55.5% of AUM) and FTXL the largest outflow (−65.5%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$13.55B	+1.4%
2	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	+$13.29B	+1.7%
3	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$10.62B	+2.3%
4	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$6.71B	+4.2%
5	EWY	iShares MSCI South Korea ETF	Equity Emerging Markets	+$6.01B	+25.4%
6	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$4.75B	+4.8%
7	TLT	iShares 20+ Year Treasury Bond ETF	Bond Long Treasury	+$4.42B	+10.4%
8	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$3.98B	+0.6%
9	DRAM	Roundhill Memory ETF	Other	+$3.9B	+16.3%
10	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$3.81B	+3.8%

#	Ticker	Name	Type	Net flow	% of AUM
1	BFLX	iShares Flexible Equity Active ETF	Other	+$888M	+55.5%
2	DFAL		Other	+$538M	+34.8%
3	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$427M	+32.7%
4	EWY	iShares MSCI South Korea ETF	Equity Emerging Markets	+$6.01B	+25.4%
5	FLKR	Franklin FTSE South Korea ETF	Other	+$276M	+20.7%
6	USMC	Principal U.S. Mega-Cap ETF	Other	+$734M	+20.6%
7	SOXQ	Invesco PHLX Semiconductor ETF	Equity Industry Subsector	+$500M	+19.6%
8	EWI	iShares MSCI Italy ETF	Other	+$175M	+17.2%
9	SCCR	Schwab Core Bond ETF	Other	+$251M	+16.6%
10	DRAM	Roundhill Memory ETF	Other	+$3.9B	+16.3%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$13.99B	-1.6%
2	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$3.61B	-7.7%
3	IWM	iShares Russell 2000 ETF	Equity US Small Cap Core	-$2.79B	-3.4%
4	ARKK	ARK Innovation ETF	Equity Thematic	-$2.36B	-39.6%
5	IQMM	ProShares - GENIUS Money Market ETF	Other	-$2.32B	-13.0%
6	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$1.84B	-5.5%
7	IGV	iShares Expanded Tech-Software Sector ETF	Equity Industry Subsector	-$1.15B	-8.3%
8	IWF	iShares Russell 1000 Growth ETF	Equity US Large Growth	-$1.11B	-0.9%
9	VO	Vanguard Morningstar Mid-Cap ETF	Equity US Mid Cap Core	-$1.02B	-1.0%
10	IWR	iShares Russell Mid-Cap ETF	Equity US Mid Cap Core	-$939M	-1.7%

#	Ticker	Name	Type	Net flow	% of AUM
1	FTXL	First Trust Nasdaq Semiconductor ETF	Other	-$898M	-65.5%
2	ARKK	ARK Innovation ETF	Equity Thematic	-$2.36B	-39.6%
3	ARKW	ARK Next Generation Internet ETF	Equity Thematic	-$472M	-27.7%
4	XHB	State Street SPDR S&P Homebuilders ETF	Other	-$381M	-23.9%
5	KLMN		Other	-$516M	-22.8%
6	LCTU	iShares U.S. Carbon Transition Readiness Aware Active ETF	Other	-$278M	-22.8%
7	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	-$238M	-21.1%
8	RING	iShares MSCI Global Gold Miners ETF	Equity Industry Subsector	-$324M	-14.7%
9	IQMM	ProShares - GENIUS Money Market ETF	Other	-$2.32B	-13.0%
10	ICLN	iShares Global Clean Energy ETF	Equity Thematic	-$285M	-12.3%

Asset allocation rotation · Past 3 months

Equity ETFs drew the largest net inflows (+$186.8B), followed by Bond (+$72.1B), while Crypto (−$7.9B) and Commodity (−$1.8B) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$58.4B) and out of Gold (−$4.3B).
Relative to fund size, NASA drew the largest inflow (+121.9% of AUM) and IYM the largest outflow (−56.4%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	+$38.14B	+4.4%
2	DRAM	Roundhill Memory ETF	Other	+$21.87B	+97.3%
3	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$21.0B	+13.8%
4	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$17.34B	+3.6%
5	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$14.98B	+15.6%
6	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	+$13.71B	+1.8%
7	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$13.13B	+2.0%
8	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$12.16B	+12.4%
9	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$9.62B	+9.9%
10	BND	Vanguard Total Bond Market ETF	Bond US Aggregate Core	+$9.36B	+5.9%

#	Ticker	Name	Type	Net flow	% of AUM
1	NASA	Tema Space Innovators ETF	Equity Thematic	+$1.62B	+121.9%
2	ARKQ	ARK Autonomous Technology & Robotics ETF	Equity Thematic	+$2.24B	+104.9% ⚠
3	DRAM	Roundhill Memory ETF	Other	+$21.87B	+97.3%
4	SNXX	Tradr 2X Long SNDK Daily ETF	Other	+$1.81B	+68.3% ⚠
5	FLKR	Franklin FTSE South Korea ETF	Other	+$673M	+55.9%
6	CORO	iShares International Country Rotation Active ETF	Equity International Broad	+$4.22B	+55.2%
7	IHE	iShares U.S. Pharmaceuticals ETF	Other	+$588M	+52.4%
8	IALT	iShares Systematic Alternatives Active ETF	Equity Asset Allocation	+$2.48B	+51.5% ⚠
9	DFAL		Other	+$626M	+49.7%
10	CBOX		Other	+$475M	+44.4%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	-$15.82B	-1.6%
2	QUAL	iShares MSCI USA Quality Factor ETF	Equity Factor Smart Beta	-$6.17B	-13.4%
3	IBIT	iShares Bitcoin Trust ETF	Crypto	-$5.07B	-10.6%
4	IQMM	ProShares - GENIUS Money Market ETF	Other	-$4.45B	-21.7%
5	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.25B	-39.8%
6	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$3.71B	-7.9%
7	IAU	iShares Gold Trust	Commodity Gold	-$3.29B	-5.2%
8	XLE	State Street Energy Select Sector SPDR ETF	Equity Broad Sector	-$3.07B	-7.9%
9	THRO	iShares U.S. Thematic Rotation Active ETF	Equity Thematic	-$2.22B	-34.2%
10	IVE	iShares S&P 500 Value ETF	Equity US Large Value	-$2.13B	-4.4%

#	Ticker	Name	Type	Net flow	% of AUM
1	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	-$723M	-56.4%
2	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.25B	-39.8%
3	FTXL	First Trust Nasdaq Semiconductor ETF	Other	-$907M	-38.3%
4	THRO	iShares U.S. Thematic Rotation Active ETF	Equity Thematic	-$2.22B	-34.2%
5	FXI	iShares China Large-Cap ETF	Equity Emerging Markets	-$1.55B	-34.0%
6	AKRE	Akre Focus ETF	Equity US Large Growth	-$1.32B	-24.5%
7	IQMM	ProShares - GENIUS Money Market ETF	Other	-$4.45B	-21.7%
8	RING	iShares MSCI Global Gold Miners ETF	Equity Industry Subsector	-$483M	-20.7%
9	LCTU	iShares U.S. Carbon Transition Readiness Aware Active ETF	Other	-$300M	-20.5%
10	ILF	iShares Latin America 40 ETF	Equity Emerging Markets	-$788M	-20.5%

Largest ETF fund flows across ~2610 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
QNT	Quantinuum	1.9	28.0%	18.8%
SION	Sionna Therapeutics	0.3	22.5%	-84.8%
SHAZ	SharonAI	1.0	21.0%	-26.0%
CRWV	CoreWeave	56.8	19.3%	50.4%
BRUN	Boost Run	1.1	19.1%	5.7%
SMCI	Super Micro Computer	22.6	19.0%	28.5%
MRX	Marex	5.1	18.7%	86.8%
ATRO	Astronics	3.1	17.3%	62.0%
HRB	H&R Block	6.9	16.1%	27.4%
TECX	Tectonic Therapeutic	0.7	15.6%	76.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
UAMY	United States Antimony	0.7	-24.5%	-1.0%
HPK	HighPeak Energy	0.9	-12.7%	52.1%
EYE	National Vision	1.6	-11.6%	-24.4%
PLTK	Playtika	0.9	-11.4%	-40.1%
LQDA	Liquidia	6.9	-10.5%	128.4%
TE	T1 Energy	1.4	-10.4%	-26.6%
KDK	Kodiak AI	0.7	-10.1%	-62.2%
ALMR	Alamar Biosciences	2.1	-9.4%	50.5%
SVV	Savers Value Village	1.7	-9.2%	14.7%
LB	LandBridge	2.1	-9.0%	56.3%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
ABCL	AbCellera Biologics	3.1	74.9%	202.8%
IOVA	Iovance Biotherapeutics	2.8	55.3%	146.9%
HZO	MarineMax	1.2	44.7%	115.1%
NIQ	NIQ Global Intelligence	5.0	44.2%	1.9%
STDN	Standard Nuclear	1.9	39.5%	-6.7%
TEAM	Atlassian	40.5	37.0%	-4.3%
CAI	Caris Life Sciences	6.3	35.3%	-17.5%
SPCX	Space Exploration Technologies	1,550.2	35.0%	-9.2%
QNST	QuinStreet	1.2	34.4%	44.7%
INSM	Insmed	28.5	33.6%	-24.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TENX	Tenax Therapeutics	0.1	-86.8%	-85.9%
SION	Sionna Therapeutics	0.3	-86.8%	-84.8%
TDUP	ThredUp	0.4	-51.0%	-51.8%
CDNL	Cardinal Infrastructure	0.5	-43.1%	48.8%
UTI	Universal Technical Institute	1.4	-39.5%	-1.9%
ARKO	ARKO	0.5	-39.4%	-0.8%
PLTK	Playtika	0.9	-39.2%	-40.1%
GOGO	Gogo	0.4	-36.5%	-39.3%
NABL	N-able	0.6	-35.1%	-56.7%
BLLN	BillionToOne	4.5	-35.0%	19.1%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
EFOR	Everforth	1.4	91.2%	72.5%
UTZ	Utz Brands	1.2	88.9%	38.5%
AEHR	Aehr Test Systems	4.0	79.5%	540.1%
FBRX	Forte Biosciences	1.4	77.7%	181.6%
TEAM	Atlassian	40.5	74.3%	-4.3%
IOVA	Iovance Biotherapeutics	2.8	71.5%	146.9%
PLSE	Pulse Biosciences	2.9	70.1%	215.5%
LIFE	Ethos Technologies	1.6	69.3%	3973.5%
NEWP	New Pacific Metals	1.2	64.4%	88.3%
CDNA	CareDx	2.4	63.5%	151.1%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
TENX	Tenax Therapeutics	0.1	-88.9%	-85.9%
SION	Sionna Therapeutics	0.3	-85.3%	-84.8%
MPLT	MapLight Therapeutics	0.5	-70.0%	-35.2%
EMAT	Evolution Metals & Technologies	1.4	-58.2%	-89.2%
TDUP	ThredUp	0.4	-51.4%	-51.8%
CDNL	Cardinal Infrastructure	0.5	-48.4%	48.8%
UTI	Universal Technical Institute	1.4	-45.0%	-1.9%
LINC	Lincoln Educational Services	0.9	-44.3%	23.4%
AHCO	AdaptHealth	0.8	-43.4%	-42.1%
SEDG	SolarEdge Technologies	1.9	-42.3%	11.0%

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	71.6	44.4	9.8	10.2	15.1	12.6
Expense Ratio	0.60%	0.35%	0.33%	0.44%	0.35%	0.37%	0.36%
10-D Avg Volume (Mil)	0.42	10.82	9.76	1.55	8.89	0.80	5.22
Latest Day Volume (Mil)	0.06	6.78	6.90	1.76	5.98	-	5.98
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	47.45	582.90	543.49	197.66	154.57	250.70	-
Premium/Discount	1.1%	0.3%	0.6%	1.5%	3.1%	0.4%	0.8%
Distribution Yield	0.3%	0.2%	0.3%	0.2%	0.4%	0.0%	0.2%
Sales Yield	28.3%	7.0%	7.3%	12.4%	8.5%	28.2%	10.4%
Earnings Yield	2.2%	2.2%	2.0%	1.9%	1.2%	2.5%	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)	3.5x	14.3x	13.7x	8.1x	11.8x	3.5x	10.0x
P/E (TTM)	44.5x	45.3x	50.3x	52.8x	83.7x	40.3x	47.8x
P/FCF (TTM)	60.5x	51.3x	56.9x	-	-	42.3x	54.1x
Forward P/E	36.2x	-	-	-	60.4x	33.7x	36.2x
Forward P/S	3.2x	-	-	-	7.9x	3.2x	3.2x

Risk

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
Volatility (1Y)	25.2%	38.9%	45.0%	20.5%	27.1%	22.7%	26.2%
Volatility (3Y)	20.6%	36.8%	39.4%	20.4%	27.5%	19.9%	24.1%
Volatility (5Y)	19.8%	36.5%	38.3%	22.1%	32.3%	20.2%	27.2%
Beta (1Y)	1.18	2.37	2.60	0.78	1.05	1.02	1.12
Beta (3Y)	0.86	1.97	2.06	0.81	1.03	0.85	0.94
Beta (5Y)	0.81	1.76	1.81	0.86	1.16	0.81	1.01
Sharpe Ratio (1Y)	1.01	1.98	2.04	2.16	2.46	1.23	2.01
Sharpe Ratio (3Y)	1.27	1.39	1.19	0.87	1.00	1.41	1.23
Sharpe Ratio (5Y)	1.25	1.00	0.87	0.26	0.32	0.99	0.93
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%	-39.8%	-54.0%	-18.7%	-42.6%

Returns

	MISL	SMH	SOXX	IBB	XBI	ITA	Median
Name	First Trus.	VanEck Sem.	iShares Se.	iShares Bi.	State Stre.	iShares U..
1M Return	9.8%	-2.6%	-3.8%	6.4%	2.5%	6.9%	4.5%
3M Return	5.4%	4.2%	5.9%	16.5%	18.1%	11.6%	8.8%
6M Return	-1.1%	44.5%	55.6%	16.7%	27.2%	8.0%	22.0%
YTD Return	12.1%	62.4%	81.6%	19.0%	30.7%	17.3%	24.9%
1Y Return	25.2%	99.9%	126.4%	52.7%	87.8%	28.8%	70.3%
2Y Return	68.5%	178.6%	177.5%	46.0%	73.3%	86.4%	79.8%
3Y Return	105.8%	280.2%	222.5%	59.9%	103.6%	119.1%	112.4%

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 (8/13/2026): $47.18

First Trust Indxx Aerospace & Defense ETF (MISL)

Market Price (8/13/2026): $47.18

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