First Trust Indxx Aerospace & Defense ETF (MISL)


Market Price (11/8/2026): $40.345

First Trust Indxx Aerospace & Defense ETF (MISL)


Market Price (11/8/2026): $40.345

Key Takeaways

  • MISL has returned -5.7% YTD vs +8.4% for SPY; -3.0% over the past 12 months (SPY +10.5%). details →
  • Priced in gold, MISL has returned -14.9% over the past 3 years, vs +77.1% in dollars — its dollar gains have lagged gold. details →
  • Over the past month, MISL has seen net outflows of −$246M (−36.4% of assets). details →
  • MISL's portfolio trades at 26.9x forward earnings — a 213% premium to SPY (8.6x). details →
  • MISL's top 10 holdings represent 61% of the fund vs 37% for SPY — a more concentrated portfolio. details →
Last updated: 11/7/2026.

Price Chart

Asset Allocation with MISL

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+7.2%
Volatility
8.0%
Sharpe
0.56
YTD
-1.6%
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.

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Top 20 Holdings for MISL

Total Weights
Top 5: 38.2% | Top 10: 60.7% | Top 20: 87.0%

TickerHoldingETF WeightSales WeightEarnings WeightFwd P/SFwd P/EFwd Sales GrowthFwd Earnings Growth
Total99.82%100.00%100.00%2.426.9+10.5%+14.8%
Top 2086.95%81.13%88.91%2.627.4+10.7%+15.0%
GEGE Aerospace8.65%3.73%7.43%6.035.1+11.7%+12.5%
RTXRTX8.64%8.87%8.93%2.423.3+8.1%+8.2%
BABoeing7.53%14.26%13.23%1.3122.6+12.8%—
SPCXSpace Exploration Technologies6.77%0.37%—10.684.6+236.0%+865.9%
PLTRPalantir Technologies6.65%0.34%1.99%30.461.2+54.0%+47.7%
LMTLockheed Martin4.72%7.84%7.43%1.517.1+7.3%+8.2%
GDGeneral Dynamics4.46%7.22%6.84%1.618.9+5.3%+8.1%
TDGTransDigm4.45%1.78%4.35%5.824.1+7.2%+14.6%
LHXL3Harris Technologies4.44%6.03%6.04%1.919.0+7.0%+10.0%
NOCNorthrop Grumman4.42%7.08%8.45%1.617.6+6.4%-0.5%
HEIHeico4.36%1.33%2.51%7.744.6+8.7%+12.7%
HONAHoneywell Aerospace4.01%4.09%2.59%2.517.6+7.7%+11.9%
HWMHowmet Aerospace3.84%1.25%3.03%7.131.4+13.8%+19.6%
RKLBRocket Lab3.11%0.20%—25.1—+42.2%—
WWDWoodward2.10%1.28%1.94%3.928.1+9.9%+18.2%
FTAIFTAI Aviation2.01%1.02%1.81%2.915.2+70.0%+134.5%
LDOSLeidos1.86%5.51%5.05%0.910.8+2.6%-9.9%
CWCurtiss-Wright1.82%1.10%1.88%4.226.4+8.2%+12.8%
TXTTextron1.62%4.81%3.49%0.911.2+5.5%+8.4%
CACICACI International1.52%3.01%1.92%1.216.9+6.7%+14.4%
[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 11/30/27. Individual constituent FY1 and FY2 consensus figures adjusted to align with 11/30/27.
[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

TickerHoldingWeightMkt Price
11/7
1D Rtn1M RtnYTD Rtn1Y Rtn3Y Rtn5Y Rtn10Y Rtn
MISLFirst Trust Indxx Aerospace & Defense ETF100.00%40.350.0%-3.4%-5.7%-3.0%77.1%  
GEGE Aerospace8.65%323.240.0%5.8%5.4%5.8%261.9%386.1%150.3%
RTXRTX8.64%189.530.0%2.8%4.5%8.7%141.8%132.6%287.7%
BABoeing7.53%173.400.0%-7.6%-20.1%-10.9%-9.6%-22.1%28.9%
SPCXSpace Exploration Technologies6.77%134.270.0%-16.4%     
PLTRPalantir Technologies6.65%160.380.0%-19.3%-9.8%-9.9%767.4%499.6% 
LMTLockheed Martin4.72%567.080.0%11.7%19.4%26.9%38.1%89.7%191.3%
GDGeneral Dynamics4.46%354.060.0%7.8%7.1%4.1%55.1%93.8%171.3%
TDGTransDigm4.45%1,197.010.0%9.9%-10.0%-6.8%56.4%113.5%544.2%
LHXL3Harris Technologies4.44%259.890.0%9.7%-10.4%-9.1%51.7%28.3%209.6%
NOCNorthrop Grumman4.42%525.010.0%8.4%-6.8%-6.2%19.9%56.7%154.4%
HEIHeico4.36%332.650.0%12.4%2.9%3.1%107.8%126.9%814.3%
HONAHoneywell Aerospace4.01%152.920.0%-0.7%     
HWMHowmet Aerospace3.84%205.810.0%-7.5%0.6%-0.2%329.6%537.4%1,498.9%
RKLBRocket Lab3.11%53.070.0%-22.4%-23.9%2.8%1,117.2%255.2% 
WWDWoodward2.10%317.310.0%-1.9%5.2%19.6%146.3%175.5%437.3%
FTAIFTAI Aviation2.01%180.270.0%5.4%-7.9%10.8%369.4%836.2%2,804.3%
LDOSLeidos1.86%132.680.0%11.3%-25.8%-31.9%33.2%47.6%244.0%
CWCurtiss-Wright1.82%463.470.0%-8.6%-15.8%-19.8%128.0%250.0%420.8%
TXTTextron1.62%83.540.0%14.1%-4.1%1.9%10.0%10.4%97.4%
CACICACI International1.52%611.160.0%2.0%14.7%3.7%89.4%111.6%433.8%

Guidance Updates for MISL Top Holdings

 TickerCompanyEarnings DateGuidance MetricMidpoint Value% ChangeGuidance Change
HWM_10292026HWMHowmet Aerospace10/29/2026Q4 2026 Revenue2.75 Bil6.8%Higher NewNew Guidance Higher than Prior Actual of 2.58 Bil for Q3 2026
PLTR_11022026PLTRPalantir Technologies11/2/2026Q4 2026 Revenue2.65 Bil22.6%Higher NewNew Guidance Higher than Prior Actual of 2.16 Bil for Q3 2026
RKLB_8102026RKLBRocket Lab8/10/2026Q3 2026 Revenue257.50 Mil10.8%Higher NewNew Guidance Higher than Prior Actual of 232.50 Mil for Q2 2026

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
MISL Return-8%15%20%41%-6%99%
Peers Return15%-20%33%13%40%23%136%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
MISL Win Rate-100%58%58%83%36% 
Peers Win Rate58%42%62%57%67%60% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
MISL Max Drawdown---10%-10%-16%-23% 
Peers Max Drawdown-20%-37%-19%-18%-26%-23% 
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 11/6/2026 (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.

Ticker1Y3Y5Y
MISL-0.160.890.80
Equity Top Results (3Y)   
IALT1.801.801.80
VLUE1.931.480.71
CGDV0.861.390.87
FNDX1.871.390.67
MGV1.881.380.69

Results as of 10312026.

MISL Dip Buy History


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Current Dip Buy Opportunities Across ETFs

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

TickerNameDip %Mkt PricePrice DatePeak PricePeak Date# Days
VTIVanguard Total Stock Market ETF-5.6%361.9311072026383.33813202686
ITOTiShares Core S&P Total U.S. Stock Market ETF-6.0%160.5411072026170.70813202686
SCHBSchwab U.S. Broad Market ETF-5.9%28.301107202630.09813202686
IWViShares Russell 3000 ETF-5.7%417.9211072026442.95813202686
VOOVanguard S&P 500 ETF-5.6%675.9911072026716.201006202632
IVViShares Core S&P 500 ETF-5.6%738.6811072026782.541006202632
SPYState Street SPDR S&P 500 ETF Trust-5.6%735.2911072026779.091006202632
SPYMState Street SPDR Portfolio S&P 500 ETF-5.6%86.561107202691.721006202632
SCHXSchwab U.S. Large-Cap ETF-5.8%28.931107202630.71813202686
VVVanguard Large-Cap ETF-5.8%338.6711072026359.591006202632
IWBiShares Russell 1000 ETF-5.5%402.5811072026426.04813202686
SCHKSchwab 1000 Index ETF-5.9%35.331107202637.56813202686
DIAState Street SPDR Dow Jones Industrial Average ETF Trust-5.3%512.2211072026541.11805202694
OEFiShares S&P 100 ETF-6.7%363.3711072026389.441007202631
XLGInvesco S&P 500 Top 50 ETF-8.4%59.621107202665.071007202631
MGCVanguard Mega Cap 300 Index ETF-6.6%269.2911072026288.181006202632
MAGSRoundhill Magnificent Seven ETF-9.1%67.531107202674.301013202625
QQQInvesco QQQ Trust, Series 1-13.6%656.1011072026759.661006202632
QQQMInvesco NASDAQ 100 ETF-13.6%270.2211072026312.761006202632
ONEQFidelity Nasdaq Composite Index ETF-10.9%96.8811072026108.771006202632
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF-14.7%142.4711072026167.03813202686
IJHiShares Core S&P Mid-Cap ETF-8.3%72.111107202678.67816202683
VOVanguard Mid-Cap ETF-5.7%79.381107202684.15816202683
IWRiShares Russell Mid-Cap ETF-6.1%107.8011072026114.82816202683
MDYState Street SPDR S&P MIDCAP 400 ETF Trust-8.2%657.8211072026716.91816202683
SCHMSchwab U.S. Mid-Cap ETF-6.7%34.391107202636.876302026130
IVOOVanguard S&P Mid-Cap 400 ETF-8.0%122.0811072026132.68816202683
IJRiShares Core S&P Small-Cap ETF-8.5%137.6411072026150.44816202683
VBVanguard Small-Cap ETF-7.4%285.6411072026308.38816202683
IWMiShares Russell 2000 ETF-10.3%273.6711072026305.09816202683
SCHASchwab U.S. Small-Cap ETF-10.4%32.361107202636.136302026130
VTWOVanguard Russell 2000 ETF-10.1%110.5311072026122.90816202683
DFASDimensional U.S. Small Cap ETF-7.8%77.911107202684.48816202683
ESMLiShares ESG Aware MSCI USA Small-Cap ETF-6.9%52.731107202656.64816202683
NUSCNuveen ESG Small-Cap ETF-6.7%49.681107202653.27816202683
VUGVanguard Growth ETF-11.3%82.171107202692.641006202632
IWFiShares Russell 1000 Growth ETF-13.5%111.7511072026129.191006202632
IVWiShares S&P 500 Growth ETF-11.3%129.6311072026146.121006202632
SCHGSchwab U.S. Large-Cap Growth ETF-10.3%33.141107202636.931006202632
SPYGState Street SPDR Portfolio S&P 500 Growth ETF-11.3%112.1811072026126.501006202632
VONGVanguard Russell 1000 Growth ETF-13.5%115.0311072026133.001006202632
MGKVanguard Mega Cap Growth ETF-12.1%83.641107202695.111006202632
IWPiShares Russell Mid-Cap Growth ETF-16.0%124.0111072026147.70817202682
VOTVanguard Mid-Cap Growth ETF-11.5%277.5511072026313.61816202683
IJKiShares S&P Mid-Cap 400 Growth ETF-11.1%105.8811072026119.11817202682
MDYGState Street SPDR S&P 400 Mid Cap Growth ETF-11.1%101.0211072026113.69817202682
IWOiShares Russell 2000 Growth ETF-13.1%343.8611072026395.65816202683
VBKVanguard Small-Cap Growth ETF-12.5%320.2911072026365.91817202682
IJTiShares S&P Small-Cap 600 Growth ETF-9.9%161.3111072026179.07804202695
SLYGState Street SPDR S&P 600 Small Cap Growth ETF-9.9%107.6311072026119.50804202695
IJJiShares S&P Mid-Cap 400 Value ETF-5.5%143.3711072026151.67816202683
MDYVState Street SPDR S&P 400 Mid Cap Value ETF-5.4%92.171107202697.39816202683
AVUVAvantis U.S. Small Cap Value ETF-7.0%119.7211072026128.74804202695
IWNiShares Russell 2000 Value ETF-7.4%210.7011072026227.43816202683
IJSiShares S&P Small-Cap 600 Value ETF-7.4%130.3211072026140.68816202683
SLYVState Street SPDR S&P 600 Small Cap Value ETF-7.4%103.8611072026112.22816202683
VIOVVanguard S&P Small-Cap 600 Value ETF-6.9%111.9811072026120.28816202683
VXUSVanguard Total International Stock ETF-8.5%80.921107202688.41907202661
VEUVanguard FTSE All-World Ex-US ETF-8.1%79.251107202686.21907202661
IXUSiShares Core MSCI Total International Stock ETF-8.3%90.561107202698.71907202661
CWIState Street SPDR MSCI ACWI ex-US ETF-8.2%38.471107202641.90907202661
COROiShares International Country Rotation Active ETF-8.7%34.271107202637.54907202661
VEAVanguard FTSE Developed Markets ETF-7.8%67.901107202673.61825202674
IEFAiShares Core MSCI EAFE ETF-6.5%94.8011072026101.41825202674
EFAiShares MSCI EAFE ETF-6.4%101.8911072026108.81825202674
SCHFSchwab International Equity ETF-7.7%26.391107202628.59825202674
FNDFSchwab Fundamental International Equity ETF-6.3%52.761107202656.31907202661
EFViShares MSCI EAFE Value ETF-5.2%39.371107202641.54903202665
AVIVAvantis International Large Cap Value ETF-6.5%78.441107202683.89825202674
VGKVanguard FTSE Europe ETF-6.1%87.311107202692.96825202674
SCZiShares MSCI EAFE Small-Cap ETF-7.5%81.031107202687.57907202661
VSSVanguard FTSE All-World EX-US Small-Cap Index Fund-10.1%145.1511072026161.495112026180
SCHCSchwab International Small-Cap Equity ETF-9.3%47.051107202651.86827202672
FNDCSchwab Fundamental International Small Equity ETF-6.6%48.231107202651.66907202661
IEMGiShares Core MSCI Emerging Markets ETF-16.0%72.201107202686.006222026138
VWOVanguard FTSE Emerging Markets ETF-9.8%55.291107202661.32907202661
EEMiShares MSCI Emerging Markets ETF-16.7%59.331107202671.216222026138
SPEMState Street SPDR Portfolio Emerging Markets ETF-9.7%48.221107202653.41907202661
SCHESchwab Emerging Markets Equity ETF-9.4%34.061107202637.58907202661
FNDESchwab Fundamental Emerging Markets Equity ETF-6.8%40.171107202643.08907202661
ASHRXtrackers Harvest CSI 300 China A-Shares ETF-18.2%30.501107202637.306222026138
EWYiShares MSCI South Korea ETF-37.5%137.0111072026219.206212026139
EWZiShares MSCI Brazil ETF-26.6%31.981107202643.541012202626
FXIiShares China Large-Cap ETF-8.7%34.951107202638.265132026178
ILFiShares Latin America 40 ETF-15.9%32.141107202638.211012202626
KWEBKraneShares CSI China Internet ETF-18.7%24.881107202630.595132026178
CGDVCapital Group Dividend Value ETF-7.8%47.421107202651.44813202686
JEPQJ.P. Morgan Nasdaq Equity Premium Income ETF-10.5%54.341107202660.701007202631
QQQINEOS Nasdaq 100 High Income ETF-11.6%49.481107202656.001006202632
QYLDGlobal X Funds Global X NASDAQ-100 Covered Call ETF-8.7%17.111107202618.741015202623
RYLDGlobal X Russell 2000 Covered Call ETF-5.8%15.221107202616.16827202672
DFACDimensional U.S. Core Equity 2 ETF-5.3%43.791107202646.22816202683
DYNFiShares U.S. Equity Factor Rotation Active ETF-8.1%64.981107202670.681006202632
MTUMiShares MSCI USA Momentum Factor ETF-26.1%63.761107202686.316222026138
SPHQInvesco S&P 500 Quality ETF-9.9%81.151107202690.106302026130
FNDASchwab Fundamental U.S. Small Company ETF-7.9%35.481107202638.52816202683
SPMOInvesco S&P 500 Momentum ETF-23.0%124.4111072026161.666222026138
VLUEiShares MSCI USA Value Factor ETF-11.3%182.1911072026205.51907202661
ARKKARK Innovation ETF-18.7%75.461107202692.781005202633
URAGlobal X Uranium ETF-43.5%32.341107202657.235112026180
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-25.4%31.051107202641.635132026178
ROBOROBO Global Robotics & Automation Index ETF-22.4%70.071107202690.346022026158
LITGlobal X Lithium & Battery Tech ETF-33.5%60.911107202691.625112026180
ICLNiShares Global Clean Energy ETF-30.7%16.451107202623.756022026158
ARKQARK Autonomous Technology & Robotics ETF-27.1%104.8011072026143.825282026163
ARKWARK Next Generation Internet ETF-17.0%138.8211072026167.331006202632
ARKXARK Space & Defense Innovation ETF-24.7%28.421107202637.745282026163
NASATema Space Innovators ETF-54.0%19.291107202641.895272026164
THROiShares U.S. Thematic Rotation Active ETF-7.9%41.371107202644.921006202632
XOVREntrepreneurShares Series Trust ERShares Private-Public Crossover ETF-12.8%19.551107202622.431005202633
AGIXKraneShares Artificial Intelligence ETF-22.6%38.341107202649.561006202632
CGBLCapital Group Core Balanced ETF-5.2%36.561107202638.57813202686
AOAiShares Core 80/20 Aggressive Allocation ETF-5.3%94.561107202699.89813202686
DRSKAptus Defined Risk ETF-7.1%27.301107202629.396012026159
ALLWSSGA Active Trust State Street Bridgewater All Weather ETF-5.2%28.851107202630.44825202674
NTSXWisdomTree U.S. Efficient Core Fund-5.5%57.571107202660.89813202686
PCEFInvesco CEF Income Composite ETF-6.4%19.061107202620.35813202686
YYYAmplify CEF High Income ETF-9.4%10.301107202611.37816202683
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund-27.3%51.821107202671.30825202674
RAAXVanEck Real Assets ETF-10.7%38.151107202642.705112026180
FTLSFirst Trust Long/Short Equity ETF-5.2%74.061107202678.091013202625
VGTVanguard Information Technology ETF-16.4%108.5111072026129.801006202632
XLKState Street Technology Select Sector SPDR ETF-18.4%164.7411072026202.001006202632
XLEState Street Energy Select Sector SPDR ETF-12.0%61.621107202670.02110120266
XLIState Street Industrial Select Sector SPDR ETF-12.8%162.6711072026186.51816202683
XLCState Street Communication Services Select Sector SPDR ETF-10.3%104.7911072026116.815142026177
XLUState Street Utilities Select Sector SPDR ETF-6.8%43.131107202646.297262026104
IYJiShares U.S. Industrials ETF-8.5%155.4311072026169.86804202695
IYMiShares U.S. Basic Materials ETF-8.4%179.9011072026196.45825202674
FXNFirst Trust Energy AlphaDEX Fund-10.9%22.281107202625.00110120266
SMHVanEck Semiconductor ETF-30.6%463.9611072026668.916222026138
SOXXiShares Semiconductor ETF-37.5%136.5311072026218.346222026138
XBIState Street SPDR S&P Biotech ETF-10.2%152.2111072026169.55819202680
ITAiShares U.S. Aerospace & Defense ETF-18.3%68.981107202684.41816202683
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF-15.2%173.7711072026204.861026202612
IGViShares Expanded Tech-Software Sector ETF-12.2%98.8811072026112.671011202627
IYTiShares U.S. Transportation ETF-10.1%80.961107202690.017162026114
IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF-10.2%177.8011072026198.06903202665
KREState Street SPDR S&P Regional Banking ETF-7.4%72.201107202677.93816202683
MISLFirst Trust Indxx Aerospace & Defense ETF-18.0%40.351107202649.195282026163
RINGiShares MSCI Global Gold Miners ETF-18.0%76.401107202693.17825202674
SOXQInvesco PHLX Semiconductor ETF-35.9%73.8211072026115.116222026138
EDVVanguard World Funds Extended Duration ETF-7.5%59.701107202664.546242026136
SPLBState Street SPDR Portfolio Long Term Corporate Bond ETF-5.0%21.071107202622.186292026131
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF-7.7%18.771107202620.341025202613
DBCInvesco DB Commodity Index Tracking Fund-7.5%31.541107202634.101025202613
COMTiShares GSCI Commodity Dynamic Roll Strategy ETF-8.5%35.961107202639.301025202613
BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF-8.1%24.641107202626.81910202658
FTGCFirst Trust Global Tactical Commodity Strategy Fund-8.1%29.031107202631.60910202658
HGERHarbor Commodity All-Weather Strategy ETF-7.3%33.831107202636.501025202613
GLDSPDR Gold Trust-14.3%372.5211072026434.655112026180
IAUiShares Gold Trust-14.2%76.381107202689.065112026180
GLDMSPDR Gold MiniShares Trust-14.2%80.411107202693.695112026180
SLViShares Silver Trust-40.9%46.871107202679.355132026178
PPLTETFS Physical Platinum Shares-29.1%13.861107202619.555132026178
PALLETFS Physical Palladium Shares-32.5%18.561107202627.485112026180
USOUnited States Oil Fund LP-12.5%148.4111072026169.531025202613
UNGUnited States Natural Gas Fund LP-22.9%9.351107202612.126042026156
BNOUnited States Brent Oil Fund LP ETV-12.8%62.221107202671.39110120266
SCHHSchwab U.S. REIT ETF-5.5%23.491107202624.867262026104
IYRiShares U.S. Real Estate ETF-5.3%101.6211072026107.267282026102
REETiShares Global REIT ETF-6.7%26.951107202628.897262026104
USRTiShares Core U.S. REIT ETF-6.8%65.091107202669.827262026104
IBITiShares Bitcoin Trust ETF-12.5%42.881107202649.01921202647
FBTCFidelity Wise Origin Bitcoin Fund-12.5%65.901107202675.31921202647
ETHAiShares Ethereum Trust ETF-16.7%50.331107202660.45928202640

ETF Fund Flows

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

Net fund flows
Largest inflows
#TickerNameTypeNet flow% of AUM
No data.
Largest outflows
#TickerNameTypeNet flow% of AUM
No data.

Largest ETF fund flows across ~ 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

0Holdings Count: 44
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

Peer Comparisons

Peers to compare with:

Profile

MISLSMHSOXXIBBXBIITAMedian
NameFirst Trus.VanEck Sem.iShares Se.iShares Bi.State Stre.iShares U.. 
Asset ClassEquityEquityEquityEquityEquityEquity-
AUM ($ Bil)0.766.443.011.310.812.411.9
Expense Ratio0.60%0.35%0.33%0.44%0.35%0.37%0.36%
10-D Avg Volume (Mil)0.099.168.801.658.950.755.22
Latest Day Volume (Mil)0.058.8610.802.057.67-7.67
Holdings Count4426302431655047
Inception Date10/25/202212/20/20117/10/20012/5/20011/31/20065/1/2006-

Fundamentals

MISLSMHSOXXIBBXBIITAMedian
NameFirst Trus.VanEck Sem.iShares Se.iShares Bi.State Stre.iShares U.. 
Net Asset Value41.22522.76453.54213.81157.82214.76-
Premium/Discount-2.1%-11.2%-69.9%-0.1%-3.6%-67.9%-7.4%
Distribution Yield0.4%0.2%1.1%0.2%0.4%0.0%0.3%
Sales Yield36.5%10.1%11.6%12.4%10.4%35.4%12.0%
Earnings Yield3.2%3.6%3.5%1.9%1.7%3.4%3.3%

Valuation

MISLSMHSOXXIBBXBIITAMedian
NameFirst Trus.VanEck Sem.iShares Se.iShares Bi.State Stre.iShares U.. 
P/S (TTM)2.7x9.9x8.6x8.1x9.6x2.8x8.3x
P/E (TTM)31.5x27.7x28.6x51.8x58.0x29.5x30.5x
P/FCF (TTM)42.9x34.5x34.1x137.4x-35.1x35.1x
Forward P/E26.9x---46.0x25.8x26.9x
Forward P/S2.4x---7.8x2.5x2.5x

Risk

MISLSMHSOXXIBBXBIITAMedian
NameFirst Trus.VanEck Sem.iShares Se.iShares Bi.State Stre.iShares U.. 
Volatility (1Y)26.2%42.4%49.0%23.5%30.0%23.7%28.1%
Volatility (3Y)21.1%38.2%41.2%21.6%28.4%20.4%25.0%
Volatility (5Y)20.0%37.5%39.6%22.5%32.7%20.6%27.6%
Beta (1Y)1.152.422.660.861.170.951.16
Beta (3Y)0.882.022.120.831.060.850.97
Beta (5Y)0.821.781.850.871.170.811.02
Sharpe Ratio (1Y)-0.010.820.841.401.270.060.83
Sharpe Ratio (3Y)1.021.231.011.071.101.121.08
Sharpe Ratio (5Y)0.960.850.680.380.290.770.72
Max Drawdown (1Y)-23.0%-33.1%-39.6%-9.6%-14.9%-20.1%-21.6%
Max Drawdown (3Y)-23.0%-35.7%-41.7%-24.9%-33.0%-20.1%-28.9%
Max Drawdown (5Y)-23.0%-45.3%-46.2%-35.7%-53.2%-20.1%-40.5%

Returns

MISLSMHSOXXIBBXBIITAMedian
NameFirst Trus.VanEck Sem.iShares Se.iShares Bi.State Stre.iShares U.. 
1M Return-3.4%-23.6%-27.3%6.6%2.0%1.0%-1.2%
3M Return-15.0%-18.5%-22.6%6.8%-3.7%-17.6%-16.3%
6M Return-10.2%-18.1%-21.3%25.7%13.0%-7.4%-8.8%
YTD Return-5.7%28.8%36.0%26.7%24.8%-3.6%25.8%
1Y Return-3.7%29.5%34.1%35.2%39.8%-1.2%31.8%
2Y Return29.6%91.0%85.7%50.2%53.9%43.2%52.1%
3Y Return79.2%230.2%171.4%86.8%126.4%87.2%106.8%

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 9302026-13.1%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest1