MISL vs. ITA ETF Comparison

Comparison of First Trust Indxx Aerospace & Defense ETF (MISL) to iShares U.S. Aerospace & Defense ETF (ITA)

MISL

First Trust Indxx Aerospace & Defense ETF

MISL Description

The First Trust Indxx Aerospace & Defense ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the Index.

Grade (RS Rating)

Last Trade

$26.91

Average Daily Volume

14,538

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ITA

iShares U.S. Aerospace & Defense ETF

ITA Description

The investment seeks to track the investment results of an index composed of U.S. equities in the aerospace and defense sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Aerospace & Defense Index (the "underlying index"), which measures the performance of the aerospace and defense sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$129.53

Average Daily Volume

440,134

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MISL	ITA
30 Days	-0.65%	-1.71%
60 Days	2.84%	2.83%
90 Days	8.25%	6.36%
12 Months	22.49%	15.18%

9 Overlapping Holdings

Symbol	Grade	Weight in MISL	Weight in ITA	Overlap
BA	F	6.3%	13.58%	6.3%
GD	B	8.22%	4.78%	4.78%
HII	C	4.16%	2.72%	2.72%
HWM	B	4.48%	4.18%	4.18%
LMT	A	7.3%	13.5%	7.3%
NOC	A	7.44%	4.55%	4.55%
RTX	A	8.31%	18.78%	8.31%
TDG	A	4.38%	4.61%	4.38%
TXT	B	4.47%	4.62%	4.47%

MISL Overweight 1 Positions Relative to ITA

	Symbol	Grade	Weight
	LDOS	A	4.38%

MISL Underweight 25 Positions Relative to ITA

Symbol	Grade	Weight
LHX	A	-4.32%
AXON	B	-4.23%
HEI	A	-2.87%
CW	A	-2.42%
WWD	A	-2.25%
BWXT	C	-2.12%
HEI	A	-1.86%
HXL	D	-1.32%
MOG.A	A	-1.12%
AVAV	A	-1.06%
SPR	D	-0.97%
KTOS	B	-0.66%
AIR	A	-0.54%
DRS	C	-0.38%
MRCY	D	-0.37%
TGI	C	-0.25%
RKLB	F	-0.24%
RGR	B	-0.21%
SWBI	A	-0.2%
DCO	A	-0.18%
ACHR	D	-0.17%
CDRE	D	-0.15%
VVX	A	-0.14%
NPK	A	-0.11%
SPCE	F	-0.08%

MISL: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Specialty Industrial Machinery