MISL vs. PPA ETF Comparison

Comparison of First Trust Indxx Aerospace & Defense ETF (MISL) to PowerShares Aerospace & Defense (PPA)
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

$31.90

Average Daily Volume

31,580

Number of Holdings *

32

* may have additional holdings in another (foreign) market
PPA

PowerShares Aerospace & Defense

PPA Description The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE™ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$119.93

Average Daily Volume

182,189

Number of Holdings *

48

* may have additional holdings in another (foreign) market
Performance
Period MISL PPA
30 Days -4.28% -1.07%
60 Days 0.98% 4.37%
90 Days 2.55% 6.95%
12 Months 32.62% 37.38%
28 Overlapping Holdings
Symbol Grade Weight in MISL Weight in PPA Overlap
AIR B 0.67% 0.35% 0.35%
AVAV C 1.59% 0.84% 0.84%
BA D 7.46% 6.23% 6.23%
CACI D 3.04% 1.26% 1.26%
CW B 3.83% 1.37% 1.37%
DCO B 0.28% 0.14% 0.14%
GD D 7.96% 4.93% 4.93%
HEI A 4.26% 1.83% 1.83%
HII F 2.12% 1.07% 1.07%
HWM A 4.44% 4.44% 4.44%
HXL F 1.36% 0.66% 0.66%
KBR F 2.22% 0.88% 0.88%
KTOS C 1.06% 0.56% 0.56%
LDOS C 4.09% 2.05% 2.05%
LHX B 4.11% 4.07% 4.07%
LMT D 7.27% 6.64% 6.64%
MOG.A B 1.93% 0.66% 0.66%
MRCY C 0.67% 0.35% 0.35%
NOC D 3.86% 5.36% 3.86%
PSN D 2.95% 0.61% 0.61%
RKLB B 2.39% 0.56% 0.56%
RTX D 7.82% 7.09% 7.09%
SAIC F 1.73% 0.71% 0.71%
SPR D 0.98% 0.51% 0.51%
TDG D 7.35% 3.35% 3.35%
TGI A 0.38% 0.2% 0.2%
TXT D 3.99% 1.74% 1.74%
WWD B 2.86% 0.92% 0.92%
MISL Overweight 4 Positions Relative to PPA
Symbol Grade Weight
NPAB F 2.1%
LUNR B 0.36%
ATRO D 0.16%
NPK C 0.15%
MISL Underweight 20 Positions Relative to PPA
Symbol Grade Weight
GE D -6.71%
HON B -4.88%
AXON A -4.43%
PH B -4.28%
ETN B -3.16%
PLTR B -2.72%
BAH F -1.92%
APH B -1.91%
BWXT B -1.36%
TDY B -0.91%
ATI C -0.81%
KEYS A -0.62%
OSK C -0.29%
OSIS A -0.27%
B A -0.19%
IRDM F -0.17%
CDRE F -0.16%
TTMI B -0.16%
AI B -0.13%
VSAT F -0.1%
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