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
$31.42
Average Daily Volume
19,240
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
$114.35
Average Daily Volume
229,235
Number of Holdings
*
48
* may have additional holdings in another (foreign) market
Performance
Period | MISL | PPA |
---|---|---|
30 Days | -2.19% | -1.34% |
60 Days | -0.43% | 0.87% |
90 Days | 7.31% | 8.74% |
12 Months | 36.02% | 37.89% |
28 Overlapping Holdings
Symbol | Grade | Weight in MISL | Weight in PPA | Overlap | |
---|---|---|---|---|---|
AIR | F | 0.6% | 0.33% | 0.33% | |
AVAV | B | 1.7% | 0.91% | 0.91% | |
BA | F | 8.15% | 7.13% | 7.13% | |
CACI | A | 3.44% | 1.44% | 1.44% | |
CW | B | 3.71% | 1.33% | 1.33% | |
DCO | D | 0.25% | 0.13% | 0.13% | |
GD | C | 8.11% | 5.17% | 5.17% | |
HEI | D | 3.78% | 1.71% | 1.71% | |
HII | F | 2.72% | 1.42% | 1.42% | |
HWM | B | 3.88% | 4.02% | 3.88% | |
HXL | F | 1.4% | 0.7% | 0.7% | |
KBR | B | 2.45% | 1.0% | 1.0% | |
KTOS | C | 1.0% | 0.54% | 0.54% | |
LDOS | A | 4.47% | 2.1% | 2.1% | |
LHX | A | 4.01% | 4.08% | 4.01% | |
LMT | D | 7.28% | 7.08% | 7.08% | |
MOG.A | C | 1.71% | 0.59% | 0.59% | |
MRCY | D | 0.55% | 0.29% | 0.29% | |
NOC | D | 3.84% | 5.71% | 3.84% | |
PSN | A | 3.05% | 0.64% | 0.64% | |
RKLB | A | 1.56% | 0.37% | 0.37% | |
RTX | C | 7.97% | 7.61% | 7.61% | |
SAIC | A | 1.99% | 0.83% | 0.83% | |
SPR | C | 1.05% | 0.55% | 0.55% | |
TDG | C | 7.62% | 3.61% | 3.61% | |
TGI | C | 0.31% | 0.16% | 0.16% | |
TXT | F | 3.74% | 1.68% | 1.68% | |
WWD | D | 2.67% | 0.88% | 0.88% |
MISL Underweight 20 Positions Relative to PPA
MISL: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords
Industries:
Aerospace & Defense
Diversified Industrials
Information Technology Services
Specialty Industrial Machinery
Communication Equipment
Electronic Components
Scientific & Technical Instruments
Business Services
Computer Systems
Contract Manufacturers
Engineering & Construction
Metal Fabrication
Security & Protection Services
Software - Infrastructure
Telecom Services
Truck Manufacturing