XAR vs. MISL ETF Comparison

Comparison of SPDR S&P Aerospace & Defense ETF (XAR) to First Trust Indxx Aerospace & Defense ETF (MISL)

XAR

SPDR S&P Aerospace & Defense ETF

XAR Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the aerospace and defense segment of a U.S. total market composite index. In seeking to track the performance of the S&P Aerospace & Defense Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the aerospace and defense industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$136.58

Average Daily Volume

70,469

Number of Holdings ^*

30

* may have additional holdings in another (foreign) market

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

$27.12

Average Daily Volume

14,257

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	XAR	MISL
30 Days	-2.26%	-0.24%
60 Days	0.38%	3.21%
90 Days	5.87%	8.82%
12 Months	20.64%	22.73%

9 Overlapping Holdings

	Symbol	Grade	Weight in XAR	Weight in MISL	Overlap
	BA	D	3.41%	6.3%	3.41%
	GD	A	4.25%	8.22%	4.25%
	HII	C	3.71%	4.16%	3.71%
	HWM	B	3.69%	4.48%	3.69%
	LMT	A	4.23%	7.3%	4.23%
	NOC	A	4.07%	7.44%	4.07%
	RTX	A	4.44%	8.31%	4.44%
	TDG	A	4.09%	4.38%	4.09%
	TXT	D	4.04%	4.47%	4.04%

XAR Overweight 21 Positions Relative to MISL

	Symbol	Grade	Weight
	HEI	A	4.25%
	CW	A	4.12%
	WWD	A	3.99%
	LHX	A	3.85%
	AIR	A	3.73%
	AXON	B	3.73%
	SPR	D	3.65%
	AVAV	B	3.58%
	BWXT	C	3.55%
	KTOS	B	3.42%
	ACHR	F	3.41%
	MOG.A	A	3.37%
	HXL	D	3.27%
	RKLB	F	3.22%
	MRCY	D	2.43%
	TGI	D	2.13%
	SPCE	F	1.65%
	CDRE	C	0.94%
	DCO	A	0.87%
	ATRO	D	0.44%
	NPK	A	0.37%

XAR Underweight 1 Positions Relative to MISL

	Symbol	Grade	Weight
	LDOS	A	-4.38%

XAR: Top Represented Industries & Keywords

Industries: Aerospace & Defense Communication Equipment Computer Systems Conglomerates Diversified Industrials Security & Protection Services Specialty Industrial Machinery

Keywords: Aerospace S&P 500 Department Of Defense Avionics Weapons Aviation Helicopter Radar Space Systems U.S. Department Of Defense Actuator Aerostructure Defense Systems Electronics Microwave Test Systems Aerospace Systems Combat Systems Communications Systems Defense Applications

MISL: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Specialty Industrial Machinery

Keywords: S&P 500 Aerospace Space Systems Aviation Weapons Aerospace Systems Business Aviation Combat Systems Communications Systems Defense Systems Electronics Information Technology Solutions Manned Aircraft Mission Systems National Security Navy Northrop Grumman Radar Technology Products Technology Solutions