First Trust Indxx Aerospace & Defense ETF MISL AMEX · Financials · United States
$42.08 -1.89% -$0.81
Summary
First Trust Indxx Aerospace & Defense ETF is an ETF - a fund traded on an exchange like a stock - run by First Trust. Positions inside: 45. The ten largest make up 61% of the fund.
- Yearly costs
- 0.60%
- Fund size
- $502.1M
- Positions
- 45
- Dividend yield
- 0.32%
- Running since
- 2022
What speaks for it
- Average yearly growth over the last three years: 21%.
What to watch
- The ten largest positions make up 61% of the fund, so its result rests on a few names.
- 88% of the fund is in one sector (Industrials).
- 100% of the fund is in one country (United States).
- Costs of 0.60% a year are above the middle of comparable funds (0.45%).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.3%
- 3 months
- -12%
- This year
- -1.7%
- 1 year
- +3.7%
- 3 years
- +77%
- Avg. market cap
- $230.2B
- P/E
- 27.0x
- Forward P/E
- 27.1x
- P/S
- 2.8x
- P/B
- 5.6x
- P/FCF
- 24.9x
- EV/EBITDA
- 19.5x
- Dividend yield
- 0.67%
- ROIC
- 9.7%
- ROE
- 34.1%
- Gross margin
- 32.1%
- Operating margin
- 7.2%
- Net margin
- 4.5%
- Payout ratio
- 18.0%
- Net debt/EBITDA
- 1.6x
- Beta
- 0.90
Weighted average of the 44 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 RTRTX RTX 8.8%
- 2 GEGeneral Electric Company GE 8.7%
- 3 BABoeing BA 7.7%
- 4 SPSpaceX SPCX 6.5%
- 5 PLPalantir PLTR 6.3%
- 6 LMLockheed Martin LMT 4.8%
- 7 NONorthrop Grumman Corp NOC 4.6%
- 8 LHL3Harris Technologies, Inc. LHX 4.6%
- 9 TDTransDigm TDG 4.6%
- 10 GDGeneral Dynamics GD 4.6%
Positions in the fund: 45. The ten largest make up 61% of it.
Composition as of Nov 6, 2026.
Where is it spread?
One sector dominatesBy sector
- Industrials 88%
- Technology 12%
By country
- United States 100%
By company size
- Mega cap 30%
- Large cap 61%
- Mid cap 7.9%
- Small cap 1.0%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Industrials (88%). Largest country: United States (100%). Largest size group: Large cap (61%).
What does it cost me?
Expensive- A year from $10,000
- $60.00
- Over 20 years
- $2,873
From every $10,000 invested the fund takes $60.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,873.
How has it done?
Growing over the long run- A year on average, 3 years
- +21%
- Deepest drop
- -23%
- Yearly volatility
- 27%
Average yearly growth over the last three years: 21%. Deepest drop in these years: 23% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.32%
- Payments a year
- 3
- Last payment
- $0.03
Over the last 12 months it paid $0.14 per share, which is 0.32% of today's price. The last payment was $0.03 on Mar 26, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $5.66M
- Shares a day
- 134K
On an average day about $5.66M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.0
- Average Bulios Score
- 57 out of 100
Weight by Bulios Fair Price
- Undervalued 14%
- Fairly valued 19%
- Overvalued 67%
On average the companies inside trade for 27.0 times their yearly profit. By Fair Price, 67% of the rated weight comes out as overvalued.
Counted from its largest companies (44), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
PP PPA Invesco Aerospace & Defense ETF | United States | 0.58% | $7.23B | +6.0% | Pays out | 71% |
IT ITA iShares U.S. Aerospace & Defense ETF | United States | 0.37% | $11.7B | +4.9% | Pays out | 68% |
NA NATO Themes ETF Trust - Themes Transatlantic Defense ETF | United States | 0.35% | $84.9M | -0.1% | Reinvests | 58% |
XA XAR State Street SPDR S&P Aerospace & Defense ETF | United States | 0.35% | $3.78B | +2.8% | Pays out | 54% |
DF DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | United States | 0.96% | $365.8M | -19% | Pays out | 54% |
FS FSDAX Fidelity Select Defense & Aerospace Portfolio· mutual fund | - | - | $3.16B | +3.4% | Pays out | 53% |
