First Trust Indxx Aerospace & Defense ETF
MISL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- James M. Dykas
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Wheaton United States of America
- IPO Date
- Oct 26, 2022
- Similar Companies
- Business
- First Trust Indxx Aerospace & Defense ETF (MISL) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before fees and expenses, of the Indxx US Aerospace & Defense Index. The fund, launched on October 25, 2022, invests at least 80% of its net assets in common stocks comprising the index, which tracks a market cap-weighted portfolio of U.S. companies engaged in advanced and traditional aerospace and defense sub-themes, including aircraft manufacturing, defense systems, space technologies, avionics, and related professional services. Top holdings include RTX Corporation (9.30%), General Dynamics Corporation (8.59%), GE Aerospace (8.54%), Lockheed Martin Corporation (7.56%), and The Boeing Company (7.19%), with approximately 39 holdings spanning primarily the industrials sector; the fund is non-diversified and exhibits mid- and large-cap growth characteristics with a net expense ratio of 0.60%. Headquartered in Wheaton, Illinois, and advised by First Trust Advisors L.P., the ETF operates primarily in U.S. markets, with shares listed on NYSE Arca and available to investors in the United States and Mexico. In December 2024, First Trust expanded its offerings by launching the First Trust Indxx Global Aerospace & Defence UCITS ETF (also ticker MISL) on the London Stock Exchange, providing European investors with exposure to global aerospace and defense companies via a UCITS-compliant structure. The U.S. MISL ETF has since grown its assets under management to over $210 million, reflecting strong investor interest amid sector performance gains of approximately 33% year-to-date as of late 2025. No major acquisitions, funding rounds, or strategic alliances specific to MISL have been reported in the last 1-2 years.