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ARKXvsMISLETF Comparison
First Trust Indxx Aerospace & Defense ETF
ARK Space & Defense Innovation ETF (ARKX) belongs to the Multiple Trends segment. First Trust Indxx Aerospace & Defense ETF (MISL) is part of the segment. ARKX's top 3 sector exposures are Industrials, Information Technology and Communication Services. In contrast, MISL's top sector exposures are Industrials, Communication Services and Information Technology. ARKX is more expensive with a Total Expense Ratio (TER) of 0.76%, versus 0.6% for MISL. ARKX is up 6.34% year-to-date (YTD) with +$177M in YTD flows. MISL performs better with 13.74% YTD performance, and +$75M in YTD flows. Run a side-by-side ETF comparison of ARKX and MISL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
ARKX vs MISL performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ARKX MISL | -2.07%+0.19% | +11.26%+17.53% | +6.34%+13.74% | +75.38%+64.00% | +133.03%+124.44% | n/an/a |
| Flows | ARKX MISL | -$20M+$78M | +$228M+$1.12B | +$177M+$75M | +$269M+$1.17B | +$198M+$1.26B | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ARKX MISL | +35.29%+26.68% | +32.37%+22.80% | +25.80%+18.37% | n/an/a |
| Max drawdown | ARKX MISL | -14.39%-7.46% | -19.13%-11.76% | -25.02%-17.72% | n/an/a |
| Max drawdown duration | ARKX MISL | 49d50d | 89d30d | 130d184d | n/an/a |
ARKX | MISL | |
Last sale 3/11/2026 at 1:30 PM | $31.64 | $48.46 |
| Previous close 03/10/2026 | $31.58 | $48.61 |
| Consolidated volume 03/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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ARKX | MISL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
ARKX | MISL | |
|---|---|---|
| Last price | $31.64 | $48.46 |
| 1D performance | +0.19% | -0.31% |
| AuM | $726.51 M | $1.55 B |
| E/R | 0.76% | 0.6% |
ARKX | MISL | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Ark Investment | First Trust |
| Benchmark | - | Indxx US Aerospace and Defense Index |
| N° of holdings | 28 | 31 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 30, 2021 | October 26, 2022 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the ARKX and MISL ETFs performed in 2026?
As of March 9, 2026, ARKX is up 6.34% year-to-date (YTD), while MISL has returned 13.74%. That puts MISL better performer ahead so far this year.
Which ETF is attracting more investor money: ARKX or MISL?
Year-to-date, the ARKX ETF saw +$177M in flows, compared to +$75M for MISL.
Which ETF is more volatile: ARKX or MISL?
Over the past year, ARKX had a volatility of 32.37%, while MISL experienced 22.8%.
Which ETF is bigger: ARKX or MISL?
As of March 9, 2026, ARKX holds $726.51 M in assets under management (AUM), while MISL manages $1.55 B.
What sectors do the ARKX and MISL ETFs invest in?
ARKX leans toward sectors like Industrials and Information Technology. Meanwhile, MISL focuses on Industrials.
What are the top holdings of the ARKX ETF and MISL ETF?
ARKX top holdings include L3 HARRIS TECHNOLOGIES, KRATOS DEFENSE AND SECURITY SOLS and TERADYNE. MISL holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and BOEING U.
Which ETF is more diversified: ARKX or MISL?
ARKX holds 28 securities with 68.94% of its assets in the top 15. MISL has 37 securities and a top 15 weight of 78%.
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