ITAvsMISLETF Comparison
ETF 1
ITA
iShares U.S. Aerospace & Defense ETF
VS
ETF 2
MISL
First Trust Indxx Aerospace & Defense ETF
iShares U.S. Aerospace & Defense ETF (ITA) and First Trust Indxx Aerospace & Defense ETF (MISL) belong to the same industry segment: . ITA's top 3 sector exposures are Industrials, Non-Energy Materials and Non-Corporate. In contrast, MISL's top sector exposures are Industrials, Business Services and Telecommunications. ITA is less expensive with a Total Expense Ratio (TER) of 0.38%, versus 0.6% for MISL. ITA is up 12.06% year-to-date (YTD) with -$93M in YTD flows. MISL performs worse with 1.61% YTD performance, and -$578M in YTD flows. Run a side-by-side ETF comparison of ITA 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.
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ITA vs MISL performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ITA MISL | +1.72%-2.23% | +11.40%-2.58% | +12.06%+1.61% | +22.71%+10.35% | +109.87%+88.49% | +132.53%n/a |
| Flows | ITA MISL | -$120M-$18M | -$663M-$735M | -$93M-$578M | +$2.85B+$500M | +$2.58B+$599M | +$4.95B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ITA MISL | +25.32%+28.69% | +22.39%+24.13% | +20.03%+20.16% | +20.32%n/a |
| Max drawdown | ITA MISL | -8.52%-14.16% | -15.79%-16.91% | -15.79%-17.72% | -18.75%n/a |
| Max drawdown duration | ITA MISL | 18d56d | 122d185d | 122d184d | 227dn/a |
Trading data
ITA | MISL | |
Last sale 7/24/2026 at 1:30 PM | $240.14 | $43.48 |
| Previous close 07/23/2026 | $238.23 | $43.43 |
| Consolidated volume 07/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
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ITA | MISL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 7/24/2026 at 1:30 PM
Live
Closed
ITA | MISL | |
|---|---|---|
| Last price | $240.14 | $43.48 |
| 1D performance | +0.80% | +0.12% |
| AuM | $14.19 B | $749.21 M |
| E/R | 0.38% | 0.6% |
Characteristics
ITA | MISL | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | First Trust |
| Benchmark | Dow Jones U.S. Select Aerospace & Defense Index | Indxx US Aerospace and Defense Index |
| N° of holdings | 48 | 38 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 1, 2006 | October 26, 2022 |
| ESG | No | No |
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Exposure
Countries
ITA
USA
99.92%
Other
0.08%
MISL
USA
92.43%
Other
7.57%
Sectors
ITA
Industrials
95.89%
Other
4.11%
MISL
Industrials
80.23%
Business Services
8.28%
Other
11.49%
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Diversification
ITA
Total weight of top 15 holdings out of 15
86.26%
MISL
Total weight of top 15 holdings out of 15
77.73%
Top 15 holdings
Data as of June 30, 2026
ITA
GE Aerospace
22.61%
RTX Corp.
14.82%
The Boeing Co.
8.90%
TransDigm Group, Inc.
4.59%
Howmet Aerospace, Inc.
4.50%
General Dynamics Corp.
4.33%
Lockheed Martin Corp.
4.05%
Northrop Grumman Corp.
3.92%
L3Harris Technologies, Inc.
3.80%
Rocket Lab Corp.
3.63%
Axon Enterprise, Inc.
3.17%
Carpenter Technology Corp.
2.15%
Curtiss-Wright Corp.
1.96%
FTAI Aviation Ltd.
1.95%
ATI, Inc.
1.89%
MISL
GE Aerospace
8.93%
The Boeing Co.
7.38%
Palantir Technologies, Inc.
7.21%
US84615Q1031
7.19%
RTX Corp.
6.99%
Lockheed Martin Corp.
6.24%
Rocket Lab Corp.
5.40%
HEICO Corp.
4.45%
TransDigm Group, Inc.
3.98%
General Dynamics Corp.
3.98%
Howmet Aerospace, Inc.
3.89%
AST Spacemobile, Inc.
3.33%
L3Harris Technologies, Inc.
3.03%
Curtiss-Wright Corp.
2.90%
Northrop Grumman Corp.
2.83%
Frequently asked questions about ITA and MISL
How have the ITA and MISL ETFs performed in 2026?
As of July 24, 2026, ITA is up 12.06% year-to-date (YTD), while MISL has returned 1.61%. That puts ITA better performer ahead so far this year.
Which ETF is attracting more investor money: ITA or MISL?
Year-to-date, the ITA ETF saw -$93M in flows, compared to -$578M for MISL.
Which ETF is more volatile: ITA or MISL?
Over the past year, ITA had a volatility of 22.39%, while MISL experienced 24.13%.
Which ETF is bigger: ITA or MISL?
As of July 24, 2026, ITA holds $14.19 B in assets under management (AUM), while MISL manages $749.21 M.
What sectors do the ITA and MISL ETFs invest in?
ITA leans toward sectors like Industrials. Meanwhile, MISL focuses on Industrials and Business Services.
What are the top holdings of the ITA ETF and MISL ETF?
ITA top holdings include GE Aerospace, RTX Corp. and The Boeing Co.. MISL holds in its top three: GE Aerospace, The Boeing Co. and Palantir Technologies, Inc..
Which ETF is more diversified: ITA or MISL?
ITA holds 50 securities with 86.26% of its assets in the top 15. MISL has 38 securities and a top 15 weight of 77.73%.
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