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ITAvsMISLETF Comparison
First Trust Indxx Aerospace & Defense ETF
iShares U.S. Aerospace & Defense ETF (ITA) belongs to the US Large Cap segment. First Trust Indxx Aerospace & Defense ETF (MISL) is part of the segment. ITA's top 3 sector exposures are Industrials, Materials and Information Technology. In contrast, MISL's top sector exposures are Industrials, Communication Services and Information Technology. ITA is less expensive with a Total Expense Ratio (TER) of 0.38%, versus 0.6% for MISL. ITA is up 11.29% year-to-date (YTD) with +$2.09B in YTD flows. MISL performs better with 13.39% YTD performance, and +$83M 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.
ITA vs MISL performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ITA MISL | +3.40%+1.82% | +14.68%+15.01% | +11.29%+13.39% | +62.04%+64.21% | +117.61%+125.25% | +142.83%n/a |
| Flows | ITA MISL | +$966M+$86M | +$2.35B+$1.06B | +$2.09B+$83M | +$5.79B+$1.17B | +$4.59B+$1.27B | +$7.07B- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ITA MISL | +22.87%+26.50% | +22.68%+22.79% | +18.52%+18.37% | +19.65%n/a |
| Max drawdown | ITA MISL | -7.32%-7.46% | -15.22%-11.76% | -15.22%-17.72% | -18.75%n/a |
| Max drawdown duration | ITA MISL | 39d51d | 37d30d | 37d184d | 227dn/a |
ITA | MISL | |
Last sale 3/12/2026 at 1:30 PM | $231.49 | $47.32 |
| Previous close 03/11/2026 | $238.68 | $48.46 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
ITA | MISL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
ITA | MISL | |
|---|---|---|
| Last price | $231.49 | $47.32 |
| 1D performance | -3.01% | -2.35% |
| AuM | $16.38 B | $1.55 B |
| E/R | 0.38% | 0.6% |
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 | 35 | 31 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 1, 2006 | 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 ITA and MISL ETFs performed in 2026?
As of March 11, 2026, ITA is up 11.29% year-to-date (YTD), while MISL has returned 13.39%. That puts MISL better performer ahead so far this year.
Which ETF is attracting more investor money: ITA or MISL?
Year-to-date, the ITA ETF saw +$2.09B in flows, compared to +$83M for MISL.
Which ETF is more volatile: ITA or MISL?
Over the past year, ITA had a volatility of 22.68%, while MISL experienced 22.79%.
Which ETF is bigger: ITA or MISL?
As of March 11, 2026, ITA holds $16.38 B in assets under management (AUM), while MISL manages $1.55 B.
What sectors do the ITA and MISL ETFs invest in?
ITA leans toward sectors like Industrials. Meanwhile, MISL focuses on Industrials.
What are the top holdings of the ITA ETF and MISL ETF?
ITA top holdings include GENERAL ELECTRIC, RAYTHEON TECHNOLOGIES CORPORD and BOEING U. MISL holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and BOEING U.
Which ETF is more diversified: ITA or MISL?
ITA holds 42 securities with 85.29% of its assets in the top 15. MISL has 37 securities and a top 15 weight of 78%.
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