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 0.37%, versus 0.6% for MISL. ITA is down -4.46% year-to-date (YTD) with -$257M in YTD flows. MISL performs better with -4.38% YTD performance, and -$622M 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 10/22/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ITA MISL | -4.43%-4.30% | -11.42%-3.69% | -4.46%-4.38% | -2.52%-3.03% | +95.63%+86.98% | +96.36%n/a |
| Flows | ITA MISL | -$72M-$14M | -$153M-$43M | -$257M-$622M | +$157M+$429M | +$2.61B+$532M | +$5.07B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ITA MISL | +19.83%+22.53% | +23.19%+25.38% | +20.25%+20.68% | +20.51%n/a |
| Max drawdown | ITA MISL | -19.48%-14.88% | -19.48%-19.59% | -19.48%-19.59% | -19.48%n/a |
| Max drawdown duration | ITA MISL | 67d67d | 67d276d | 67d276d | 67dn/a |
Trading data
ITA | MISL | |
Last sale 10/23/2026 at 1:30 PM | $202.23 | $40.77 |
| Previous close 10/22/2026 | $204.48 | $40.86 |
| Consolidated volume 10/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 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 10/23/2026 at 1:30 PM
Live
Closed
ITA | MISL | |
|---|---|---|
| Last price | $202.23 | $40.77 |
| 1D performance | -1.10% | -0.22% |
| AuM | $11.90 B | $664.14 M |
| E/R | 0.37% | 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
99.85%
Other
0.15%
MISL
USA
99.56%
Other
0.44%
Sectors
ITA
Industrials
96%
Other
4%
MISL
Industrials
75.5%
Business Services
13.13%
Telecommunication.
10.38%
Other
0.99%
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Diversification
ITA
Total weight of top 15 holdings out of 15
87%
MISL
Total weight of top 15 holdings out of 15
78.47%
Top 15 holdings
Data as of August 31, 2026
ITA
GE Aerospace
21.58%
RTX Corp.
17.24%
The Boeing Co.
9.07%
General Dynamics Corp.
4.83%
Lockheed Martin Corp.
4.74%
Northrop Grumman Corp.
4.41%
Howmet Aerospace, Inc.
4.35%
TransDigm Group, Inc.
4.29%
L3Harris Technologies, Inc.
3.70%
Axon Enterprise, Inc.
3.40%
Rocket Lab Corp.
2.43%
ATI, Inc.
2.08%
Carpenter Technology Corp.
1.76%
Curtiss-Wright Corp.
1.60%
Woodward, Inc.
1.51%
MISL
Palantir Technologies, Inc.
11.60%
RTX Corp.
8.56%
Space Exploration Technologies Corp.
8.00%
The Boeing Co.
7.57%
GE Aerospace
7.53%
Lockheed Martin Corp.
4.25%
Northrop Grumman Corp.
4.04%
General Dynamics Corp.
4.03%
Howmet Aerospace, Inc.
3.85%
HEICO Corp.
3.79%
L3Harris Technologies, Inc.
3.71%
TransDigm Group, Inc.
3.66%
Rocket Lab Corp.
3.15%
AST SpaceMobile, Inc.
2.38%
Curtiss-Wright Corp.
2.35%
Frequently asked questions about ITA and MISL
How have the ITA and MISL ETFs performed in 2026?
As of October 22, 2026, ITA is down -4.46% year-to-date (YTD), while MISL has lost -4.38%. 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 -$257M in flows, compared to -$622M for MISL.
Which ETF is more volatile: ITA or MISL?
Over the past year, ITA had a volatility of 23.19%, while MISL experienced 25.38%.
Which ETF is bigger: ITA or MISL?
As of October 22, 2026, ITA holds $11.90 B in assets under management (AUM), while MISL manages $664.14 M.
What sectors do the ITA and MISL ETFs invest in?
ITA leans toward sectors like Industrials. Meanwhile, MISL focuses on Industrials, Business Services and Telecommunications.
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: Palantir Technologies, Inc., RTX Corp. and Space Exploration Technologies Corp..
Which ETF is more diversified: ITA or MISL?
ITA holds 49 securities with 87% of its assets in the top 15. MISL has 38 securities and a top 15 weight of 78.47%.
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