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, 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 0.87% year-to-date (YTD) with +$635M in YTD flows. MISL performs better with 3.36% YTD performance, and +$150M 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 05/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ITA MISL | -3.31%+2.52% | -6.34%-9.52% | +0.87%+3.36% | +37.12%+40.09% | +93.78%+101.22% | +110.90%n/a |
| Flows | ITA MISL | +$142M+$58M | -$294M+$168M | +$635M+$150M | +$4.39B+$1.25B | +$2.96B+$1.33B | +$5.60B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ITA MISL | +27.10%+27.36% | +20.31%+21.17% | +19.21%+18.98% | +20.05%n/a |
| Max drawdown | ITA MISL | -15.79%-15.14% | -15.79%-15.51% | -15.79%-17.72% | -18.75%n/a |
| Max drawdown duration | ITA MISL | 60d59d | 60d101d | 60d184d | 227dn/a |
Trading data
ITA | MISL | |
Last sale 5/4/2026 at 1:30 PM | $214.33 | $43.62 |
| Previous close 05/01/2026 | $216.27 | $43.79 |
| Consolidated volume 05/01/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of April 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 5/4/2026 at 1:30 PM
Live
Closed
ITA | MISL | |
|---|---|---|
| Last price | $214.33 | $43.62 |
| 1D performance | -0.90% | -0.39% |
| AuM | $13.49 B | $1.48 B |
| 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 | 36 | 31 |
| 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
97.87%
Other
2.13%
MISL
USA
96.34%
Other
3.66%
Sectors
ITA
Industrials
90.12%
Other
9.88%
MISL
Industrials
85.12%
Other
14.88%
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Diversification
ITA
Total weight of top 15 holdings out of 15
85.18%
MISL
Total weight of top 15 holdings out of 15
78.69%
Top 15 holdings
Data as of March 31, 2026
ITA
GENERAL ELECTRIC
19.03%
RAYTHEON TECHNOLOGIES CORPORD
16.55%
BOEING U
8.91%
GENERAL DYNAMICS
4.77%
L3 HARRIS TECHNOLOGIES
4.66%
LOCKHEED MARTIN
4.58%
NORTHROP GRUMMAN
4.58%
TRANSDIGM GROUP
4.53%
HOWMET AEROSPACE INC
4.50%
AXON ENTERPRISE INC
2.83%
US7731211089
2.55%
KYG3730V1059
2.12%
CURTISS WRIGHT
2.12%
WOODWARD
1.80%
ATI INC
1.67%
MISL
LOCKHEED MARTIN
9.55%
RAYTHEON TECHNOLOGIES CORPORD
8.67%
GENERAL DYNAMICS
8.32%
GENERAL ELECTRIC
7.64%
BOEING U
7.42%
NORTHROP GRUMMAN
4.73%
HOWMET AEROSPACE INC
4.60%
L3 HARRIS TECHNOLOGIES
4.42%
AST SPACEMOBILE
3.61%
TRANSDIGM GROUP
3.54%
KYG3730V1059
3.35%
CURTISS WRIGHT
3.33%
HEICO
3.27%
US7731211089
3.24%
WOODWARD
3.00%
Frequently asked questions about ITA and MISL
How have the ITA and MISL ETFs performed in 2026?
As of May 1, 2026, ITA is up 0.87% year-to-date (YTD), while MISL has returned 3.36%. 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 +$635M in flows, compared to +$150M for MISL.
Which ETF is more volatile: ITA or MISL?
Over the past year, ITA had a volatility of 20.31%, while MISL experienced 21.17%.
Which ETF is bigger: ITA or MISL?
As of May 1, 2026, ITA holds $13.49 B in assets under management (AUM), while MISL manages $1.48 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 GENERAL DYNAMICS.
Which ETF is more diversified: ITA or MISL?
ITA holds 45 securities with 85.18% of its assets in the top 15. MISL has 37 securities and a top 15 weight of 78.69%.
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