MISLvsARKXETF Comparison
ETF 1
MISL
First Trust Indxx Aerospace & Defense ETF
VS
First Trust Indxx Aerospace & Defense ETF (MISL) belongs to the segment. ARK Space & Defense Innovation ETF (ARKX) is part of the Multiple Trends segment. MISL's top 3 sector exposures are Industrials, Business Services and Telecommunications. In contrast, ARKX's top sector exposures are Industrials, Technology and Telecommunications. MISL is less expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.76% for ARKX. MISL is down -0.07% year-to-date (YTD) with -$624M in YTD flows. ARKX performs better with 3.47% YTD performance, and +$184M in YTD flows. Run a side-by-side ETF comparison of MISL and ARKX 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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MISL vs ARKX performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MISL ARKX | +2.07%-2.83% | +0.70%+4.83% | -0.07%+3.47% | -1.17%-1.08% | +95.25%+142.67% | n/a+54.01% |
| Flows | MISL ARKX | -$12M-$22M | -$32M-$92M | -$624M+$184M | +$427M+$211M | +$530M+$228M | -+$90M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MISL ARKX | +21.45%+24.67% | +25.49%+32.41% | +20.77%+28.29% | n/a+27.63% |
| Max drawdown | MISL ARKX | -15.12%-15.05% | -19.82%-21.57% | -19.82%-25.02% | n/a-43.35% |
| Max drawdown duration | MISL ARKX | 74d74d | 283d154d | 283d130d | n/a1166d |
Trading data
MISL | ARKX | |
Last sale 10/30/2026 at 5:11 PM | $41.67 | $29.64 |
| Previous close 10/29/2026 | $42.72 | $30.99 |
| Consolidated volume 10/29/2026 | ||
| 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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ARKX
is actively managed and doesn’t replicate an indexMISL | ARKX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/30/2026 at 5:11 PM
Live
Closed
MISL | ARKX | |
|---|---|---|
| Last price | $41.67 | $29.64 |
| 1D performance | -2.46% | -4.37% |
| AuM | $691.98 M | $711.52 M |
| E/R | 0.6% | 0.76% |
Characteristics
MISL | ARKX | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | First Trust | Ark Investment |
| Benchmark | Indxx US Aerospace and Defense Index | - |
| N° of holdings | 39 | 33 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 26, 2022 | March 30, 2021 |
| ESG | No | No |
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Exposure
Countries
MISL
USA
99.78%
Other
0.22%
ARKX
USA
88.06%
Other
11.94%
Sectors
MISL
Industrials
73.73%
Business Services
14.34%
Telecommunication.
11.21%
Other
0.72%
ARKX
Industrials
49.31%
Technology
25.78%
Telecommunication.
11.31%
Other
13.6%
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Diversification
MISL
Total weight of top 15 holdings out of 15
78.84%
ARKX
Total weight of top 15 holdings out of 15
74.9%
Top 15 holdings
Data as of September 30, 2026
MISL
Palantir Technologies, Inc.
12.75%
Space Exploration Technologies Corp.
8.67%
RTX Corp.
8.03%
GE Aerospace
7.40%
The Boeing Co.
7.36%
Lockheed Martin Corp.
4.11%
Northrop Grumman Corp.
3.80%
General Dynamics Corp.
3.77%
HEICO Corp.
3.71%
Rocket Lab Corp.
3.70%
TransDigm Group, Inc.
3.62%
Howmet Aerospace, Inc.
3.59%
L3Harris Technologies, Inc.
3.49%
AST SpaceMobile, Inc.
2.54%
Curtiss-Wright Corp.
2.30%
ARKX
Space Exploration Technologies Corp.
10.84%
L3Harris Technologies, Inc.
6.17%
Rocket Lab Corp.
5.86%
Deere & Co.
5.60%
Kratos Defense & Security Solutions, Inc.
5.49%
NVIDIA Corp.
5.37%
AeroVironment, Inc.
4.61%
Advanced Micro Devices, Inc.
4.52%
Amazon.com, Inc.
4.48%
Teradyne, Inc.
4.14%
Alphabet, Inc.
3.99%
Palantir Technologies, Inc.
3.89%
Komatsu Ltd.
3.38%
Tesla, Inc.
3.32%
Trimble, Inc.
3.24%
Frequently asked questions about MISL and ARKX
How have the MISL and ARKX ETFs performed in 2026?
As of October 29, 2026, MISL is down -0.07% year-to-date (YTD), while ARKX has returned 3.47%. That puts ARKX better performer ahead so far this year.
Which ETF is attracting more investor money: MISL or ARKX?
Year-to-date, the MISL ETF saw -$624M in flows, compared to +$184M for ARKX.
Which ETF is more volatile: MISL or ARKX?
Over the past year, MISL had a volatility of 25.49%, while ARKX experienced 32.41%.
Which ETF is bigger: MISL or ARKX?
As of October 29, 2026, MISL holds $691.98 M in assets under management (AUM), while ARKX manages $711.52 M.
What sectors do the MISL and ARKX ETFs invest in?
MISL leans toward sectors like Industrials, Business Services and Telecommunications. Meanwhile, ARKX focuses on Industrials, Technology and Telecommunications.
What are the top holdings of the MISL ETF and ARKX ETF?
MISL top holdings include Palantir Technologies, Inc., Space Exploration Technologies Corp. and RTX Corp.. ARKX holds in its top three: Space Exploration Technologies Corp., L3Harris Technologies, Inc. and Rocket Lab Corp..
Which ETF is more diversified: MISL or ARKX?
MISL holds 39 securities with 78.84% of its assets in the top 15. ARKX has 34 securities and a top 15 weight of 74.9%.
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Latest news about MISL & ARKX
Tony's ETF Buyer's Guide: Investing in the Space Industry
May 15, 2026
ARKX
There's an ETF for that? The 3 Best ETFs for Investing in Space
March 20, 2024
ARKX
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