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MISLvsGCADETF Comparison

ETF 1

MISL

First Trust Indxx Aerospace & Defense ETF

Full MISL fund page

VS

ETF 2

GCAD

Gabelli Commercial Aerospace & Defense ETF

Full GCAD fund page

First Trust Indxx Aerospace & Defense ETF (MISL) and Gabelli Commercial Aerospace & Defense ETF (GCAD) belong to the same industry segment: . MISL's top 3 sector exposures are Industrials, Communication Services and Information Technology. In contrast, GCAD's top sector exposures are Industrials, Materials and Communication Services. MISL is less expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.9% for GCAD. MISL is up 3.36% year-to-date (YTD) with +$150M in YTD flows. GCAD performs better with 7.35% YTD performance, and +$12M in YTD flows. Run a side-by-side ETF comparison of MISL and GCAD 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 GCAD performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/30/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MISL GCAD	+2.52%+3.84%	-9.52%-4.54%	+3.36%+7.35%	+40.09%+45.60%	+101.22%+109.97%	n/an/a
Flows	MISL GCAD	+$58M+$794K	+$168M+$10M	+$150M+$12M	+$1.25B+$16M	+$1.33B+$19M	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MISL GCAD	+27.36%+24.29%	+21.17%+18.11%	+18.98%+18.16%	n/an/a
Max drawdown	MISL GCAD	-15.14%-14.81%	-15.51%-14.81%	-17.72%-16.22%	n/an/a
Max drawdown duration	MISL GCAD	59d58d	101d58d	184d91d	n/an/a

Trading data

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	MISL	GCAD
Last sale 5/1/2026 at 1:30 PM	$43.79	$50.80
Previous close 04/29/2026	$44.21	$51.10
Consolidated volume 04/29/2026
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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GCAD

is actively managed and doesn’t replicate an index

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	MISL	GCAD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/1/2026 at 1:30 PM

Live

Closed

	MISL	GCAD
Last price	$43.79	$50.80
1D performance	-0.95%	-0.59%
AuM	$1.48 B	$27.37 M
E/R	0.6%	0.9%

Characteristics

	MISL	GCAD
Management strategy	Passive	Active
Provider	First Trust	Gabelli Funds
Benchmark	Indxx US Aerospace and Defense Index	-
N° of holdings	31	38
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	October 26, 2022	January 3, 2023
ESG	No	No

More MISL data on Trackinsight

More GCAD data on Trackinsight

Exposure

Countries

MISL

USA

96.34%

Other

3.66%

GCAD

USA

87.87%

Other

12.13%

Sectors

MISL

Industrials

85.12%

Other

14.88%

GCAD

Industrials

85.62%

Other

14.38%

Diversification

MISL

Total weight of top 15 holdings out of 15

78.69%

GCAD

Total weight of top 15 holdings out of 15

63.19%

Top 15 holdings

Data as of March 31, 2026

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%

GCAD

ALBANY INTERNATIONAL

5.94%

BOEING U

5.92%

LOCKHEED MARTIN

5.83%

NORTHROP GRUMMAN

5.79%

MOOG

5.30%

HEXCEL

4.58%

TEXTRON

4.58%

HONEYWELL INTL

4.21%

DUCOMMUN

3.86%

L3 HARRIS TECHNOLOGIES

3.60%

MERCURY SYSTEMS INC

2.90%

GENERAL DYNAMICS

2.87%

HOWMET AEROSPACE INC

2.77%

CURTISS WRIGHT

2.72%

ASTRONICS

2.33%

Frequently asked questions about MISL and GCAD

How have the MISL and GCAD ETFs performed in 2026?

As of April 30, 2026, MISL is up 3.36% year-to-date (YTD), while GCAD has returned 7.35%. That puts GCAD better performer ahead so far this year.

Which ETF is attracting more investor money: MISL or GCAD?

Year-to-date, the MISL ETF saw +$150M in flows, compared to +$12M for GCAD.

Which ETF is more volatile: MISL or GCAD?

Over the past year, MISL had a volatility of 21.17%, while GCAD experienced 18.11%.

Which ETF is bigger: MISL or GCAD?

As of April 30, 2026, MISL holds $1.48 B in assets under management (AUM), while GCAD manages $27.37 M.

What sectors do the MISL and GCAD ETFs invest in?

MISL leans toward sectors like Industrials. Meanwhile, GCAD focuses on Industrials.

What are the top holdings of the MISL ETF and GCAD ETF?

MISL top holdings include LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL DYNAMICS. GCAD holds in its top three: ALBANY INTERNATIONAL, BOEING U and LOCKHEED MARTIN.

Which ETF is more diversified: MISL or GCAD?

MISL holds 37 securities with 78.69% of its assets in the top 15. GCAD has 40 securities and a top 15 weight of 63.19%.

Tony's ETF Buyers Guide: Aerospace & Defense ETFs

January 15, 2024

GCAD

Israel-Hamas War, Part 1: Implications for Aerospace & Defense ETFs

November 2, 2023

GCAD

MISLvsGCADETF Comparison

First Trust Indxx Aerospace & Defense ETF

Gabelli Commercial Aerospace & Defense ETF

MISL vs GCAD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the MISL and GCAD ETFs performed in 2026?

As of April 30, 2026, MISL is up 3.36% year-to-date (YTD), while GCAD has returned 7.35%. That puts GCAD better performer ahead so far this year.

Which ETF is attracting more investor money: MISL or GCAD?

Year-to-date, the MISL ETF saw +$150M in flows, compared to +$12M for GCAD.

Which ETF is more volatile: MISL or GCAD?

Over the past year, MISL had a volatility of 21.17%, while GCAD experienced 18.11%.

Which ETF is bigger: MISL or GCAD?

As of April 30, 2026, MISL holds $1.48 B in assets under management (AUM), while GCAD manages $27.37 M.

What sectors do the MISL and GCAD ETFs invest in?

MISL leans toward sectors like Industrials. Meanwhile, GCAD focuses on Industrials.

What are the top holdings of the MISL ETF and GCAD ETF?

MISL top holdings include LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL DYNAMICS. GCAD holds in its top three: ALBANY INTERNATIONAL, BOEING U and LOCKHEED MARTIN.

Which ETF is more diversified: MISL or GCAD?

MISL holds 37 securities with 78.69% of its assets in the top 15. GCAD has 40 securities and a top 15 weight of 63.19%.

Tony's ETF Buyers Guide: Aerospace & Defense ETFs

Israel-Hamas War, Part 1: Implications for Aerospace & Defense ETFs

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