MISLvsITAETF Comparison
ETF 1
MISL
First Trust Indxx Aerospace & Defense ETF
VS
ETF 2
ITA
iShares U.S. Aerospace & Defense ETF
First Trust Indxx Aerospace & Defense ETF (MISL) and iShares U.S. Aerospace & Defense ETF (ITA) belong to the same industry segment: . MISL's top 3 sector exposures are Industrials, Business Services and Telecommunications. In contrast, ITA's top sector exposures are Industrials, Non-Energy Materials and Non-Corporate. MISL is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.37% for ITA. MISL is down -3.08% year-to-date (YTD) with -$622M in YTD flows. ITA performs worse with -3.7% YTD performance, and -$216M in YTD flows. Run a side-by-side ETF comparison of MISL and ITA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
MISL vs ITA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MISL ITA | -1.08%-1.47% | -6.32%-15.39% | -3.08%-3.70% | -5.32%-5.50% | +90.29%+96.41% | n/a+105.28% |
| Flows | MISL ITA | -$10M-$73M | -$30M-$124M | -$622M-$216M | +$429M+$242M | +$532M+$2.67B | -+$5.11B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MISL ITA | +22.16%+19.07% | +25.35%+23.18% | +20.72%+20.30% | n/a+20.52% |
| Max drawdown | MISL ITA | -15.12%-20.02% | -19.82%-20.02% | -19.82%-20.02% | n/a-20.02% |
| Max drawdown duration | MISL ITA | 72d72d | 281d72d | 281d72d | n/a72d |
Trading data
MISL | ITA | |
Last sale 10/28/2026 at 1:30 PM | $41.56 | $207.74 |
| Previous close 10/27/2026 | $41.44 | $206.22 |
| Consolidated volume 10/27/2026 | ||
| 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
Create an account to view replication metrics
Join for free
MISL | ITA | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/28/2026 at 1:30 PM
Live
Closed
MISL | ITA | |
|---|---|---|
| Last price | $41.56 | $207.74 |
| 1D performance | +0.29% | +0.74% |
| AuM | $673.16 M | $12.04 B |
| E/R | 0.6% | 0.37% |
Characteristics
MISL | ITA | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | iShares |
| Benchmark | Indxx US Aerospace and Defense Index | Dow Jones U.S. Select Aerospace & Defense Index |
| N° of holdings | 38 | 48 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 26, 2022 | May 1, 2006 |
| ESG | No | No |
Advertisement
Exposure
Countries
MISL
USA
99.56%
Other
0.44%
ITA
USA
99.85%
Other
0.15%
Sectors
MISL
Industrials
75.5%
Business Services
13.13%
Telecommunication.
10.38%
Other
0.99%
ITA
Industrials
96%
Other
4%
Advertisement
Diversification
MISL
Total weight of top 15 holdings out of 15
78.47%
ITA
Total weight of top 15 holdings out of 15
87%
Top 15 holdings
Data as of August 31, 2026
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%
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%
Frequently asked questions about MISL and ITA
How have the MISL and ITA ETFs performed in 2026?
As of October 27, 2026, MISL is down -3.08% year-to-date (YTD), while ITA has lost -3.7%. That puts MISL better performer ahead so far this year.
Which ETF is attracting more investor money: MISL or ITA?
Year-to-date, the MISL ETF saw -$622M in flows, compared to -$216M for ITA.
Which ETF is more volatile: MISL or ITA?
Over the past year, MISL had a volatility of 25.35%, while ITA experienced 23.18%.
Which ETF is bigger: MISL or ITA?
As of October 27, 2026, MISL holds $673.16 M in assets under management (AUM), while ITA manages $12.04 B.
What sectors do the MISL and ITA ETFs invest in?
MISL leans toward sectors like Industrials, Business Services and Telecommunications. Meanwhile, ITA focuses on Industrials.
What are the top holdings of the MISL ETF and ITA ETF?
MISL top holdings include Palantir Technologies, Inc., RTX Corp. and Space Exploration Technologies Corp.. ITA holds in its top three: GE Aerospace, RTX Corp. and The Boeing Co..
Which ETF is more diversified: MISL or ITA?
MISL holds 38 securities with 78.47% of its assets in the top 15. ITA has 49 securities and a top 15 weight of 87%.
Advertisement
Latest news about MISL & ITA
ETF Comparison: iShares Defense Industrials Active ETF (IDEF) Versus iShares U.S. Aerospace & Defense ETF (ITA)
April 8, 2026
ITA
Advertisement
The Trump Pump: ETF Winners from the 2024 Presidential Election
November 6, 2024
ITA
The Trump Pump: ETF Winners from the 2024 Presidential Election
November 6, 2024
ITA
The Trump Trade: Which ETFs Stand to Benefit Most from a Second Donald Trump Presidency?
July 26, 2024
ITA
Notable ETF Filings Recap: April 2024
May 2, 2024
ITA
Advertisement
