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 and Communication Services. In contrast, ITA's top sector exposures are Industrials and Materials.Consumer Discretionary, MISL is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.38% for ITA. MISL is up 10.26% year-to-date (YTD) with -$565M in YTD flows. ITA performs worse with 9.12% YTD performance, and -$104M 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.
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MISL vs ITA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MISL ITA | +3.31%+3.81% | -2.76%+1.19% | +10.26%+9.12% | +33.95%+31.08% | +110.48%+106.45% | n/a+118.87% |
| Flows | MISL ITA | -$152M-$598M | -$640M-$2.20B | -$565M-$104M | +$527M+$3.22B | +$613M+$2.39B | -+$4.98B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MISL ITA | +29.93%+29.16% | +23.20%+21.98% | +19.69%+19.79% | n/a+20.36% |
| Max drawdown | MISL ITA | -11.39%-9.54% | -15.51%-15.79% | -17.72%-15.79% | n/a-18.75% |
| Max drawdown duration | MISL ITA | 77d57d | 143d102d | 184d102d | n/a227d |
Trading data
MISL | ITA | |
Last sale 6/15/2026 at 1:30 PM | $46.82 | $237.25 |
| Previous close 06/12/2026 | $46.06 | $233.79 |
| Consolidated volume 06/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of May 29, 2026
1-year trailing difference
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MISL | ITA | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 6/15/2026 at 1:30 PM
Live
Closed
MISL | ITA | |
|---|---|---|
| Last price | $46.82 | $237.25 |
| 1D performance | +1.65% | +1.48% |
| AuM | $827.09 M | $13.82 B |
| E/R | 0.6% | 0.38% |
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 | 28 | 36 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 26, 2022 | May 1, 2006 |
| ESG | No | No |
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Exposure
Countries
MISL
USA
78.01%
Other
21.99%
ITA
USA
97.85%
Other
2.15%
Sectors
MISL
Industrials
74.81%
Other
25.19%
ITA
Industrials
89.17%
Other
10.83%
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Diversification
MISL
Total weight of top 15 holdings out of 15
67.49%
ITA
Total weight of top 15 holdings out of 15
84.91%
Top 15 holdings
Data as of April 30, 2026
MISL
BOEING U
8.96%
GENERAL ELECTRIC
7.92%
RAYTHEON TECHNOLOGIES CORPORD
7.36%
LOCKHEED MARTIN
7.05%
TRANSDIGM GROUP
4.04%
HOWMET AEROSPACE INC
4.02%
GENERAL DYNAMICS
3.95%
L3 HARRIS TECHNOLOGIES
3.88%
HEICO
3.76%
NORTHROP GRUMMAN
3.62%
AST SPACEMOBILE
3.20%
CURTISS WRIGHT
3.11%
WOODWARD
2.59%
LEIDOS HOLDINGS INC
2.20%
TEXTRON
1.83%
ITA
GENERAL ELECTRIC
19.43%
RAYTHEON TECHNOLOGIES CORPORD
15.10%
BOEING U
10.25%
GENERAL DYNAMICS
4.78%
HOWMET AEROSPACE INC
4.75%
TRANSDIGM GROUP
4.53%
L3 HARRIS TECHNOLOGIES
4.32%
LOCKHEED MARTIN
3.92%
NORTHROP GRUMMAN
3.88%
US7731211089
3.27%
AXON ENTERPRISE INC
2.67%
CURTISS WRIGHT
2.24%
KYG3730V1059
2.16%
WOODWARD
1.82%
CARPENTER TECHNOLOGY
1.80%
Frequently asked questions about MISL and ITA
How have the MISL and ITA ETFs performed in 2026?
As of June 11, 2026, MISL is up 10.26% year-to-date (YTD), while ITA has returned 9.12%. 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 -$565M in flows, compared to -$104M for ITA.
Which ETF is more volatile: MISL or ITA?
Over the past year, MISL had a volatility of 23.2%, while ITA experienced 21.98%.
Which ETF is bigger: MISL or ITA?
As of June 11, 2026, MISL holds $827.09 M in assets under management (AUM), while ITA manages $13.82 B.
What sectors do the MISL and ITA ETFs invest in?
MISL leans toward sectors like Industrials. Meanwhile, ITA focuses on Industrials.
What are the top holdings of the MISL ETF and ITA ETF?
MISL top holdings include BOEING U, GENERAL ELECTRIC and RAYTHEON TECHNOLOGIES CORPORD. ITA holds in its top three: GENERAL ELECTRIC, RAYTHEON TECHNOLOGIES CORPORD and BOEING U.
Which ETF is more diversified: MISL or ITA?
MISL holds 28 securities with 67.49% of its assets in the top 15. ITA has 45 securities and a top 15 weight of 84.91%.
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