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MISLvsIYTETF Comparison

ETF 1

MISL

First Trust Indxx Aerospace & Defense ETF

This fund is part of

US Large Cap

+0.11%

Full MISL fund page

VS

ETF 2

IYT

iShares U.S. Transportation ETF

This fund is part of

US Industrials

+0.02%

Full IYT fund page

First Trust Indxx Aerospace & Defense ETF (MISL) belongs to the US Large Cap segment. iShares U.S. Transportation ETF (IYT) is part of the US Industrials segment. MISL's top 3 sector exposures are Industrials, Communication Services and Information Technology. In contrast, IYT's top sector exposures are Industrials, MISL is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.38% for IYT. MISL is up 2.38% year-to-date (YTD) with +$150M in YTD flows. IYT performs better with 9.86% YTD performance, and +$939M in YTD flows. Run a side-by-side ETF comparison of MISL and IYT 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 IYT 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 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MISL IYT	-4.11%+12.52%	-10.57%+6.99%	+2.38%+9.86%	+41.75%+37.39%	+98.22%+55.22%	n/a+28.46%
Flows	MISL IYT	+$35M+$925M	+$166M+$1.00B	+$150M+$939M	+$1.24B+$1.17B	+$1.33B+$877M	--$260M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MISL IYT	+26.80%+24.08%	+20.94%+20.78%	+18.94%+21.21%	n/a+22.16%
Max drawdown	MISL IYT	-14.85%-12.03%	-15.22%-12.03%	-17.72%-26.31%	n/a-29.10%
Max drawdown duration	MISL IYT	53d54d	95d54d	184d372d	n/a764d

Trading data

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	MISL	IYT
Last sale 4/27/2026 at 1:30 PM	$43.88	$81.60
Previous close 04/27/2026	$43.76	$81.35
Consolidated volume 04/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	MISL	IYT
Last price	$43.88	$81.60
1D performance	+0.27%	+0.31%
AuM	$1.46 B	$1.98 B
E/R	0.6%	0.38%

Characteristics

	MISL	IYT
Management strategy	Passive	Passive
Provider	First Trust	iShares
Benchmark	Indxx US Aerospace and Defense Index	S&P Transportation Select Industry FMC Capped index (USD)
N° of holdings	31	41
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 26, 2022	October 6, 2003
ESG	No	No

More MISL data on Trackinsight

More IYT data on Trackinsight

Exposure

Countries

MISL

USA

96.34%

Other

3.66%

IYT

USA

99.06%

Other

0.94%

Sectors

MISL

Industrials

85.12%

Other

14.88%

IYT

Industrials

98.7%

Other

1.3%

Diversification

MISL

Total weight of top 15 holdings out of 15

78.69%

IYT

Total weight of top 15 holdings out of 15

85.76%

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%

IYT

UBER TECHNOLOGIES INC

16.64%

UNION PACIFIC U

16.18%

FEDEX

8.66%

DELTA AIR LINES

5.11%

OLD DOMINION

4.70%

CSX

4.62%

UNITED AIRLINES HOLDINGS

4.61%

UNITED PARCEL SERVICE-CL

4.43%

NORFOLK SOUTHERN

4.38%

XPO LOGISTICS

3.55%

CH ROBINSON WW

3.07%

EXPEDITORS INTERNATIONAL OF WASN

2.99%

SOUTHWEST AIRLS

2.88%

JB HUNT TRANSPORT SERVICES

2.47%

SAIA

1.46%

Frequently asked questions about MISL and IYT

How have the MISL and IYT ETFs performed in 2026?

As of April 24, 2026, MISL is up 2.38% year-to-date (YTD), while IYT has returned 9.86%. That puts IYT better performer ahead so far this year.

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

Year-to-date, the MISL ETF saw +$150M in flows, compared to +$939M for IYT.

Which ETF is more volatile: MISL or IYT?

Over the past year, MISL had a volatility of 20.94%, while IYT experienced 20.78%.

Which ETF is bigger: MISL or IYT?

As of April 24, 2026, MISL holds $1.46 B in assets under management (AUM), while IYT manages $1.98 B.

What sectors do the MISL and IYT ETFs invest in?

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

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

MISL top holdings include LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL DYNAMICS. IYT holds in its top three: UBER TECHNOLOGIES INC, UNION PACIFIC U and FEDEX.

Which ETF is more diversified: MISL or IYT?

MISL holds 37 securities with 78.69% of its assets in the top 15. IYT has 45 securities and a top 15 weight of 85.76%.

Notable ETF Filings Recap: April 2024

May 2, 2024

IYT

MISLvsIYTETF Comparison

First Trust Indxx Aerospace & Defense ETF

iShares U.S. Transportation ETF

MISL vs IYT 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 IYT ETFs performed in 2026?

As of April 24, 2026, MISL is up 2.38% year-to-date (YTD), while IYT has returned 9.86%. That puts IYT better performer ahead so far this year.

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

Year-to-date, the MISL ETF saw +$150M in flows, compared to +$939M for IYT.

Which ETF is more volatile: MISL or IYT?

Over the past year, MISL had a volatility of 20.94%, while IYT experienced 20.78%.

Which ETF is bigger: MISL or IYT?

As of April 24, 2026, MISL holds $1.46 B in assets under management (AUM), while IYT manages $1.98 B.

What sectors do the MISL and IYT ETFs invest in?

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

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

MISL top holdings include LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL DYNAMICS. IYT holds in its top three: UBER TECHNOLOGIES INC, UNION PACIFIC U and FEDEX.

Which ETF is more diversified: MISL or IYT?

MISL holds 37 securities with 78.69% of its assets in the top 15. IYT has 45 securities and a top 15 weight of 85.76%.

Notable ETF Filings Recap: April 2024

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