MISLvsPPAETF Comparison
First Trust Indxx Aerospace & Defense ETF
Invesco Aerospace & Defense ETF
First Trust Indxx Aerospace & Defense ETF (MISL) and Invesco Aerospace & Defense ETF (PPA) belong to the same industry segment: . MISL's top 3 sector exposures are Industrials and Communication Services. In contrast, PPA's top sector exposures are Industrials and Information Technology.Materials, MISL is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.58% for PPA. MISL is up 10.26% year-to-date (YTD) with -$565M in YTD flows. PPA performs better with 11.21% YTD performance, and +$593M in YTD flows. Run a side-by-side ETF comparison of MISL and PPA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
MISL vs PPA performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MISL PPA | +3.31%+2.66% | -2.76%+0.09% | +10.26%+11.21% | +33.95%+28.89% | +110.48%+114.55% | n/a+133.64% |
| Flows | MISL PPA | -$152M-$28M | -$640M+$30M | -$565M+$593M | +$527M+$1.17B | +$613M+$2.88B | -+$3.90B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MISL PPA | +29.93%+26.10% | +23.20%+20.09% | +19.69%+18.09% | n/a+18.63% |
| Max drawdown | MISL PPA | -11.39%-9.08% | -15.51%-13.68% | -17.72%-15.16% | n/a-18.41% |
| Max drawdown duration | MISL PPA | 77d24d | 143d102d | 184d171d | n/a227d |
MISL | PPA | |
Last sale 6/15/2026 at 7:07 PM | $46.97 | $175.83 |
| Previous close 06/12/2026 | $46.06 | $174.13 |
| Consolidated volume 06/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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MISL | PPA | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
MISL | PPA | |
|---|---|---|
| Last price | $46.97 | $175.83 |
| 1D performance | +1.98% | +0.98% |
| AuM | $827.09 M | $8.20 B |
| E/R | 0.6% | 0.58% |
MISL | PPA | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | Invesco |
| Benchmark | Indxx US Aerospace and Defense Index | SPADE Defense Index |
| N° of holdings | 28 | 51 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 26, 2022 | October 26, 2005 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
