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MISLvsXLIETF Comparison

ETF 1
MISL

First Trust Indxx Aerospace & Defense ETF

VS
ETF 2
XLI

State Street Industrial Select Sector SPDR ETF

This fund is part of
US Industrials
+0.57%

First Trust Indxx Aerospace & Defense ETF (MISL) belongs to the segment. State Street Industrial Select Sector SPDR ETF (XLI) is part of the US Industrials segment. MISL's top 3 sector exposures are Industrials and Communication Services. In contrast, XLI's top sector exposures are Industrials and Information Technology. MISL is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.08% for XLI. MISL is up 10.26% year-to-date (YTD) with -$565M in YTD flows. XLI performs better with 13.95% YTD performance, and +$1.94B in YTD flows. Run a side-by-side ETF comparison of MISL and XLI 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 XLI performance and flow charts

Performance

-4.0-2.00.02.04.06.08.0%May 11May 18May 26Jun 2Jun 9

Cumulative Flows

-1.2 B-1 B-0.8 B-0.6 B-0.4 B-0.2 B0 BMay 11May 18May 26Jun 2Jun 9

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

Historic performance and flows
Data as of 06/11/2026
1M3MYTD1Y3Y5Y
Perf.
MISL
XLI
+3.31%+1.09%
-2.76%+6.94%
+10.26%+13.95%
+33.95%+24.12%
+110.48%+78.69%
n/a+84.55%
Flows
MISL
XLI
-$152M-$335M
-$640M+$537M
-$565M+$1.94B
+$527M+$4.52B
+$613M+$6.29B
-+$217M
Volatility and drawdown
3M1Y3Y5Y
Volatility
MISL
XLI
+29.93%+21.52%
+23.20%+16.20%
+19.69%+16.42%
n/a+17.60%
Max drawdown
MISL
XLI
-11.39%-5.63%
-15.51%-12.21%
-17.72%-18.43%
n/a-21.70%
Max drawdown duration
MISL
XLI
77d21d
143d102d
184d165d
n/a526d
Trading data

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MISL
XLI
Last sale
6/12/2026 at 1:30 PM
$46.06
$176.18
Previous close
06/12/2026
$47.09
$175.15
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
XLI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/12/2026 at 1:30 PM
Live
Closed
MISL
XLI
Last price
$46.06
$176.18
1D performance
-2.19%
+0.59%
AuM$827.09 M$31.07 B
E/R0.6%0.08%
Characteristics
MISL
XLI
Management strategyPassivePassive
ProviderFirst TrustState Street Investment Management
BenchmarkIndxx US Aerospace and Defense IndexS&P Industrial Select Sector Index
N° of holdings2877
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateOctober 26, 2022December 16, 1998
ESGNoNo
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Exposure

Countries

MISL
USA
78.01%
Other
21.99%
XLI
USA
92.73%
Ireland
7.19%
Other
0.08%

Sectors

MISL
Industrials
74.81%
Other
25.19%
XLI
Industrials
91.43%
Other
8.57%
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Diversification

MISL

Total weight of top 15 holdings out of 15

67.49%
XLI

Total weight of top 15 holdings out of 15

50.62%

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%
XLI
CATERPILLAR
7.61%
GENERAL ELECTRIC
5.59%
US36828A1016
5.36%
RAYTHEON TECHNOLOGIES CORPORD
4.34%
BOEING U
3.30%
EATON CORP PLC
3.09%
UNION PACIFIC U
2.94%
UBER TECHNOLOGIES INC
2.82%
DEERE
2.73%
HONEYWELL INTL
2.50%
VERTIV HOLDINGS
2.31%
PARKER HANNIFIN
2.11%
TRANE TECHNOLOGIES PLC
2.00%
QUANTA SERVICES
1.99%
LOCKHEED MARTIN
1.93%
Frequently asked questions about MISL and XLI

How have the MISL and XLI ETFs performed in 2026?

As of June 11, 2026, MISL is up 10.26% year-to-date (YTD), while XLI has returned 13.95%. That puts XLI better performer ahead so far this year.

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

Year-to-date, the MISL ETF saw -$565M in flows, compared to +$1.94B for XLI.

Which ETF is more volatile: MISL or XLI?

Over the past year, MISL had a volatility of 23.2%, while XLI experienced 16.2%.

Which ETF is bigger: MISL or XLI?

As of June 11, 2026, MISL holds $827.09 M in assets under management (AUM), while XLI manages $31.07 B.

What sectors do the MISL and XLI ETFs invest in?

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

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

MISL top holdings include BOEING U, GENERAL ELECTRIC and RAYTHEON TECHNOLOGIES CORPORD. XLI holds in its top three: CATERPILLAR, GENERAL ELECTRIC and US36828A1016.

Which ETF is more diversified: MISL or XLI?

MISL holds 28 securities with 67.49% of its assets in the top 15. XLI has 79 securities and a top 15 weight of 50.62%.

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