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XLIvsMISLETF Comparison

ETF 1

XLI

State Street Industrial Select Sector SPDR ETF

This fund is part of

US Industrials

-0.79%

Full XLI fund page

VS

ETF 2

MISL

First Trust Indxx Aerospace & Defense ETF

Full MISL fund page

State Street Industrial Select Sector SPDR ETF (XLI) belongs to the US Industrials segment. First Trust Indxx Aerospace & Defense ETF (MISL) is part of the segment. XLI's top 3 sector exposures are Industrials and Information Technology. In contrast, MISL's top sector exposures are Industrials and Communication Services.Information Technology, XLI is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.6% for MISL. XLI is up 11.55% year-to-date (YTD) with +$1.82B in YTD flows. MISL performs worse with 4.31% YTD performance, and +$150M in YTD flows. Run a side-by-side ETF comparison of XLI and MISL 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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XLI vs MISL 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.	XLI MISL	+5.21%-2.63%	+5.25%-10.12%	+11.55%+4.31%	+35.49%+47.48%	+78.86%+101.94%	+83.78%n/a
Flows	XLI MISL	+$769M+$40M	+$1.41B+$136M	+$1.82B+$150M	+$4.35B+$1.24B	+$6.06B+$1.33B	-$522M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	XLI MISL	+19.83%+26.68%	+15.13%+20.94%	+16.25%+18.92%	+17.40%n/a
Max drawdown	XLI MISL	-12.21%-14.85%	-12.21%-15.22%	-18.43%-17.72%	-21.70%n/a
Max drawdown duration	XLI MISL	53d52d	53d94d	165d184d	526dn/a

Trading data

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	XLI	MISL
Last sale 4/27/2026 at 4:16 PM	$172.23	$43.69
Previous close 04/24/2026	$172.47	$43.76
Consolidated volume 04/24/2026
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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	XLI	MISL
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/27/2026 at 4:16 PM

Live

Closed

	XLI	MISL
Last price	$172.23	$43.69
1D performance	-0.14%	-0.16%
AuM	$30.31 B	$1.49 B
E/R	0.08%	0.6%

Characteristics

	XLI	MISL
Management strategy	Passive	Passive
Provider	State Street Investment Management	First Trust
Benchmark	S&P Industrial Select Sector Index	Indxx US Aerospace and Defense Index
N° of holdings	77	31
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 16, 1998	October 26, 2022
ESG	No	No

More XLI data on Trackinsight

More MISL data on Trackinsight

Exposure

Countries

XLI

USA

93.12%

Other

6.88%

MISL

USA

96.34%

Other

3.66%

Sectors

XLI

Industrials

91.84%

Other

8.16%

MISL

Industrials

85.12%

Other

14.88%

Diversification

XLI

Total weight of top 15 holdings out of 15

49.69%

MISL

Total weight of top 15 holdings out of 15

78.69%

Top 15 holdings

Data as of March 31, 2026

XLI

CATERPILLAR

6.53%

GENERAL ELECTRIC

5.89%

RAYTHEON TECHNOLOGIES CORPORD

5.13%

US36828A1016

4.66%

BOEING U

3.09%

UBER TECHNOLOGIES INC

2.93%

UNION PACIFIC U

2.85%

HONEYWELL INTL

2.84%

DEERE

2.81%

EATON CORP PLC

2.75%

LOCKHEED MARTIN

2.42%

PARKER HANNIFIN

2.24%

VERTIV HOLDINGS

1.90%

HOWMET AEROSPACE INC

1.83%

TRANE TECHNOLOGIES PLC

1.83%

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%

Frequently asked questions about XLI and MISL

How have the XLI and MISL ETFs performed in 2026?

As of April 24, 2026, XLI is up 11.55% year-to-date (YTD), while MISL has returned 4.31%. That puts XLI better performer ahead so far this year.

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

Year-to-date, the XLI ETF saw +$1.82B in flows, compared to +$150M for MISL.

Which ETF is more volatile: XLI or MISL?

Over the past year, XLI had a volatility of 15.13%, while MISL experienced 20.94%.

Which ETF is bigger: XLI or MISL?

As of April 24, 2026, XLI holds $30.31 B in assets under management (AUM), while MISL manages $1.49 B.

What sectors do the XLI and MISL ETFs invest in?

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

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

XLI top holdings include CATERPILLAR, GENERAL ELECTRIC and RAYTHEON TECHNOLOGIES CORPORD. MISL holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL DYNAMICS.

XLIvsMISLETF Comparison

State Street Industrial Select Sector SPDR ETF

First Trust Indxx Aerospace & Defense ETF

XLI vs MISL 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 XLI and MISL ETFs performed in 2026?

As of April 24, 2026, XLI is up 11.55% year-to-date (YTD), while MISL has returned 4.31%. That puts XLI better performer ahead so far this year.

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

Year-to-date, the XLI ETF saw +$1.82B in flows, compared to +$150M for MISL.

Which ETF is more volatile: XLI or MISL?

Over the past year, XLI had a volatility of 15.13%, while MISL experienced 20.94%.

Which ETF is bigger: XLI or MISL?

As of April 24, 2026, XLI holds $30.31 B in assets under management (AUM), while MISL manages $1.49 B.

What sectors do the XLI and MISL ETFs invest in?

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

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

XLI top holdings include CATERPILLAR, GENERAL ELECTRIC and RAYTHEON TECHNOLOGIES CORPORD. MISL holds in its top three: LOCKHEED MARTIN, RAYTHEON TECHNOLOGIES CORPORD and GENERAL DYNAMICS.

Which ETF is more diversified: XLI or MISL?

XLI holds 79 securities with 49.69% of its assets in the top 15. MISL has 37 securities and a top 15 weight of 78.69%.

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