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MISL - ETF AI Analysis
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First Trust Indxx Aerospace & Defense ETF (MISL)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Rocket Lab USA and AST SpaceMobile, have delivered strong year-to-date performance, boosting the ETF's returns.
Sector Focus on Industrials
The ETF's heavy exposure to the aerospace and defense sector aligns with a historically resilient industry during periods of geopolitical uncertainty.
Healthy Year-to-Date Performance
The fund has shown steady growth year-to-date, indicating positive momentum for investors.
Negative Factors
High Concentration in U.S. Market
The ETF is almost entirely focused on U.S. companies, limiting diversification across global markets.
Overweight in Industrials
Nearly 89% of the portfolio is concentrated in the industrials sector, increasing vulnerability to sector-specific risks.
Relatively High Expense Ratio
The ETF's expense ratio is higher than many passive funds, which could reduce net returns for long-term investors.
MISL vs. SPDR S&P 500 ETF (SPY)
AUM1.12B
RegionNorth America
Expense Ratio0.60%
Beta0.85
IssuerFirst Trust
Inception DateOct 25, 2022
Dividend Yield0.76%
Asset ClassEquity
Index TrackedIndxx US Aerospace & Defense Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,486,380
30 Day Avg. Volume569,763
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
48.04Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering38
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MISL Summary
The First Trust Indxx Aerospace & Defense ETF (ticker: MISL) is an investment fund that focuses on companies in the aerospace and defense industries. It tracks the Indxx Aerospace & Defense Index, which includes major players like Boeing and Lockheed Martin, as well as emerging innovators in aviation, space exploration, and defense technology. This ETF could be appealing for investors looking to benefit from growth in global security and cutting-edge aerospace advancements. However, it’s important to note that its performance is closely tied to the aerospace and defense sector, which can be affected by government spending and geopolitical events.
How much will it cost me?The expense ratio for the First Trust Indxx Aerospace & Defense ETF (MISL) is 0.6%, which means you’ll pay $6 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specialized sector, requiring more research and management effort.
What would affect this ETF?The MISL ETF, focused on aerospace and defense, could benefit from increased government spending on defense and advancements in space exploration, which may drive growth for its top holdings like Boeing and Lockheed Martin. However, it may face challenges from potential defense budget cuts, geopolitical tensions, or regulatory changes impacting the sector. Additionally, economic slowdowns could negatively affect demand for aerospace innovation and technology.
MISL Top 10 Holdings
The First Trust Indxx Aerospace & Defense ETF (MISL) is heavily concentrated in U.S. industrials, with aerospace and defense giants like RTX, General Dynamics, and GE Aerospace driving much of its performance. GE Aerospace is a standout, rising steadily thanks to strong revenue growth and raised guidance, while RTX and General Dynamics show mixed momentum, balancing solid backlogs with valuation concerns. On the flip side, Boeing is dragging the fund, struggling with financial challenges despite a robust order book. Overall, the ETF’s focus on innovation and defense positions it well, though some names face turbulence.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| RTX | 9.32% | $103.04M | $241.25B | 54.83% | 74 Outperform | |
| Boeing | 8.80% | $97.38M | $161.87B | 19.53% | 54 Neutral | |
| General Dynamics | 8.37% | $92.60M | $91.16B | 28.27% | 80 Outperform | |
| GE Aerospace | 8.31% | $91.89M | $315.10B | 82.67% | 72 Outperform | |
| Lockheed Martin | 7.79% | $86.17M | $110.39B | -1.69% | 70 Outperform | |
| Howmet Aerospace | 4.30% | $47.62M | $78.47B | 77.54% | 67 Neutral | |
| HEICO | 4.14% | $45.83M | $37.50B | 29.36% | 74 Outperform | |
| Transdigm Group | 4.10% | $45.36M | $71.56B | 1.83% | 69 Neutral | |
| L3Harris Technologies | 3.95% | $43.74M | $52.91B | 30.60% | 70 Neutral | |
| Northrop Grumman | 3.75% | $41.51M | $81.17B | 20.64% | 76 Outperform |
MISL Technical Analysis
Negative
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Price Trends
41.68
Negative
40.58
Negative
37.01
Positive
Market Momentum
0.03
Negative
45.67
Neutral
36.14
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MISL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 40.68, equal to the 50-day MA of 41.68, and equal to the 200-day MA of 37.01, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 45.67 is Neutral, neither overbought nor oversold. The STOCH value of 36.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MISL.
MISL Peer Comparison
Comparison Results
Performance Comparison
MISL
First Trust Indxx Aerospace & Defense ETF
40.56
10.46
34.75%
PPA
Invesco Aerospace & Defense ETF
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AIRR
First Trust RBA American Industrial Renaissance ETF
―
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VIS
Vanguard Industrials ETF
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XAR
SPDR S&P Aerospace & Defense ETF
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IYJ
iShares U.S. Industrials ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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