MISL - ETF AI Analysis
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First Trust Indxx Aerospace & Defense ETF (MISL)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and over recent months, indicating solid momentum in its aerospace and defense holdings.
Leading Defense Companies in Top Holdings
Major positions in well-known defense contractors like Lockheed Martin, Boeing, and RTX have delivered generally strong results, helping support the fund’s overall performance.
Meaningful Fund Size
With over a billion dollars in assets, the ETF is a sizable fund, which can help with trading liquidity and long-term viability.
Negative Factors
High Sector Concentration
The portfolio is heavily focused on industrials and aerospace and defense, so it may be more sensitive to downturns or policy changes affecting this single industry.
Almost Entirely U.S.-Focused
With nearly all assets in U.S. companies, the fund offers little geographic diversification and is highly tied to the U.S. market and defense spending environment.
Above-Average Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of the returns are used to cover fees instead of staying with investors.
MISL vs. SPDR S&P 500 ETF (SPY)
AUM1.47B
RegionNorth America
Expense Ratio0.60%
Beta0.89
IssuerFirst Trust
Inception DateOct 25, 2022
Dividend Yield0.36%
Asset ClassEquity
Index TrackedIndxx US Aerospace & Defense Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume267,873
30 Day Avg. Volume458,166
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
57.20Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering38
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MISL Summary
MISL is an ETF that follows the Indxx Aerospace & Defense Index, focusing on U.S. companies in aviation, space, and military technology. It holds well-known names like Lockheed Martin and Boeing, along with other firms involved in aircraft, satellites, and defense systems. Someone might invest in MISL to seek growth from long-term spending on defense and space, while getting instant diversification across many companies in this niche. A key risk is that it is heavily concentrated in the aerospace and defense sector, so its price can swing sharply with changes in government budgets, wars, or political decisions.
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
MISL is a pure U.S. aerospace and defense play, with the heavy hitters in the cockpit. Lockheed Martin, RTX, and Northrop Grumman have been steady to rising over the past few months, helping to power the fund despite some recent turbulence. On the flip side, GE Aerospace, Boeing, and TransDigm have been losing altitude this year, acting as a drag on returns. A small but fast-moving name like AST SpaceMobile adds a speculative spark, but overall this ETF is tightly tied to the fortunes of big defense contractors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lockheed Martin | 9.49% | $142.30M | $143.62B | 40.22% | 70 Outperform | |
| RTX | 8.54% | $128.05M | $261.75B | 45.16% | 74 Outperform | |
| General Dynamics | 8.22% | $123.29M | $95.31B | 30.76% | 80 Outperform | |
| GE Aerospace | 7.61% | $114.15M | $311.04B | 43.01% | 72 Outperform | |
| Boeing | 7.02% | $105.35M | $156.76B | 11.80% | 54 Neutral | |
| Northrop Grumman | 4.61% | $69.13M | $98.10B | 36.30% | 76 Outperform | |
| Howmet Aerospace | 4.57% | $68.51M | $96.88B | 80.12% | 67 Neutral | |
| L3Harris Technologies | 4.33% | $64.89M | $65.75B | 66.10% | 70 Neutral | |
| AST SpaceMobile | 4.06% | $60.87M | $36.70B | 252.00% | 54 Neutral | |
| Rocket Lab USA | 3.54% | $53.16M | $41.50B | 274.90% | 57 Neutral |
MISL Technical Analysis
Neutral
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Price Trends
48.69
Negative
45.44
Positive
42.34
Positive
Market Momentum
-0.69
Positive
42.01
Neutral
26.06
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MISL, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 48.09, equal to the 50-day MA of 48.69, and equal to the 200-day MA of 42.34, indicating a neutral trend. The MACD of -0.69 indicates Positive momentum. The RSI at 42.01 is Neutral, neither overbought nor oversold. The STOCH value of 26.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MISL.
MISL Peer Comparison
Comparison Results
Performance Comparison
MISL
First Trust Indxx Aerospace & Defense ETF
46.52
16.38
54.35%
AIRR
First Trust RBA American Industrial Renaissance ETF
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PPA
Invesco Aerospace & Defense 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.
DisclaimerThis 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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