MISL - ETF AI Analysis
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First Trust Indxx Aerospace & Defense ETF (MISL)
Rating:64Neutral
Price Target:―
Positive Factors
Established Aerospace & Defense Focus
The ETF targets well-known aerospace and defense companies, giving investors focused exposure to a specialized industry.
Several Strong-Performing Core Holdings
Key positions like GE Aerospace, Howmet Aerospace, General Dynamics, HEICO, and Lockheed Martin have shown strong year-to-date performance, helping support the fund despite some weaker names.
Large Asset Base
The fund manages a sizable amount of assets, which can indicate investor confidence and help with trading liquidity.
Negative Factors
Recent Weak Performance
The ETF has shown weak returns over the past month, three months, and year to date, suggesting recent pressure on the aerospace and defense sector.
High Concentration in Top Holdings
A small group of stocks makes up a large share of the portfolio, increasing the impact that any single company’s performance can have on the fund.
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are eaten up by fees over time.
MISL vs. SPDR S&P 500 ETF (SPY)
AUM723.71M
RegionNorth America
Expense Ratio0.65%
Beta0.97
IssuerFirst Trust
Inception DateOct 25, 2022
Dividend Yield0.38%
Asset ClassEquity
Index TrackedIndxx US Aerospace & Defense Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume110,849
30 Day Avg. Volume423,881
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
56.73Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering39
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 involved in aviation, space, and military technology. Its holdings include well-known names like Boeing, RTX, GE Aerospace, and Lockheed Martin, along with newer tech-focused firms such as Palantir. Investors might consider MISL if they want targeted exposure to the growth potential of aerospace innovation and defense spending, instead of buying individual stocks. However, this fund is concentrated in one sector, so its price can rise or fall sharply with changes in defense budgets, geopolitical events, and overall market conditions.
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 essentially a bet on U.S. aerospace and defense, with heavy exposure to industrial giants and a dash of defense-focused tech. RTX, Lockheed Martin, Howmet Aerospace, and General Dynamics have been the steady engines of the fund, rising on strong backlogs and solid earnings. On the flip side, Boeing’s ongoing struggles and SpaceX’s recent slide are acting like headwinds, while Palantir and Northrop Grumman show more mixed momentum. Overall, the ETF is concentrated in a tight cluster of U.S. defense names, making sector sentiment a major driver of returns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| RTX | 9.09% | $65.98M | $290.10B | 36.05% | 74 Outperform | |
| Boeing | 8.25% | $59.93M | $169.15B | -0.42% | 54 Neutral | |
| GE Aerospace | 8.21% | $59.59M | $363.80B | 30.97% | 72 Outperform | |
| Palantir Technologies | 8.01% | $58.15M | $294.87B | -22.79% | 74 Outperform | |
| SpaceX | 6.41% | $46.57M | $1.49T | ― | ― | |
| Lockheed Martin | 4.56% | $33.08M | $131.37B | 36.37% | 70 Outperform | |
| Howmet Aerospace | 4.25% | $30.87M | $109.15B | 54.24% | 67 Neutral | |
| General Dynamics | 4.23% | $30.73M | $103.02B | 22.65% | 80 Outperform | |
| HEICO | 4.19% | $30.43M | $41.37B | 8.38% | 77 Outperform | |
| Northrop Grumman | 4.12% | $29.88M | $76.01B | -7.24% | 76 Outperform |
MISL Technical Analysis
Negative
―
Price Trends
45.21
Negative
45.47
Negative
45.20
Negative
Market Momentum
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 43.70, equal to the 50-day MA of 45.21, and equal to the 200-day MA of 45.20, indicating a bearish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, 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
43.03
4.05
10.39%
FXR
First Trust Industrials/Producer Durables AlphaDEX Fund
―
―
―
PKB
Invesco Dynamic Building & Construction ETF
―
―
―
XTN
SPDR S&P Transportation ETF
―
―
―
PRN
Invesco DWA Industrials Momentum ETF
―
―
―
WELD
Tema U.S. Manufacturing & Reshoring ETF
―
―
―
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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