First Trust Indxx Aerospace & Defense ETF (MISL)

Key Metrics

TER 0.60% per year

Distribution policy Distributing

Fund size USD 802 M

Inception date October 25, 2022

Holdings 40

Fund currency USD

Fund domicile US

Provider First Trust

For full official fund details, factsheets, and holdings, visit ftportfolios.com (opens in new tab).

Historical Return

Last updated: Oct 01, 2026

1 Year -0.4% +0.3% Div

3 Years (avg.) +24.3% +0.3% Div

5 Years (avg.) +15.0% +0.3% Div

Risk & Analysis Metrics

Last updated: Oct 01, 2026

Volatility

24.30% 1 Year

20.31% 3 Years

19.35% 5 Years

19.35% 10 Years

Max Drawdown

-18.45% 1 Year

-18.45% 3 Years

-18.45% 5 Years

-18.45% 10 Years

Sharpe Ratio

-0.07 1 Year

0.91 3 Years

0.76 5 Years

0.76 10 Years

Return Triangle (Heatmap)

Last updated: Oct 01, 2026

	2022	2023	2024	2025
2022	8.1%	11.1%	14.2%	20.4%
2023		14.2%	17.4%	24.8%
2024			20.6%	30.4%
2025				40.9%

Distributions

*by ETF Portfolio Weight Last updated: Oct 01, 2026

Profit Margin Distribution

< 0%

12%

1y 3y N/A N/A

0 - 5%

10%

1y 3y N/A N/A

5 - 10%

33%

1y 3y N/A N/A

10 - 15%

10%

1y 3y N/A N/A

15 - 20%

18%

1y 3y N/A N/A

20 - 30%

1y 3y N/A N/A

30 - 40%

1y 3y N/A N/A

> 40%

1y 3y N/A N/A

P/E Ratio Distribution

< 0

19%

1y 3y N/A N/A

0 - 10

1y 3y N/A N/A

10 - 15

1y 3y N/A N/A

15 - 20

11%

1y 3y N/A N/A

20 - 25

1y 3y N/A N/A

25 - 35

15%

1y 3y N/A N/A

35 - 50

23%

1y 3y N/A N/A

> 50

21%

1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation

N/A

Undervalued

> 60%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

15 - 30%

1y 3y N/A N/A

Fair (±15%)

1y 3y N/A N/A

Overvalued

15 - 30%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

> 60%

1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap

0.0%

1y 3y N/A N/A

Small Cap

0.1%

1y 3y N/A N/A

Mid Cap

9.3%

1y 3y N/A N/A

Large Cap

59.5%

1y 3y N/A N/A

Mega Cap

31.1%

1y 3y N/A N/A

Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Average metrics of all companies in portfolio

Last updated: Oct 04, 2026

Market
Average

Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares.	$284B	-
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price.	0.68%	2.02%
Beta Indicates the relationship between the price performance of a share and the market.	0.97	-
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth.	49.81	23.08
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything	-134.29	-
Profitable Companies	80%	-
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued.	37.48	19.24
Price to Sales Ratio Market cap divided by the revenue in the most recent year.	11.76	9.85
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company	16.7	12.6

Market
Average

Enterprise Value to EBIT Enterprise Value divided by EBIT	35.94	11.97
Enterprise Value to Revenue Enterprise value divided by revenue	10.39	13.3
Total Debt to Enterprise Value Total debt divided by enterprise value	0.14	0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary.	2.32	0.32
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability.	9.02%	21.62%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago.	+59.8%	+55.1%
Return on Equity Equity divided by market cap.	24.21%	1.73%
Return on Assets Indicates a company's profitability in relation to its total assets.	6.39%	3.97%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits.	11.81%	3.60%

Sectors

Manufacturing	71.3%
Information	10.1%
Industrials	7.8%
Professional, Scientific, and Technical Services	3.5%
Real Estate and Rental and Leasing	3.4%
Construction	0.5%
Other	3.5%

Countries

United States	99.8%
Other	0.2%

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%

Market Cap

P/E Ratio

Total Investment

Weight

GE Aerospace

GE - Manufacturing

Market Cap $321.19B

P/E Ratio 36.3

Dividends 0.5%

Total Investment $71.51M

Weight 8.92%

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Space Exploration Technologies Corp.

SPCX - Industrials

Market Cap $2.1T

P/E Ratio -93.5

Dividends 0.0%

Total Investment $62.61M

Weight 7.81%

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Boeing Co.

BA - Manufacturing

Market Cap $152.98B

P/E Ratio 72.5

Dividends 0.0%

Total Investment $58.69M

Weight 7.32%

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RTX Corp

RTX - Manufacturing

Market Cap $248.9B

P/E Ratio 32.1

Dividends 1.5%

Total Investment $55.54M

Weight 6.93%

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Palantir Technologies Inc - Ordinary Shares - Class A

PLTR - Information

Market Cap $433.38B

P/E Ratio 149.8

Dividends 0.0%

Total Investment $53.75M

Weight 6.70%

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Lockheed Martin Corp.

LMT - Manufacturing

Market Cap $116.64B

P/E Ratio 18.5

Dividends 2.7%

Total Investment $48.98M

Weight 6.11%

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Rocket Lab USA Inc

RKLB - Manufacturing

Market Cap $42.79B

P/E Ratio -267.0

Dividends 0.0%

Total Investment $44.07M

Weight 5.50%

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Heico Corp.

HEI - Manufacturing

Market Cap $42.14B

P/E Ratio 49.7

Dividends 0.1%

Total Investment $35.42M

Weight 4.42%

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Transdigm Group Incorporated

TDG - Manufacturing

Market Cap $60.99B

P/E Ratio 33.1

Dividends 0.0%

Total Investment $32.55M

Weight 4.06%

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Howmet Aerospace Inc

HWM - Manufacturing

Market Cap $92.53B

P/E Ratio 49.5

Dividends 0.2%

Total Investment $31.39M

Weight 3.91%

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General Dynamics Corp.

GD - Manufacturing

Market Cap $89.31B

P/E Ratio 19.8

Dividends 1.9%

Total Investment $31.18M

Weight 3.89%

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AST SpaceMobile Inc - Ordinary Shares - Class A

ASTS - Information

Market Cap $23.78B

P/E Ratio -27.1

Dividends 0.0%

Total Investment $27.62M

Weight 3.44%

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L3Harris Technologies Inc

LHX - Manufacturing

Market Cap $44.06B

P/E Ratio 23.8

Dividends 2.1%

Total Investment $24.24M

Weight 3.02%

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Curtiss-Wright Corp.

CW - Manufacturing

Market Cap $20.16B

P/E Ratio 37.3

Dividends 0.2%

Total Investment $23.29M

Weight 2.90%

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FTAI Aviation Ltd - Ordinary Shares - Class A

FTAI - Real Estate and Rental and Leasing

Market Cap $17.13B

P/E Ratio 35.8

Dividends 1.0%

Total Investment $23.14M

Weight 2.89%

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Northrop Grumman Corp.

NOC - Manufacturing

Market Cap $67.91B

P/E Ratio 15.2

Dividends 2.0%

Total Investment $22.3M

Weight 2.78%

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Woodward Inc

WWD - Manufacturing

Market Cap $19.76B

P/E Ratio 35.9

Dividends 0.4%

Total Investment $21.15M

Weight 2.64%

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Textron Inc.

TXT - Manufacturing

Market Cap $13.29B

P/E Ratio 14.6

Dividends 0.1%

Total Investment $13.32M

Weight 1.66%

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Moog, Inc. - Ordinary Shares - Class A

MOG.A - Manufacturing

Market Cap

P/E Ratio

Dividends

Total Investment $11.22M

Weight 1.40%

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Leidos Holdings Inc

LDOS - Professional, Scientific, and Technical Services

Market Cap $14.81B

P/E Ratio 10.9

Dividends 1.5%

Total Investment $10.81M

Weight 1.35%

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Key Metrics

Compare similar ETFs

Historical Return

Risk & Analysis Metrics

Volatility

Max Drawdown

Sharpe Ratio

Return Triangle (Heatmap)

Distributions

Profit Margin Distribution

P/E Ratio Distribution

Discounted Cash Flow

Market Cap Size Distribution

Portfolio Concentration

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Average metrics of all companies in portfolio

Sectors

Countries

Stock Screener

GE Aerospace

GE Aerospace

Space Exploration Technologies Corp.

Space Exploration Technologies Corp.

Boeing Co.

Boeing Co.

RTX Corp

RTX Corp

Palantir Technologies Inc - Ordinary Shares - Class A

Palantir Technologies Inc - Ordinary Shares - Class A

Lockheed Martin Corp.

Lockheed Martin Corp.

Rocket Lab USA Inc

Rocket Lab USA Inc

Heico Corp.

Heico Corp.

Transdigm Group Incorporated

Transdigm Group Incorporated

Howmet Aerospace Inc

Howmet Aerospace Inc

General Dynamics Corp.

General Dynamics Corp.

AST SpaceMobile Inc - Ordinary Shares - Class A

AST SpaceMobile Inc - Ordinary Shares - Class A

L3Harris Technologies Inc

L3Harris Technologies Inc

Curtiss-Wright Corp.

Curtiss-Wright Corp.

FTAI Aviation Ltd - Ordinary Shares - Class A

FTAI Aviation Ltd - Ordinary Shares - Class A

Northrop Grumman Corp.

Northrop Grumman Corp.

Woodward Inc

Woodward Inc

Textron Inc.

Textron Inc.

Moog, Inc. - Ordinary Shares - Class A

Moog, Inc. - Ordinary Shares - Class A

Leidos Holdings Inc

Leidos Holdings Inc

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