Key stats
About FIRST TRUST EXCHANGE TRADED FUND INDXX AEROSPACE & DEFENSE ETF USD
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Inception date
Oct 25, 2022
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
MISL provides concentrated exposure to the US aerospace and defense industry. The selection process starts with US companies that derive at least 50% of its revenue from the following sub-themes: 1) Advanced Aerospace and Defense which includes firms associated with Hypersonic, Directed Energy, Space Technologies, Unmanned Aerial Vehicle/Advanced Air Mobility, and Autonomous, Cybersecurity and C5ISR Systems, and 2) Traditional Aerospace and Defense, including manufacturers of materials, electronics, and telecommunications equipment used in aircraft for both defense and commercial aviation. Eligible securities must also meet size and liquidity criteria of the index. The top 50 securities are selected and weighted by market-cap. Single security weights are capped at 8% and the aggregate weight of securities with weights greater than or equal to 5% must not exceed 45%. The index reconstitutes semi-annually and rebalances quarterly
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stocks99.94%
Electronic Technology84.07%
Technology Services11.08%
Producer Manufacturing2.87%
Communications1.93%
Bonds, Cash & Other0.06%
Cash0.06%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history