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
Replication method
Physical
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 Portfolios 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
Stocks99.94%
Electronic Technology84.59%
Technology Services9.21%
Communications3.28%
Producer Manufacturing2.86%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MISL invests in stocks. The fund's major sectors are Electronic Technology, with 84.59% stocks, and Technology Services, with 9.21% of the basket. The assets are mostly located in the North America region.
MISL top holdings are RTX Corporation and GE Aerospace, occupying 8.40% and 8.30% of the portfolio correspondingly.
MISL last dividends amounted to 0.53 MXN. The quarter before, the issuer paid 0.73 MXN in dividends, which shows a 37.58% decrease.
Yes, MISL pays dividends to its holders with the dividend yield of 0.57%. The last dividend (Jun 30, 2025) amounted to 0.53 MXN. The dividends are paid quarterly.
MISL shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Oct 25, 2022, and its management style is Passive.
MISL expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
MISL follows the Indxx US Aerospace & Defense Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MISL invests in stocks.
MISL price has risen by 6.32% over the last month, and its yearly performance shows a 15.83% increase. See more dynamics on MISL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.78% over the last month, showed a 19.18% increase in three-month performance and has increased by 34.28% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.78% over the last month, showed a 19.18% increase in three-month performance and has increased by 34.28% in a year.
MISL trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.