First Trust Indxx Aerospace & Defense ETF (MISL)
MISL is a passive ETF by First Trust tracking the investment results of the Indxx US Aerospace & Defense Index - Benchmark TR Gross. MISL launched on Oct 25, 2022 and has a 0.60% expense ratio.
ETF Info
US33733E8315
Oct 25, 2022
1x
Indxx US Aerospace & Defense Index - Benchmark TR Gross
Mid-Cap
Blend
Expense Ratio
MISL has an expense ratio of 0.60%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
First Trust Indxx Aerospace & Defense ETF (MISL) returned 13.60% year-to-date (YTD) and 23.00% over the past 12 months.
MISL
13.60%
8.90%
7.34%
23.00%
N/A
N/A
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of MISL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.91% | -3.59% | 0.40% | 4.72% | 8.90% | 13.60% | |||||||
| 2024 | -1.98% | 5.49% | 3.46% | -0.67% | 6.11% | -2.25% | 8.68% | 3.81% | 0.53% | -1.42% | 3.45% | -5.51% | 20.47% |
| 2023 | 1.23% | 0.40% | -0.96% | -0.84% | -4.14% | 9.20% | 1.44% | -1.31% | -6.44% | 4.37% | 7.00% | 5.02% | 14.78% |
| 2022 | 4.03% | 3.23% | 0.78% | 8.23% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 80, MISL is among the top 20% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for First Trust Indxx Aerospace & Defense ETF (MISL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
First Trust Indxx Aerospace & Defense ETF provided a 0.65% dividend yield over the last twelve months, with an annual payout of $0.22 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $0.22 | $0.23 | $0.16 | $0.02 |
Dividend yield | 0.65% | 0.74% | 0.63% | 0.08% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Indxx Aerospace & Defense ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | |||||||
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.14 | $0.23 |
| 2023 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.10 | $0.16 |
| 2022 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Indxx Aerospace & Defense ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Trust Indxx Aerospace & Defense ETF was 17.92%, occurring on Apr 4, 2025. Recovery took 28 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.92% | Nov 12, 2024 | 98 | Apr 4, 2025 | 28 | May 15, 2025 | 126 |
| -10.18% | Aug 2, 2023 | 46 | Oct 5, 2023 | 27 | Nov 13, 2023 | 73 |
| -7.93% | Feb 21, 2023 | 70 | May 31, 2023 | 14 | Jun 21, 2023 | 84 |
| -5.48% | Aug 1, 2024 | 5 | Aug 7, 2024 | 6 | Aug 15, 2024 | 11 |
| -5.16% | Oct 22, 2024 | 8 | Oct 31, 2024 | 6 | Nov 8, 2024 | 14 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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