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First Trust Indxx Aerospace & Defense ETF (MISL) Alternatives

First Trust Indxx Aerospace & Defense ETF (MISL) belongs to the Industrials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MISL. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to MISL

MISL charges 0.60% annually. Among ETFs in the Industrials Equities category, these options have the lowest expense ratios among MISL alternatives.


Best Risk-Adjusted Alternatives to MISL

Among ETFs in the Industrials Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.


Top Performing MISL Alternatives (YTD)

MISL alternatives from the Industrials Equities category, sorted by year-to-date return.


Lowest Volatility Alternatives to MISL

MISL alternatives from the Industrials Equities category, sorted by annualized volatility over the past year.


Lowest Drawdown Alternatives to MISL

MISL alternatives from the Industrials Equities category, sorted by maximum drawdown over the past year.


Other ETFs from First Trust

Most popular First Trust ETFs on PortfoliosLab, across asset classes.


Often Compared With MISL

What investors most often compare with MISL, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnInception
Global X Defense Tech ETFTechnology Equities
92
9.34%
Sep 11, 2023MISL vs SHLD
iShares U.S. Aerospace & Defense ETFIndustrials Equities, Aerospace & Defense
89
1.96%
May 5, 2006MISL vs ITA
Invesco QQQ ETFLarge Cap Growth Equities
69
-5.93%
Mar 10, 1999MISL vs QQQ
State Street SPDR S&P 500 ETFS&P 500
64
-4.37%
Jan 22, 1993MISL vs SPY
Vanguard S&P 500 ETFS&P 500
65
-4.42%
Sep 7, 2010MISL vs VOO
Fidelity MSCI Real Estate Index ETFREIT
16
0.98%
Feb 2, 2015MISL vs FREL
Invesco Variable Rate Investment Grade ETFUltrashort Bond
99
0.90%
Sep 20, 2016MISL vs VRIG
Gabelli Financial Services Opportunities ETFFinancials Equities
9
-9.92%
May 9, 2022MISL vs GABF
SonicShares Global Shipping ETFTransportation Equities
96
29.88%
Aug 3, 2021MISL vs BOAT
SPDR S&P Kensho New Economies Composite ETFMid Cap Growth Equities, Technology Equities
63
-1.97%
Oct 22, 2018MISL vs KOMP
Themes Transatlantic Defense ETFAerospace & Defense
81
0.78%
Oct 10, 2024MISL vs NATO
Global X Defence Tech Index ETFAerospace & Defense
11.06%
Apr 21, 2025MISL vs SHLD.TO
First Trust Industrials/Producer Durables AlphaDEX...Industrials Equities
46
2.31%
May 8, 2007MISL vs FXR
Defiance Drone & Modern Warfare ETFAerospace & Defense
5.39%
Sep 25, 2025MISL vs JEDI
XPLR Infrastructure LP
50
6.20%
MISL vs XIFR
iShares Global Industrials ETFIndustrials Equities
79
3.23%
Sep 12, 2006MISL vs EXI
Direxion Daily Aerospace & Defense Bull 3X SharesLeveraged Equities, Leveraged, Aerospace & Defense
88
-1.16%
May 3, 2017MISL vs DFEN
Select STOXX Europe Aerospace & Defense ETFAerospace & Defense
43
-3.30%
Oct 22, 2024MISL vs EUAD
HANetf Future of Defence UCITS ETF - AccumulatingAerospace & Defense
78
2.08%
Jul 4, 2023MISL vs NATO.L
Procure Space ETFGlobal Equities, Aerospace & Defense
96
15.94%
Apr 11, 2019MISL vs UFO

Compare MISL with Any Fund or Stock

Compare MISL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.