

Invesco Aerospace & Defense ETF has a much larger assets under management (AUM) and a slightly lower expense ratio than First Trust Indxx Aerospace & Defense ETF. First Trust Indxx Aerospace & Defense ETF offers a more concentrated portfolio with 39 holdings, while Invesco Aerospace & Defense ETF provides broader exposure with 68 holdings.

If you're interested in broad exposure to the Industrials - Aerospace & Defense segment of the equity market, look no further than the First Trust Indxx Aerospace & Defense ETF (MISL), a passively managed exchange traded fund launched on October 25, 2022.

Boeing's $20B Navy win adds to a string of defense and commercial orders. Here are the ETFs offering exposure to the aerospace giant.

The First Trust Indxx Aerospace & Defense ETF (MISL) offers diversified exposure to surging U.S. defense spending, especially amid escalating demand for munitions and advanced defense systems. FY 2027 defense procurement requests show unprecedented growth, with munitions up 185% and missile orders far exceeding historical averages, supporting robust industry backlogs.

The Tema Space Innovators ETF manages more assets under management (AUM) but carries a higher expense ratio than First Trust Indxx Aerospace & Defense ETF. The First Trust Indxx Aerospace & Defense ETF offers a broader portfolio with 49 holdings compared to the 37 positions in the Tema fund.

ARK Space & Defense Innovation ETF has a higher expense ratio and higher historical volatility than First Trust Indxx Aerospace & Defense ETF. ARK Space & Defense Innovation ETF delivered a higher 1-year total return but has experienced a significantly deeper maximum drawdown.

The First Trust Indxx Aerospace & Defense ETF (MISL) was launched on October 25, 2022, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Aerospace & Defense segment of the equity market.

XAR's lower expense ratio and broader mid-cap exposure contrast with MISL's concentrated holdings in industry giants.
SEC filings for MISL aren't indexed yet (common for recently launched funds). Browse the issuer's filings on SEC EDGAR directly.