

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.

iShares U.S. Aerospace & Defense ETF offers a lower expense ratio and significantly higher assets under management than First Trust Indxx Aerospace & Defense ETF. First Trust Indxx Aerospace & Defense ETF includes technology exposure like Palantir Technologies Inc. while iShares U.S. Aerospace & Defense ETF is concentrated in industrials.

Defense spending is surging while airline profits are under pressure. The choice between these two funds comes down to which story you believe in more.

SpaceX stock is popping up in an increasing number of ETFs. The stock appears in much more than dedicated space ETFs.

The First Trust Indxx Aerospace & Defense ETF is rated Buy, offering diversified exposure to aerospace, defense, and space technology growth catalysts. MISL benefits from expanding US defense budgets, increased aircraft production, and robust demand for MRO and space infrastructure services. Key holdings stand to gain from rising munitions production, operationalizing the Golden Dome program, and supply chain expansion.

iShares U.S. Aerospace & Defense ETF offers a more cost-effective way to track the sector. First Trust Indxx Aerospace & Defense ETF has significantly outperformed over the trailing 12 months.
SEC filings for MISL aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.