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Name

As of 12/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Indxx Aerospace & Defense ETF

MISL | ETF

$30.60

$118 M

1.77%

$0.54

0.60%

Vitals

YTD Return

21.1%

1 yr return

22.4%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$118 M

Holdings in Top 10

59.9%

52 WEEK LOW AND HIGH

$30.2
$24.47
$33.70

Expenses

OPERATING FEES

Expense Ratio 0.60%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 12/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Indxx Aerospace & Defense ETF

MISL | ETF

$30.60

$118 M

1.77%

$0.54

0.60%

MISL - Profile

Distributions

  • YTD Total Return 21.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust Indxx Aerospace & Defense ETF
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Oct 25, 2022
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund will generally employ a full replication strategy, meaning that it will normally invest in all of the securities comprising the Index in proportion to their weightings in the Index. The Index is developed, maintained and sponsored by Indxx, Inc. (the “Index Provider”). The Index Provider is not affiliated with the Fund, the Fund’s investment advisor or the Fund’s distributor. The Index is a rules-based index, however, the Index Provider reserves the right to use qualitative judgment to include, exclude, adjust, or postpone the inclusion of a stock in the Index which is the ordinary course discretion that the Index Provider has to modify which securities qualify for inclusion in the Index in accordance with the rules of its selection methodology.According to the Index Provider, the Index’s starting universe consists of U.S. companies engaged in business activities associated with the following aerospace and defense sub-themes, as identified by the Index Provider:Advanced Aerospace and Defense1.Hypersonic: Companies involved in developing hypersonic warfare weapons technology for defense related applications.2.Directed Energy: Companies involved in developing weapons like high power microwaves, laser technology products and electromagnetic weapons for defense related applications.3.Space Technologies: Companies involved in developing rockets, satellites and launch vehicles.4.Unmanned Aerial Vehicle/Advance Air Mobility: Companies that develop military aircraft that are guided by remote control or programmed autonomously and companies involved in developing an air transportation system that moves cargo and people for defense related applications.5.Autonomous, Cybersecurity and C5ISR Systems: Companies involved in providing autonomous, cybersecurity, and C5ISR solutions for improving national security, enhancing public safety and designing better combat results.Traditional Aerospace and Defense1.Includes companies that manufacture construction material, electronics, and telecommunications equipment used in the manufacture of aircraft for both defense and commercial aviation.These sub-themes also include the commercial (non-government/defense) applications of such activities.From the starting universe, only companies that derive at least 50% of revenues from aerospace and defense activities in one or more of the sub-themes identified above will be eligible for inclusion in the Index, according to the Index Provider. These companies have their principal business strategies and/or growth prospects inextricably linked to aerospace and defense.According to the Index Provider, from the list of eligible companies, a total of 50 companies ranked from highest to lowest market capitalization will be selected. In the event there are less than 50 companies that meet the 50% revenue test, all eligible companies will be selected (i.e., there may be fewer than 50 companies in the Index). The selected securities are assigned weights based on their market capitalization. A single security cap of 8% is applied to securities and the extra weight is redistributed amongst the uncapped securities. The aggregate weight of securities with weights greater than or equal to 5% must not exceed 45%. In case the aggregate weight of such securities exceeds 45%, a secondary cap of 4% is applied to all remaining securities. Each company must also meet the size,float and liquidity requirements of the Index.The Index is rebalanced quarterly and reconstituted semi-annually, and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of March 28, 2024, the Index was composed of 33 securities and the Fund had significant investments in industrials companies, although this may change from time to time. The Fund’s investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of March 28, 2024. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.The Fund is classified as “non-diversified” under the Investment Company Act of 1940, as amended (the “1940 Act”).
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MISL - Performance

Return Ranking - Trailing

Period MISL Return Category Return Low Category Return High Rank in Category (%)
YTD 21.1% N/A N/A N/A
1 Yr 22.4% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period MISL Return Category Return Low Category Return High Rank in Category (%)
2023 14.0% N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period MISL Return Category Return Low Category Return High Rank in Category (%)
YTD 21.1% N/A N/A N/A
1 Yr 22.4% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period MISL Return Category Return Low Category Return High Rank in Category (%)
2023 14.8% N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

MISL - Holdings

Concentration Analysis

MISL Category Low Category High MISL % Rank
Net Assets 118 M N/A N/A N/A
Number of Holdings 35 N/A N/A N/A
Net Assets in Top 10 52.2 M N/A N/A N/A
Weighting of Top 10 59.93% N/A N/A N/A

Top 10 Holdings

  1. Lockheed Martin Corp 9.01%
  2. RTX Corp 8.55%
  3. TransDigm Group Inc 8.21%
  4. General Dynamics Corp 7.61%
  5. Boeing Co/The 5.96%
  6. Howmet Aerospace Inc 4.52%
  7. Northrop Grumman Corp 4.37%
  8. HEICO Corp 4.13%
  9. Leidos Holdings Inc 3.89%
  10. Curtiss-Wright Corp 3.70%

Asset Allocation

Weighting Return Low Return High MISL % Rank
Stocks 		99.95% N/A N/A N/A
Cash 		0.09% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Other 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High MISL % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High MISL % Rank
US 		99.95% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

MISL - Expenses

Operational Fees

MISL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% N/A N/A N/A
Management Fee 0.60% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

MISL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

MISL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MISL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

MISL - Distributions

Dividend Yield Analysis

MISL Category Low Category High MISL % Rank
Dividend Yield 1.77% N/A N/A N/A

Dividend Distribution Analysis

MISL Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly

Net Income Ratio Analysis

MISL Category Low Category High MISL % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

MISL Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

MISL - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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