First Trust Indxx Aerospace & Defense ETF·Financial Services
The First Trust Indxx Aerospace & Defense ETF (the "Fund") seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the Index.
Financial Services
Asset Management
2022-10-26
1.10
Market Peers







Rising geopolitical tensions and Trump's defense push are fueling a long-term rearmament trend. One can explore ETFs to benefit from this outlook.

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

First Trust Indxx Aerospace & Defense ETF is rated a buy, favored for its U.S.-centric exposure amid heightened defense spending needs. The U.S. and allies are rapidly depleting missile and interceptor stocks, driving urgent replenishment demand likely to benefit MISL's holdings. Drones will reshape war, and the United States must be wary of China.

First Trust Indxx Aerospace and Defense ETF (NYSEARCA:MISL - Get Free Report) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 107,105 shares, a growth of 494.9% from the December 31st total of 18,003 shares. Based on an average trading

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

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