First Trust Indxx Aerospace & Defense ETF (MISL)
First Trust Indxx Aerospace & Defense ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $47.98, up 0.99% on the session, giving a market capitalisation of $226.0M. Its beta of 0.90 implies it has historically moved less than the broad market.
The First Trust Indxx Aerospace & Defense ETF aims to mirror the financial performance, specifically the capital appreciation and income generation, of the Indxx US Aerospace & Defense Index, before factoring in its operational costs. Typically, under ordinary market circumstances, the Fund allocates a minimum of 80% of its net assets, including any capital acquired through borrowing, to the equity securities composing that benchmark index.
First Trust Indxx Aerospace & Defense ETF is most often compared with the following Financial Services names: