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First Trust Indxx Aerospace & Defense ETF (MISL)

Industrials | Exchange Traded Fund | NYSEArca
43.64 USD -0.89 (-1.999%) ⇩ (July 13, 2026, 3:59 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 3:21 a.m. EDT

The aerospace and defense sector is showing robust momentum, driven by a massive 60% price surge over the last two years and a backdrop of surging global defense spending. While the valuation is stretched with a trailing P/E of 33.7, the trend remains firmly upward with no recent annual declines, making it a compelling medium-term hold despite the high entry point. However, the short-term outlook faces headwinds as the ETF trades below its 50-day and 200-day moving averages, signaling a potential consolidation phase after the recent rally. The options market confirms this bullish bias, with traders placing significant bets on further gains while ignoring downside protection. For income seekers, the yield is negligible at 0.3%, offering no buffer against volatility.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.027028
AutoTheta0.030616
MSTL0.039752
AutoETS0.040244

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 52%
H-stat 2.42
Ljung-Box p 0.000
Jarque-Bera p 0.657
Excess Kurtosis -0.03
Attribute Value
Trailing P/E 32.99

As of July 11, 2026, 3:21 a.m. EDT: Speculator positioning is overwhelmingly bullish, with heavy open interest concentrated in August 2026 calls at the 50 strike, suggesting a bet on significant upside before year-end. Put activity is negligible, indicating a lack of hedging against downside risk.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.06% 0.33% 0.59%
Dividend History
Date Dividend Yield %
2026-03-26 0.029 0.064004
2025-09-25 0.107 0.266633
2025-06-26 0.028 0.076004
2025-03-27 0.036 0.117111
2024-12-13 0.135 0.435624
2024-09-26 0.024 0.076531
2024-06-27 0.028 0.099573
2024-03-21 0.039 0.145588
2023-12-22 0.098 0.387582
2023-09-22 0.022 0.101350
2023-06-27 0.028 0.122453
2023-03-24 0.012 0.055018
2022-12-23 0.017 0.076979
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.3

Info Dump

Attribute Value
All Time High 51.1
All Time Low 20.645
Ask 44.58
Ask Size 200
Average Daily Volume10 Day 109,980
Average Daily Volume3 Month 457,050
Average Volume 457,050
Average Volume10Days 109,980
Beta3 Year 0.89
Bid 0.0
Bid Size 600
Category Industrials
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 44.27
Day Low 43.46
Dividend Yield 0.3
Eps Trailing Twelve Months 1.3228233
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 45.6336
Fifty Day Average Change -1.9935989
Fifty Day Average Change Percent -0.043687087
Fifty Two Week Change Percent 14.975476
Fifty Two Week High 51.1
Fifty Two Week High Change -7.459999
Fifty Two Week High Change Percent -0.14598824
Fifty Two Week Low 37.761
Fifty Two Week Low Change 5.878998
Fifty Two Week Low Change Percent 0.15568967
Fifty Two Week Range 37.761 - 51.1
First Trade Date Milliseconds 1,666,791,000,000
Full Exchange Name NYSEArca
Fund Family First Trust
Fund Inception Date 1,666,656,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund will invest at least 80% of its net assets in the common stocks that comprise the index. 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. It is non-diversified.
Long Name First Trust Indxx Aerospace & Defense ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1793304002
Nav Price 44.51
Net Assets 801,873,410.0
Net Expense Ratio 0.6
Open 44.38
Phone 630-241-4141
Pre Market Change 0.27000046
Pre Market Change Percent 0.6186995
Pre Market Price 43.91
Pre Market Time 1,784,027,902
Previous Close 44.53
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.889999
Regular Market Change Percent -1.99865
Regular Market Day High 44.27
Regular Market Day Low 43.46
Regular Market Day Range 43.46 - 44.27
Regular Market Open 44.38
Regular Market Previous Close 44.53
Regular Market Price 43.64
Regular Market Time 1,783,972,796
Regular Market Volume 81,944
Short Name First Trust Indxx Aerospace & D
Source Interval 15
Symbol MISL
Three Year Average Return 0.2370515
Total Assets 801,873,408
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 32.990044
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.57443
Trailing Three Month Returns 2.57443
Triggerable 1
Two Hundred Day Average 45.13019
Two Hundred Day Average Change -1.4901924
Two Hundred Day Average Change Percent -0.033019856
Type Disp ETF
Volume 81,944
Yield 0.003
Ytd Return 7.1988