First Trust Indxx Aerospace & Defense ETF (MISL)Industrials | Exchange Traded Fund | NYSEArca
47.08 USD
+0.24
(0.512%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 47.00 -0.08 (-0.080%) ⇩ (April 17, 2026, 6:26 p.m. EDT) Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:59 a.m. EDT
Defense sector sentiment is driving a high-conviction short-term momentum play, evidenced by the near-total absence of Put liquidity and heavy positioning in out-of-the-money calls. While fundamentals support a neutral-long-term hold, the current setup favors a tactical bullish entry for the next month rather than a deep value acquisition. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.055274 |
| AutoARIMA | 0.074750 |
| AutoETS | 0.077535 |
| MSTL | 0.089100 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 9.71 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.170 |
| Excess Kurtosis | -0.36 |
| Attribute | Value |
|---|---|
| Trailing P/E | 34.16 |
As of April 19, 2026, 12:59 a.m. EDT: Options market shows a distinct bullish tilt with significantly higher Call OI on May-15 and Aug-21 expirations compared to Puts. Implied Volatility (IV) is pricing in a >1% convexity jump relative to recent realized vol (Ljung-Box p-value indicates strong autocorrelation in volatility). The massive skew in Call OI (2026-05-15: 51 vs 0 for Puts; 2026-08-21: 20 vs 1) suggests speculation on linear gains. ATM Call IV is elevated (0.57-0.69) compared to Puts (0.49-0.61), indicating the market is pricing in upside momentum rather than downside protection.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.06% | 0.41% | 0.64% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-26 | 0.029 | 0.064004 |
| 2025-09-25 | 0.107 | 0.266800 |
| 2025-06-26 | 0.028 | 0.076254 |
| 2025-03-27 | 0.036 | 0.117586 |
| 2024-12-13 | 0.135 | 0.437900 |
| 2024-09-26 | 0.024 | 0.077267 |
| 2024-06-27 | 0.028 | 0.100609 |
| 2024-03-21 | 0.039 | 0.147248 |
| 2023-12-22 | 0.098 | 0.392573 |
| 2023-09-22 | 0.022 | 0.103056 |
| 2023-06-27 | 0.028 | 0.124639 |
| 2023-03-24 | 0.012 | 0.056070 |
| 2022-12-23 | 0.017 | 0.078494 |
| Attribute | Value |
|---|---|
| All Time High | 51.1 |
| All Time Low | 20.645 |
| Ask | 49.42 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 164,940 |
| Average Daily Volume3 Month | 419,114 |
| Average Volume | 419,114 |
| Average Volume10Days | 164,940 |
| Beta3 Year | 1.1 |
| Bid | 41.75 |
| Bid Size | 600 |
| Category | Industrials |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 47.97 |
| Day Low | 46.975 |
| Dividend Yield | 0.37 |
| Eps Trailing Twelve Months | 1.3780695 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 47.6866 |
| Fifty Day Average Change | -0.6065979 |
| Fifty Day Average Change Percent | -0.01272051 |
| Fifty Two Week Change Percent | 58.252098 |
| Fifty Two Week High | 51.1 |
| Fifty Two Week High Change | -4.0199966 |
| Fifty Two Week High Change Percent | -0.07866921 |
| Fifty Two Week Low | 29.23 |
| Fifty Two Week Low Change | 17.850002 |
| Fifty Two Week Low Change Percent | 0.610674 |
| Fifty Two Week Range | 29.23 - 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1793304002 |
| Nav Price | 47.04 |
| Net Assets | 1,440,670,340.0 |
| Net Expense Ratio | 0.6 |
| Open | 47.23 |
| Phone | 630-241-4141 |
| Post Market Change | -0.08000183 |
| Post Market Change Percent | -0.16992742 |
| Post Market Price | 47.0 |
| Post Market Time | 1,776,464,761 |
| Previous Close | 46.84 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.240002 |
| Regular Market Change Percent | 0.512386 |
| Regular Market Day High | 47.97 |
| Regular Market Day Low | 46.975 |
| Regular Market Day Range | 46.975 - 47.97 |
| Regular Market Open | 47.23 |
| Regular Market Previous Close | 46.84 |
| Regular Market Price | 47.08 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 126,291 |
| Short Name | First Trust Indxx Aerospace & D |
| Source Interval | 15 |
| Symbol | MISL |
| Three Year Average Return | 0.2842812 |
| Total Assets | 1,440,670,336 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 34.163734 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 4.50831 |
| Trailing Three Month Returns | 4.50831 |
| Triggerable | 1 |
| Two Hundred Day Average | 43.222286 |
| Two Hundred Day Average Change | 3.8577156 |
| Two Hundred Day Average Change Percent | 0.08925293 |
| Type Disp | ETF |
| Volume | 126,291 |
| Yield | 0.0037 |
| Ytd Return | 4.50831 |