First Trust Indxx Aerospace & Defense ETF

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First Trust Indxx Aerspc & Defns ETF (MISL)
Type
Exchange-traded fund
Military weapon grade: Fund is invested in military contractors above the threshold of 4%. Assigned a grade of F.
How we track weapon investments
F
$120.61 MILLION
Military weapons
32
military weapon stocks found
95%
of assets flagged
Data as of 30 Apr 2025
Military contractors
Military contractors
Largest international arms manufacturers and military contractors
32
holdings
$120.61M
invested
95%
of portfolio
Nuclear weapons
Nuclear weapons
Manufacturers/servicers of nuclear armaments and delivery systems
20
holdings
$95.29M
invested
75%
of portfolio
Controversial weapons
Controversial weapons
Manufacturers involved with cluster munitions, landmines, white phosphorus, depleted uranium
10
holdings
$55.32M
invested
44%
of portfolio
Military weapon companies
32 holdings
32 holdings
  • 1.  Boeing Co
    Nuclear weapons
    $11.23M
    8.86%
  • 2.  GE Aerospace
    Nuclear weapons
    $10.58M
    8.35%
  • 3.  Lockheed Martin Corp
    Nuclear weaponsControversial weapons
    $9.82M
    7.75%
  • 4.  RTX Corp
    Nuclear weaponsControversial weapons
    $9.46M
    7.47%
  • 5.  Northrop Grumman Corp
    Nuclear weaponsControversial weapons
    $8.98M
    7.09%
See all
  For each weapons category, we show the fund's exposure. When calculating a portfolio's percent exposure to a list of companies, we only consider long investments, ignoring any shorts or liabilities.
Civilian firearm manufacturers and retailers

We also track investments in civilian firearm manufacturers and retailers raking in billions in handgun, assault rifle, and ammunition sales. Gun Free Funds is made for people looking to align their investments with their values by moving money out of companies that make and sell guns.

First Trust Indxx Aerospace & Defense ETF earns an F grade for investments in military weapons
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Financial performance
Performance data provided byMorningstarFind more financial data on MISL at Morningstar.com
Current fund
MISL
First Trust Indxx Aerospace & Defense ETF
Family
First Trust
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 1-yr returns 
6.05% more in annualized returns
More invested in military weapons 
91% more invested
More invested in major military contractors 
91% more invested
More invested in manufacturers/servicers of nuclear weapons 
73% more invested
More invested in manufacturers of controversial weapons 
42% more invested
Current fund
MISL
First Trust Indxx Aerospace & Defense ETF
Family
First Trust
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 1-yr returns 
6.05% more in annualized returns
More invested in military weapons 
91% more invested
More invested in major military contractors 
91% more invested
More invested in manufacturers/servicers of nuclear weapons 
73% more invested
More invested in manufacturers of controversial weapons 
42% more invested
Current fund
MISL
First Trust Indxx Aerospace & Defense ETF
Family
First Trust
Category
Industrials
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 1-yr returns 
6.05% more in annualized returns
More invested in military weapons 
91% more invested
More invested in major military contractors 
91% more invested
More invested in manufacturers/servicers of nuclear weapons 
73% more invested
More invested in manufacturers of controversial weapons 
42% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Military weapon weight
This fund
MISL - First Trust Indxx Aerospace & Defense ETF
18%
/
/
/
95% 
Benchmark
ACWI - iShares MSCI ACWI ETF
12%
10%
13%
8.76%
3.77% 
Fund compared to benchmark
 
6.05%
/
/
/
91%  higher
Find more financial data on MISL at Morningstar.com
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