iShares’ ITA charges 0.38% vs First Trust’s MISL at 0.60%, with ITA yielding 0.50% on a $230.89 share price.
iShares U.S. Aerospace & Defense ETF (ITA) offers a lower expense ratio of 0.38% compared to First Trust Indxx Aerospace & Defense ETF’s (MISL) 0.60%. ITA also provides a 0.50% yield, distributing $1.06 per share over the past 12 months at its current price of $230.89.
ITA tracks U.S.-based aviation and defense firms, with top holdings including GE Aerospace (22.37%), RTX (15.69%), and Boeing (9.20%). Launched in 2006, it holds 49 stocks exclusively in the industrials sector. MISL, by contrast, includes defense-related technology firms, offering a distinct sector tilt.
Investors weighing the two ETFs must balance cost, yield, and exposure differences, as both funds target national security budgets and commercial aviation cycles.