First Trust Indxx Aerospace & Defense ETF (MISL) — ()
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Guide to Aerospace & Defense ETFs
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Sentiment: Positive ()
Defense spending hit a record $2.72T in 2024, boosting aerospace sector earnings as global tensions drive military budgets higher. ETFs like ITA, PPA and XAR are likely to gain.
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About First Trust Indxx Aerospace & Defense ETF MISL
The First Trust Indxx Aerospace & Defense ETF (the "Fund") seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the Index.