MISL vs. ARKX ETF Comparison
Comparison of First Trust Indxx Aerospace & Defense ETF (MISL) to ARK Space Exploration & Innovation ETF (ARKX)
MISL
First Trust Indxx Aerospace & Defense ETF
MISL Description
The First Trust Indxx Aerospace & Defense ETF 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.
Grade (RS Rating)
Last Trade
$32.12
Average Daily Volume
18,311
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
ARKX
ARK Space Exploration & Innovation ETF
ARKX Description
The ARK Space Exploration & Innovation ETF’s (“Fund”) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (“ETF”) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, but do not reach a velocity needed to remain in orbit around a planet. Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations. These operations include artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies whose operations stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction, imaging, drones, air taxis and electric aviation vehicles.Grade (RS Rating)
Last Trade
$16.59
Average Daily Volume
37,441
Number of Holdings
*
25
* may have additional holdings in another (foreign) market
Performance
Period | MISL | ARKX |
---|---|---|
30 Days | 1.80% | 8.22% |
60 Days | 9.71% | 10.31% |
90 Days | 14.35% | 10.01% |
12 Months | 50.67% | 24.64% |
MISL Underweight 23 Positions Relative to ARKX
Symbol | Grade | Weight | |
---|---|---|---|
IRDM | B | -9.79% | |
KTOS | A | -9.44% | |
AVAV | B | -7.56% | |
TER | C | -7.36% | |
TRMB | B | -6.52% | |
RKLB | B | -5.58% | |
LHX | A | -5.42% | |
AMZN | C | -3.9% | |
PLTR | A | -2.83% | |
DE | A | -2.77% | |
BLDE | D | -2.68% | |
GRMN | D | -2.61% | |
ACHR | F | -2.51% | |
GOOG | B | -2.22% | |
JOBY | D | -2.06% | |
PRNT | D | -1.95% | |
HON | C | -1.45% | |
TDY | A | -1.4% | |
PATH | D | -1.33% | |
SNPS | F | -1.27% | |
ANSS | D | -1.08% | |
DDD | D | -0.69% | |
MYNA | F | -0.0% |
MISL: Top Represented Industries & Keywords
Industries:
Aerospace & Defense
Information Technology Services
Specialty Industrial Machinery
Keywords:
S&P 500
Aerospace
Space Systems
Aviation
Electronics
Weapons
Aerospace Systems
Avionics
Business Aviation
Combat Systems
Communications Systems
Defense Systems
Information Technology Solutions
Laser
Manned Aircraft
Mission Systems
Navigation Systems
Radar
Simulation System
Simulation Systems
ARKX: Top Represented Industries & Keywords
Industries:
Aerospace & Defense
Scientific & Technical Instruments
Airports & Air Services
Communication Equipment
Software - Application
Software - Infrastructure
Computer Systems
Diversified Industrials
Farm & Construction Equipment
Internet Content & Information
Security & Protection Services
Semiconductor Equipment & Materials
Specialty Retail
Telecom Services