MISL vs. PSCI ETF Comparison

Comparison of First Trust Indxx Aerospace & Defense ETF (MISL) to PowerShares S&P SmallCap Industrials Portfolio (PSCI)

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

$31.86

Average Daily Volume

32,071

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCI

PowerShares S&P SmallCap Industrials Portfolio

PSCI Description

The PowerShares S&P SmallCap Industrials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Industrials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$146.34

Average Daily Volume

5,827

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MISL	PSCI
30 Days	-1.73%	10.32%
60 Days	1.94%	12.03%
90 Days	2.72%	12.36%
12 Months	33.17%	40.93%

6 Overlapping Holdings

Symbol	Grade	Weight in MISL	Weight in PSCI	Overlap
AIR	B	0.67%	0.9%	0.67%
AVAV	C	1.59%	2.11%	1.59%
MOG.A	B	1.93%	2.4%	1.93%
MRCY	C	0.67%	0.75%	0.67%
NPK	B	0.15%	0.15%	0.15%
TGI	B	0.38%	0.55%	0.38%

MISL Overweight 26 Positions Relative to PSCI

Symbol	Grade	Weight
GD	D	7.96%
RTX	D	7.82%
BA	F	7.46%
TDG	D	7.35%
LMT	D	7.27%
HWM	A	4.44%
HEI	A	4.26%
LHX	C	4.11%
LDOS	C	4.09%
TXT	D	3.99%
NOC	D	3.86%
CW	C	3.83%
CACI	D	3.04%
PSN	D	2.95%
WWD	C	2.86%
RKLB	A	2.39%
KBR	F	2.22%
HII	F	2.12%
NPAB	F	2.1%
SAIC	F	1.73%
HXL	F	1.36%
KTOS	B	1.06%
SPR	D	0.98%
LUNR	B	0.36%
DCO	C	0.28%
ATRO	D	0.16%

MISL Underweight 86 Positions Relative to PSCI

Symbol	Grade	Weight
MLI	B	-3.92%
RHI	C	-2.87%
CSWI	B	-2.61%
AWI	A	-2.56%
ALK	B	-2.55%
DY	D	-2.18%
ZWS	B	-2.15%
FSS	B	-2.12%
BCC	B	-2.11%
MATX	C	-1.98%
ACA	A	-1.94%
AL	B	-1.91%
GTES	A	-1.82%
SKYW	C	-1.68%
GVA	A	-1.61%
FELE	B	-1.6%
KFY	B	-1.52%
GMS	B	-1.51%
JBT	B	-1.44%
RXO	D	-1.43%
VRRM	F	-1.43%
RUSHA	C	-1.43%
ESE	B	-1.43%
REZI	A	-1.43%
GEO	B	-1.37%
NPO	A	-1.36%
ABM	B	-1.32%
HUBG	A	-1.18%
BRC	D	-1.18%
TRN	B	-1.18%
GFF	A	-1.16%
UNF	B	-1.12%
POWL	C	-1.03%
HNI	B	-0.99%
AIN	C	-0.98%
ARCB	C	-0.98%
EPAC	C	-0.98%
AZZ	A	-0.97%
WERN	C	-0.94%
SXI	B	-0.93%
MYRG	B	-0.89%
CXW	C	-0.89%
HI	C	-0.87%
HAYW	B	-0.87%
RUN	F	-0.86%
KMT	B	-0.84%
KAR	B	-0.83%
B	A	-0.82%
ROCK	C	-0.81%
GBX	A	-0.78%
ALG	B	-0.77%
JBLU	F	-0.73%
APOG	C	-0.68%
MLKN	F	-0.64%
TNC	D	-0.62%
DNOW	B	-0.59%
VSTS	C	-0.59%
CSGS	B	-0.58%
AMWD	C	-0.57%
TILE	B	-0.56%
SNDR	B	-0.55%
NX	C	-0.54%
LNN	B	-0.52%
VICR	C	-0.46%
PBI	B	-0.44%
NVEE	F	-0.44%
ALGT	B	-0.41%
DLX	B	-0.4%
MRTN	D	-0.38%
PRLB	B	-0.36%
VVI	C	-0.35%
HSII	B	-0.35%
DXPE	C	-0.34%
HCSG	C	-0.32%
ASTE	C	-0.32%
WNC	C	-0.32%
MATW	C	-0.28%
FWRD	D	-0.24%
LQDT	B	-0.22%
SNCY	C	-0.22%
IIIN	C	-0.22%
NVRI	D	-0.21%
HTZ	C	-0.2%
HTLD	C	-0.2%
KELYA	F	-0.17%
TWI	F	-0.13%