MISL vs. SPAM ETF Comparison

Comparison of First Trust Indxx Aerospace & Defense ETF (MISL) to Themes Cybersecurity ETF (SPAM)

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

$31.42

Average Daily Volume

19,240

Number of Holdings ^*

32

* may have additional holdings in another (foreign) market

SPAM

Themes Cybersecurity ETF

SPAM Description

The index is designed to provide exposure to companies that have business operations in the cybersecurity industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.73

Average Daily Volume

483

Number of Holdings ^*

22

* may have additional holdings in another (foreign) market

Performance

Period	MISL	SPAM
30 Days	-2.19%	1.41%
60 Days	-0.43%	0.38%
90 Days	7.31%	10.80%
12 Months	36.02%

1 Overlapping Holdings

	Symbol	Grade	Weight in MISL	Weight in SPAM	Overlap
	CACI	A	3.44%	5.54%	3.44%

MISL Overweight 31 Positions Relative to SPAM

	Symbol	Grade	Weight
	BA	F	8.15%
	GD	C	8.11%
	RTX	C	7.97%
	TDG	C	7.62%
	LMT	D	7.28%
	LDOS	A	4.47%
	LHX	A	4.01%
	HWM	B	3.88%
	NOC	D	3.84%
	HEI	D	3.78%
	TXT	F	3.74%
	CW	B	3.71%
	PSN	A	3.05%
	HII	F	2.72%
	WWD	D	2.67%
	KBR	B	2.45%
	NPAB	D	2.09%
	SAIC	A	1.99%
	MOG.A	C	1.71%
	AVAV	B	1.7%
	RKLB	A	1.56%
	HXL	F	1.4%
	SPR	C	1.05%
	KTOS	C	1.0%
	AIR	F	0.6%
	MRCY	D	0.55%
	TGI	C	0.31%
	LUNR	B	0.29%
	DCO	D	0.25%
	ATRO	F	0.17%
	NPK	F	0.15%

MISL Underweight 21 Positions Relative to SPAM

	Symbol	Grade	Weight
	FTNT	B	-5.85%
	YOU	A	-5.81%
	S	B	-5.64%
	VRNS	D	-5.35%
	CHKP	F	-5.29%
	BAH	A	-5.18%
	PANW	B	-4.65%
	CYBR	C	-4.59%
	RPD	C	-4.48%
	TENB	D	-4.19%
	ZS	C	-4.1%
	QLYS	F	-3.76%
	ALRM	F	-3.65%
	CRWD	C	-3.51%
	OKTA	D	-3.42%
	ATEN	A	-2.01%
	FSLY	D	-1.79%
	RDWR	C	-1.53%
	APLD	C	-1.49%
	OSPN	B	-1.0%
	CHGX	B	-0.49%

MISL: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Diversified Industrials Communication Equipment Computer Systems Engineering & Construction Security & Protection Services Shell Companies Specialty Industrial Machinery

Keywords: Aerospace S&P 500 Department Of Defense Avionics Weapons Engineering Services Helicopter National Security Radar Space Systems Actuator Aerostructure Aviation Defense Systems Electronics Microwave Test Systems U.S. Department Of Defense Aerospace Systems Combat Systems

SPAM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Business Services Capital Markets Communication Equipment Information Technology Services Telecom Services

Keywords: Cybersecurity Computer Security Computing Nasdaq 100 Security Solution Computer Network Security Cyberwarfare Firewall Firewall Software VPN Work From Home Content Control Software Malware Mobile Devices S&P 500 Security Engineering Software As A Service Web Application Antivirus Software Application Delivery Controller