About First Trust Exchange-Traded Fund First Trust Indxx Aerospace & Defense ETF (MISL)

The First Trust Indxx Aerospace & Defense ETF (MISL) is an exchange-traded fund that provides investors with exposure to the aerospace and defense industry. The fund seeks to track the performance of the Indxx Global Aerospace & Defense Index, which is composed of companies involved in the development, manufacturing, operations, and support of defense, military, homeland security, and aerospace operations. These companies could be engaged in areas such as aircraft manufacturing, weapons and defense systems production, and military technology development.

MISL offers a convenient way for investors to gain access to the aerospace and defense sector without having to pick individual stocks. By investing in MISL, investors can potentially benefit from the growth and profitability of a diverse range of companies within the industry. This can be especially appealing in times of geopolitical uncertainty or when defense spending is on the rise.