Morningstar

First Trust Indxx Aerospace & Defense ETF MISL

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis MISL

Will MISL outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MISL’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MISL management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MISL’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

First Trust Indxx Aerspc & Defns ETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings MISL

More MISL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 63.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Palantir Technologies Inc Ordinary Shares - Class A

12.75 89M
Technology

Space Exploration Technologies Corp Class A

8.67 60M
Industrials

RTX Corp

8.03 56M
Industrials

GE Aerospace

7.40 51M
Industrials

Boeing Co

7.36 51M
Industrials

Lockheed Martin Corp

4.11 29M
Industrials

Northrop Grumman Corp

3.80 26M
Industrials

General Dynamics Corp

3.77 26M
Industrials

Heico Corp

3.71 26M
Industrials

Rocket Lab Corp

3.70 26M
Industrials

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