Browse all 651 ETFs by category, no search needed
Global 185
US market 62
Country 93
Core UCITS 15
Sector 103
Style & factor 111
Theme 45
Dividend 37
First Trust Indxx Aerospace & Defense (MISL)Overvalued or undervalued?
Look-through valuation · Theme · Expense ratio 0.60 % · ISIN US33733E8315
Price history (since 2022)
Monthly close since 2022. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Palantir Technologies Inc. PLTR | 12.2 % | −77.6 % | 69 |
| Space Exploration Technologies Corp. Class A Common Stock SPCX | 8.9 % | n/a | n/a |
| RTX Corporation RTX | 8.1 % | −54.0 % | 63 |
| The Boeing Company BA | 7.4 % | −84.7 % | 33 |
| General Electric Company GCP | 7.4 % | n/a | n/a |
| Lockheed Martin Corporation LMT | 4.2 % | +7.6 % | 68 |
| Northrop Grumman Corporation NOC | 3.9 % | −25.5 % | 65 |
| General Dynamics Corporation GD | 3.8 % | −20.1 % | 67 |
| Rocket Lab USA Inc. RKLB | 3.7 % | n/a | n/a |
| Heico Corporation HEI | 3.7 % | −26.4 % | 62 |
| Transdigm Group Incorporated TDG | 3.6 % | +10.7 % | 69 |
| Howmet Aerospace Inc HWM | 3.5 % | −77.1 % | 76 |
| L3Harris Technologies Inc LHX | 3.4 % | +10.0 % | 63 |
| New Providence Acquisition Corp NPA | 2.8 % | n/a | n/a |
| Curtiss-Wright Corporation CW | 2.3 % | −10.9 % | 71 |
| FTAI Aviation Ltd. FTAI | 2.2 % | −48.7 % | 44 |
| Woodward Inc WWD | 2.2 % | −60.8 % | 67 |
| Leidos Holdings Inc LDOS | 1.7 % | +124.0 % | 73 |
| CACI International Inc CACI | 1.5 % | −1.5 % | 60 |
| Textron Inc TXT | 1.5 % | +3.1 % | 65 |
| Moog Inc MOG-A | 1.3 % | −66.7 % | 56 |
| Huntington Ingalls Industries Inc HII | 1.2 % | −7.7 % | 58 |
| LEONARDO DRS INC. DL-01 2VZ | 1.1 % | n/a | n/a |
| Kratos Defense & Security Solutions KTOS | 1.0 % | −95.5 % | 25 |
| AeroVironment Inc AVAV | 0.9 % | n/a | n/a |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 39 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +87.2 % below FV
- 2 FXI iShares China Large-Cap ETF +57.2 % below FV
- 3 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +43.7 % below FV
- 4 MCHI iShares MSCI China ETF +41.9 % below FV
- 5 ITB iShares U.S. Home Construction ETF +31.4 % below FV
- 6 TAN Invesco Solar ETF +26.0 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.4 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +19.3 % below FV
- 9 ESPO VanEck Video Gaming and eSports ETF +18.3 % below FV
- 10 XIDV Franklin International Dividend Booster Index ETF +17.9 % below FV
Frequently asked about MISL
Is MISL overvalued?
What is the fair value of MISL?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of MISL?
What is the expense ratio of MISL?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust Indxx Aerospace & Defense ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 25, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.