Choosing the Better Space ETF: Tema's NASA Focused on Space Innovators or First Trust's MISL Targeting Aerospace and Defense
Tema's active strategy targets high-growth space companies but carries higher volatility and fees. First Trust offers broader diversification with lower costs and drawdown risk.
Overview
The First Trust Indxx Aerospace & Defense ETF (NYSEMKT:MISL) focuses on established industrial and defense giants, while the Tema Space Innovators ETF (NYSEMKT:NASA) targets high-growth space commercialization and innovation.
Both funds offer exposure to the final frontier, but they take different paths to reach it. While the First Trust fund tracks an index of domestic aerospace and defense companies, the Tema ETF uses an active management approach to find specialized companies that build the infrastructure for the modern space economy. These strategies may appeal to investors looking to capitalize on geopolitical trends and private-sector satellite expansion.
Details
The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.