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Which Aerospace and Defense ETF Is the Better Buy: iShares' ITA or First Trust's MISL?

ITA delivered 19% returns over one year with lower costs, while MISL offers unique tech exposure through Palantir.

Which Aerospace and Defense ETF Is the Better Buy: iShares' ITA or First Trust's MISL?

Published July 18, 2026 · Category: Finance

Overview

iShares U.S. Aerospace & Defense ETF (NYSEMKT:ITA) provides a lower-cost entry to the sector, while First Trust Indxx Aerospace & Defense ETF (NYSEMKT:MISL) offers a unique tilt by including defense-related technology firms.

Investors seeking exposure to the aviation and defense industries often look to specialized ETFs to capture sector-specific growth. Aerospace and defense ETFs offer exposure to national security budgets and commercial aviation cycles. This analysis compares two popular options that differ in scale, cost, and historical performance.

Details

Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.