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MISL vs PPA

First Trust Indxx Aerospace & Defense ETF vs Invesco Aerospace & Defense ETF

MISL

First Trust Indxx Aerospace & Defense ETF

Annual cost

0.60%

Fund size

$826M

PPA

Invesco Aerospace & Defense ETF

Annual cost

0.58%

Fund size

$8.4B

Key differences

Both MISL and PPA are equity ETFs. MISL charges 0.60% a year and PPA 0.58%. The main difference: PPA is much larger than MISL. Larger funds are usually more liquid and less likely to close.

  • PPA is much larger than MISL. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, PPA has delivered higher annualized returns.
  • PPA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MISLPPA
Annual cost (TER)0.60%0.58%
Fund size (AUM)$826M$8.4B
Since20222005
Dividend yield0.33%0.37%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+25.8%+23.1%
CAGR 3Y+27.5%+28.6%
CAGR 5YN/A+17.7%
Sharpe 3Y1.161.30
Volatility 1Y22.89%19.39%
Max drawdown-17.92%-43.92%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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