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PPA vs MISL

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

PPA

Invesco Aerospace & Defense ETF

Annual cost

0.58%

Fund size

$8.4B

MISL

First Trust Indxx Aerospace & Defense ETF

Annual cost

0.60%

Fund size

$826M

Key differences

Both PPA and MISL are equity ETFs. PPA charges 0.58% a year and MISL 0.60%. 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

PPAMISL
Annual cost (TER)0.58%0.60%
Fund size (AUM)$8.4B$826M
Since20052022
Dividend yield0.37%0.33%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+28.9%+31.0%
CAGR 3Y+29.3%+27.6%
CAGR 5Y+18.4%N/A
Sharpe 3Y1.311.15
Volatility 1Y20.04%23.44%
Max drawdown-43.92%-17.92%

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

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