DUTY vs MISL
U.S. Defense ETF against First Trust Indxx Aerospace & Defense ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
38%
22 shared positions
Fee gap
15 bp
DUTY is cheaper
1-year return gap
—
Larger fund
MISL
$701M
Side by side
| DUTY | MISL | |
|---|---|---|
| Fund | U.S. Defense ETF | First Trust Indxx Aerospace & Defense ETF |
| Issuer | U.S. Defense | First Trust |
| Category | Aerospace & Defense | Aerospace & Defense |
| Expense ratio | 0.45% | 0.60% |
| Assets | $2.1M | $701M |
| Average daily dollar volume | $72K | $3.7M |
| Listed | Apr 7, 2026 | Oct 25, 2022 |
| FrenzyCap score | 36 | 50 |
| 1-month return | +6.9% | −0.1% |
| 3-month return | +7.2% | −3.2% |
| Year to date | — | −1.3% |
| 1-year return | — | −3.9% |
| 30-day volatility | 23.6% | 15.8% |
| Worst drawdown, 1 year | −13.4% | −18.4% |
| Trailing 12-month yield | — | 0.07% |
| Holdings | 51 | 40 |
| Top 10 weight | 59.0% | 61.7% |
| Look-through P/E | 45.5 | 39.5 |
| Holdings vs fair value | +0.2% | +1.1% |
| Holdings above 200-day average | 42% | 11% |
| Net flow, latest 3 reported months | +$2.1M thru Jun 2026 | −$662M thru Jun 2026 |
| 30-day implied volatility | — | 38.8% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
59% of DUTY · 40% of MISL| Holding | DUTY | MISL |
|---|---|---|
| LMT | 7.32% | 6.11% |
| PLTR | 5.96% | 6.70% |
| RKLB | 5.34% | 5.50% |
| GD | 7.55% | 3.89% |
| LHX | 6.83% | 3.02% |
| NOC | 6.60% | 2.78% |
| MOG.A | 2.53% | 1.40% |
| LDOS | 2.73% | 1.35% |
| HII | 2.45% | 1.15% |
| CACI | 2.27% | 1.06% |
| KTOS | 2.06% | 0.97% |
| AVAV | 1.03% | 0.86% |
| MRCY | 1.33% | 0.76% |
| KRMN | 1.00% | 0.69% |
| PSN | 0.55% | 0.58% |
| DRS | 0.53% | 1.18% |
| SAIC | 0.95% | 0.50% |
| FLY | 0.47% | 0.49% |
| LOAR | 0.42% | 0.79% |
| DCO | 0.51% | 0.29% |
| VOYG | 0.37% | 0.20% |
| NPK | 0.12% | 0.09% |
Sector mix of the stock holdings
| Sector | DUTY | MISL | Gap |
|---|---|---|---|
| Industrials | 54.4% | 70.1% | −15.7% |
| Technology | 42.2% | 18.8% | +23.4% |
| Materials | 0.0% | 4.7% | −4.7% |
| Communication Services | 0.0% | 3.4% | −3.4% |
More: full overlap table · DUTY holdings · MISL holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.