Aerospace & Defense ETF (MISL) Touches New 52-Week High

Group 1 - The First Trust Indxx Aerospace & Defense ETF (MISL) has reached a 52-week high and is up 89.5% from its 52-week low of $26.46 per share [1] - The fund provides exposure to U.S. companies involved in aerospace and defense activities, with an annual fee of 60 basis points [2] - The significant rise in the fund is attributed to President Trump's proposed $1.5 trillion military budget, a 50% increase, along with geopolitical tensions in Venezuela and the Middle East, which have bolstered investor confidence in defense stocks [3] Group 2 - The fund is expected to maintain strong performance in the near term, indicated by a positive weighted alpha of 67.90, suggesting potential for further gains [4]