# First Trust Indxx Global Aerospace & Defence UCITS ETF Accu A USD (ICBM) **Page:** https://fundology.uk/fund/icbm · ISIN IE000NVDQXE1 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, ICBM (First Trust Indxx Global Aerospace & Defence UCITS ETF Accu A USD, ISIN IE000NVDQXE1) closed at £24.03 on the London Stock Exchange. Its ongoing charge is 0.67% a year (about £67 on £10,000). Over the year to 13/11/2026 its total return was +1.9%, or −1.7% after UK CPIH inflation. ## Summary First Trust Global Funds ICAV - First Trust Indxx Global Aerospace & Defence UCITS ETF Accu A USD is an exchange-traded fund (ETF) from First Trust, launched in 2024. It tracks the Indxx Global Advanced Aerospace & Defence Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.67% a year — about £67 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£24.03** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | ICBM | | ISIN | IE000NVDQXE1 | | Also listed as | MISL (London Stock Exchange, US dollars), FTGA (Xetra, euros) | | Category | Single sectors | | Type | ETF | | Provider | First Trust | | Tracks | Indxx Global Advanced Aerospace & Defence Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.67% a year (£67 per £10,000) | | Fund size | £109m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 11/12/2024 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +1.90% | -1.71% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of First Trust Global Funds ICAV - First Trust Indxx Global Aerospace & Defence UCITS ETF Accu A USD in pounds (price, with income reinvested in the fund): 2025 +54.2%; 2026 to 13/11/2026 −1.3%. Returns of First Trust Global Funds ICAV - First Trust Indxx Global Aerospace & Defence UCITS ETF Accu A USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | +54.2% | +48.9% | Price | | 2026 to 13/11/2026 | -1.3% | -4.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 24.48% | -17.73% | ## Largest fall Volatility of First Trust Global Funds ICAV - First Trust Indxx Global Aerospace & Defence UCITS ETF Accu A USD in pounds, annualised from weekly returns to 13/11/2026: 24.5% over 1 year. Largest fall in the price of First Trust Global Funds ICAV - First Trust Indxx Global Aerospace & Defence UCITS ETF Accu A USD since December 2024, in pounds: −17.7% from 16/01/2026 to 06/11/2026. On 13/11/2026 the price of First Trust Global Funds ICAV - First Trust Indxx Global Aerospace & Defence UCITS ETF Accu A USD was 14.1% below its highest weekly close since December 2024 (16/01/2026), in pounds. ## Charges compared with similar funds Ongoing charge of First Trust Global Funds ICAV - First Trust Indxx Global Aerospace & Defence UCITS ETF Accu A USD 0.67% a year. Compared on 14/11/2026, 15 of the 164 other single-sector funds charge more, 0 the same and 149 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.67%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of ICBM?** The ongoing charge of ICBM is 0.67% a year — about £67 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of First Trust Global Funds ICAV - First Trust Indxx Global Aerospace & Defence UCITS ETF Accu A USD 0.67% a year. Compared on 14/11/2026, 15 of the 164 other single-sector funds charge more, 0 the same and 149 less (share classes counted once). **What does ICBM track?** ICBM tracks the Indxx Global Advanced Aerospace & Defence Index - Benchmark TR Net. **Is ICBM accumulating or distributing?** ICBM is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of ICBM?** The ISIN of ICBM is IE000NVDQXE1. An ISIN identifies one exact share class of a fund; ICBM is its ticker on the London Stock Exchange. The same share class is also listed as MISL (London Stock Exchange, US dollars) and FTGA (Xetra, euros). **What were ICBM’s returns in each of the last five years?** Calendar-year returns of ICBM in pounds (price, with income reinvested in the fund): 2025 +54.2%; 2026 to 13/11/2026 −1.3%. Past performance is not a guide to future returns. **How has ICBM done after inflation?** Over the year to 13/11/2026 ICBM’s total return was +1.9%, or −1.7% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.