First Trust RBA American Industrial RenaissanceTM ETF
$105.93−0.15 (−0.15%)
- Expense ratio
- 0.69%
- Fund size
- $9.2B
- 1Y return
- +10.3%
- Yield · Last 12 months
- 0.10%
- Holdings
- 57
- Volume · 30D
- 0.7M sh
- NAV per share
- $106.41
- 52W range
The ETF.net AIRR Grade
Score 51 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 27Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.DScore 35Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 30Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 95Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 78Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 87Category rank
Our read on AIRR
CA 2014 bet on American factories from Richard Bernstein: about 60 small- and mid-cap US industrials plus the community banks that lend to them. Not toll roads and pipelines. Machine shops, truckers, Main Street lenders.
The fund tracks an index of small- and mid-cap U.S. companies focused on industrial activity and community banking. The index emphasizes infrastructure, manufacturing, transportation, and related services.
Why people hold it
- Unusual pairing: manufacturers and transport names sit next to community banks, the lenders that finance small-town factory expansion. Both sides of one idea.ftportfolios.com
- Running since 2014, well before reshoring hit headlines, on a Richard Bernstein Advisors index that has kept the fund in the same lane.
- A multi-billion-dollar fund that trades actively, so getting in and out is typically cheap in normal markets. Pays quarterly.
- Sits in the upper half of its infrastructure peer group, with a portfolio that stays close to what its index describes.
Worth knowing
- At 0.69%, it charges more than the typical fund in its infrastructure group, and more than double index peers like IFRA at 0.30%.
- Small caps, cyclicals and regional banks all swing with the economy, and a roughly 60-stock lineup means individual names carry real weight.
- Filed under infrastructure, but it is not pipelines and airports. It can behave very differently from global infrastructure funds like IGF.
AIRR Holdings
- Stocks
- 57
- 31%
- IESC
Sectors
- Industrials79.4%
- Materials8.2%
- Financials7.3%
- Energy3.9%
- Utilities1.2%
Geography
- United States100.00%
AIRR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
AIRR$11,029
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AIRR |
|---|---|
| Year to date | +8.0% |
| 1 month | −8.0% |
| 3 months | −20.4% |
| 1 year | +10.3% |
| 3 years | +27.5% |
| 5 years | +21.6% |
| 10 years | +18.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AIRR |
|---|---|---|
| 2026 YTD | +8.0% | |
| 2025 | +27.9% | |
| 2024 | +33.4% | |
| 2023 | +31.4% | |
| 2022 | −2.1% | |
| 2021 | +33.0% | |
| 2020 | +17.2% |
AIRR in the news
AIRR Dividends
- 0.10%
- $0.11
- $0.07 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Mar 26, 2026 | Mar 31, 2026 | $0.07 |
| Dec 12, 2025 | Dec 31, 2025 | $0.03 |
| Sep 25, 2025 | Sep 30, 2025 | $0.01 |
| Jun 26, 2025 | Jun 30, 2025 | $0.07 |
| Mar 27, 2025 | Mar 31, 2025 | $0.08 |
| Dec 13, 2024 | Dec 31, 2024 | $0.06 |
| Sep 26, 2024 | Sep 30, 2024 | $0.04 |
| Jun 27, 2024 | Jun 28, 2024 | $0.03 |
| Mar 21, 2024 | Mar 28, 2024 | $0.0096 |
| Dec 22, 2023 | Dec 29, 2023 | $0.04 |
| Sep 22, 2023 | Sep 29, 2023 | $0.02 |
| Jun 27, 2023 | Jun 30, 2023 | $0.04 |
AIRR Risk
- 26.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.82
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −27.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.27
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AIRR Cost
0.69%
AIRR0.69%
- The middle half of Infrastructure funds
- Median 0.55%
23 of the 33 Infrastructure funds charge less.