First Trust RBA American Industrial RenaissanceTM ETF
$102.62−0.39 (−0.38%)
- 0.69%
- $9.0B
- +9.6%
- 0.09%
- 0.7M sh
- $104.17
- low $90.51high $135.05
The ETF.net AIRR Grade
C
Score 52 out of 100
- 14 of 34
Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D27 out of 100Rank 25 of 34Mission
Whether the fund did what it promised, tested against its stated mandate.D39 out of 100Rank 6 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 30 of 34Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A94 out of 100Rank 3 of 34Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A79 out of 100Rank 5 of 32Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A87 out of 100Rank 2 of 34
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
- 58
- 31%
- FPS
Sectors
- Industrials79.4%
- Materials8.1%
- Financials7.3%
- Energy4.2%
- Utilities1.1%
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$10,958
Returns run to the Oct 12, 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 | +4.8% |
| 1 month | −4.0% |
| 3 months | −16.7% |
| 1 year | +9.6% |
| 3 years | +26.8% |
| 5 years | +20.2% |
| 10 years | +18.0% |
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 | +4.8% | |
| 2025 | +27.9% | |
| 2024 | +33.4% | |
| 2023 | +31.4% | |
| 2022 | −2.1% | |
| 2021 | +33.0% | |
| 2020 | +17.2% |
AIRR in the news
AIRR Dividends
- 0.09%
- $0.09
- $0.07 per share
- Quarterly
Distribution history
AIRR Risk
- 26.6%
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.
- 0.85
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.
- 1.29
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.
Other funds in Infrastructure
- CBKGIBNY Mellon Global Infrastructure Income ETFExpense ratio 0.65%1 year return +11.2%
- CNUIFNuveen US Infrastructure ETFExpense ratio 0.55%1 year return —
- CEVXVanEck Environmental Services ETFExpense ratio 0.55%1 year return +2.6%
- CSRVRPacer Data & Infrastructure Real Estate ETFExpense ratio 0.49%1 year return −1.9%
- CBILDNomura Global Listed Infrastructure ETFExpense ratio 0.49%1 year return +5.0%