ATLASFirst Trust RBA American Industrial Renaissance ETF (AIRR): outlook, holdings and fees
First Trust RBA American Industrial Renaissance ETF (AIRR) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.73% and the yield is 0.09%. The ten largest holdings are 31% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on AIRR
| Last price | $100.96 (+2.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 52% |
| Likely 1-month range (50%) | $96.67 – $106.04 |
| Normal 1-day range (±1σ) | ±1.6% |
| Distribution yield | 0.09% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
AIRR fund facts
| Issuer | First Trust |
|---|---|
| Theme | Industrials |
| Assets under management | $9.0B |
| Expense ratio | 0.73% |
| Number of holdings | 50 |
| Portfolio turnover | 49% |
| Inception | Mar 10, 2014 |
| Exchange | NASDAQ |
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors.
AIRR top holdings
| Holding | Sector | Weight |
|---|---|---|
| Forgent Power Solutions, Inc. FPS | Industrials | 3.59% |
| IES Holdings Inc IESC | Industrials | 3.63% |
| Nextpower Inc. NXT | Technology | 3.08% |
| Kratos Defense & Security Solutions KTOS | Industrials | 2.92% |
| Powell Industries Inc POWL | Industrials | 2.92% |
| BWX Technologies Inc BWXT | Industrials | 2.90% |
| RBC Bearings Incorporated RBC | Industrials | 3.02% |
| Sterling Infrastructure, Inc. STRL | Industrials | 2.90% |
| SPX TECHNOLOGIES DL 10 SPW0 | Industrials | 2.92% |
| Saia Inc SAIA | Industrials | 2.83% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
AIRR sector breakdown
| Sector | Weight |
|---|---|
| Industrials | 86.7% |
| Financial Services | 7.7% |
| Technology | 4.5% |
| Utilities | 1.1% |
By region: North America 100.0%.
AIRR returns and risk
| Year to date | +5.8% |
|---|---|
| 1 year | +7.3% |
| 3 years (annualised) | +27.4% |
| 5 years (annualised) | +19.7% |
| 10 years (annualised) | +18.6% |
| Volatility (3 years) | 27.4% |
| Sharpe ratio (3 years) | 0.87 |
Past returns do not guarantee future results.
AIRR: frequently asked questions
What does AIRR invest in?
First Trust RBA American Industrial Renaissance ETF invests in a portfolio of securities. Its largest holdings are Forgent Power Solutions, Inc. (3.6%), IES Holdings Inc (3.6%), Nextpower Inc. (3.1%), Kratos Defense & Security Solutions (2.9%), Powell Industries Inc (2.9%).
What is the AIRR expense ratio?
0.73% a year: about $73.00 for every $10,000 invested.
What is the AIRR dividend yield?
0.09%. ATLAS does not hold the exact distribution dates for ETFs.
Will AIRR go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 52%, with a likely range (50%) of $96.67 to $106.04 from $100.96 today. It is a probability, not a prediction.
How has AIRR performed?
Year to date +5.8%, one year +7.3%, three years +27.4% a year, five years +19.7% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer