First Trust RBA American Industrial Renaissance ETF
AIRR - ETF AI Analysis
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First Trust RBA American Industrial Renaissance ETF (AIRR)
AIRR’s rating reflects a solid mix of industrial and infrastructure companies, with strong contributors like Dycom, NEXTracker, RBC Bearings, BWX Technologies, and Argan, all showing robust financial performance, positive earnings calls, and generally supportive technical trends that lift the fund’s overall quality. However, weaker names such as Owens Corning, which faces declining revenues, profitability challenges, and bearish technical signals, along with holdings that have high valuations or leverage risks, slightly weigh on the rating. The main risk factor is the fund’s concentration in industrial and infrastructure-related businesses, which can make performance more sensitive to economic cycles and sector-specific pressures.
AIRR vs. SPDR S&P 500 ETF (SPY)
- AUM
- 8.14B
- Region
- North America
- Expense Ratio
- 0.69%
- Beta
- 1.15
- Issuer
- First Trust
- Inception Date
- Mar 10, 2014
- Dividend Yield
- 0.18%
- Asset Class
- Equity
- Index Tracked
- Richard Bernstein Advisors American Industrial Renaissance Index
AIRR Summary
AIRR is an exchange-traded fund that follows the Richard Bernstein Advisors American Industrial Renaissance Index, focusing on U.S. industrial and related companies. It mainly holds businesses tied to manufacturing, infrastructure, and industrial services, with some exposure to financial and technology firms. Well-known names in the fund include CH Robinson and Owens Corning. Someone might invest in AIRR to benefit from potential growth in American manufacturing and infrastructure while getting diversification across many industrial companies. A key risk is that it is heavily focused on the industrial sector, so its value can rise or fall sharply with changes in the U.S. economy and manufacturing activity.
How much will it cost me?
AIRR has an expense ratio of 0.69%, which means you’ll pay about $6.90 per year for every $1,000 invested. This cost is higher than the average ETF because AIRR is actively managed, aiming to select specific industrial companies rather than simply tracking a broad market index.
What would affect this ETF?
AIRR could benefit if U.S. manufacturing, infrastructure spending, and industrial technology continue to grow, supporting its heavy exposure to industrial companies like Sterling Infrastructure and Owens Corning, and if the domestic economy remains strong. On the downside, higher interest rates, slower economic growth in the U.S., or reduced government and private investment in infrastructure and industrial projects could hurt demand for its core holdings, while any sector-specific regulations or cost pressures could also weigh on performance.
AIRR Top 10 Holdings
AIRR is essentially a bet on the U.S. industrial comeback, with names like Herc Holdings and RBC Bearings quietly doing the heavy lifting as their shares trend higher or stay resilient. On the flip side, Karman Holdings and Kratos Defense have been lagging, acting like sandbags on the fund’s recent performance, while Dycom’s mixed trading has added some bumpiness. The ETF is firmly anchored in U.S. industrials, with a dash of defense and infrastructure, so investors are getting a concentrated play on American manufacturing rather than a global, tech-heavy mix.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 KRMN | Karman Holdings Inc. | 4.12% | $341.01M | $5.82B | -35.59% | 62Neutral |
 NXT | Nextpower Inc | 3.91% | $324.19M | $15.03B | -4.95% | 78Outperform |
 CHRW | CH Robinson | 3.54% | $293.00M | $14.96B | -11.24% | 72Outperform |
 OC | Owens Corning | 3.34% | $276.47M | $9.48B | 18.86% | 52Neutral |
 HII | Huntington Ingalls | 3.47% | $287.37M | $12.36B | -3.16% | 69Neutral |
 HRI | Herc Holdings | 3.64% | $301.69M | $5.51B | 23.31% | 67Neutral |
 RBC | RBC Bearings | 3.24% | $268.36M | $15.54B | 11.77% | 77Outperform |
 CNM | Core & Main | 3.06% | $253.52M | $9.04B | -8.18% | 71Outperform |
 BWXT | BWX Technologies | 3.10% | $256.63M | $11.60B | -35.76% | 75Outperform |
 KTOS | Kratos Defense | 3.06% | $253.19M | $6.91B | -52.10% | 60Neutral |
AIRR Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AIRR, the sentiment is Neutral. The current price of 99.75 is above the 20-day moving average (MA) of 98.11, below the 50-day MA of 102.45, and below the 200-day MA of 116.27, indicating a neutral trend. The MACD of -1.61 indicates Negative momentum. The RSI at 50.08 is Neutral, neither overbought nor oversold. The STOCH value of 70.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AIRR.
AIRR Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| AIRR | $99.75 | $104.00(4.26% Upside) | $8.14B | 0.69% | 68Neutral |
 VIS | $328.71 | $402.74(22.52% Upside) | $7.78B | 0.09% | 70Outperform |
 PPA | $162.22 | $199.16(22.77% Upside) | $7.55B | 0.58% | 67Neutral |
 XAR | $240.07 | $328.22(36.72% Upside) | $5.24B | 0.35% | 64Neutral |
 FIDU | $90.75 | $108.53(19.60% Upside) | $2.29B | 0.08% | 70Outperform |
 IYJ | $161.78 | $188.81(16.70% Upside) | $1.86B | 0.37% | 71Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AIRR | First Trust RBA American Industrial Renaissance ETF | 99.75 | 5.70 | 6.06% | |
| VIS | Vanguard Industrials ETF | 328.71 | 39.31 | 13.58% | |
| PPA | Invesco Aerospace & Defense ETF | 162.22 | 11.98 | 7.97% | |
| XAR | SPDR S&P Aerospace & Defense ETF | 240.07 | 12.41 | 5.45% | |
| FIDU | Fidelity MSCI Industrial Index ETF | 90.75 | 10.76 | 13.45% | |
| IYJ | iShares U.S. Industrials ETF | 161.78 | 19.79 | 13.94% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.