FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETFFIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETFFIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF

FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF

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Key stats


Assets under management (AUM)
‪67.00 B‬MXN
Fund flows (1Y)
‪47.94 B‬MXN
Dividend yield (indicated)
0.27%
Discount/Premium to NAV
0.7%
Shares outstanding
‪884.57 M‬
Expense ratio
0.70%

About FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
Mar 10, 2014
Structure
Open-Ended Fund
Index tracked
Richard Bernstein Advisors American Industrial Renaissance Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
AIRR is passively managed to select large- and midcap US companies from the Russel 2500 with the following industries: Commercial Services & Supplies, Construction & Engineering, Electrical Equipment, Machinery, and Banks. Firms must also have a positive 12-months forward earnings consensus estimate to be considered in the index. AIRR excludes community banks outside traditional mid-western manufacturing hubs, like Pennsylvania, Wisconsin, Michigan, Ohio, Illinois, Indiana and Iowa. Firms with non-US sales of more than 25% are also excluded. The index is weighted using proprietary portfolio optimization method and ensures that Banks will have a 10% sector cap and issuers will not exceed a 4% weight. The Index is reconstituted and rebalanced quarterly.

Classification


Asset Class
Equity
Category
Sector
Focus
Industrials
Niche
Broad-based
Strategy
Multi-factor
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Industrial Services
Producer Manufacturing
Transportation
Finance
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to AIRR via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AIRR trades at 1,480.00 MXN today, its price has fallen −2.10% in the past 24 hours. Track more dynamics on AIRR price chart.
AIRR net asset value is 1,457.81 today — it's risen 14.06% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AIRR assets under management is ‪67.00 B‬ MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AIRR price has risen by 15.54% over the last month, and its yearly performance shows a 39.22% increase. See more dynamics on AIRR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 14.06% over the last month, showed a −4.05% decrease in three-month performance and has increased by 26.32% in a year.
AIRR fund flows account for ‪47.94 B‬ MXN (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AIRR invests in stocks. See more details in our Analysis section.
AIRR expense ratio is 0.70%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, AIRR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, AIRR pays dividends to its holders with the dividend yield of 0.27%.
AIRR trades at a premium (0.68%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AIRR shares are issued by AJM Ventures LLC
AIRR follows the Richard Bernstein Advisors American Industrial Renaissance Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 10, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.