Key stats
About FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF
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Inception date
Mar 10, 2014
Structure
Open-Ended Fund
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Industrial Services
Producer Manufacturing
Transportation
Finance
Stocks99.91%
Industrial Services27.93%
Producer Manufacturing22.73%
Transportation13.73%
Finance12.07%
Electronic Technology9.97%
Distribution Services8.79%
Process Industries2.58%
Miscellaneous1.32%
Consumer Durables0.78%
Bonds, Cash & Other0.09%
Cash0.09%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
AIRR invests in stocks. The fund's major sectors are Industrial Services, with 27.93% stocks, and Producer Manufacturing, with 22.73% of the basket. The assets are mostly located in the North America region.
AIRR top holdings are Dycom Industries, Inc. and EMCOR Group, Inc., occupying 3.38% and 3.16% of the portfolio correspondingly.
AIRR last dividends amounted to 1.52 MXN. The quarter before, the issuer paid 1.13 MXN in dividends, which shows a 25.86% increase.
AIRR assets under management is 67.00 B MXN. It's risen 18.94% over the last month.
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.
Yes, AIRR pays dividends to its holders with the dividend yield of 0.27%. The last dividend (Mar 31, 2025) amounted to 1.52 MXN. The dividends are paid quarterly.
AIRR shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Mar 10, 2014, and its management style is Passive.
AIRR expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
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.
AIRR invests in stocks.
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.
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 trades at a premium (0.68%) meaning the ETF is trading at a higher price than the calculated NAV.