AIRR vs XAR: holdings overlap, shared companies and scores

As of September 11, 2026, AIRR and XAR overlap 13.0% by weight. First Trust RBA American Industrial RenaissanceTM ETF (AIRR): U.S. industrial and banking stocks. State Street SPDR S&P Aerospace & Defense ETF (XAR): U.S. aerospace and defense companies.

Updated September 11, 2026

How much do AIRR and XAR overlap?

As of September 11, 2026, AIRR and XAR overlap 13.0% by weight.

15% of AIRR is already inside XAR.

15% of XAR is already inside AIRR.

AIRR holds 57 companies and XAR holds 46; 7 are in both.

Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.

How does ETF Copilot score AIRR and XAR?

As of September 11, 2026, ETF Copilot scores AIRR 5.0 out of 10 and XAR 4.8 out of 10.

They differ most on Valuation: AIRR 1.0 and XAR 2.1.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

AIRR vs XAR — ETF Copilot factor scores, 0–10
FactorAIRRXAR
Growth8.47.9
Valuation1.02.1
Risk2.21.8
Quality1.00.6
Return8.88.4

XAR is the cheaper of the two at 0.35% a year

As of September 11, 2026, AIRR charges 0.69% a year, yields 0.69% and holds $9.5B in assets across 57 positions.

As of September 11, 2026, XAR charges 0.35% a year, yields 0.83% and holds $5.7B in assets across 46 positions.

AIRR vs XAR — cost, income and size
MeasureAIRRXAR
Expense ratio0.69%0.35%
Dividend yield0.69%0.83%
Assets under management$9.5B$5.7B
Holdings5746

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Where AIRR and XAR trade against their own history

AIRR trades at 26.4 times earnings, against its own median of 16.9, and is more expensive than 94% of its own 114 monthly readings since 2017.

XAR trades at 33.8 times earnings, against its own median of 24.4, and is more expensive than 89% of its own 114 monthly readings since 2017.

What moved XAR this week

XAR fell 3.1% in the week to September 11, 2026. The holdings that moved it most were Axon Enterprise (−10.9%), Howmet Aerospace (−11.9%) and Karman (−12.9%); Ducommun (+3.7%) pushed the other way.

What do AIRR and XAR each hold?

What's inside AIRR: Tech 3%.

31% of AIRR is its ten largest holdings.

What's inside XAR: Tech 2%.

31% of XAR is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “AIRR vs XAR holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/airr-vs-xar

  1. First Trust RBA American Industrial RenaissanceTM ETF (AIRR)
  2. State Street SPDR S&P Aerospace & Defense ETF (XAR)

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