Is AIRR a good investment?

First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is a industrials and materials ETF. As of September 11, 2026, ETF Copilot scores AIRR 5.0 out of 10 — highest on Return (8.8), lowest on Valuation (1.0). It trades at 26.4 times earnings, against its own median of 16.9. Its ten largest holdings are 31% of the fund.

Updated September 11, 2026

How is AIRR rated? ETF Copilot scores First Trust RBA American Industrial RenaissanceTM ETF (AIRR) 5.0 out of 10

As of September 11, 2026, ETF Copilot scores First Trust RBA American Industrial RenaissanceTM ETF (AIRR) 5.0 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.0 / 10
Growth: 8.4 / 10
Valuation: 1.0 / 10
Risk: 2.2 / 10
Quality: 1.0 / 10
Return: 8.8 / 10

AIRR is ranked #9 of 10 in ETF Copilot's Real Assets list.

What is AIRR's expense ratio? 0.69% 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.

First Trust RBA American Industrial RenaissanceTM ETF (AIRR) — cost, income and size
Measure	AIRR
Expense ratio	0.69%
Dividend yield	0.69%
Assets under management	$9.5B
Holdings	57

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.

What stands out in AIRR's data

U.S. industrial and banking stocks tied to domestic manufacturing.

Has returned more over the last three years than most peers — a stretch of performance that outpaces the typical industrial fund.

A 26% annualized three-year return outpaces the 16% peer median. The fund's EBITDA margin of 14.6% and expense ratio of 0.69% add context.

A reshoring-themed sleeve that pairs with a broad industrial allocation.

Is AIRR expensive right now? It trades at 26.4 times earnings, against its own median of 16.9

As of September 11, 2026, AIRR is more expensive than 94% of its own 114 monthly readings since 2017 — 107 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside AIRR?

What's inside AIRR: Size (Large 0%, Mid 82%, Small 18%); Geography (International 0%, US 100%); Tech 2.9%.

What are AIRR's top holdings? The ten largest are 31% of the fund

IES, Kratos Defense & Security Solutions, SPX Technologies, BWX Technologies, Owens Corning, Nextpower, Saia, C.H. Robinson Worldwide, Huntington Ingalls Industries and Powell Industries are AIRR's largest holdings, in that order.

Less concentrated than 72% of Industrials & Materials ETFs.

Half of AIRR's weight sits in its 18 largest positions, and once those weights are taken into account it behaves like 45 equally weighted holdings.

Cite this

ETF Copilot, “First Trust RBA American Industrial RenaissanceTM ETF (AIRR) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/airr