First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is a industrials and materials ETF. As of October 28, 2026, ETF Copilot scores AIRR 4.6 out of 10 — highest on Return (8.5), lowest on Value (1.2). It trades at 24.1 times earnings, against its own median of 17.9. Its ten largest holdings are 33% of the fund.
What stands out in AIRR's data
U.S. industrial and banking stocks tied to domestic manufacturing.
Has outpaced the typical industrial fund over a three-year stretch — a run that has rewarded the reshoring bet.
A 29% annualized return over three years tops the 20% category median. Profitability is a weaker spot: its 16.3% EBITDA margin trails the 21.2% norm.
A reshoring-themed sleeve that pairs with a broad industrial allocation.
How is AIRR rated? ETF Copilot scores First Trust RBA American Industrial RenaissanceTM ETF (AIRR) 4.6 out of 10
As of October 28, 2026, ETF Copilot scores First Trust RBA American Industrial RenaissanceTM ETF (AIRR) 4.6 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.6 / 10
- Growth: 6.7 / 10
- Value: 1.2 / 10
- Risk: 2.0 / 10
- Quality: 1.4 / 10
- Return: 8.5 / 10
Is AIRR expensive right now? It trades at 24.1 times earnings, against its own median of 17.9
As of October 28, 2026, AIRR is more expensive than 82% of its own last 9 years.
Trailing 12 months, built from AIRR's holdings. How we calculate this →
What's inside AIRR?
What's inside AIRR: Size (Large 0%, Mid 77%, Small 23%); Geography (International 0%, US 100%).
What are AIRR's top holdings? The ten largest are 33% of the fund
C.H. Robinson Worldwide, Karman, Kratos Defense & Security Solutions, BWX Technologies, Herc, Owens Corning, RBC Bearings, Huntington Ingalls Industries, Dycom Industries and Nextpower are AIRR's largest holdings, in that order.
Less concentrated than 77% of Industrials & Materials ETFs.
Half of AIRR's weight sits in its 17 largest positions, and once those weights are taken into account it behaves like 43 equally weighted holdings.
What is AIRR's expense ratio? 0.69% a year
As of October 28, 2026, AIRR charges 0.69% a year, yields 0.07% and holds $8.4B in assets across 55 positions.
| Measure | AIRR |
|---|---|
| Expense ratio | 0.69% |
| Dividend yield | 0.07% |
| Assets under management | $8.4B |
| Holdings | 55 |
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.
Cite this
ETF Copilot, “First Trust RBA American Industrial RenaissanceTM ETF (AIRR) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/airr
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