First Trust RBA American Industrial RenaissanceTM ETF
AIRR
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Zhigang Yuan
- Full Time Employees
- 107
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Mar 11, 2014
- CIK
- 0001552740
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust RBA American Industrial Renaissance ETF (AIRR) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before fees and expenses, of the Richard Bernstein Advisors American Industrial Renaissance Index. The fund provides targeted exposure to small- and mid-cap U.S. companies in the industrial sector and community banking segment, with approximately 86% allocation to industrials including construction, engineering, infrastructure, manufacturing, transportation, and defense-related firms; financials comprising community banks; and minor utilities exposure. Top holdings as of late 2025 include C.H. Robinson Worldwide Inc., Comfort Systems USA Inc., MasTec Inc., Kirby Corp., and Argan Inc., among roughly 52 securities focused on U.S. domestic operations. Launched on March 10, 2014, and managed by First Trust Advisors L.P., with index provision by Richard Bernstein Advisors, AIRR trades on the Nasdaq and targets investors seeking industrials sector growth and potential U.S. industrial renaissance themes. The fund holds assets under management exceeding $6 billion as of late 2025, reflecting strong inflows and institutional interest evidenced by recent stakes acquired by firms such as Bank of Montreal, Envestnet Asset Management, and Comerica Bank in 2025. In early 2025, AIRR surpassed $3 billion in net assets for the first time as of January 6, ranking as the top-performing fund in Morningstar's Industrials category across 1-year (#1/41), 5-year (#1/32), 10-year (#1/25), and inception-to-date periods, with a 1-year NAV return of 33.43% as of December 31, 2024, outperforming the S&P 500 Industrials Index. The ETF maintains an expense ratio of 0.70% and a low dividend yield of about 0.18%, positioning it as a growth-oriented vehicle amid ongoing portfolio adjustments to reflect index multifactor selection criteria emphasizing U.S. industrials resurgence.