AIRR

First Trust RBA American Industrial Renaissance ETF
*Unless otherwise stated, data provided by FactSet.

AIRR Fund Description

AIRR tracks a multifactor-selected and proprietary- weighted index of industrial service and support firms and community banks that could benefit from a potential industrial revival in the US.

AIRR Factset Analytics Insight

AIRR charges a high fee for its rather nichey strategy—betting on a trickle-down effect from a US industrial revival. The strategy is quite subtle and novel. Rather than directly accessing traditional industrial names, the fund focuses on small- and midcap industrial service and support companies and local banks that could benefit from a US industrial revival. Investors need to make sure this is indeed what they believe in because there are plain-vanilla industrial ETFs that charge far less. A word of caution: Trade AIRR with care as its daily volumes are relatively weak and spreads are relatively wide.

AIRR MSCI ESG Analytics Insight

First Trust RBA American Industrial Renaissance ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.51 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust RBA American Industrial Renaissance ETF ranks in the 28th percentile within its peer group and in the 28th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

AIRR MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

AIRR Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
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  • 1 Year
  • 3 Years
  • 5 Years
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
AIRR 6.41% 16.58% 31.95% 13.77% 8.36% 9.05% --
AIRR (NAV) 6.46% 16.56% 31.80% 13.68% 8.48% 9.09% --
Richard Bernstein Advisors American Industrial Renaissance 6.54% 16.80% 32.71% -- 9.23% 9.93% --
Thomson Reuters US Industrials -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

AIRR Summary Data

First Trust
03/10/14
Open-Ended Fund
0.70%
$68.62M
$190.80K
0.16%

AIRR Portfolio Data

$2.33B
24.61
2.07
0.20%
12/13/19
58

AIRR Index Data

Richard Bernstein Advisors American Industrial Renaissance
Proprietary
Multi-Factor
Thomson Reuters US Industrials

AIRR Portfolio Management

0.70%
-0.54%
-0.34%
-0.74%

AIRR Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

AIRR Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

AIRR Factset Analytics Block Liquidity

As of 11/18/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of AIRR. AIRR is rated a 3 out of 5.

AIRR Tradability

6,927
$190.80K
5,375
$151.08K
0.16%
$0.04
-0.05%
1.15% / -0.68%
None
100.00%
50,000
0.11
0.03%
0.54%
0
$28.63
3

AIRR Sector/Industry Breakdown


AIRR
Segment Benchmark
45.01%
25.61%
25.38%
1.50%
16.05%
20.07%
9.97%
--
2.18%
--
1.41%
--

AIRR Countries


AIRR
Segment Benchmark
100.00%
99.29%
--
0.71%

AIRR Regions


AIRR
Segment Benchmark
100.00%
100.00%

AIRR Economic Development


AIRR
Segment Benchmark
100.00%
100.00%

AIRR Performance Statistics

0.81
1.05
1.01
1.01
0.55%
Thomson Reuters US Industrials

AIRR MSCI ESG Ratings

BBB
4.51 / 10
27.55
27.67
2.56%
8.99%
161.69

AIRR Benchmark Comparison Holdings

58
314
30
2.06%

AIRR Benchmark Comparison Summary


AIRR
Segment Benchmark
58
314
$2.33B
$58.13B
24.61
25.44
2.07
4.44
1.08%
1.68%
Medium
Low

AIRR Benchmark Comparison Market Cap Size


AIRR
Segment Benchmark
0.00%
77.79%
29.70%
16.46%
58.82%
5.53%
11.49%
0.22%