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AIRR - ETF AI Analysis
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First Trust RBA American Industrial Renaissance ETF (AIRR)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as Kratos Defense and Sterling Infrastructure, have delivered strong year-to-date gains, supporting overall performance.
Industrial Sector Focus
The ETF's heavy exposure to the industrials sector aligns with growth trends in infrastructure and manufacturing, which have shown resilience.
Healthy Year-to-Date Performance
The fund has achieved solid year-to-date returns, indicating strong momentum in its holdings and strategy.
Negative Factors
High Sector Concentration
Nearly 90% of the ETF is allocated to industrials, which increases vulnerability to sector-specific downturns.
Limited Geographic Diversification
With almost 100% exposure to U.S. companies, the ETF lacks protection against global market opportunities or risks.
Relatively High Expense Ratio
The ETF's expense ratio is higher than many similar funds, which could reduce net returns for investors over time.
AIRR vs. SPDR S&P 500 ETF (SPY)
AUM7.03B
RegionNorth America
Expense Ratio0.70%
Beta1.30
IssuerFirst Trust
Inception DateMar 10, 2014
Dividend Yield0.17%
Asset ClassEquity
Index TrackedRichard Bernstein Advisors American Industrial Renaissance Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume522,010
30 Day Avg. Volume578,044
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
113.67Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering52
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AIRR Summary
The First Trust RBA American Industrial Renaissance ETF (AIRR) is an investment fund that focuses on U.S. industrial companies benefiting from the revival of manufacturing and infrastructure development. It tracks the Richard Bernstein Advisors American Industrial Renaissance Index and includes well-known companies like EMCOR Group and Comfort Systems. Investors might consider AIRR for its potential to grow alongside the revitalization of the U.S. industrial sector, offering exposure to both established and innovative firms. However, since it is heavily focused on industrials, its performance can be impacted by economic downturns or reduced infrastructure spending.
How much will it cost me?The First Trust RBA American Industrial Renaissance ETF (AIRR) has an expense ratio of 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on a specific niche within the industrials sector to capture growth opportunities. Active management typically involves more research and trading, which increases costs.
What would affect this ETF?AIRR could benefit from increased government spending on infrastructure projects and the growing focus on revitalizing U.S. manufacturing, which aligns with its industrial sector exposure. However, rising interest rates or economic slowdowns could negatively impact industrial companies, as borrowing costs and demand for construction and manufacturing may decline. Additionally, regulatory changes or trade tensions could pose risks to its U.S.-focused holdings.
AIRR Top 10 Holdings
The AIRR ETF is firmly rooted in the U.S. industrial sector, with names like Comfort Systems and MasTec leading the charge thanks to rising revenue and strategic growth initiatives. Huntington Ingalls is also steady, benefiting from operational improvements, though government-related risks loom. On the flip side, Saia is lagging, weighed down by declining revenue and cash flow concerns despite its expansion efforts. With nearly 90% of its holdings in industrials, this fund is a concentrated bet on the American manufacturing revival, offering a mix of stability and growth potential for investors focused on domestic opportunities.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| CH Robinson | 4.42% | $311.29M | $19.81B | 60.92% | 72 Outperform | |
| Comfort Systems | 4.23% | $298.08M | $36.51B | 129.89% | 80 Outperform | |
| MasTec | 3.90% | $275.03M | $18.65B | 60.84% | 74 Outperform | |
| Kirby | 3.80% | $267.71M | $6.42B | 17.34% | 77 Outperform | |
| Saia | 3.64% | $256.81M | $9.74B | -20.20% | 73 Outperform | |
| Huntington Ingalls | 3.63% | $255.66M | $14.43B | 87.94% | 69 Neutral | |
| EMCOR Group | 3.28% | $231.34M | $29.36B | 36.80% | 73 Outperform | |
| Karman Holdings Inc. | 3.27% | $230.67M | $11.96B | ― | 62 Neutral | |
| F.N.B. | 3.25% | $229.02M | $6.34B | 20.18% | 75 Outperform | |
| Kratos Defense | 3.20% | $225.49M | $15.52B | 215.96% | 60 Neutral |
AIRR Technical Analysis
Positive
―
Price Trends
98.74
Positive
96.49
Positive
86.96
Positive
Market Momentum
1.46
Negative
61.70
Neutral
90.81
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AIRR, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 101.09, equal to the 50-day MA of 98.74, and equal to the 200-day MA of 86.96, indicating a bullish trend. The MACD of 1.46 indicates Negative momentum. The RSI at 61.70 is Neutral, neither overbought nor oversold. The STOCH value of 90.81 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AIRR.
AIRR Peer Comparison
Comparison Results
Performance Comparison
AIRR
First Trust RBA American Industrial Renaissance ETF
104.55
28.14
36.83%
PPA
Invesco Aerospace & Defense ETF
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VIS
Vanguard Industrials ETF
―
―
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XAR
SPDR S&P Aerospace & Defense ETF
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IYJ
iShares U.S. Industrials ETF
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―
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FIDU
Fidelity MSCI Industrial Index ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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