AIRR - ETF AI Analysis
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First Trust RBA American Industrial Renaissance ETF (AIRR)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and in recent months, indicating solid momentum.
Top Holdings With Strong Gains
Most of the largest positions, such as Comfort Systems, MasTec, Argan, and Sterling Infrastructure, have delivered strong year-to-date gains that support the fund’s returns.
Focused Exposure to U.S. Industrial Rebound
The fund is heavily invested in U.S. industrial companies, giving investors targeted exposure to a potential ongoing industrial recovery in the American economy.
Negative Factors
High Sector Concentration
With the vast majority of assets in industrials, the ETF is vulnerable if this single sector faces a downturn.
Limited Geographic Diversification
Almost all holdings are in U.S. companies, so the fund offers little protection if the U.S. market weakens compared with other regions.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can slowly reduce investors’ net returns over time.
AIRR vs. SPDR S&P 500 ETF (SPY)
AUM11.23B
RegionNorth America
Expense Ratio0.69%
Beta1.22
IssuerFirst Trust
Inception DateMar 10, 2014
Dividend Yield0.14%
Asset ClassEquity
Index TrackedRichard Bernstein Advisors American Industrial Renaissance Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume657,616
30 Day Avg. Volume742,065
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
150.36Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering51
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AIRR Summary
AIRR is an exchange-traded fund (ETF) that follows the Richard Bernstein Advisors American Industrial Renaissance Index, focusing on U.S. industrial and manufacturing companies. It mainly holds industrial businesses that benefit from infrastructure spending, new factories, and updated technology in American production. Well-known names in the fund include CH Robinson and BWX Technologies. Someone might invest in AIRR to seek growth from the comeback of U.S. manufacturing while getting diversification across many industrial companies. A key risk is that it is heavily tied to the industrial sector, so its value can rise or fall sharply with changes in the economy and manufacturing activity.
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
AIRR is riding the wave of a U.S. manufacturing comeback, with heavy exposure to industrial and infrastructure names. Sterling Infrastructure and Comfort Systems are doing much of the heavy lifting, with rising share prices fueled by strong earnings and growth projects. Argan and MasTec are also pulling their weight, though rich valuations keep them from really breaking away. On the flip side, Owens Corning looks more like a flat tire, with weaker fundamentals holding back momentum. Overall, this is a U.S.-centric bet on industrial revival, not a globally diversified mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Sterling Infrastructure | 6.00% | $689.25M | $26.45B | 319.21% | 71 Outperform | |
| Argan | 4.73% | $543.58M | $10.36B | 278.81% | 73 Outperform | |
| Comfort Systems | 4.41% | $507.41M | $69.26B | 310.85% | 80 Outperform | |
| MasTec | 4.18% | $480.65M | $30.00B | 144.27% | 74 Outperform | |
| CH Robinson | 4.08% | $468.86M | $21.81B | 99.12% | 72 Outperform | |
| Owens Corning | 3.89% | $447.31M | $10.32B | -7.99% | 52 Neutral | |
| Dycom | 3.76% | $431.76M | $13.71B | 98.63% | 80 Outperform | |
| EMCOR Group | 3.75% | $430.83M | $37.18B | 75.67% | 73 Outperform | |
| Saia | 3.53% | $406.01M | $11.61B | 61.50% | 73 Outperform | |
| BWX Technologies | 2.97% | $340.99M | $18.82B | 47.82% | 75 Outperform |
AIRR Technical Analysis
Neutral
―
Price Trends
128.24
Negative
122.08
Positive
111.43
Positive
Market Momentum
0.65
Positive
44.35
Neutral
36.59
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AIRR, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 129.65, equal to the 50-day MA of 128.24, and equal to the 200-day MA of 111.43, indicating a neutral trend. The MACD of 0.65 indicates Positive momentum. The RSI at 44.35 is Neutral, neither overbought nor oversold. The STOCH value of 36.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AIRR.
AIRR Peer Comparison
Comparison Results
Performance Comparison
AIRR
First Trust RBA American Industrial Renaissance ETF
125.91
42.37
50.72%
VGT
Vanguard Information Technology ETF
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XLK
Technology Select Sector SPDR Fund
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XLF
Financial Select Sector SPDR Fund
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XLI
Industrial Select Sector SPDR Fund
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ITA
iShares U.S. Aerospace & Defense 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.
DisclaimerThis 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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