- What are the top holdings of AIRR?
- First Trust RBA American Industrial RenaissanceTM ETF holds 60 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does AIRR have?
- AIRR holds 60 positions as reported by the fund's most recent disclosure.
- What sectors does AIRR invest in?
- First Trust RBA American Industrial RenaissanceTM ETF (AIRR) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is AIRR most exposed to?
- AIRR's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is AIRR a US-only fund?
- The country allocation card on this page shows AIRR's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does AIRR invest in?
- AIRR is passively managed to select large- and midcap US companies from the Russel 2500 with the following industries: Commercial Services & Supplies, Construction & Engineering, Electrical Equipment, Machinery, and Banks. Firms must also have a positive 12-months forward earnings consensus estimate to be considered in the index. AIRR excludes community banks outside traditional mid-western manufacturing hubs, like Pennsylvania, Wisconsin, Michigan, Ohio, Illinois, Indiana and Iowa. Firms with non-US sales of more than 25% are also excluded. The index is weighted using proprietary portfolio optimization method and ensures that Banks will have a 10% sector cap and issuers will not exceed a 4% weight. The Index is reconstituted and rebalanced quarterly.
