XLI - AIRR: A Thematic ETF With Meaning And Results
2024-02-14 09:57:30 ET
Summary
- First Trust RBA American Industrial Renaissance ETF is invested in small-cap companies of the industrial and banking sectors.
- The fund has a thematic strategy focused on the traditional domestic economy, but it cannot eliminate the risks related to upstream global supply chains.
- AIRR is superior to a small cap industrial benchmark regarding growth metrics, quality and total return.
AIRR strategy
First Trust RBA American Industrial Renaissance ETF (AIRR) started investing operations on 3/10/2014 and tracks the Richard Bernstein Advisors American Industrial Renaissance® Index. It has 47 holdings, a trailing 12-month yield of 0.24% and a total expense ratio of 0.70%. Distributions are paid quarterly....
AIRR: A Thematic ETF With Meaning And Results