XLI - AIRR: An Industrials Fund That's Working Very Well
2024-05-09 17:35:16 ET
Summary
- First Trust RBA American Industrial Renaissance ETF tracks an index that identifies companies benefiting from the U.S. manufacturing renaissance.
- The index uses a quantitative methodology to select companies with strong profitability and competitive advantage in the industrial sector.
- AIRR has outperformed traditional passive industrials ETFs and offers exposure to potential growth and profitability in the U.S. industrial sector.
I always like to see funds that try to do something more niche and specific to stand out in a crowded field, and that's one of the reasons the First Trust RBA American Industrial Renaissance® ETF ( AIRR ) calls to me. This fund tracks the Richard Bernstein Advisors American Industrial Renaissance® Index, a proprietary index that seeks to identify companies poised to benefit from the revitalization of the U.S. industrial sector....
AIRR: An Industrials Fund That's Working Very Well