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First Trust RBA American Industrial Renaissance ETF (AIRR)

ETF · Currency in USD · Last updated Mar 23, 2023

AIRR is a passive ETF by First Trust tracking the investment results of the Richard Bernstein Advisors American Industrial Renaissance (TR). AIRR launched on Mar 10, 2014 and has a 0.70% expense ratio.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in First Trust RBA American Industrial Renaissance ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $24,032 for a total return of roughly 140.32%. All prices are adjusted for splits and dividends.


100.00%120.00%140.00%160.00%NovemberDecember2023FebruaryMarch
140.32%
111.34%
AIRR (First Trust RBA American Industrial Renaissance ETF)
Benchmark (^GSPC)

S&P 500

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Return

First Trust RBA American Industrial Renaissance ETF had a return of 4.99% year-to-date (YTD) and 5.96% in the last 12 months. Over the past 10 years, First Trust RBA American Industrial Renaissance ETF had an annualized return of 10.23%, outperforming the S&P 500 benchmark which had an annualized return of 8.67%.


PeriodReturnBenchmark
1 month-7.23%-3.48%
Year-To-Date4.99%2.54%
6 months13.31%2.10%
1 year5.96%-11.75%
5 years (annualized)12.22%8.30%
10 years (annualized)10.23%8.67%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202310.92%1.70%
2022-8.92%17.53%4.18%-5.68%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current First Trust RBA American Industrial Renaissance ETF Sharpe ratio is 0.22. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00NovemberDecember2023FebruaryMarch
0.22
-0.50
AIRR (First Trust RBA American Industrial Renaissance ETF)
Benchmark (^GSPC)

Dividend History

First Trust RBA American Industrial Renaissance ETF granted a 0.12% dividend yield in the last twelve months. The annual payout for that period amounted to $0.05 per share.


PeriodTTM202220212020201920182017201620152014
Dividend$0.05$0.05$0.02$0.04$0.06$0.09$0.08$0.02$0.08$0.07

Dividend yield

0.12%0.12%0.05%0.10%0.20%0.43%0.30%0.08%0.48%0.38%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust RBA American Industrial Renaissance ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.05
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.02
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.05
2018$0.00$0.00$0.01$0.00$0.00$0.02$0.00$0.00$0.02$0.00$0.00$0.05
2017$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.03$0.00$0.00$0.03
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.01
2015$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.02$0.00$0.00$0.05
2014$0.03$0.00$0.00$0.01$0.00$0.00$0.03

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2023FebruaryMarch
-10.28%
-17.92%
AIRR (First Trust RBA American Industrial Renaissance ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the First Trust RBA American Industrial Renaissance ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the First Trust RBA American Industrial Renaissance ETF is 42.37%, recorded on Mar 23, 2020. It took 161 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.37%Feb 14, 202026Mar 23, 2020161Nov 9, 2020187
-28.39%Apr 3, 2014468Feb 11, 2016130Aug 23, 2016598
-28.06%Sep 24, 201864Dec 24, 2018216Nov 1, 2019280
-24.08%Nov 17, 2021146Jun 16, 2022145Jan 13, 2023291
-12.34%Mar 6, 202310Mar 17, 2023
-11.06%Jan 16, 201873Apr 30, 201879Aug 21, 2018152
-9.86%May 10, 202149Jul 19, 202117Aug 11, 202166
-9.7%Mar 15, 20218Mar 24, 202131May 7, 202139
-9.45%Mar 2, 2017120Aug 21, 201720Sep 19, 2017140
-7.68%Jan 25, 20215Jan 29, 20216Feb 8, 202111

Volatility Chart

Current First Trust RBA American Industrial Renaissance ETF volatility is 42.22%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%NovemberDecember2023FebruaryMarch
42.22%
21.56%
AIRR (First Trust RBA American Industrial Renaissance ETF)
Benchmark (^GSPC)