PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
First Trust RBA American Industrial Renaissance ET...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US33738R7044

CUSIP

33738R704

Issuer

First Trust

Inception Date

Mar 10, 2014

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Richard Bernstein Advisors American Industrial Renaissance (TR)

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

AIRR features an expense ratio of 0.70%, falling within the medium range.


Expense ratio chart for AIRR: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
AIRR vs. PAVE AIRR vs. XHB AIRR vs. CCOR AIRR vs. QSR AIRR vs. XLI AIRR vs. QQQ AIRR vs. HDV AIRR vs. XLP AIRR vs. GLDM AIRR vs. NOBL
Popular comparisons:
AIRR vs. PAVE AIRR vs. XHB AIRR vs. CCOR AIRR vs. QSR AIRR vs. XLI AIRR vs. QQQ AIRR vs. HDV AIRR vs. XLP AIRR vs. GLDM AIRR vs. NOBL

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust RBA American Industrial Renaissance ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
20.11%
12.91%
AIRR (First Trust RBA American Industrial Renaissance ETF)
Benchmark (^GSPC)

Returns By Period

First Trust RBA American Industrial Renaissance ETF had a return of 43.83% year-to-date (YTD) and 55.27% in the last 12 months. Over the past 10 years, First Trust RBA American Industrial Renaissance ETF had an annualized return of 17.47%, outperforming the S&P 500 benchmark which had an annualized return of 11.73%.


AIRR

YTD

43.83%

1M

-1.63%

6M

20.11%

1Y

55.27%

5Y (annualized)

23.90%

10Y (annualized)

17.47%

^GSPC (Benchmark)

YTD

26.90%

1M

0.96%

6M

12.91%

1Y

31.46%

5Y (annualized)

14.06%

10Y (annualized)

11.73%

Monthly Returns

The table below presents the monthly returns of AIRR, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-3.13%13.60%5.80%-5.32%14.07%-6.02%9.34%-2.05%2.12%-0.24%14.73%43.83%
202310.92%1.70%-3.46%-3.95%3.38%13.47%0.74%0.62%-5.95%-7.26%7.22%12.99%31.43%
2022-9.39%2.01%1.56%-9.49%5.19%-7.86%16.81%-3.23%-8.92%17.53%4.18%-5.68%-2.08%
20211.98%10.92%5.71%2.34%0.55%-1.84%0.83%3.12%-3.78%7.00%0.11%2.74%33.01%
2020-3.58%-9.00%-21.46%10.42%5.34%4.20%2.12%9.36%-4.90%3.24%18.13%8.31%17.17%
201910.28%6.22%-4.04%6.23%-7.92%10.69%0.72%-5.45%6.88%3.91%2.97%1.08%33.97%
20180.04%-5.43%0.22%-3.58%5.47%1.54%2.81%2.25%-0.71%-13.02%3.66%-13.78%-20.57%
20171.27%0.46%-0.56%1.80%-5.96%3.63%0.84%-1.05%10.18%3.00%1.12%1.18%16.28%
2016-8.00%3.88%11.34%3.07%0.83%0.19%5.66%2.02%4.06%-4.57%17.12%3.22%43.38%
2015-8.99%10.71%2.82%-4.53%-0.00%0.40%-3.96%-4.75%-8.00%9.61%7.24%-7.89%-9.51%
2014-0.41%-2.24%-1.30%2.76%-8.66%9.08%-5.06%4.88%-4.83%0.22%-6.56%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of AIRR is 77, placing it in the top 23% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of AIRR is 7777
Overall Rank
The Sharpe Ratio Rank of AIRR is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of AIRR is 7272
Sortino Ratio Rank
The Omega Ratio Rank of AIRR is 6868
Omega Ratio Rank
The Calmar Ratio Rank of AIRR is 9494
Calmar Ratio Rank
The Martin Ratio Rank of AIRR is 7474
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust RBA American Industrial Renaissance ETF (AIRR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for AIRR, currently valued at 2.37, compared to the broader market0.002.004.002.372.62
The chart of Sortino ratio for AIRR, currently valued at 3.15, compared to the broader market-2.000.002.004.006.008.0010.0012.003.153.48
The chart of Omega ratio for AIRR, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.391.48
The chart of Calmar ratio for AIRR, currently valued at 5.68, compared to the broader market0.005.0010.0015.005.683.77
The chart of Martin ratio for AIRR, currently valued at 13.86, compared to the broader market0.0020.0040.0060.0080.00100.0013.8616.74
AIRR
^GSPC

The current First Trust RBA American Industrial Renaissance ETF Sharpe ratio is 2.37. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of First Trust RBA American Industrial Renaissance ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.37
2.62
AIRR (First Trust RBA American Industrial Renaissance ETF)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust RBA American Industrial Renaissance ETF provided a 0.16% dividend yield over the last twelve months, with an annual payout of $0.13 per share. The fund has been increasing its distributions for 2 consecutive years.


0.10%0.20%0.30%0.40%0.50%$0.00$0.02$0.04$0.06$0.08$0.10$0.12$0.142014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017201620152014
Dividend$0.13$0.13$0.06$0.02$0.04$0.06$0.09$0.08$0.02$0.08$0.07

Dividend yield

0.16%0.23%0.12%0.05%0.10%0.20%0.43%0.30%0.08%0.47%0.37%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.01$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.00$0.09
2023$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.02$0.00$0.00$0.05$0.13
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$0.06
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$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$0.04
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$0.06
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$0.09
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$0.08
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$0.02
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$0.08
2014$0.03$0.00$0.00$0.01$0.00$0.00$0.03$0.07

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.48%
-0.61%
AIRR (First Trust RBA American Industrial Renaissance ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust RBA American Industrial Renaissance ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust RBA American Industrial Renaissance ETF was 42.37%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.

The current First Trust RBA American Industrial Renaissance ETF drawdown is 3.48%.


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
-15.47%Sep 5, 202337Oct 25, 202334Dec 13, 202371

Volatility

Volatility Chart

The current First Trust RBA American Industrial Renaissance ETF volatility is 4.91%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
4.91%
2.24%
AIRR (First Trust RBA American Industrial Renaissance ETF)
Benchmark (^GSPC)
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab