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AIRR vs. QSR

Last updated May 31, 2023

Compare and contrast key facts about First Trust RBA American Industrial Renaissance ETF (AIRR) and Restaurant Brands International Inc. (QSR).

AIRR is a passively managed fund by First Trust that tracks the performance of the Richard Bernstein Advisors American Industrial Renaissance (TR). It was launched on Mar 10, 2014.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIRR or QSR.

Key characteristics


AIRRQSR
YTD Return10.61%12.98%
1Y Return20.11%47.03%
5Y Return (Ann)13.29%7.72%
10Y Return (Ann)10.64%12.07%
Sharpe Ratio0.892.07
Daily Std Dev26.47%23.29%
Max Drawdown-42.37%-63.03%

Correlation

0.42
-1.001.00

The correlation between AIRR and QSR is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

AIRR vs. QSR - Performance Comparison

In the year-to-date period, AIRR achieves a 10.61% return, which is significantly lower than QSR's 12.98% return. Over the past 10 years, AIRR has underperformed QSR with an annualized return of 10.64%, while QSR has yielded a comparatively higher 12.07% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%2023FebruaryMarchAprilMay
5.22%
11.16%
AIRR
QSR

Compare stocks, funds, or ETFs


AIRR vs. QSR - Dividend Comparison

AIRR's dividend yield for the trailing twelve months is around 0.17%, less than QSR's 3.74% yield.


TTM202220212020201920182017201620152014
AIRR
First Trust RBA American Industrial Renaissance ETF
0.17%0.12%0.05%0.10%0.20%0.43%0.30%0.08%0.48%0.38%
QSR
Restaurant Brands International Inc.
3.74%3.37%3.66%3.69%3.54%4.00%1.52%1.58%1.45%0.00%

AIRR vs. QSR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust RBA American Industrial Renaissance ETF (AIRR) and Restaurant Brands International Inc. (QSR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AIRR
First Trust RBA American Industrial Renaissance ETF
0.89
QSR
Restaurant Brands International Inc.
2.07

AIRR vs. QSR - Sharpe Ratio Comparison

The current AIRR Sharpe Ratio is 0.89, which is lower than the QSR Sharpe Ratio of 2.07. The chart below compares the 12-month rolling Sharpe Ratio of AIRR and QSR.


0.000.501.001.502.002023FebruaryMarchAprilMay
0.89
2.07
AIRR
QSR

AIRR vs. QSR - Drawdown Comparison

The maximum AIRR drawdown for the period was -14.36%, roughly equal to the maximum QSR drawdown of -12.54%. The drawdown chart below compares losses from any high point along the way for AIRR and QSR


-15.00%-10.00%-5.00%0.00%2023FebruaryMarchAprilMay
-5.48%
-1.29%
AIRR
QSR

AIRR vs. QSR - Volatility Comparison

First Trust RBA American Industrial Renaissance ETF (AIRR) has a higher volatility of 6.70% compared to Restaurant Brands International Inc. (QSR) at 4.36%. This indicates that AIRR's price experiences larger fluctuations and is considered to be riskier than QSR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%2023FebruaryMarchAprilMay
6.70%
4.36%
AIRR
QSR