FTXO vs. AIRR
Compare and contrast key facts about First Trust Nasdaq Bank ETF (FTXO) and First Trust RBA American Industrial Renaissance ETF (AIRR).
FTXO and AIRR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTXO is a passively managed fund by First Trust that tracks the performance of the NASDAQ US Banks Index. It was launched on Sep 20, 2016. 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. Both FTXO and AIRR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FTXO vs. AIRR - Performance Comparison
Loading graphics...
FTXO vs. AIRR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTXO First Trust Nasdaq Bank ETF | -4.09% | 21.32% | 29.05% | 0.05% | -17.93% | 40.53% | -12.53% | 30.11% | -21.79% | 14.25% |
AIRR First Trust RBA American Industrial Renaissance ETF | 12.74% | 27.92% | 33.45% | 31.43% | -2.08% | 33.01% | 17.17% | 33.97% | -20.57% | 16.28% |
Returns By Period
In the year-to-date period, FTXO achieves a -4.09% return, which is significantly lower than AIRR's 12.74% return.
FTXO
- 1D
- 3.40%
- 1M
- -2.44%
- YTD
- -4.09%
- 6M
- 2.40%
- 1Y
- 21.28%
- 3Y*
- 22.50%
- 5Y*
- 5.52%
- 10Y*
- —
AIRR
- 1D
- 4.60%
- 1M
- -6.21%
- YTD
- 12.74%
- 6M
- 14.68%
- 1Y
- 62.71%
- 3Y*
- 32.43%
- 5Y*
- 22.20%
- 10Y*
- 20.48%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FTXO vs. AIRR - Expense Ratio Comparison
FTXO has a 0.60% expense ratio, which is lower than AIRR's 0.70% expense ratio.
Return for Risk
FTXO vs. AIRR — Risk / Return Rank
FTXO
AIRR
FTXO vs. AIRR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Bank ETF (FTXO) and First Trust RBA American Industrial Renaissance ETF (AIRR). 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.
| FTXO | AIRR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 2.23 | -1.41 |
Sortino ratioReturn per unit of downside risk | 1.19 | 2.92 | -1.74 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.38 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 1.36 | 4.78 | -3.42 |
Martin ratioReturn relative to average drawdown | 3.86 | 16.89 | -13.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FTXO | AIRR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 2.23 | -1.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.89 | -0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.62 | -0.33 |
Correlation
The correlation between FTXO and AIRR is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FTXO vs. AIRR - Dividend Comparison
FTXO's dividend yield for the trailing twelve months is around 1.87%, more than AIRR's 0.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTXO First Trust Nasdaq Bank ETF | 1.87% | 1.92% | 2.18% | 3.20% | 2.94% | 1.64% | 2.74% | 2.53% | 3.51% | 1.09% | 0.16% | 0.00% |
AIRR First Trust RBA American Industrial Renaissance ETF | 0.16% | 0.19% | 0.18% | 0.23% | 0.12% | 0.05% | 0.10% | 0.20% | 0.43% | 0.30% | 0.08% | 0.47% |
Drawdowns
FTXO vs. AIRR - Drawdown Comparison
The maximum FTXO drawdown since its inception was -55.26%, which is greater than AIRR's maximum drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for FTXO and AIRR.
Loading graphics...
Drawdown Indicators
| FTXO | AIRR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.26% | -42.37% | -12.89% |
Max Drawdown (1Y)Largest decline over 1 year | -16.69% | -13.09% | -3.60% |
Max Drawdown (5Y)Largest decline over 5 years | -46.55% | -27.95% | -18.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.37% | — |
Current DrawdownCurrent decline from peak | -12.56% | -9.09% | -3.47% |
Average DrawdownAverage peak-to-trough decline | -16.03% | -7.50% | -8.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.89% | 3.71% | +2.18% |
Volatility
FTXO vs. AIRR - Volatility Comparison
The current volatility for First Trust Nasdaq Bank ETF (FTXO) is 6.19%, while First Trust RBA American Industrial Renaissance ETF (AIRR) has a volatility of 10.92%. This indicates that FTXO experiences smaller price fluctuations and is considered to be less risky than AIRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FTXO | AIRR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 10.92% | -4.73% |
Volatility (6M)Calculated over the trailing 6-month period | 16.34% | 19.67% | -3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.14% | 28.26% | -2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.07% | 25.07% | +2.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.15% | 26.14% | +4.01% |