IDVY vs. AIRR

Last updated Jun 4, 2026

IDVY (First Trust International Rising Dividend Achievers ETF) and AIRR (First Trust RBA American Industrial Renaissance ETF) are both exchange-traded funds - IDVY is a Dividend fund tracking the Nasdaq International Rising Dividend Achievers Index, while AIRR is a Building & Construction fund tracking the Richard Bernstein Advisors American Industrial Renaissance (TR). Both are passively managed. A 0.61 correlation means they provide meaningful diversification when combined. IDVY charges 0.60%/yr vs 0.70%/yr for AIRR.

Performance

IDVY vs. AIRR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust International Rising Dividend Achievers ETF (IDVY) and First Trust RBA American Industrial Renaissance ETF (AIRR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IDVY

• 1D: -0.57%
• 1M: 3.54%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIRR

• 1D: 1.79%
• 1M: 0.86%
• YTD: 34.13%
• 6M: 32.46%
• 1Y: 69.39%
• 3Y*: 38.63%
• 5Y*: 25.85%
• 10Y*: 21.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IDVY vs. AIRR - Yearly Performance Comparison

	2026 (YTD)
IDVY First Trust International Rising Dividend Achievers ETF	0.47%
AIRR First Trust RBA American Industrial Renaissance ETF	9.58%

Correlation

The correlation between IDVY and AIRR is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 12, 2026	0.61

IDVY vs. AIRR - Sectors Allocation Comparison

Sectors	IDVY	AIRR
Industrials	31.7%	84.6%
Financial Services	30.8%	9.6%
Consumer Cyclical	13.0%	-
Technology	10.8%	0.5%
Consumer Defensive	3.2%	-
Basic Materials	2.9%	-
Energy	2.4%	3.8%
Healthcare	2.1%	-
Utilities	1.7%	-
Communication Services	0.9%	-
Real Estate	0.5%	-

Return for Risk

IDVY vs. AIRR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIRR

AIRR Risk / Return Rank: 83
AIRR Sharpe Ratio Rank: 85
AIRR Sortino Ratio Rank: 79
AIRR Omega Ratio Rank: 74
AIRR Calmar Ratio Rank: 89
AIRR Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IDVY vs. AIRR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust International Rising Dividend Achievers ETF (IDVY) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IDVY	AIRR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.75	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.03	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.68	-0.62

Drawdowns

IDVY vs. AIRR - Drawdown Comparison

The maximum IDVY drawdown since its inception was -13.52%, smaller than the maximum AIRR drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for IDVY and AIRR.

Drawdown Indicators

	IDVY	AIRR	Difference
Max Drawdown Largest peak-to-trough decline	-13.52%	-42.37%	+28.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.09%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-27.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.37%	—
Current Drawdown Current decline from peak	-1.79%	-0.11%	-1.68%
Average Drawdown Average peak-to-trough decline	-4.66%	-7.42%	+2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.53%	—

Volatility

Volatility by Period

	IDVY	AIRR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.41%	25.35%	+1.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.41%	25.30%	+1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.41%	26.29%	+0.12%

IDVY vs. AIRR - Expense Ratio Comparison

IDVY has a 0.60% expense ratio, which is lower than AIRR's 0.70% expense ratio.

Dividends

IDVY vs. AIRR - Dividend Comparison

IDVY has not paid dividends to shareholders, while AIRR's dividend yield for the trailing twelve months is around 0.13%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIRR First Trust RBA American Industrial Renaissance ETF	0.13%	0.19%	0.18%	0.23%	0.12%	0.05%	0.10%	0.20%	0.43%	0.30%	0.08%	0.47%
IDVY First Trust International Rising Dividend Achievers ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDVY and AIRR in my portfolio?

IDVY and AIRR have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDVY or AIRR?

On fees, IDVY is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDVY or AIRR?

IDVY is cheaper with a 0.60% expense ratio, compared with 0.70% for AIRR.

Which ETF pays a higher dividend yield, IDVY or AIRR?

AIRR has the higher dividend yield at 0.13%, compared with 0.00% for IDVY.

What is the main difference between IDVY and AIRR?

IDVY is categorized as Dividend, while AIRR is Building & Construction. IDVY tracks Nasdaq International Rising Dividend Achievers Index, while AIRR tracks Richard Bernstein Advisors American Industrial Renaissance (TR). Their fees differ too: 0.60% for IDVY and 0.70% for AIRR.