AIRR

First Trust RBA American Industrial Renaissance ETF

$94.13

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The First Trust RBA American Industrial Renaissance ETF (AIRR) seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Richard Bernstein Advisors American Industrial Renaissance Index.

Overview

ETF tracking First Trust RBA American Industrial Renaissance ETF

Category Industrials

Issuer First Trust

Inception Date 2014-03-11

Market Cap $5.4B

Average Volume N/A

Dividend Yield 0.22%

52-Week Range $61.92 - $100.35

VWAP $94.08

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund will normally invest at least 90% of its net assets in the common stocks and depositary receipts that comprise the index. The index is designed to provide exposure to U.S. companies that are believed to be positioned to benefit from the American industrial renaissance.

✨ Key Features

Focuses on U.S. industrial and manufacturing companies believed to be poised for growth
Tracks the Richard Bernstein Advisors American Industrial Renaissance Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on the industrials sector
Potential volatility as the fund tracks an index of smaller, less liquid companies
Limited performance history makes it difficult to evaluate long-term returns
Reliance on the index provider's selection methodology

👤 Best For

This ETF may be suitable for investors seeking exposure to U.S. industrial and manufacturing companies, with a higher risk tolerance given the sector focus and limited track record. It is best suited for investors with a long-term investment horizon who can withstand the potential volatility of the underlying index.