AIRR ETF — First Trust RBA American Industrial Renaissance ETF

First Trust RBA American Industrial Renaissance ETF (AIRR)

Updated October 16, 2026.

AIRR is an ETF. its distribution rate is 0.14%, its trailing-12-month yield is 0.10%, its expense ratio is 0.69%. Dividend Vision Distribution Safety Score™ is 33/100 (Elevated risk). Total return is 417.4% over the past 12.6 years, 13.0 points ahead of SPY at 404.4%.

First Trust RBA American Industrial Renaissance ETF is an exchange-traded fund that tracks an index of small and mid-cap U.S. companies in the industrial and community banking sectors, investing at least 90% of its assets in the underlying index constituents. The fund has a very modest current distribution rate and pays distributions quarterly, with an expense ratio of 0.69%. It appeals to investors seeking exposure to small and mid-cap industrial and banking companies with modest income.

AIRR performance versus SPY

Price and return data through 2026-10-16.

Total return is 417.4% over the past 12.6 years, 13.0 points ahead of SPY at 404.4%. Over the past year its total return — price change plus distributions reinvested — is 2.9%. Its deepest 1-year drawdown was 25.7%.

AIRR key facts

Distribution Safety Score™

33 · Elevated risk

Safety-Adjusted Yield

0.05%

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

03/10/2014

Expense ratio

0.69%

Distribution rate

0.14%

Distribution frequency

Quarterly

Trailing yield

0.10%

Last close

$98.99 (as of 2026-10-16)

AUM

$9,016,010,827

Average volume

1405600.0

Dividend

$0.067

Ex-dividend date

03/26/2026

Payment date

03/31/2026

Beta

1.52

How Dividend Vision calculates yield and returns

Distribution rate (0.14%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.10%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AIRR risks and drawbacks

AIRR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 25.7%.

Who may consider AIRR — and who may not

It is a weaker fit for investors who need monthly cash flow (AIRR pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on AIRR

• All tickers starting with A

Tagged: Industrials.

Frequently asked questions

More securities from First Trust.