AIRR

The First Trust RBA American Industrial Renaissance ETF (AIRR) invests almost exclusively in U.S. equities, focusing on small‑ and mid‑cap companies that operate in industrial‑related businesses such as manufacturing, engineering, construction, transportation, and community‑banking services. The fund seeks to track the Richard Bernstein Advisors American Industrial Renaissance Index, employing a full‑replication, long‑only approach that selects holdings through a multifactor methodology designed to capture companies positioned to benefit from a resurgence in domestic industrial activity. Because its exposure is heavily weighted toward the U.S. industrial sector with a modest allocation to financial‑service firms, AIRR may suit investors who want thematic, sector‑specific exposure to the U.S. industrial and community‑banking niche while accepting the higher concentration and volatility typical of small‑ and mid‑cap equity positions.