NasdaqGM - Delayed Quote USD

First Trust RBA American Industrial RenaissanceTM ETF (AIRR)

72.72 -0.39 (-0.53%)
At close: May 31 at 4:00 PM EDT

ETF Summary

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors.

ETF Overview

Category Industrials
Fund Family First Trust Advisors L.P.
Net Assets 898.09M
YTD Daily Total Return 25.74%
Yield 0.18%
Legal Type Exchange Traded Fund

ETF Operations

Attributes AIRR Category Average
Annual Report Expense Ratio (net) 0.70% 0.69%
Holdings Turnover 48.00% 46.53%
Total Net Assets 3,454.45 3,454.45

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. MORNING_STAR_STYLE_BOX

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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