The First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) is a truly differentiated ETF that stands out in a world with no shortage of cookie-cutter ETFs that seem like they all own the same stocks. Plus, the ETF is posting stellar long-term returns.
AIRR is an interesting ETF with a unique theme and group of holdings. I’m bullish on this smaller, off-the-beaten-path ETF based on its differentiated strategy, highly-rated group of under-the-radar holdings, and quietly outstanding performance over the long term. Let’s take a look.
What Is the AIRR ETF’s Strategy?
According to First Trust, AIRR “is designed to measure the performance of small- and mid-cap U.S. companies in the industrial and community banking sectors.”
As the fund’s name suggests, the rationale for these types of stocks is that they will be key to any American “industrial…
