Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

AIRR vs BOND: how they differ

Over the year AIRR returned more, +15.0% against −0.1%, and BOND charges 0.54% against 0.69%.

First Trust RBA American Industrial Renaissance ETF and PIMCO Active Bond Exchange-Traded Fund.

What they hold in common

By the books each fund has filed, AIRR and BOND hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in AIRROnly in BOND
STERLING INFRASTRUCTURE INC 6.00%UMBS, TBA 4.80%
ARGAN INC 4.73%PIMCO Mortgage-Backed Securities Active 3.52%
COMFORT SYSTEMS USA INC 4.42%UMBS, TBA 2.98%
MASTEC INC 4.18%United States Treasury 2.93%
CH ROBINSON WORLDWIDE INC 4.08%UMBS, TBA 2.36%
OWENS CORNING 3.90%United States Treasury 2.22%
DYCOM INDUSTRIES INC 3.76%UMBS, TBA 2.19%
EMCOR GROUP INC 3.75%UMBS, TBA 1.96%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.

AIRR and BOND on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
AIRR
First Trust RBA American Industrial Renaissance ETF
BOND
PIMCO Active Bond Exchange-Traded Fund
Where it sitsThematic ETFCore index fund
IssuerFirst TrustPIMCO
What it isReshoring and manufacturingActive Bond Exchange-Traded
Total return, 1 year+15.0%−0.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−2.5 pts−17.6 pts
Expense ratio0.69%0.54%
Holdings581565

AIRR in plain words

By weight, 6% of AIRR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 30% of the fund across 58 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +15.0% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 2.5 pts. It sits 19.5% below its all-time high of Jun 22, 2026.

BOND in plain words

BOND is a bond fund tracking the Active Bond Exchange-Traded. Over the year to Sep 11, 2026 it returned −0.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.54% a year. It sat 3.3% below its high of Feb 27, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, AIRR or BOND?
In the year to Sep 12, 2026, with distributions reinvested, AIRR returned +15.0% and BOND returned −0.1%, so AIRR returned more. One year is one year; the longer windows are in the table.
Which is cheaper, AIRR or BOND?
AIRR charges 0.69% a year and BOND charges 0.54%, so BOND is cheaper. Fees come from each fund's prospectus.
Are AIRR and BOND the same kind of fund?
No. AIRR is a thematic ETF and BOND is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

AIRR against BOND, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AIRR against BOND, data as of Sep 12, 2026. https://etfiq.com/compare/any/AIRR-BOND Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources