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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 IJR: how they differ

Over the year IJR returned more, +19.9% against +15.0%, and IJR charges 0.06% against 0.69%.

First Trust RBA American Industrial Renaissance ETF and iShares Core S&P Small-Cap ETF.

What they hold in common

By the books each fund has filed, AIRR and IJR hold 5% of their money in the same securities at the same weight.

Positions AIRR and IJR both hold, largest shared weight first
HoldingAIRRIJR
ARGAN INC4.73%0.62%
EVERUS CONSTRUCTION GROUP INC1.17%0.47%
POWELL INDUSTRIES INC2.48%0.45%
FEDERAL SIGNAL CORP1.07%0.43%
ZURN ELKAY WATER SOLUTIONS CORP0.77%0.42%
ARCOSA INC0.84%0.40%
GRANITE CONSTRUCTION INC1.66%0.38%
MERCURY SYSTEMS INC1.25%0.36%
PRIMORIS SERVICES CORP1.18%0.30%
CSW INDUSTRIALS INC0.59%0.25%
FULTON FINANCIAL CORP0.89%0.25%
MUELLER WATER PRODUCTS INC0.42%0.22%
Largest positions each one holds and the other does not
Only in AIRROnly in IJR
STERLING INFRASTRUCTURE INC 6.00%FORMFACTOR INC 0.69%
COMFORT SYSTEMS USA INC 4.42%VIASAT INC 0.68%
MASTEC INC 4.18%MOLINA HEALTHCARE INC 0.66%
CH ROBINSON WORLDWIDE INC 4.08%BRIGHTSPRING HEALTH SERVICES INC 0.61%
OWENS CORNING 3.90%ELEMENT SOLUTIONS INC 0.61%
DYCOM INDUSTRIES INC 3.76%MAXLINEAR INC 0.60%
EMCOR GROUP INC 3.75%KRYSTAL BIOTECH INC 0.54%
SAIA INC 3.54%ESCO TECHNOLOGIES INC 0.50%

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 IJR on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
AIRR
First Trust RBA American Industrial Renaissance ETF
IJR
iShares Core S&P Small-Cap ETF
Where it sitsThematic ETFCore index fund
IssuerFirst TrustiShares
What it isReshoring and manufacturingS&P SmallCap 600
Total return, 1 year+15.0%+19.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−2.5 pts+2.4 pts
Expense ratio0.69%0.06%
Already in the S&P 5005.5%0.0%
Holdings58603

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.

IJR in plain words

IJR is an index equity fund tracking the S&P SmallCap 600. Over the year to Sep 11, 2026 it returned +19.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 603 positions, with the top ten at 6.0%. It sat 5.5% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, AIRR or IJR?
In the year to Sep 12, 2026, with distributions reinvested, AIRR returned +15.0% and IJR returned +19.9%, so IJR returned more. One year is one year; the longer windows are in the table.
Which is cheaper, AIRR or IJR?
AIRR charges 0.69% a year and IJR charges 0.06%, so IJR is cheaper. Fees come from each fund's prospectus.
How much do AIRR and IJR overlap with the S&P 500?
By their latest filed holdings, 6% of AIRR and 0% of IJR by weight is stocks the S&P 500 already holds. Between the two funds, 5% of their books are the same securities at the same weight.
Are AIRR and IJR the same kind of fund?
No. AIRR is a thematic ETF and IJR is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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

A comparison is not a recommendation. Standards and sources