Which returned more over the last year, AIRR or IWD?

In the year to Sep 12, 2026, with distributions reinvested, AIRR returned +15.0% and IWD returned +27.4%, so IWD returned more. One year is one year; the longer windows are in the table.

Which is cheaper, AIRR or IWD?

AIRR charges 0.69% a year and IWD charges 0.18%, so IWD is cheaper. Fees come from each fund's prospectus.

How much do AIRR and IWD overlap with the S&P 500?

By their latest filed holdings, 6% of AIRR and 90% of IWD by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.

Are AIRR and IWD the same kind of fund?

No. AIRR is a thematic ETF and IWD is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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 IWD: how they differ

Over the year IWD returned more, +27.4% against +15.0%, and IWD charges 0.18% against 0.69%.

First Trust RBA American Industrial Renaissance ETF and iShares Russell 1000 Value ETF.

What they hold in common

By the books each fund has filed, AIRR and IWD hold 1% of their money in the same securities at the same weight.

Positions AIRR and IWD both hold, largest shared weight first
Holding	AIRR	IWD
RBC BEARINGS INC	1.85%	0.05%
MUELLER INDUSTRIES INC	1.37%	0.04%
APPLIED INDUSTRIAL TECHNOLOGIES INC	1.80%	0.04%
CLEAN HARBORS INC	2.44%	0.04%
OWENS CORNING	3.90%	0.04%
SPX TECHNOLOGIES INC	1.69%	0.03%
ADVANCED DRAINAGE SYSTEMS INC	2.29%	0.03%
SAIA INC	3.54%	0.03%
HUNTINGTON INGALLS INDUSTRIES INC	2.45%	0.03%
WINTRUST FINANCIAL CORP	1.30%	0.03%
RYDER SYSTEM INC	1.31%	0.03%
OSHKOSH CORP	1.60%	0.03%

Largest positions each one holds and the other does not
Only in AIRR	Only in IWD
STERLING INFRASTRUCTURE INC 6.00%	AMAZON.COM, INC. 5.95%
ARGAN INC 4.73%	APPLE INC. 5.38%
COMFORT SYSTEMS USA INC 4.42%	MICROSOFT CORPORATION 3.89%
MASTEC INC 4.18%	BERKSHIRE HATHAWAY INC. 2.62%
EMCOR GROUP INC 3.75%	JPMORGAN CHASE & CO. 2.46%
POWELL INDUSTRIES INC 2.48%	INTEL CORPORATION 1.72%
IES HOLDINGS INC 2.02%	JOHNSON & JOHNSON 1.72%
KARMAN HOLDINGS INC 1.88%	EXXON MOBIL CORPORATION 1.60%

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 IWD on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	AIRR First Trust RBA American Industrial Renaissance ETF	IWD iShares Russell 1000 Value ETF
Where it sits	Thematic ETF	Core index fund
Issuer	First Trust	iShares
What it is	Reshoring and manufacturing	Russell 1000 value
Total return, 1 year	+15.0%	+27.4%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−2.5 pts	+9.9 pts
Expense ratio	0.69%	0.18%
Already in the S&P 500	5.5%	90.2%
Holdings	58	870

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.

IWD in plain words

IWD is an index equity fund tracking the Russell 1000 value. Over the year to Sep 11, 2026 it returned +27.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Jun 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 870 positions, with the top ten at 27.9%.

Questions people ask

Which returned more over the last year, AIRR or IWD?: In the year to Sep 12, 2026, with distributions reinvested, AIRR returned +15.0% and IWD returned +27.4%, so IWD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, AIRR or IWD?: AIRR charges 0.69% a year and IWD charges 0.18%, so IWD is cheaper. Fees come from each fund's prospectus.
How much do AIRR and IWD overlap with the S&P 500?: By their latest filed holdings, 6% of AIRR and 90% of IWD by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
Are AIRR and IWD the same kind of fund?: No. AIRR is a thematic ETF and IWD 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

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

A comparison is not a recommendation. Standards and sources