Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AIRR vs USO: how they differ
Over the year USO returned more, +112.2% against +15.0%.
First Trust RBA American Industrial Renaissance ETF and United States Oil Fund, LP.
| AIRR First Trust RBA American Industrial Renaissance ETF | USO United States Oil Fund, LP | |
|---|---|---|
| Where it sits | Thematic ETF | Core index fund |
| Issuer | First Trust | United |
| What it is | Reshoring and manufacturing | Oil |
| Total return, 1 year | +15.0% | +112.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −2.5 pts | +94.7 pts |
| Expense ratio | 0.69% | not published |
| Holdings | 58 | not filed |
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.
USO in plain words
USO is a commodity fund tracking the Oil. Over the year to Sep 11, 2026 it returned +112.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. It sat 57.1% below its high of Apr 8, 2011 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, AIRR or USO?
- In the year to Sep 12, 2026, with distributions reinvested, AIRR returned +15.0% and USO returned +112.2%, so USO returned more. One year is one year; the longer windows are in the table.
- Are AIRR and USO the same kind of fund?
- No. AIRR is a thematic ETF and USO 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.
Cite this page. ETFIQ, AIRR against USO, data as of Sep 12, 2026. https://etfiq.com/compare/any/AIRR-USO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources