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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 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 and USO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
AIRR
First Trust RBA American Industrial Renaissance ETF
USO
United States Oil Fund, LP
Where it sitsThematic ETFCore index fund
IssuerFirst TrustUnited
What it isReshoring and manufacturingOil
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 ratio0.69%not published
Holdings58not 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.

AIRR against USO, 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 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