Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AIRR vs VLUE: how they differ
Over the year VLUE returned more, +69.4% against +15.0%, and VLUE charges 0.15% against 0.69%.
First Trust RBA American Industrial Renaissance ETF and iShares MSCI USA Value Factor ETF.
What they hold in common
By the books each fund has filed, AIRR and VLUE hold 0% of their money in the same securities at the same weight.
| Only in AIRR | Only in VLUE |
|---|---|
| STERLING INFRASTRUCTURE INC 6.00% | MICRON TECHNOLOGY, INC. 11.63% |
| ARGAN INC 4.73% | INTEL CORPORATION 9.29% |
| COMFORT SYSTEMS USA INC 4.42% | CISCO SYSTEMS, INC. 4.97% |
| MASTEC INC 4.18% | APPLIED MATERIALS, INC. 3.67% |
| CH ROBINSON WORLDWIDE INC 4.08% | GENERAL MOTORS COMPANY 3.16% |
| OWENS CORNING 3.90% | VERIZON COMMUNICATIONS INC. 2.66% |
| DYCOM INDUSTRIES INC 3.76% | AT&T INC. 2.53% |
| EMCOR GROUP INC 3.75% | CITIGROUP INC. 1.94% |
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 Apr 30, 2026 and Jun 30, 2026.
| AIRR First Trust RBA American Industrial Renaissance ETF | VLUE iShares MSCI USA Value Factor ETF | |
|---|---|---|
| Where it sits | Thematic ETF | Core index fund |
| Issuer | First Trust | iShares |
| What it is | Reshoring and manufacturing | MSCI USA Value Factor |
| Total return, 1 year | +15.0% | +69.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −2.5 pts | +51.9 pts |
| Expense ratio | 0.69% | 0.15% |
| Already in the S&P 500 | 5.5% | 96.9% |
| Holdings | 58 | 148 |
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.
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 43.6%.
Questions people ask
- Which returned more over the last year, AIRR or VLUE?
- In the year to Sep 12, 2026, with distributions reinvested, AIRR returned +15.0% and VLUE returned +69.4%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, AIRR or VLUE?
- AIRR charges 0.69% a year and VLUE charges 0.15%, so VLUE is cheaper. Fees come from each fund's prospectus.
- How much do AIRR and VLUE overlap with the S&P 500?
- By their latest filed holdings, 6% of AIRR and 97% of VLUE by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
- Are AIRR and VLUE the same kind of fund?
- No. AIRR is a thematic ETF and VLUE 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 VLUE, data as of Sep 12, 2026. https://etfiq.com/compare/any/AIRR-VLUE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources