Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AIRR vs VTEB: how they differ
Over the year AIRR returned more, +15.0% against +0.2%, and VTEB charges 0.03% against 0.69%.
First Trust RBA American Industrial Renaissance ETF and Vanguard Tax-Exempt Bond Index Fund.
What they hold in common
By the books each fund has filed, AIRR and VTEB hold 0% of their money in the same securities at the same weight.
| Only in AIRR | Only in VTEB |
|---|---|
| STERLING INFRASTRUCTURE INC 6.00% | University of California 0.12% |
| ARGAN INC 4.73% | Triborough Bridge & Tunnel Authority 0.12% |
| COMFORT SYSTEMS USA INC 4.42% | Colorado State Education Loan Program 0.11% |
| MASTEC INC 4.18% | State of California 0.11% |
| CH ROBINSON WORLDWIDE INC 4.08% | New York City Transitional Finance Autho 0.09% |
| OWENS CORNING 3.90% | Dallas Independent School District 0.09% |
| DYCOM INDUSTRIES INC 3.76% | New York State Dormitory Authority 0.09% |
| EMCOR GROUP INC 3.75% | Ohio Water Development Authority Water P 0.09% |
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 | VTEB Vanguard Tax-Exempt Bond Index Fund | |
|---|---|---|
| Where it sits | Thematic ETF | Core index fund |
| Issuer | First Trust | Vanguard |
| What it is | Reshoring and manufacturing | Tax-Exempt Bond |
| Total return, 1 year | +15.0% | +0.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −2.5 pts | −17.3 pts |
| Expense ratio | 0.69% | 0.03% |
| Holdings | 58 | 10185 |
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.
VTEB in plain words
VTEB is a bond fund tracking the Tax-Exempt Bond. Over the year to Sep 11, 2026 it returned +0.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.6% below its high of Jul 6, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, AIRR or VTEB?
- In the year to Sep 12, 2026, with distributions reinvested, AIRR returned +15.0% and VTEB returned +0.2%, so AIRR returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, AIRR or VTEB?
- AIRR charges 0.69% a year and VTEB charges 0.03%, so VTEB is cheaper. Fees come from each fund's prospectus.
- Are AIRR and VTEB the same kind of fund?
- No. AIRR is a thematic ETF and VTEB 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.
Cite this page. ETFIQ, AIRR against VTEB, data as of Sep 12, 2026. https://etfiq.com/compare/any/AIRR-VTEB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources