Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AIRR vs XLF: how they differ
Over the year AIRR returned more, +15.0% against +7.6%, and XLF charges 0.08% against 0.69%.
First Trust RBA American Industrial Renaissance ETF and State Street(R) Financial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, AIRR and XLF hold 0% of their money in the same securities at the same weight.
| Only in AIRR | Only in XLF |
|---|---|
| STERLING INFRASTRUCTURE INC 6.00% | Berkshire Hathaway Inc 12.10% |
| ARGAN INC 4.73% | JPMorgan Chase & Co 11.57% |
| COMFORT SYSTEMS USA INC 4.42% | Visa Inc 7.51% |
| MASTEC INC 4.18% | Mastercard Inc 5.47% |
| CH ROBINSON WORLDWIDE INC 4.08% | Bank of America Corp 4.91% |
| OWENS CORNING 3.90% | Goldman Sachs Group Inc/The 3.94% |
| DYCOM INDUSTRIES INC 3.76% | Wells Fargo & Co 3.34% |
| EMCOR GROUP INC 3.75% | Morgan Stanley 3.31% |
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 First Trust RBA American Industrial Renaissance ETF | XLF State Street(R) Financial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Thematic ETF | Core index fund |
| Issuer | First Trust | State Street |
| What it is | Reshoring and manufacturing | Financials |
| Total return, 1 year | +15.0% | +7.6% |
| 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% | 0.08% |
| Already in the S&P 500 | 5.5% | 100.0% |
| Holdings | 58 | 76 |
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.
XLF in plain words
XLF is an index equity fund tracking the Financials. Over the year to Sep 11, 2026 it returned +7.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 76 positions, with the top ten at 57.7%.
Questions people ask
- Which returned more over the last year, AIRR or XLF?
- In the year to Sep 12, 2026, with distributions reinvested, AIRR returned +15.0% and XLF returned +7.6%, so AIRR returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, AIRR or XLF?
- AIRR charges 0.69% a year and XLF charges 0.08%, so XLF is cheaper. Fees come from each fund's prospectus.
- How much do AIRR and XLF overlap with the S&P 500?
- By their latest filed holdings, 6% of AIRR and 100% of XLF 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 XLF the same kind of fund?
- No. AIRR is a thematic ETF and XLF 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 XLF, data as of Sep 12, 2026. https://etfiq.com/compare/any/AIRR-XLF Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources