Are AIRR and BINC in the same category?

AIRR is a thematic ETF and BINC is a bond ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, AIRR or BINC?

In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and BINC +0.5%.

Which is cheaper, AIRR or BINC?

BINC is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do AIRR and BINC overlap with the S&P 500?

By their latest filed holdings, 15% of AIRR and 0% of BINC by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

AIRR vs BINC: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AIRR returned −0.2% to BINC's +0.5%, and BINC charges 0.40% to AIRR's 0.69%.

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Net assets on Oct 27, 2026: $8.4bn for First Trust RBA American Industrial Renaissance ETF and $16.8bn for iShares Flexible Income Active ETF.

AIRR on its own →BINC on its own →

At a glance

−0.2%

AIRR total return, 1 year

+0.5%

BINC total return, 1 year

0.69%

AIRR expense ratio

0.40%

BINC expense ratio

Pair scorecard

BINC costs 0.29 points a year less; their one-year returns differ by 0.7 points; BINC is 2.0 times larger.

AIRR vs BINC: Differences, Returns & Fees
Measure	AIRR	BINC
Return
Measure	AIRR	BINC
Total return, 1 year	−0.2%	+0.5%
Drawdown
Measure	AIRR	BINC
Below its all-time high	25.5%, high on Jun 22, 2026
Against its benchmark
Measure	AIRR	BINC
What it tracks	Reshoring and manufacturing	No index, actively managed
Against the S&P 500, 1 year	behind by 13.9 pts
Against its benchmark, 1 year	behind by 13.9 pts
Cost and size
Measure	AIRR	BINC
Expense ratio	0.69%	0.40%
Net assets, as of Oct 27, 2026	$8.4bn	$16.8bn
Active share vs the S&P 500	100%
Holdings
Measure	AIRR	BINC
Holdings in common	0%
Top ten holdings, share of the fund	33%	24.6%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, AIRR and BINC hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AIRR BINC

Only in one fund ↓

Only in AIRR

C.H. Robinson Worldwide, Inc. 3.83%

Karman Holdings Inc. 3.51%

Kratos Defense & Security Solutions, Inc. 3.47%

BWX Technologies, Inc. 3.33%

Herc Holdings, Inc. 3.30%

Owens Corning 3.20%

RBC Bearings Incorporated 3.19%

Dycom Industries, Inc. 3.13%

Only in BINC

BLACKROCK CASH CL INST SL AGENCY 5.80%

UMBS 30YR TBA(REG A) 4.50%

TREASURY NOTE (2OLD) 4.34%

UMBS 30YR TBA(REG A) 2.91%

UMBS 30YR TBA(REG A) 2.21%

CASH COLLATERAL MORGAN STANLEY & C 1.68%

ISHARES IBOXX $ INV GRADE CORPORAT 0.99%

EUR/USD 0.83%

Check overlap with more funds →

Side by side

AIRR First Trust RBA American Industrial Renaissance ETF BINC iShares Flexible Income Active ETF

Where it sits Thematic ETF Bond ETF

Issuer First Trust iShares

What it is Reshoring and manufacturing Actively managed

Total return, 1 year −0.2% +0.5%

Its benchmark over the same days +13.7% (VOO) not measured

Gap to its benchmark −13.9 pts vs VOO not measured

Expense ratio 0.69% 0.40%

Already in the S&P 500 14.7% 0.0%

Holdings 55 4690

Net assets, as of Oct 27, 2026 $8.4bn $16.8bn

AIRR and BINC on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

AIRR

By weight, 15% of AIRR's portfolio is stocks that are also in the S&P 500, from its filing for Jun 30, 2026; its active share against the S&P 500 is 100%.

The top ten holdings are 33% of the fund across 55 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned −0.2% with distributions reinvested against +13.7% for its benchmark, the S&P 500 Index, so a holder was behind by 13.9 pts. It sits 25.5% below its all-time high of Jun 22, 2026.

BINC

BINC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.40% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,690 positions, with the top ten at 24.6%.

Questions people ask

Are AIRR and BINC in the same category?: AIRR is a thematic ETF and BINC is a bond ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, AIRR or BINC?: In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and BINC +0.5%.
Which is cheaper, AIRR or BINC?: BINC is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do AIRR and BINC overlap with the S&P 500?: By their latest filed holdings, 15% of AIRR and 0% of BINC by weight is stocks the S&P 500 already holds.

Other comparisons

AIRR vs VTIP AIRR vs BOND AIRR vs VCSH AIRR vs BSV BINC vs XBI BINC vs IBB BINC vs GDX BINC vs REMX

Where to next

AIRR on its own →BINC on its own →Hold both: look the portfolio through →Rankings →AIRR dividend history →AIRR holdings →BINC dividend history →BINC holdings →Standards and sources →

Sources and dates

AIRR filings on SEC EDGAR ↗

AIRR prospectus with the expense ratio (SEC) ↗

First Trust page for AIRR ↗

BINC filings on SEC EDGAR ↗

BINC prospectus with the expense ratio (SEC) ↗

iShares page for BINC ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

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ETFIQ, AIRR against BINC, data as of Oct 28, 2026. https://etfiq.com/compare/any/airr-vs-binc

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.