Are AIRR and FDVV in the same category?

AIRR is a thematic ETF and FDVV is a stock 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 FDVV?

In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and FDVV +13.5%.

Which is cheaper, AIRR or FDVV?

FDVV is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 15% of AIRR and 87% of FDVV by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

AIRR vs FDVV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AIRR returned −0.2% to FDVV's +13.5%, and FDVV charges 0.15% to AIRR's 0.69%.

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Net assets: $8.4bn on Oct 27, 2026 for First Trust RBA American Industrial Renaissance ETF, and $10.2bn on Sep 30, 2026 for Fidelity High Dividend ETF.

AIRR on its own →FDVV on its own →

At a glance

−0.2%

AIRR total return, 1 year

+13.5%

FDVV total return, 1 year

0.69%

AIRR expense ratio

0.15%

FDVV expense ratio

Pair scorecard

FDVV costs 0.54 points a year less; their one-year returns differ by 13.7 points.

AIRR vs FDVV: Differences, Returns & Fees
Measure	AIRR	FDVV
Return
Measure	AIRR	FDVV
Total return, 1 year	−0.2%	+13.5%
Drawdown
Measure	AIRR	FDVV
Below its all-time high	25.5%, high on Jun 22, 2026
Against its benchmark
Measure	AIRR	FDVV
What it tracks	Reshoring and manufacturing	Fidelity High Dividend Index
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	FDVV
Expense ratio	0.69%	0.15%
Net assets, AIRR as of Oct 27, 2026 and FDVV as of Sep 30, 2026	$8.4bn	$10.2bn
Active share vs the S&P 500	100%
Holdings
Measure	AIRR	FDVV
Holdings in common	0%
Top ten holdings, share of the fund	33%	33.8%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, AIRR and FDVV hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AIRR FDVV

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 FDVV

NVIDIA CORP 6.57%

APPLE INC 6.18%

MICROSOFT CORP 4.88%

BROADCOM INC 3.11%

JPMORGAN CHASE and CO 2.76%

DELL TECHNOLOGIES INC 2.66%

BANK OF AMERICA CORPORATION 1.96%

COCA COLA CO 1.96%

Check overlap with more funds →

Side by side

AIRR First Trust RBA American Industrial Renaissance ETF FDVV Fidelity High Dividend ETF

Where it sits Thematic ETF Stock ETF

Issuer First Trust Fidelity

What it is Reshoring and manufacturing Tracks an index of High Dividend

Total return, 1 year −0.2% +13.5%

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% 0.15%

Already in the S&P 500 14.7% 87.4%

Holdings 55 95

Net assets, AIRR as of Oct 27, 2026 and FDVV as of Sep 30, 2026 $8.4bn $10.2bn

AIRR and FDVV 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.

FDVV

FDVV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 95 positions, with the top ten at 33.8%.

Questions people ask

Are AIRR and FDVV in the same category?: AIRR is a thematic ETF and FDVV is a stock 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 FDVV?: In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and FDVV +13.5%.
Which is cheaper, AIRR or FDVV?: FDVV is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do AIRR and FDVV overlap with the S&P 500?: By their latest filed holdings, 15% of AIRR and 87% of FDVV by weight is stocks the S&P 500 already holds.

Other comparisons

AIRR vs SPHD AIRR vs VLUE AIRR vs HDV AIRR vs CGDV FDVV vs XBI FDVV vs IBB FDVV vs GDX FDVV vs REMX

Where to next

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

Sources and dates

AIRR filings on SEC EDGAR ↗

AIRR prospectus with the expense ratio (SEC) ↗

First Trust page for AIRR ↗

FDVV filings on SEC EDGAR ↗

FDVV prospectus with the expense ratio (SEC) ↗

Fidelity website ↗

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 FDVV, data as of Oct 28, 2026. https://etfiq.com/compare/any/airr-vs-fdvv

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