Are AIRR and HDV in the same category?

AIRR is a thematic ETF and HDV 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 HDV?

In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and HDV +29.4%.

Which is cheaper, AIRR or HDV?

HDV is cheaper, by 0.61 percentage points a year. That is about $61 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 15% of AIRR and 90% of HDV by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

AIRR vs HDV: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, AIRR returned −0.2% to HDV's +29.4%, and HDV charges 0.08% to AIRR's 0.69%.

askIQ about this page

askIQ about AIRR and HDV

Net assets on Oct 27, 2026: $8.4bn for First Trust RBA American Industrial Renaissance ETF and $15.9bn for iShares Core High Dividend ETF.

AIRR on its own →HDV on its own →

At a glance

−0.2%

AIRR total return, 1 year

+29.4%

HDV total return, 1 year

0.69%

AIRR expense ratio

0.08%

HDV expense ratio

Pair scorecard

HDV costs 0.61 points a year less; their one-year returns differ by 29.6 points; HDV is 1.9 times larger.

AIRR vs HDV: Differences, Returns & Fees
Measure	AIRR	HDV
Return
Measure	AIRR	HDV
Total return, 1 year	−0.2%	+29.4%
Drawdown
Measure	AIRR	HDV
Below its all-time high	25.5%, high on Jun 22, 2026
Against its benchmark
Measure	AIRR	HDV
What it tracks	Reshoring and manufacturing	Morningstar Dividend Yield Focus 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	HDV
Expense ratio	0.69%	0.08%
Net assets, as of Oct 27, 2026	$8.4bn	$15.9bn
Active share vs the S&P 500	100%
Holdings
Measure	AIRR	HDV
Holdings in common	0%
Top ten holdings, share of the fund	33%	55.6%

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

What they share

By the books each fund has filed, AIRR and HDV 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 HDV

MSC Industrial Direct Co., Inc. (Class A) 1.69% 0.07%

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 HDV

EXXONMOBIL HOLDINGS CORP 9.48%

CHEVRON 7.22%

ABBVIE 6.77%

PROCTER & GAMBLE 5.46%

VERIZON COMMUNICATIONS INC 5.12%

PHILIP MORRIS INTERNATIONAL 5.04%

HOME DEPOT 4.57%

COCA-COLA 4.26%

Check overlap with more funds →

Side by side

AIRR First Trust RBA American Industrial Renaissance ETF HDV iShares Core High Dividend ETF

Where it sits Thematic ETF Stock ETF

Issuer First Trust iShares

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

Total return, 1 year −0.2% +29.4%

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% 0.08%

Already in the S&P 500 14.7% 89.5%

Holdings 55 77

Net assets, as of Oct 27, 2026 $8.4bn $15.9bn

AIRR and HDV 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.

HDV

HDV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +29.4% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 55.6%.

Questions people ask

Are AIRR and HDV in the same category?: AIRR is a thematic ETF and HDV 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 HDV?: In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and HDV +29.4%.
Which is cheaper, AIRR or HDV?: HDV is cheaper, by 0.61 percentage points a year. That is about $61 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do AIRR and HDV overlap with the S&P 500?: By their latest filed holdings, 15% of AIRR and 90% of HDV by weight is stocks the S&P 500 already holds.

Other comparisons

AIRR vs FDVV AIRR vs DGRO AIRR vs SPHD AIRR vs VYM HDV vs XBI HDV vs IBB GDX vs HDV HDV vs REMX

Where to next

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

Sources and dates

AIRR filings on SEC EDGAR ↗

AIRR prospectus with the expense ratio (SEC) ↗

First Trust page for AIRR ↗

HDV filings on SEC EDGAR ↗

HDV prospectus with the expense ratio (SEC) ↗

iShares page for HDV ↗

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.

Cite this pageCitation, APA and Markdown

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

Open data →

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