Data as of Sep 21, 2026.
AIRR vs IBIT: how they differ
Over the year AIRR returned more, +11.6% to IBIT's −31.1%, and IBIT charges 0.25% to AIRR's 0.69%.
First Trust RBA American Industrial Renaissance ETF and iShares Bitcoin Trust ETF.
What they hold in common
By the books each fund has filed, AIRR and IBIT hold 0% of their money in the same securities at the same weight.
| Only in AIRR | Only in IBIT |
|---|---|
| IES Holdings, Inc. 3.82% | BITCOIN 100.00% |
| Forgent Power Solutions, Inc. (Class A) 3.52% | USD CASH 0.00% |
| Kratos Defense & Security Solutions, Inc. 3.37% | |
| SPX Technologies 2.97% | |
| BWX Technologies, Inc. 2.96% | |
| Owens Corning 2.90% | |
| Sterling Infrastructure, Inc. 2.84% | |
| Powell Industries, Inc. 2.83% |
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 Sep 18, 2026.
| AIRR First Trust RBA American Industrial Renaissance ETF | IBIT iShares Bitcoin Trust ETF | |
|---|---|---|
| Where it sits | Thematic ETF | Core fund |
| Issuer | First Trust | iShares |
| What it is | Reshoring and manufacturing | Holds bitcoin |
| Total return, 1 year | +11.6% | −31.1% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | −5.0 pts | −47.6 pts |
| Expense ratio | 0.69% | 0.25% |
| Holdings | 58 | 2 |
| Net assets | $9.2bn | $63.7bn |
AIRR in plain words
By weight, 5% 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 31% of the fund across 58 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +11.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 5.0 pts. It sits 20.1% below its all-time high of Jun 22, 2026.
IBIT in plain words
IBIT holds bitcoin. Over the year to Sep 18, 2026 it returned −31.1% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 35.5% below its high of Oct 6, 2025 on Sep 18, 2026.
Questions people ask
- Which returned more over the last year, AIRR or IBIT?
- In the year to Sep 21, 2026, with distributions reinvested, AIRR returned +11.6% and IBIT returned −31.1%, so AIRR returned more.
- Which is cheaper, AIRR or IBIT?
- AIRR charges 0.69% a year and IBIT charges 0.25%, so IBIT is cheaper. Fees come from each fund's prospectus.
- Are AIRR and IBIT the same kind of fund?
- No. AIRR is a thematic ETF and IBIT is a crypto 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 IBIT, data as of Sep 21, 2026. https://etfiq.com/compare/any/airr-vs-ibit Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources