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Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

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 each
Only in AIRROnly 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 and IBIT on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
AIRR
First Trust RBA American Industrial Renaissance ETF
IBIT
iShares Bitcoin Trust ETF
Where it sitsThematic ETFCore fund
IssuerFirst TrustiShares
What it isReshoring and manufacturingHolds 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 ratio0.69%0.25%
Holdings582
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.

AIRR against IBIT, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

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