Data as of Oct 28, 2026.

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AIRR vs IYW: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AIRR returned −0.2% to IYW's +23.2%, and IYW charges 0.37% 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 $25.0bn for iShares U.S. Technology ETF.

At a glance
−0.2%
AIRR total return, 1 year
+23.2%
IYW total return, 1 year
0.69%
AIRR expense ratio
0.37%
IYW expense ratio

Pair scorecard

IYW costs 0.32 points a year less; their one-year returns differ by 23.4 points; IYW is 3.0 times larger.

AIRR vs IYW: Differences, Returns & Fees
MeasureAIRRIYW
Return
Total return, 1 year−0.2%+23.2%
Drawdown
Below its all-time high25.5%, high on Jun 22, 2026
Below its high5.5%, high on Oct 6, 2026
Against its benchmark
What it tracksReshoring and manufacturingRussell 1000 Technology RIC 22
Against the S&P 500, 1 yearbehind by 13.9 pts
Against its benchmark, 1 yearbehind by 13.9 pts
Cost and size
Expense ratio0.69%0.37%
Net assets, as of Oct 27, 2026$8.4bn$25.0bn
Active share vs the S&P 500100%
Holdings
Holdings in common0%
Top ten holdings, share of the fund33%65.1%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AIRR IYW
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 IYW
NVIDIA 16.81%
APPLE 16.60%
MICROSOFT 13.07%
BROADCOM INC 3.14%
ADVANCED MICRO DEVICES 3.04%
META PLATFORMS CLASS A 3.02%
MICRON TECHNOLOGY 2.73%
ALPHABET CLASS A 2.38%
Check overlap with more funds →

Side by side

AIRR First Trust RBA American Industrial Renaissance ETF IYW iShares U.S. Technology ETF
Where it sits Thematic ETF Stock ETF
What it is Reshoring and manufacturing Tracks an index of U.S. Technology
Total return, 1 year −0.2% +23.2%
Its benchmark over the same days +13.7% (VOO) +13.1% (IWB)
Gap to its benchmark −13.9 pts vs VOO +10.1 pts vs IWB
Expense ratio 0.69% 0.37%
Already in the S&P 500 14.7% 94.3%
Holdings 55 150
Net assets, as of Oct 27, 2026 $8.4bn $25.0bn

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

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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.

IYW

IYW tracks an index of U.S. Technology. Over the year to Oct 28, 2026 it returned +23.2% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 150 positions, with the top ten at 65.1%. It sat 5.5% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Are AIRR and IYW in the same category?
AIRR is a thematic ETF and IYW 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 IYW?
In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and IYW +23.2%.
Which is cheaper, AIRR or IYW?
IYW is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do AIRR and IYW overlap with the S&P 500?
By their latest filed holdings, 15% of AIRR and 94% of IYW by weight is stocks the S&P 500 already holds.
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ETFIQ, AIRR against IYW, data as of Oct 28, 2026. https://etfiq.com/compare/any/airr-vs-iyw

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