Data as of Oct 28, 2026.

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AIRR vs LYTE: Differences, Returns & Fees

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AIRR and LYTE are compared on the fields both publish.

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Net assets: $8.4bn on Oct 27, 2026 for First Trust RBA American Industrial Renaissance ETF, and $165m on Oct 28, 2026 for Roundhill Photonics & Optics ETF.

At a glance
−0.2%
AIRR total return, 1 year
−19.6%
LYTE total return, since launch, Aug 6, 2026
0.69%
AIRR expense ratio
0.65%
LYTE expense ratio

Pair scorecard

LYTE costs 0.04 points a year less; AIRR is far larger, $8.4bn against $163m.

AIRR vs LYTE: Differences, Returns & Fees
MeasureAIRRLYTE
Return
Total return, 1 year−0.2%not published
Drawdown
Below its all-time high25.5%, high on Jun 22, 202628.5%, high on Aug 17, 2026
Against its benchmark
What it tracksReshoring and manufacturingPhotonics and optics
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%0.65%
Net assets, as of Oct 27, 2026$8.4bn$163m
Active share vs the S&P 500100%
Holdings
Holdings in commonnot published
In the S&P 500, by weight15%
Top ten holdings, share of the fund33%

Method

Side by side

AIRR First Trust RBA American Industrial Renaissance ETF LYTE Roundhill Photonics & Optics ETF
Where it sits Thematic ETF Thematic ETF
What it is Reshoring and manufacturing Photonics and optics
Total return, 1 year −0.2% −19.6% (since launch, Aug 6, 2026)
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% 0.65%
Holdings 55 not yet filed
Net assets, AIRR as of Oct 27, 2026 and LYTE as of Oct 28, 2026 $8.4bn $165m

AIRR and LYTE 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.

LYTE

LYTE has no public holdings filing captured yet. Since it first traded on Aug 6, 2026 the fund returned −19.6% with distributions reinvested. It sits 28.5% below its all-time high of Aug 17, 2026.

Questions people ask

Which is cheaper, AIRR or LYTE?
LYTE is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, AIRR against LYTE, data as of Oct 28, 2026. https://etfiq.com/compare/any/airr-vs-lyte

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