Are AIRR and VBIL in the same category?

AIRR is a thematic ETF and VBIL is a bond 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 VBIL?

In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and VBIL +3.7%.

Which is cheaper, AIRR or VBIL?

VBIL is cheaper, by 0.63 percentage points a year. That is about $63 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

AIRR vs VBIL: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AIRR returned −0.2% to VBIL's +3.7%, and VBIL charges 0.06% to AIRR's 0.69%.

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Net assets: $8.4bn on Oct 27, 2026 for First Trust RBA American Industrial Renaissance ETF, and $12.8bn on Sep 30, 2026 for Vanguard 0-3 Month Treasury Bill ETF.

AIRR on its own →VBIL on its own →

At a glance

−0.2%

AIRR total return, 1 year

+3.7%

VBIL total return, 1 year

0.69%

AIRR expense ratio

0.06%

VBIL expense ratio

Pair scorecard

VBIL costs 0.63 points a year less; their one-year returns differ by 3.9 points.

AIRR vs VBIL: Differences, Returns & Fees
Measure	AIRR	VBIL
Return
Measure	AIRR	VBIL
Total return, 1 year	−0.2%	+3.7%
Drawdown
Measure	AIRR	VBIL
Below its all-time high	25.5%, high on Jun 22, 2026
Against its benchmark
Measure	AIRR	VBIL
What it tracks	Reshoring and manufacturing	Bloomberg U.S. Treasury Bills 0-3 Months 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	VBIL
Expense ratio	0.69%	0.06%
Net assets, AIRR as of Oct 27, 2026 and VBIL as of Sep 30, 2026	$8.4bn	$12.8bn
Active share vs the S&P 500	100%
Holdings
Measure	AIRR	VBIL
Holdings in common	0%
In the S&P 500, by weight	15%
Top ten holdings, share of the fund	33%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, AIRR and VBIL hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AIRR VBIL

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 VBIL

United States Treasury Bill 5.76%

United States Treasury Bill 5.74%

United States Treasury Bill 5.21%

United States Treasury Bill 5.19%

United States Treasury Bill 5.11%

United States Treasury Bill 5.04%

United States Treasury Bill 4.95%

Check overlap with more funds →

Side by side

AIRR First Trust RBA American Industrial Renaissance ETF VBIL Vanguard 0-3 Month Treasury Bill ETF

Where it sits Thematic ETF Bond ETF

Issuer First Trust Vanguard

What it is Reshoring and manufacturing Tracks an index of 0-3 Month Treasury Bill

Total return, 1 year −0.2% +3.7%

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% 0.06%

Holdings 55 28

Net assets, AIRR as of Oct 27, 2026 and VBIL as of Sep 30, 2026 $8.4bn $12.8bn

AIRR and VBIL 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.

VBIL

VBIL tracks an index of 0-3 Month Treasury Bill. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

Questions people ask

Are AIRR and VBIL in the same category?: AIRR is a thematic ETF and VBIL is a bond 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 VBIL?: In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and VBIL +3.7%.
Which is cheaper, AIRR or VBIL?: VBIL is cheaper, by 0.63 percentage points a year. That is about $63 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

AIRR vs BOXX AIRR vs SGOV AIRR vs BIL AIRR vs BINC VBIL vs XBI IBB vs VBIL GDX vs VBIL REMX vs VBIL

Where to next

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

Sources and dates

AIRR filings on SEC EDGAR ↗

AIRR prospectus with the expense ratio (SEC) ↗

First Trust page for AIRR ↗

VBIL filings on SEC EDGAR ↗

VBIL prospectus with the expense ratio (SEC) ↗

Vanguard page for VBIL ↗

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 VBIL, data as of Oct 28, 2026. https://etfiq.com/compare/any/airr-vs-vbil

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