Which returned more over the last year, AIRR or XBI?

In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and XBI +41.2%.

Which is cheaper, AIRR or XBI?

XBI is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do AIRR and XBI overlap with the S&P 500?

By their latest filed holdings, 15% of AIRR and 13% of XBI by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

AIRR vs XBI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AIRR returned −0.2% to XBI's +41.2%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $8.4bn for First Trust RBA American Industrial Renaissance ETF and $10.3bn for State Street SPDR S&P Biotech ETF.

AIRR on its own →XBI on its own →

At a glance

−0.2%

AIRR total return, 1 year

+41.2%

XBI total return, 1 year

0.69%

AIRR expense ratio

0.35%

XBI expense ratio

Pair scorecard

XBI costs 0.34 points a year less; their one-year returns differ by 41.4 points; XBI is 1.2 times larger.

AIRR vs XBI: Differences, Returns & Fees
Measure	AIRR	XBI
Return
Measure	AIRR	XBI
Total return, 1 year	−0.2%	+41.2%
Drawdown
Measure	AIRR	XBI
Below its all-time high	25.5%, high on Jun 22, 2026	8.9%, high on Feb 8, 2021
Against its benchmark
Measure	AIRR	XBI
What it tracks	Reshoring and manufacturing	Biotech
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	XBI
Expense ratio	0.69%	0.35%
Net assets, as of Oct 27, 2026	$8.4bn	$10.3bn
Active share vs the S&P 500	100%	98%
Holdings
Measure	AIRR	XBI
Holdings in common	0%
Top ten holdings, share of the fund	33%	18%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AIRR XBI

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 XBI

MODERNA INC 2.24%

TWIST BIOSCIENCE CORP 1.86%

NATERA INC 1.82%

BIOGEN INC 1.75%

HALOZYME THERAPEUTICS INC 1.75%

UNITED THERAPEUTICS CORP 1.71%

AMGEN INC 1.68%

ABBVIE INC 1.67%

Check overlap with more funds →

Side by side

AIRR First Trust RBA American Industrial Renaissance ETF XBI State Street SPDR S&P Biotech ETF

Where it sits Thematic ETF Thematic ETF

Issuer First Trust State Street

What it is Reshoring and manufacturing Biotech

Total return, 1 year −0.2% +41.2%

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% 0.35%

Already in the S&P 500 14.7% 13.2%

Holdings 55 165

Net assets, as of Oct 27, 2026 $8.4bn $10.3bn

AIRR and XBI 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.

XBI

By weight, 13% of XBI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 18% of the fund across 165 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +41.2% with distributions reinvested. It sits 8.9% below its all-time high of Feb 8, 2021.

Questions people ask

Which returned more over the last year, AIRR or XBI?: In the year to Oct 28, 2026, with distributions reinvested, AIRR returned −0.2% and XBI +41.2%.
Which is cheaper, AIRR or XBI?: XBI is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do AIRR and XBI overlap with the S&P 500?: By their latest filed holdings, 15% of AIRR and 13% of XBI by weight is stocks the S&P 500 already holds.

Other comparisons

AIRR vs REMX AIRR vs LYTE AIRR vs VTEB AIRR vs VPU IBB vs XBI GDX vs XBI REMX vs XBI LYTE vs XBI

Where to next

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

Sources and dates

AIRR filings on SEC EDGAR ↗

AIRR prospectus with the expense ratio (SEC) ↗

First Trust page for AIRR ↗

XBI filings on SEC EDGAR ↗

XBI prospectus with the expense ratio (SEC) ↗

State Street website ↗

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.

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ETFIQ, AIRR against XBI, data as of Oct 28, 2026. https://etfiq.com/compare/any/airr-vs-xbi

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