Data as of .
AIRR vs KMCA: which is really different?
AIRR and KMCA hold 0% of their weight in the same names.
ETFIQ Off-Index Score: KMCA scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIRR and KMCA hold 0% of their money in the same securities at the same weight.
| Only in AIRR | Only in KMCA |
|---|---|
| IES Holdings, Inc. 3.82% | SAMSUNG ELECTRO MECHANICS 15.17% |
| Forgent Power Solutions, Inc. (Class A) 3.52% | SK HYNIX INC 12.17% |
| Kratos Defense & Security Solutions, Inc. 3.37% | SAMSUNG ELECTRONICS CO LTD 8.01% |
| SPX Technologies 2.97% | DAEDUCK ELECTRONICS CO LTD 6.62% |
| BWX Technologies, Inc. 2.96% | ISUPETASYS COMPANY LTD 3.80% |
| Owens Corning 2.90% | SAMSUNG SDI COMPANY LTD 3.72% |
| Sterling Infrastructure, Inc. 2.84% | HANMI SEMICONDUCTOR COMPANY LTD 3.25% |
| Powell Industries, Inc. 2.83% | RAINBOW ROBOTICS INC 2.80% |
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 May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIRR | KMCA | AIRR | KMCA | AIRR | KMCA | |
| 3 months | −18.7% | −19.3% | −20.9 pts | −21.5 pts | −16.2 pts | −16.8 pts |
| 6 months | −1.1% | not published | −19.1 pts | not published | −25.3 pts | not published |
| 1 year | +11.6% | not published | −5.0 pts | not published | −10.2 pts | not published |
| 3 years | +102.2% | not published | +23.8 pts | not published | +4.0 pts | not published |
| Since launch | +456.3% | −12.4% | +52.5 pts | −17.0 pts | −325.2 pts | −16.3 pts |
| AIRR First Trust RBA American Industrial Renaissance ETF Holds 58 stocks in reshoring and manufacturing, 5% of its weight in S&P 500 companies | KMCA PLUS Korea Manufacturing Core Alliance Index ETF Holds 35 stocks in reshoring and manufacturing, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | PLUS |
| Theme | Reshoring and manufacturing | Reshoring and manufacturing |
| In the S&P 500 | 5.4% | 0.0% |
| Active share vs the S&P 500 | 99.9% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 58 | 35 |
| Top ten, share of the fund | 30.8% | 60.8% |
| Expense ratio | 0.69% | 0.65% |
| Fee for the differing part | 0.69% | 0.65% |
| Total return, 1 year | +11.6% | −12.4% (since launch on May 7, 2026) |
| vs the S&P 500 | −5.0 pts | −17.0 pts |
| vs the Nasdaq-100 | −10.2 pts | −16.3 pts |
| Below its high | −20.1% | −20.2% |
| Net assets | $9.2bn | $3m |
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.
KMCA in plain words
By weight, 0% of KMCA'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 61% of the fund across 35 positions, as filed for May 31, 2026. Since it launched on May 7, 2026 the fund returned −12.4% with distributions reinvested against +4.6% for the S&P 500, so a holder was behind by 17.0 pts. It sits 20.2% below its all-time high of Jun 1, 2026.
Questions people ask
- Do AIRR and KMCA hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AIRR or KMCA?
- AIRR has 5% of its weight in S&P 500 names and KMCA has 0%, so KMCA differs more from the index.
- Which is cheaper, AIRR or KMCA?
- AIRR charges 0.69% a year and KMCA charges 0.65%, so KMCA is cheaper. Fees come from each fund's prospectus.
Other comparisons
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.
Cite this page. ETFIQ, AIRR against KMCA, data as of Sep 18, 2026. https://etfiq.com/compare/themes/airr-vs-kmca Free to use with attribution; the underlying files are at Open data.