ETF comparison

AIRRvsSHLD

Both Industrials.

First Trust RBA American Industrial RenaissanceTM ETF · Global X Defense Tech ETF

Holdings overlap

Weighted by ISIN/CUSIP
8.8%

5 positions appear in both funds. Buying equal dollars of AIRR and SHLD would leave roughly8.8%of each dollar exposed to the same underlying securities.

AIRR only 91.3%Shared 8.8%SHLD only 90.9%
In AIRR only
47 positions
Shared
5 positions
In SHLD only
43 positions

Side by side

AIRR

First Trust RBA American Industrial RenaissanceTM ETF

First Trust · Industrials

62composite / 100
Expense ratio
0.69%
Net assets
$9.45B
TTM yield
0.10%
Top-10 conc.
41.3%
SHLD

Global X Defense Tech ETF

Global X · Industrials

65composite / 100
Expense ratio
0.50%
Net assets
$7.24B
TTM yield
0.69%
Top-10 conc.
59.3%

Sub-score comparison

31
Cost
50
85
Tax efficiency
84
99
Liquidity
94
55
Concentration
30
Tracking quality
AIRRsub-scoreSHLD

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

SHLD is 19 bps cheaper than AIRR. On a $100,000 position that's about $190/yr more in fees for AIRR.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with AIRR vs SHLD.

Top shared holdings

5 shared in total
#HoldingIn AIRRIn SHLDOverlap
1BWX TECHNOLOGIES INC2.97%3.05%2.97%
2HUNTINGTON INGALLS INDUSTRIES INC2.44%2.04%2.04%
3KRATOS DEFENSE & SECURITY SOLUTIONS INC2.43%1.81%1.81%
4MERCURY SYSTEMS INC1.24%1.13%1.13%
5KARMAN HOLDINGS INC1.88%0.83%0.83%

Only in AIRR

47 total
  • STERLING INFRASTRUCTURE INC6.00%
  • ARGAN INC4.73%
  • COMFORT SYSTEMS USA INC4.42%
  • MASTEC INC4.18%
  • CH ROBINSON WORLDWIDE INC4.08%
  • OWENS CORNING3.89%
  • DYCOM INDUSTRIES INC3.76%
  • EMCOR GROUP INC3.75%
  • SAIA INC3.53%
  • POWELL INDUSTRIES INC2.48%

Only in SHLD

43 total
  • LOCKHEED MARTIN CORPORATION8.42%
  • RTX CORPORATION7.76%
  • GENERAL DYNAMICS CORPORATION7.67%
  • PALANTIR TECHNOLOGIES INC.7.07%
  • Rheinmetall Aktiengesellschaft5.76%
  • BAE SYSTEMS PLC4.88%
  • L3HARRIS TECHNOLOGIES, INC.4.69%
  • HANWHA AEROSPACE CO., LTD.4.40%
  • LEONARDO - SOCIETA PER AZIONI4.35%
  • THALES SA4.27%

Open AIRR or SHLD at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.