AIRR vs IYT: Holdings Overlap
AIRRFirst Trust RBA American Industrial Renaissance ETF
First Trust · 52 holdings · $10.7B · as of 2026-03-31
IYTiShares U.S. Transportation ETF
iShares · 44 holdings · $2.3B · as of 2026-04-30
Holdings snapshots are 30 days apart (AIRR: 2026-03-31, IYT: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are AIRR and IYT?
First Trust RBA American Industrial Renaissance ETF (AIRR, by First Trust) holds 52 positions; iShares U.S. Transportation ETF (IYT, by iShares) holds 44. They have 7 holdings in common, and by portfolio weight the two funds are 8.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7AIRR holds 52 · IYT holds 44
- Weight in Shared Holdings
- AIRR 13%·IYT 9%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in AIRR
45 of 52 positions (87.0% of the fund) are not held by IYT. Showing the top 30 by weight.
Only in IYT
37 of 44 positions (91.2% of the fund) are not held by AIRR. Showing the top 30 by weight.
Sector Breakdown
| Sector | AIRR | IYT |
|---|---|---|
| Industrials | 91.9% | 99.9% |
| Financials | 8.0% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AIRR | +0.6% | +25.7% | +39.9% | +32.0% | +24.5% | +20.5% | 0.09% |
| IYT | +0.1% | +17.7% | +28.2% | +11.7% | +8.0% | +10.7% | 0.90% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in AIRR vs IYT →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by CHRW, SAIA and R.
 CHRWC.H. Robinson Worldwide Inc COM NEW | 3.05% | 3.09% | 3.05% |
|---|---|---|---|
 SAIASaia Inc COM | 3.17% | 1.71% | 1.71% |
 RRyder System, Inc. COM | 1.97% | 1.43% | 1.43% |
 KEXKirby Corporation | 1.90% | 1.17% | 1.17% |
 LSTRLandstar System Inc. COM | 1.60% | 0.90% | 0.90% |
 WERNWerner Enterprises Inc. COM | 0.63% | 0.32% | 0.32% |
 SNDRSchneider National, Inc., Class B | 0.60% | 0.22% | 0.22% |
Frequently Asked Questions
How much do AIRR and IYT overlap?
AIRR and IYT overlap by 8.8% of portfolio weight. They share 7 holdings (AIRR holds 52 positions and IYT holds 44), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AIRR and IYT?
The two portfolios are 8.8% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of AIRR and IYT?
The largest positions held by both funds are CHRW, SAIA, R, KEX and LSTR. Together the top 7 shared positions account for 100% of the total overlap.
What does AIRR own that IYT doesn't?
45 positions (87.0% of AIRR) are unique to AIRR, led by AGX, MTZ and FIX. In the other direction, 37 positions (91.2% of IYT) are unique to IYT.