AIRR vs KOMP: Holdings Overlap
AIRRFirst Trust RBA American Industrial Renaissance ETF
First Trust · 52 holdings · $10.7B · as of 2026-03-31
KOMPState Street® SPDR® S&P Kensho New Economies Composite ETF
State Street (SPDR) · 501 holdings · $2.6B · as of 2026-08-06
Holdings snapshots are 128 days apart (AIRR: 2026-03-31, KOMP: 2026-08-06). 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 KOMP?
First Trust RBA American Industrial Renaissance ETF (AIRR, by First Trust) holds 52 positions; State Street® SPDR® S&P Kensho New Economies Composite ETF (KOMP, by State Street (SPDR)) holds 501. They have 12 holdings in common, and by portfolio weight the two funds are 2.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12AIRR holds 52 · KOMP holds 501
- Weight in Shared Holdings
- AIRR 21%·KOMP 3%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
40 of 52 positions (79.3% of the fund) are not held by KOMP. Showing the top 30 by weight.
Only in KOMP
489 of 501 positions (97.3% of the fund) are not held by AIRR. Showing the top 30 by weight.
Sector Breakdown
| Sector | AIRR | KOMP |
|---|---|---|
| Industrials | 91.9% | 27.4% |
| Information Technology | 0.0% | 29.9% |
| Health Care | 0.0% | 12.4% |
| Financials | 8.0% | 1.8% |
| Consumer Discretionary | 0.0% | 4.3% |
| Other Sectors | 0.0% | 9.7% |
| Unclassified | 0.0% | 14.3% |
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. “Unclassified” is weight we could not classify (0% of AIRR, 14% of KOMP).
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% |
| KOMP | +3.5% | +18.5% | +29.5% | +17.6% | +3.3% | — | 1.47% |
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 KOMP →
Shared Holdings(12)
The top 10 shared positions account for 94% of the overlap, led by KTOS, AIT and SHLS.
 KTOSKratos Defense & Security Solutions, Inc. COM NEW | 1.91% | 0.43% | 0.43% |
|---|---|---|---|
 AITApplied Industrial Technologies Inc. COM | 1.83% | 0.41% | 0.41% |
 SHLSShoals Technologies Group, Inc., Class A | 0.54% | 0.39% | 0.39% |
 KRMNKarman Holdings Inc. COMMON STOCK | 2.31% | 0.24% | 0.24% |
 ACAArcosa Inc COM | 0.56% | 0.22% | 0.22% |
 DRSLeonardo DRS Inc COM | 0.77% | 0.16% | 0.16% |
 MRCYMercury Systems Inc COM | 0.83% | 0.16% | 0.16% |
 HIIHuntington Ingalls Industries, Inc. COM | 3.01% | 0.14% | 0.14% |
 BWXTBWX Technologies Inc. COM | 3.13% | 0.13% | 0.13% |
 OSKOshkosh Corporation COM | 1.94% | 0.10% | 0.10% |
 MWAMueller Water Products, Inc. COM SER A | 0.91% | 0.08% | 0.08% |
 CNMCore & Main, Inc., Class A | 2.80% | 0.07% | 0.07% |
Frequently Asked Questions
How much do AIRR and KOMP overlap?
AIRR and KOMP overlap by 2.5% of portfolio weight. They share 12 holdings (AIRR holds 52 positions and KOMP holds 501), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AIRR and KOMP?
The two portfolios are 2.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of AIRR and KOMP?
The largest positions held by both funds are KTOS, AIT, SHLS, KRMN and ACA. Together the top 10 shared positions account for 94% of the total overlap.
What does AIRR own that KOMP doesn't?
40 positions (79.3% of AIRR) are unique to AIRR, led by AGX, MTZ and FIX. In the other direction, 489 positions (97.3% of KOMP) are unique to KOMP.