AIRR vs SLYV: Holdings Overlap
AIRRFirst Trust RBA American Industrial Renaissance ETF
First Trust · 52 holdings · $10.7B · as of 2026-03-31
SLYVState Street® SPDR® S&P 600™ Small Cap Value ETF
State Street (SPDR) · 462 holdings · $5.1B · as of 2026-08-06
Holdings snapshots are 128 days apart (AIRR: 2026-03-31, SLYV: 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 SLYV?
First Trust RBA American Industrial Renaissance ETF (AIRR, by First Trust) holds 52 positions; State Street® SPDR® S&P 600™ Small Cap Value ETF (SLYV, by State Street (SPDR)) holds 462. They have 9 holdings in common, and by portfolio weight the two funds are 2.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9AIRR holds 52 · SLYV holds 462
- Weight in Shared Holdings
- AIRR 7%·SLYV 2%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
43 of 52 positions (93.3% of the fund) are not held by SLYV. Showing the top 30 by weight.
Sector Breakdown
| Sector | AIRR | SLYV |
|---|---|---|
| Industrials | 91.9% | 13.2% |
| Financials | 8.0% | 22.1% |
| Consumer Discretionary | 0.0% | 15.7% |
| Information Technology | 0.0% | 11.8% |
| Real Estate | 0.0% | 6.9% |
| Other Sectors | 0.0% | 29.1% |
| Unclassified | 0.0% | 1.0% |
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. “Unclassified” is weight we could not classify (0% of AIRR, 1% of SLYV).
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% |
| SLYV | +3.6% | +23.2% | +39.5% | +13.6% | +8.2% | +10.3% | 1.78% |
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 SLYV →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by FULT, FFBC and DNOW.
 FULTFulton Financial Corporation COM | 0.96% | 0.49% | 0.49% |
|---|---|---|---|
 FFBCFirst Financial Bancorp. COM | 0.55% | 0.37% | 0.37% |
 DNOWDNOW Inc. COM | 0.55% | 0.30% | 0.30% |
 ACAArcosa Inc COM | 0.56% | 0.28% | 0.28% |
 CSWCSW Industrials Inc. COM | 1.06% | 0.26% | 0.26% |
 WERNWerner Enterprises Inc. COM | 0.63% | 0.24% | 0.24% |
 SNDRSchneider National, Inc., Class B | 0.60% | 0.19% | 0.19% |
 MWAMueller Water Products, Inc. COM SER A | 0.91% | 0.16% | 0.16% |
 TPCTutor Perini Corporation COM | 0.81% | 0.15% | 0.15% |
Frequently Asked Questions
How much do AIRR and SLYV overlap?
AIRR and SLYV overlap by 2.4% of portfolio weight. They share 9 holdings (AIRR holds 52 positions and SLYV holds 462), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AIRR and SLYV?
The two portfolios are 2.4% 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 SLYV?
The largest positions held by both funds are FULT, FFBC, DNOW, ACA and CSW. Together the top 9 shared positions account for 100% of the total overlap.
What does AIRR own that SLYV doesn't?
43 positions (93.3% of AIRR) are unique to AIRR, led by AGX, MTZ and FIX. In the other direction, 453 positions (97.5% of SLYV) are unique to SLYV.