AIRR vs XMMO: Holdings Overlap
AIRRFirst Trust RBA American Industrial Renaissance ETF
First Trust · 52 holdings · $10.7B · as of 2026-03-31
XMMOInvesco S&P MidCap Momentum ETF
Invesco · 76 holdings · $7.2B · as of 2026-04-30
Holdings snapshots are 30 days apart (AIRR: 2026-03-31, XMMO: 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 XMMO?
First Trust RBA American Industrial Renaissance ETF (AIRR, by First Trust) holds 52 positions; Invesco S&P MidCap Momentum ETF (XMMO, by Invesco) holds 76. They have 7 holdings in common, and by portfolio weight the two funds are 12.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7AIRR holds 52 · XMMO holds 76
- Weight in Shared Holdings
- AIRR 22%·XMMO 13%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 (77.7% of the fund) are not held by XMMO. Showing the top 30 by weight.
Sector Breakdown
| Sector | AIRR | XMMO |
|---|---|---|
| Industrials | 91.9% | 40.3% |
| Information Technology | 0.0% | 15.0% |
| Financials | 8.0% | 3.8% |
| Materials | 0.0% | 7.9% |
| Energy | 0.0% | 7.1% |
| Other Sectors | 0.0% | 25.6% |
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% |
| XMMO | +1.1% | +17.4% | +26.1% | +25.9% | +14.3% | +18.6% | 0.60% |
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 XMMO →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by MTZ, BWXT and STRL.
 MTZMastec, Inc. COM | 4.65% | 2.26% | 2.26% |
|---|---|---|---|
 BWXTBWX Technologies Inc. COM | 3.13% | 2.21% | 2.21% |
 STRLSterling Infrastructure Inc COM | 3.96% | 2.16% | 2.16% |
 KTOSKratos Defense & Security Solutions, Inc. COM NEW | 1.91% | 1.86% | 1.86% |
 RBCRBC Bearings Inc COM | 2.32% | 1.77% | 1.77% |
 DYDycom Industries, Inc. COM | 3.07% | 1.60% | 1.60% |
 SPXCSPX Technologies, Inc. COM | 3.13% | 0.80% | 0.80% |
Frequently Asked Questions
How much do AIRR and XMMO overlap?
AIRR and XMMO overlap by 12.7% of portfolio weight. They share 7 holdings (AIRR holds 52 positions and XMMO holds 76), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AIRR and XMMO?
The two portfolios are 12.7% 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 XMMO?
The largest positions held by both funds are MTZ, BWXT, STRL, KTOS and RBC. Together the top 7 shared positions account for 100% of the total overlap.
What does AIRR own that XMMO doesn't?
45 positions (77.7% of AIRR) are unique to AIRR, led by AGX, FIX and EME. In the other direction, 69 positions (87.0% of XMMO) are unique to XMMO.