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AIRRvsGCADETF Comparison

ETF 1

AIRR

First Trust RBA American Industrial Renaissance ETF

This fund is part of

Infrastructure

-0.08%

Full AIRR fund page

VS

ETF 2

GCAD

Gabelli Commercial Aerospace & Defense ETF

Full GCAD fund page

First Trust RBA American Industrial Renaissance ETF (AIRR) belongs to the Infrastructure segment. Gabelli Commercial Aerospace & Defense ETF (GCAD) is part of the segment. AIRR's top 3 sector exposures are Industrials, Financials and Consumer Discretionary. In contrast, GCAD's top sector exposures are Industrials, Materials and Communication Services. AIRR is less expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.9% for GCAD. AIRR is up 27.67% year-to-date (YTD) with +$1.44B in YTD flows. GCAD performs worse with 10.68% YTD performance, and +$12M in YTD flows. Run a side-by-side ETF comparison of AIRR and GCAD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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AIRR vs GCAD performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	AIRR GCAD	+13.61%+1.85%	+11.95%-3.14%	+27.67%+10.68%	+84.75%+59.88%	+175.79%+115.61%	+203.97%n/a
Flows	AIRR GCAD	+$461M+$794K	+$1.20B+$10M	+$1.44B+$12M	+$3.38B+$16M	+$6.28B+$19M	+$6.36B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	AIRR GCAD	+30.13%+24.31%	+24.85%+18.20%	+25.45%+18.19%	+25.01%n/a
Max drawdown	AIRR GCAD	-13.03%-14.81%	-13.03%-14.81%	-27.84%-16.22%	-27.84%n/a
Max drawdown duration	AIRR GCAD	50d51d	50d51d	239d91d	239dn/a

Trading data

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	AIRR	GCAD
Last sale 4/24/2026 at 1:30 PM	$124.11	$50.34
Previous close 04/23/2026	$125.43	$51.10
Consolidated volume 04/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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GCAD

is actively managed and doesn’t replicate an index

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	AIRR	GCAD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	AIRR	GCAD
Last price	$124.11	$50.34
1D performance	-1.05%	-1.49%
AuM	$9.91 B	$28.22 M
E/R	0.7%	0.9%

Characteristics

	AIRR	GCAD
Management strategy	Passive	Active
Provider	First Trust	Gabelli Funds
Benchmark	Richard Bernstein Advisors American Industrial Renaissance Index	-
N° of holdings	49	38
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	March 10, 2014	January 3, 2023
ESG	No	No

More AIRR data on Trackinsight

More GCAD data on Trackinsight

Exposure

Countries

AIRR

USA

99.85%

Other

0.15%

GCAD

USA

87.87%

Other

12.13%

Sectors

AIRR

Industrials

83.39%

Financials

7.93%

Other

8.68%

GCAD

Industrials

85.62%

Other

14.38%

Diversification

AIRR

Total weight of top 15 holdings out of 15

51.56%

GCAD

Total weight of top 15 holdings out of 15

63.19%

Top 15 holdings

Data as of March 31, 2026

AIRR

ARGAN

5.02%

MICHAEL STORES

4.72%

COMFORT SYSTEMS USA

4.24%

STERLING INFRASTRUCTURE INC

4.01%

EMCOR GROUP

3.57%

PRIMORIS SERVICES

3.45%

BWX TECHNOLOGIES INC

3.19%

SAIA

3.13%

US78473E1038

3.11%

DYCOM INDUSTRIES

3.08%

HUNTINGTON INGALLS INDUSTRIES

3.05%

CH ROBINSON WW

3.03%

CORE & MAIN

2.83%

OWENS CORNING

2.69%

CLEAN HARBORS

2.44%

GCAD

ALBANY INTERNATIONAL

5.94%

BOEING U

5.92%

LOCKHEED MARTIN

5.83%

NORTHROP GRUMMAN

5.79%

MOOG

5.30%

HEXCEL

4.58%

TEXTRON

4.58%

HONEYWELL INTL

4.21%

DUCOMMUN

3.86%

L3 HARRIS TECHNOLOGIES

3.60%

MERCURY SYSTEMS INC

2.90%

GENERAL DYNAMICS

2.87%

HOWMET AEROSPACE INC

2.77%

CURTISS WRIGHT

2.72%

ASTRONICS

2.33%

Frequently asked questions about AIRR and GCAD

How have the AIRR and GCAD ETFs performed in 2026?

As of April 23, 2026, AIRR is up 27.67% year-to-date (YTD), while GCAD has returned 10.68%. That puts AIRR better performer ahead so far this year.

Which ETF is attracting more investor money: AIRR or GCAD?

Year-to-date, the AIRR ETF saw +$1.44B in flows, compared to +$12M for GCAD.

Which ETF is more volatile: AIRR or GCAD?

Over the past year, AIRR had a volatility of 24.85%, while GCAD experienced 18.2%.

Which ETF is bigger: AIRR or GCAD?

As of April 23, 2026, AIRR holds $9.91 B in assets under management (AUM), while GCAD manages $28.22 M.

What sectors do the AIRR and GCAD ETFs invest in?

AIRR leans toward sectors like Industrials and Financials. Meanwhile, GCAD focuses on Industrials.

What are the top holdings of the AIRR ETF and GCAD ETF?

AIRR top holdings include ARGAN, MICHAEL STORES and COMFORT SYSTEMS USA. GCAD holds in its top three: ALBANY INTERNATIONAL, BOEING U and LOCKHEED MARTIN.

Which ETF is more diversified: AIRR or GCAD?

AIRR holds 52 securities with 51.56% of its assets in the top 15. GCAD has 40 securities and a top 15 weight of 63.19%.

Tony's ETF Buyers Guide: Aerospace & Defense ETFs

January 15, 2024

GCAD

Israel-Hamas War, Part 1: Implications for Aerospace & Defense ETFs

November 2, 2023

GCAD

AIRRvsGCADETF Comparison

First Trust RBA American Industrial Renaissance ETF

Gabelli Commercial Aerospace & Defense ETF

AIRR vs GCAD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the AIRR and GCAD ETFs performed in 2026?

As of April 23, 2026, AIRR is up 27.67% year-to-date (YTD), while GCAD has returned 10.68%. That puts AIRR better performer ahead so far this year.

Which ETF is attracting more investor money: AIRR or GCAD?

Year-to-date, the AIRR ETF saw +$1.44B in flows, compared to +$12M for GCAD.

Which ETF is more volatile: AIRR or GCAD?

Over the past year, AIRR had a volatility of 24.85%, while GCAD experienced 18.2%.

Which ETF is bigger: AIRR or GCAD?

As of April 23, 2026, AIRR holds $9.91 B in assets under management (AUM), while GCAD manages $28.22 M.

What sectors do the AIRR and GCAD ETFs invest in?

AIRR leans toward sectors like Industrials and Financials. Meanwhile, GCAD focuses on Industrials.

What are the top holdings of the AIRR ETF and GCAD ETF?

AIRR top holdings include ARGAN, MICHAEL STORES and COMFORT SYSTEMS USA. GCAD holds in its top three: ALBANY INTERNATIONAL, BOEING U and LOCKHEED MARTIN.

Which ETF is more diversified: AIRR or GCAD?

AIRR holds 52 securities with 51.56% of its assets in the top 15. GCAD has 40 securities and a top 15 weight of 63.19%.

Tony's ETF Buyers Guide: Aerospace & Defense ETFs

Israel-Hamas War, Part 1: Implications for Aerospace & Defense ETFs

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