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EMLPvsAIRRETF Comparison
First Trust North American Energy Infrastructure ETF
First Trust RBA American Industrial Renaissance ETF
First Trust North American Energy Infrastructure ETF (EMLP) and First Trust RBA American Industrial Renaissance ETF (AIRR) belong to the same industry segment: Infrastructure. EMLP's top 3 sector exposures are Utilities, Energy and Industrials. In contrast, AIRR's top sector exposures are Industrials, Financials and Consumer Discretionary. EMLP is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.7% for AIRR. EMLP is up 14.97% year-to-date (YTD) with +$79M in YTD flows. AIRR performs worse with 14.2% YTD performance, and +$950M in YTD flows. Run a side-by-side ETF comparison of EMLP and AIRR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
EMLP vs AIRR performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | EMLP AIRR | +4.18%-6.71% | +14.61%+8.72% | +14.97%+14.20% | +23.72%+64.95% | +85.00%+143.06% | +125.65%+172.33% |
| Flows | EMLP AIRR | +$63M+$372M | +$100M+$1.12B | +$79M+$950M | +$196M+$2.84B | +$71M+$5.80B | +$380M+$5.92B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | EMLP AIRR | +10.15%+26.75% | +13.57%+27.54% | +13.04%+25.12% | +14.61%+24.81% |
| Max drawdown | EMLP AIRR | -1.89%-9.41% | -11.20%-13.85% | -11.35%-27.84% | -14.41%-27.84% |
| Max drawdown duration | EMLP AIRR | 8d17d | 106d38d | 177d239d | 329d239d |
EMLP | AIRR | |
Last sale 3/12/2026 at 4:45 PM | $43.88 | $110.22 |
| Previous close 03/11/2026 | $43.53 | $112.24 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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EMLP | AIRR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
EMLP | AIRR | |
|---|---|---|
| Last price | $43.88 | $110.22 |
| 1D performance | +0.80% | -1.80% |
| AuM | $3.97 B | $8.38 B |
| E/R | 0.95% | 0.7% |
EMLP | AIRR | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | First Trust | First Trust |
| Benchmark | - | Richard Bernstein Advisors American Industrial Renaissance Index |
| N° of holdings | 60 | 49 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 20, 2012 | March 10, 2014 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the EMLP and AIRR ETFs performed in 2026?
As of March 11, 2026, EMLP is up 14.97% year-to-date (YTD), while AIRR has returned 14.2%. That puts EMLP better performer ahead so far this year.
Which ETF is attracting more investor money: EMLP or AIRR?
Year-to-date, the EMLP ETF saw +$79M in flows, compared to +$950M for AIRR.
Which ETF is more volatile: EMLP or AIRR?
Over the past year, EMLP had a volatility of 13.57%, while AIRR experienced 27.54%.
Which ETF is bigger: EMLP or AIRR?
As of March 11, 2026, EMLP holds $3.97 B in assets under management (AUM), while AIRR manages $8.38 B.
What sectors do the EMLP and AIRR ETFs invest in?
EMLP leans toward sectors like Utilities and Energy. Meanwhile, AIRR focuses on Industrials and Financials.
What are the top holdings of the EMLP ETF and AIRR ETF?
EMLP top holdings include ENTERPRISE PRODUCTS PARTNERS UNT, ENERGY TRANSFER LP UNITS and MPLX COMMON UNITS. AIRR holds in its top three: CH ROBINSON WW, STERLING INFRASTRUCTURE INC and MICHAEL STORES.
Which ETF is more diversified: EMLP or AIRR?
EMLP holds 61 securities with 51.31% of its assets in the top 15. AIRR has 52 securities and a top 15 weight of 49.48%.
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