AIRR vs. FIW ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to First Trust ISE Water Index Fund (FIW)
AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$85.17

Average Daily Volume

376,961

Number of Holdings *

52

* may have additional holdings in another (foreign) market
FIW

First Trust ISE Water Index Fund

FIW Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$109.48

Average Daily Volume

36,079

Number of Holdings *

32

* may have additional holdings in another (foreign) market
Performance
Period AIRR FIW
30 Days 11.77% 2.02%
60 Days 13.97% 1.35%
90 Days 17.03% 2.23%
12 Months 66.54% 26.35%
5 Overlapping Holdings
Symbol Grade Weight in AIRR Weight in FIW Overlap
CNM D 2.56% 2.76% 2.56%
MLI C 3.42% 3.74% 3.42%
MWA B 1.74% 2.28% 1.74%
WMS D 2.33% 2.98% 2.33%
ZWS B 2.93% 2.42% 2.42%
AIRR Overweight 47 Positions Relative to FIW
Symbol Grade Weight
AAON B 3.32%
AIT A 3.3%
GVA A 3.25%
EME C 3.09%
RBC A 3.04%
BWXT B 2.98%
KEX C 2.96%
MDU D 2.9%
MSM C 2.87%
CHRW C 2.82%
HRI B 2.74%
ATKR C 2.73%
DY D 2.72%
CLH B 2.71%
PRIM A 2.63%
MTZ B 2.55%
FIX A 2.52%
FSS B 2.38%
ROAD A 2.16%
HII D 2.08%
ACA A 1.75%
FNB A 1.72%
STRL B 1.71%
ASB B 1.42%
WTFC A 1.41%
ONB B 1.38%
MRCY B 1.28%
GBX A 1.15%
HEES B 1.12%
VSEC C 1.06%
BLBD D 0.96%
FULT A 0.94%
TGI B 0.91%
POWL C 0.91%
WNC C 0.91%
DNOW B 0.87%
FFBC A 0.87%
LMB A 0.83%
TPC C 0.81%
PRLB A 0.8%
XMTR C 0.78%
PRK B 0.78%
FRME B 0.77%
FCF A 0.67%
AMRC F 0.62%
LKFN B 0.57%
TRNS D 0.53%
AIRR Underweight 27 Positions Relative to FIW
Symbol Grade Weight
IEX B -4.41%
PNR A -4.19%
WAT B -4.12%
ROP B -3.98%
ECL D -3.9%
ACM A -3.83%
AWK D -3.83%
VLTO D -3.67%
XYL D -3.57%
A D -3.56%
WTRG B -3.5%
IDXX F -3.5%
BMI B -3.1%
TTEK F -3.04%
AOS F -2.59%
VMI B -2.39%
ITRI B -2.26%
WTS B -2.15%
AWR B -2.09%
FELE B -2.05%
CWT D -1.85%
MSEX B -1.31%
LNN B -1.26%
SBS B -1.25%
HWKN B -1.23%
SJW D -1.16%
MEG F -0.68%
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