KRE vs. AIRR ETF Comparison

Comparison of SPDR S&P Regional Banking ETF (KRE) to First Trust RBA American Industrial Renaissance ETF (AIRR)

KRE

SPDR S&P Regional Banking ETF

KRE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.79

Average Daily Volume

14,327,645

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

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 ^*

* may have additional holdings in another (foreign) market

Performance

Period	KRE	AIRR
30 Days	15.58%	11.77%
60 Days	19.24%	13.97%
90 Days	18.21%	17.03%
12 Months	57.72%	66.54%

10 Overlapping Holdings

Symbol	Grade	Weight in KRE	Weight in AIRR	Overlap
ASB	B	1.05%	1.41%	1.05%
FCF	A	0.28%	0.66%	0.28%
FFBC	A	0.33%	0.86%	0.33%
FNB	A	1.15%	1.71%	1.15%
FRME	B	0.3%	0.75%	0.3%
FULT	A	0.86%	0.93%	0.86%
LKFN	B	0.24%	0.55%	0.24%
ONB	B	1.16%	1.32%	1.16%
PRK	B	0.28%	0.77%	0.28%
WTFC	A	1.44%	1.41%	1.41%

KRE Overweight 130 Positions Relative to AIRR

Symbol	Grade	Weight
MTB	A	5.01%
HBAN	A	4.87%
RF	A	4.72%
CFG	B	4.57%
TFC	A	4.4%
FHN	A	3.88%
ZION	B	3.08%
WBS	A	2.45%
SNV	B	2.3%
OZK	B	2.28%
WAL	B	2.26%
EWBC	A	2.09%
COLB	A	1.86%
CFR	B	1.86%
SSB	B	1.59%
PNFP	B	1.58%
VLY	B	1.5%
CADE	B	1.48%
AX	A	1.45%
UMBF	B	1.34%
PB	A	1.31%
CBSH	A	1.14%
BPOP	B	1.1%
TBBK	B	0.95%
BANC	A	0.93%
HWC	B	0.89%
TCBI	B	0.86%
GBCI	B	0.85%
BKU	A	0.84%
HOMB	A	0.79%
FFIN	B	0.78%
CUBI	C	0.77%
BOH	B	0.75%
FBP	B	0.69%
ABCB	B	0.65%
UBSI	B	0.62%
FIBK	A	0.59%
AUB	B	0.55%
EBC	B	0.55%
PFS	B	0.54%
CVBF	A	0.54%
CBU	B	0.53%
CATY	B	0.52%
INDB	B	0.52%
BOKF	B	0.5%
SFBS	B	0.48%
UCB	A	0.48%
FHB	A	0.47%
IBOC	A	0.47%
WAFD	B	0.45%
RNST	B	0.44%
WSFS	A	0.43%
PPBI	B	0.42%
HTLF	B	0.42%
TFIN	A	0.42%
IBTX	B	0.41%
BANR	B	0.4%
SBCF	A	0.39%
CASH	A	0.38%
NBHC	B	0.36%
SFNC	B	0.34%
TRMK	B	0.33%
HTH	B	0.31%
SASR	B	0.3%
OFG	B	0.29%
VBTX	B	0.28%
NWBI	B	0.28%
HOPE	B	0.27%
BHLB	B	0.26%
EGBN	B	0.25%
NBTB	B	0.25%
WSBC	A	0.24%
TOWN	B	0.24%
BANF	B	0.24%
FBMS	B	0.23%
LOB	B	0.22%
EFSC	B	0.21%
FBK	B	0.21%
CHCO	B	0.2%
PFBC	B	0.2%
FBNC	A	0.2%
WABC	B	0.19%
OCFC	B	0.19%
BRKL	B	0.19%
DCOM	A	0.19%
QCRH	A	0.18%
MCB	B	0.16%
PFC	A	0.16%
STBA	B	0.16%
CPF	A	0.15%
HAFC	A	0.15%
TCBK	B	0.15%
AMAL	B	0.15%
SYBT	B	0.15%
CFFN	B	0.15%
FFWM	C	0.14%
HFWA	B	0.14%
BUSE	B	0.14%
SRCE	B	0.14%
NIC	B	0.13%
PEBO	A	0.13%
CFB	B	0.13%
HTBK	A	0.13%
NFBK	B	0.13%
BY	B	0.13%
OSBC	A	0.13%
CNOB	B	0.12%
IBCP	B	0.12%
TMP	B	0.12%
CCB	A	0.11%
KRNY	B	0.11%
TFSL	A	0.11%
SBSI	B	0.11%
HIFS	B	0.1%
OBK	B	0.1%
WASH	C	0.1%
PGC	C	0.1%
FFIC	B	0.09%
AMTB	B	0.09%
MBWM	B	0.09%
UVSP	B	0.08%
CTBI	B	0.08%
TRST	A	0.08%
HBNC	B	0.07%
THFF	B	0.06%
CAC	B	0.06%
MSBI	B	0.06%
GSBC	B	0.05%
CLBK	B	0.04%
HONE	B	0.04%

KRE Underweight 42 Positions Relative to AIRR

Symbol	Grade	Weight
MLI	C	-3.45%
GVA	A	-3.3%
AAON	B	-3.28%
AIT	A	-3.23%
EME	C	-3.2%
RBC	A	-3.14%
MDU	D	-3.04%
BWXT	B	-3.01%
KEX	C	-2.94%
ZWS	B	-2.92%
CHRW	C	-2.76%
CNM	D	-2.73%
FIX	A	-2.72%
MSM	C	-2.72%
HRI	B	-2.69%
CLH	B	-2.68%
PRIM	A	-2.68%
MTZ	B	-2.61%
DY	D	-2.59%
ATKR	C	-2.52%
FSS	B	-2.4%
WMS	D	-2.29%
ROAD	A	-2.2%
HII	D	-2.02%
ACA	A	-1.78%
STRL	B	-1.77%
MWA	B	-1.76%
MRCY	B	-1.21%
GBX	A	-1.12%
HEES	B	-1.04%
VSEC	C	-1.03%
TGI	B	-0.98%
BLBD	D	-0.98%
LMB	A	-0.91%
WNC	C	-0.87%
DNOW	B	-0.87%
TPC	C	-0.85%
PRLB	A	-0.83%
POWL	C	-0.79%
XMTR	C	-0.78%
AMRC	F	-0.62%
TRNS	D	-0.51%