AIRR vs EWT

Comparison between FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF (AIRR, ETF) and ISHARES MSCI TAIWAN ETF (EWT, ETF).

5-Year PerformanceAIRR has outperformed EWT, delivering a return of +23.8% compared to +19.3%

AIRR vs EWT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AIRR(ETF)	EWT(ETF)
Net Assets	$10B	$10B
Expense Ratio	0.69%	0.59%
Max Drawdown	42.37%	66.98%
Sharpe Ratio	1.21	2.00
5Y Beta	1.28	1.20
P/E Ratio	33.21	N/A
Forward P/E	23.47	N/A
5Y Dividends CAGR	45.34%	17.83%
5Y EPS CAGR	19.86%	N/A
Debt to Equity	39.33%	N/A
P/S Ratio	2.04	N/A
P/B Ratio	3.99	N/A

Net Assets

AIRR

$10B

Winner

EWT

$10B

Expense Ratio

AIRR

0.69%

Winner

EWT

0.59%

Max Drawdown

Winner

AIRR

42.37%

EWT

66.98%

Sharpe Ratio

AIRR

1.21

Winner

EWT

2.00

5Y Beta

AIRR

1.28

Winner

EWT

1.20

P/E Ratio

AIRR

33.21

EWT

N/A

Forward P/E

AIRR

23.47

EWT

N/A

5Y Dividends CAGR

Winner

AIRR

45.34%

EWT

17.83%

5Y EPS CAGR

AIRR

19.86%

EWT

N/A

Debt to Equity

AIRR

39.33%

EWT

N/A

P/S Ratio

AIRR

2.04

EWT

N/A

P/B Ratio

AIRR

3.99

EWT

N/A

AIRR vs EWT - Historical Returns

Returns include dividend reinvestment.

Period	AIRR	EWT
1 month	+1.65%	+4.22%
3 months	-4.55%	+13.23%
6 months	+5.33%	+46.33%
1 year	+34.62%	+81.82%
5 years(CAGR)	+23.85%	+19.28%
10 years(CAGR)	+20.56%	+18.83%
Max(CAGR)	+16.19%	+7.39%

AIRR

+1.65%

Winner

EWT

+4.22%

AIRR

-4.55%

Winner

EWT

+13.23%

AIRR

+5.33%

Winner

EWT

+46.33%

AIRR

+34.62%

Winner

EWT

+81.82%

5Y(CAGR)

Winner

AIRR

+23.85%

EWT

+19.28%

10Y(CAGR)

Winner

AIRR

+20.56%

EWT

+18.83%

Max(CAGR)

Winner

AIRR

+16.19%

EWT

+7.39%

AIRR vs EWT - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	AIRR	EWT
2026	+21.68%	+63.93%
2025	+28.15%	+29.45%
2024	+34.63%	+18.86%
2023	+31.64%	+28.56%
2022	-2.33%	-29.44%
2021	+35.64%	+24.57%
2020	+17.89%	+29.83%
2019	+33.18%	+34.78%
2018	-20.86%	-11.37%
2017	+15.55%	+25.27%
2016	+46.48%	+21.43%
2015	-8.82%	-11.88%
2014	-6.57%	+9.67%
2013	N/A	+6.29%
2012	N/A	+17.35%
2011	N/A	-22.42%
2010	N/A	+19.35%
2009	N/A	+69.07%
2008	N/A	-43.19%
2007	N/A	+4.75%
2006	N/A	+14.69%
2005	N/A	+6.29%
2004	N/A	+4.14%
2003	N/A	+35.85%
2002	N/A	-26.24%
2001	N/A	+1.41%
2000	N/A	-42.87%

AIRR vs EWT Drawdown Comparison

The maximum drawdown for AIRR was -42.37%, occurring on Mar 23, 2020. Recovery took 187 trading sessions.

The maximum drawdown for EWT was -64.35%, occurring on Oct 7, 2002. Recovery took 1831 trading sessions.

The current AIRR drawdown is -7.35%. The current EWT drawdown is -4.80%.

Rank	AIRR	EWT
#1	-42.37% Feb 13, 2020 - Nov 9, 2020	-64.35% Jul 17, 2000 - Oct 29, 2007
#2	-28.40% Apr 2, 2014 - Aug 23, 2016	-62.92% Oct 29, 2007 - Jan 26, 2011
#3	-28.06% Sep 21, 2018 - Nov 1, 2019	-38.88% Jan 4, 2022 - May 15, 2024
#4	-27.95% Nov 25, 2024 - Jul 24, 2025	-31.35% Apr 27, 2015 - Feb 10, 2017
#5	-24.08% Nov 16, 2021 - Jan 13, 2023	-29.49% Jan 13, 2020 - Jul 6, 2020
#6	-17.18% Jun 22, 2026 - Jul 29, 2026	-29.06% Feb 7, 2011 - Apr 17, 2014
#7	-15.47% Sep 1, 2023 - Dec 13, 2023	-25.65% Jul 10, 2024 - Jun 10, 2025
#8	-14.36% Mar 3, 2023 - Jun 7, 2023	-20.51% Jan 22, 2018 - Oct 17, 2019
#9	-13.09% Feb 20, 2026 - Apr 14, 2026	-19.83% Jun 22, 2026 - Jul 29, 2026
#10	-11.06% Jan 12, 2018 - Aug 21, 2018	-12.98% Apr 29, 2021 - Sep 3, 2021
#11	-10.05% Jul 31, 2024 - Sep 19, 2024	-11.12% Aug 27, 2014 - Apr 23, 2015
#12	-9.86% May 7, 2021 - Aug 11, 2021	-10.51% Feb 25, 2026 - Apr 13, 2026
#13	-9.70% Mar 12, 2021 - May 7, 2021	-8.51% Jun 2, 2026 - Jun 18, 2026
#14	-9.45% Mar 1, 2017 - Sep 19, 2017	-8.16% Sep 3, 2021 - Nov 17, 2021
#15	-9.28% Oct 29, 2025 - Dec 10, 2025	-8.12% Oct 29, 2025 - Jan 2, 2026

Correlation

Correlation between AIRR and EWT is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2000 - 2026)

AIRR vs EWT dividend yield comparison.

Year	AIRR	EWT
2026	0.05%	0.00%
2025	0.19%	4.43%
2024	0.18%	3.32%
2023	0.23%	12.01%
2022	0.12%	18.82%
2021	0.05%	0.55%
2020	0.10%	1.83%
2019	0.20%	2.49%
2018	0.43%	3.16%
2017	0.30%	2.81%
2016	0.08%	2.39%
2015	0.47%	3.12%
2014	0.38%	1.93%
2013	0.00%	1.82%
2012	0.00%	1.99%
2011	0.00%	4.04%
2010	0.00%	1.86%
2009	0.00%	1.60%
2008	0.00%	7.93%
2007	0.00%	2.60%
2006	0.00%	2.08%
2005	0.00%	1.09%
2004	0.00%	0.66%
2003	0.00%	0.19%
2000	0.00%	8.12%