AIRR vs NOBL
Comparison between FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF (AIRR, ETF) and PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF (NOBL, ETF).
5-Year PerformanceAIRR has outperformed NOBL, delivering a return of +25.2% compared to +6.5%
AIRR vs NOBL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
AIRR vs NOBL - Holdings Comparison
AIRR and NOBL have 2 common holdings. Overlap is 1.52%
AIRR's top 25 holdings weight is 71.33%. NOBL's top 25 holdings weight is 40.16%.
| Rank | AIRR | NOBL |
|---|---|---|
| #1 | STERLING INFRASTRUCTURE INC (STRL) - 5.17% | WEST PHARMACEUTICAL SERVICES INC (WST) - 1.82% |
| #2 | C.H. ROBINSON WORLDWIDE INC (CHRW) - 4.63% | AUTOMATIC DATA PROCESSING INC (ADP) - 1.70% |
| #3 | COMFORT SYSTEMS USA INC (FIX) - 4.18% | FRANKLIN RESOURCES INC (BEN) - 1.70% |
| #4 | ARGAN INC (AGX) - 3.90% | ABBVIE INC (ABBV) - 1.67% |
| #5 | MASTEC INC (MTZ) - 3.89% | n/a (EXPD) - 1.65% |
| #6 | OWENS-CORNING INC (OC) - 3.80% | ARCHER-DANIELS-MIDLAND CO (ADM) - 1.65% |
| #7 | SAIA INC (SAIA) - 3.78% | ESSEX PROPERTY TRUST INC (ESS) - 1.64% |
| #8 | EMCOR GROUP INC (EME) - 3.76% | W.W. GRAINGER INC (GWW) - 1.64% |
| #9 | DYCOM INDUSTRIES INC (DY) - 3.45% | HORMEL FOODS CORP (HRL) - 1.63% |
| #10 | BWX TECHNOLOGIES INC (BWXT) - 2.92% | T. ROWE PRICE GROUP INC (TROW) - 1.63% |
| #11 | CLEAN HARBORS INC (CLH) - 2.68% | CATERPILLAR INC (CAT) - 1.63% |
| #12 | F N B CORP (FNB) - 2.63% | STANLEY BLACK & DECKER INC (SWK) - 1.60% |
| #13 | KRATOS DEFENSE & SECURITY SOLUTIONS INC (KTOS) - 2.62% | GENERAL DYNAMICS CORP (GD) - 1.59% |
| #14 | HUNTINGTON INGALLS INDUSTRIES INC (HII) - 2.62% | JM SMUCKER CO (SJM) - 1.59% |
| #15 | ADVANCED DRAINAGE SYSTEMS INC (WMS) - 2.39% | JOHNSON & JOHNSON (JNJ) - 1.57% |
| #16 | POWELL INDUSTRIES INC (POWL) - 2.32% | CARDINAL HEALTH INC (CAH) - 1.57% |
| #17 | CORE & MAIN INC CLASS A (CNM) - 2.07% | NUCOR CORP (NUE) - 1.57% |
| #18 | KARMAN HOLDINGS INC (KRMN) - 1.99% | EVERSOURCE ENERGY (ES) - 1.56% |
| #19 | KIRBY CORP (KEX) - 1.92% | COLGATE-PALMOLIVE CO (CL) - 1.55% |
| #20 | APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT) - 1.89% | SYSCO CORP (SYY) - 1.55% |
| #21 | IES HOLDINGS INC (IESC) - 1.86% | COCA-COLA CO (KO) - 1.55% |
| #22 | RBC BEARINGS INC (RBC) - 1.83% | KIMBERLY-CLARK CORP (KMB) - 1.54% |
| #23 | HERC HOLDINGS INC (HRI) - 1.77% | FEDERAL REALTY INVESTMENT TRUST (FRT) - 1.53% |
| #24 | OSHKOSH CORP (OSK) - 1.64% | C.H. ROBINSON WORLDWIDE INC (CHRW) - 1.52% |
| #25 | SPX TECHNOLOGIES INC (SPXC) - 1.62% | KENVUE INC (KVUE) - 1.51% |
| Total Holdings | 53 | 71 |
AIRR vs NOBL - Historical Returns
Returns include dividend reinvestment.
AIRR vs NOBL - Annual Returns (2013 - 2026)
Returns include dividend reinvestment.
| Year | AIRR | NOBL |
|---|---|---|
| 2026 | +21.37% | +8.95% |
| 2025 | +28.15% | +7.59% |
| 2024 | +34.63% | +6.48% |
| 2023 | +31.64% | +8.00% |
| 2022 | -2.33% | -6.00% |
| 2021 | +35.64% | +27.46% |
| 2020 | +17.89% | +8.22% |
| 2019 | +33.18% | +28.20% |
| 2018 | -20.86% | -3.36% |
| 2017 | +15.55% | +20.64% |
| 2016 | +46.48% | +13.46% |
| 2015 | -8.82% | +0.50% |
| 2014 | -6.57% | +16.55% |
| 2013 | N/A | +8.60% |
AIRR vs NOBL Drawdown Comparison
The maximum drawdown for AIRR was -42.37%, occurring on Mar 23, 2020. Recovery took 187 trading sessions.
The maximum drawdown for NOBL was -35.43%, occurring on Mar 23, 2020. Recovery took 183 trading sessions.
The current AIRR drawdown is -7.59%. The current NOBL drawdown is -2.41%.
| Rank | AIRR | NOBL |
|---|---|---|
| #1 | -42.37% Feb 13, 2020 - Nov 9, 2020 | -35.43% Jan 17, 2020 - Oct 8, 2020 |
| #2 | -28.40% Apr 2, 2014 - Aug 23, 2016 | -17.91% Jan 4, 2022 - Jul 20, 2023 |
| #3 | -28.06% Sep 21, 2018 - Nov 1, 2019 | -15.37% Nov 29, 2024 - Jan 6, 2026 |
| #4 | -27.95% Nov 25, 2024 - Jul 24, 2025 | -15.27% Sep 21, 2018 - Mar 28, 2019 |
| #5 | -24.08% Nov 16, 2021 - Jan 13, 2023 | -12.92% Jul 26, 2023 - Feb 22, 2024 |
| #6 | -15.47% Sep 1, 2023 - Dec 13, 2023 | -10.39% Jan 26, 2018 - Sep 12, 2018 |
| #7 | -14.36% Mar 3, 2023 - Jun 7, 2023 | -9.84% Aug 17, 2015 - Mar 3, 2016 |
| #8 | -13.09% Feb 20, 2026 - Apr 14, 2026 | -9.11% Feb 27, 2026 - Jul 2, 2026 |
| #9 | -11.06% Jan 12, 2018 - Aug 21, 2018 | -7.85% Jul 20, 2016 - Feb 13, 2017 |
| #10 | -10.05% Jul 31, 2024 - Sep 19, 2024 | -7.09% Oct 12, 2020 - Nov 9, 2020 |
| #11 | -9.86% May 7, 2021 - Aug 11, 2021 | -7.05% Dec 30, 2013 - Mar 4, 2014 |
| #12 | -9.79% Jun 22, 2026 - Jul 20, 2026 | -6.33% Aug 16, 2021 - Nov 2, 2021 |
| #13 | -9.70% Mar 12, 2021 - May 7, 2021 | -5.69% Mar 28, 2024 - Jul 30, 2024 |
| #14 | -9.45% Mar 1, 2017 - Sep 19, 2017 | -5.50% Apr 30, 2019 - Jun 13, 2019 |
| #15 | -9.28% Oct 29, 2025 - Dec 10, 2025 | -5.45% Jul 30, 2019 - Sep 6, 2019 |
Correlation
Correlation between AIRR and NOBL is 0.89 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2013 - 2026)
AIRR vs NOBL dividend yield comparison.
| Year | AIRR | NOBL |
|---|---|---|
| 2026 | 0.05% | 0.99% |
| 2025 | 0.19% | 2.14% |
| 2024 | 0.18% | 2.05% |
| 2023 | 0.23% | 2.09% |
| 2022 | 0.12% | 1.94% |
| 2021 | 0.05% | 1.89% |
| 2020 | 0.10% | 2.14% |
| 2019 | 0.20% | 1.89% |
| 2018 | 0.43% | 2.37% |
| 2017 | 0.30% | 1.74% |
| 2016 | 0.08% | 2.13% |
| 2015 | 0.47% | 2.02% |
| 2014 | 0.38% | 1.60% |
| 2013 | 0.00% | 0.30% |
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