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SUB vs AIRR

Comparison between ISHARES SHORT-TERM NATIONAL MUNI BOND ETF (SUB, ETF) and FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF (AIRR, ETF).

5-Year PerformanceAIRR has outperformed SUB, delivering a return of +25.2% compared to +1.4%

SUB vs AIRR - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
SUB
$11B
Winner
AIRR
$12B
Expense Ratio
Winner
SUB
0.07%
AIRR
0.69%
Max Drawdown
Winner
SUB
11.72%
AIRR
42.37%
Sharpe Ratio
SUB
-1.44
Winner
AIRR
1.37
5Y Beta
Winner
SUB
0.01
AIRR
1.26
P/E Ratio
SUB
N/A
AIRR
36.44
Forward P/E
SUB
N/A
AIRR
24.02
5Y Dividends CAGR
SUB
20.26%
Winner
AIRR
45.34%
5Y EPS CAGR
SUB
N/A
AIRR
20.87%
Debt to Equity
SUB
N/A
AIRR
37.92%
P/S Ratio
SUB
N/A
AIRR
2.18
P/B Ratio
SUB
N/A
AIRR
4.12

SUB vs AIRR - Historical Returns

Returns include dividend reinvestment.

1M
Winner
SUB
-0.14%
AIRR
-7.59%
3M
Winner
SUB
+0.18%
AIRR
+0.07%
6M
SUB
+0.45%
Winner
AIRR
+7.73%
1Y
SUB
+2.29%
Winner
AIRR
+46.90%
5Y(CAGR)
SUB
+1.41%
Winner
AIRR
+25.23%
10Y(CAGR)
SUB
+1.44%
Winner
AIRR
+20.65%
Max(CAGR)
SUB
+1.58%
Winner
AIRR
+16.26%

SUB vs AIRR - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

YearSUBAIRR
2026+0.76%+21.37%
2025+3.55%+28.15%
2024+2.26%+34.63%
2023+2.83%+31.64%
2022-2.02%-2.33%
2021+0.17%+35.64%
2020+2.58%+17.89%
2019+3.00%+33.18%
2018+1.88%-20.86%
2017+0.83%+15.55%
2016+0.01%+46.48%
2015+0.71%-8.82%
2014+0.54%-6.57%
2013+0.77%N/A
2012+0.41%N/A
2011+3.85%N/A
2010+0.55%N/A
2009+4.28%N/A
2008+1.68%N/A

SUB vs AIRR Drawdown Comparison

The maximum drawdown for SUB was -9.46%, occurring on Mar 19, 2020. Recovery took 51 trading sessions.

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

The current SUB drawdown is -0.17%. The current AIRR drawdown is -7.59%.

RankSUBAIRR
#1-9.46%
Mar 6, 2020 - May 19, 2020
-42.37%
Feb 13, 2020 - Nov 9, 2020
#2-6.40%
Jan 16, 2009 - Sep 12, 2011
-28.40%
Apr 2, 2014 - Aug 23, 2016
#3-4.92%
Jan 13, 2009 - Jan 16, 2009
-28.06%
Sep 21, 2018 - Nov 1, 2019
#4-4.35%
Jul 22, 2021 - Dec 13, 2023
-27.95%
Nov 25, 2024 - Jul 24, 2025
#5-2.43%
Mar 1, 2013 - Oct 24, 2013
-24.08%
Nov 16, 2021 - Jan 13, 2023
#6-1.71%
Aug 24, 2016 - May 23, 2017
-15.47%
Sep 1, 2023 - Dec 13, 2023
#7-1.46%
Jan 17, 2012 - Mar 1, 2013
-14.36%
Mar 3, 2023 - Jun 7, 2023
#8-1.25%
Sep 7, 2017 - Nov 29, 2018
-13.09%
Feb 20, 2026 - Apr 14, 2026
#9-1.23%
Apr 4, 2025 - May 29, 2025
-11.06%
Jan 12, 2018 - Aug 21, 2018
#10-0.92%
Oct 2, 2024 - Jan 27, 2025
-10.05%
Jul 31, 2024 - Sep 19, 2024
#11-0.87%
Jan 30, 2015 - Oct 2, 2015
-9.86%
May 7, 2021 - Aug 11, 2021
#12-0.80%
Feb 23, 2026 - Jun 18, 2026
-9.79%
Jun 22, 2026 - Jul 20, 2026
#13-0.77%
Aug 15, 2019 - Nov 27, 2019
-9.70%
Mar 12, 2021 - May 7, 2021
#14-0.75%
Sep 12, 2011 - Dec 2, 2011
-9.45%
Mar 1, 2017 - Sep 19, 2017
#15-0.68%
Dec 27, 2023 - May 8, 2024
-9.28%
Oct 29, 2025 - Dec 10, 2025

Correlation

Correlation between SUB and AIRR is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91
-101

Dividend Comparison (2008 - 2026)

SUB vs AIRR dividend yield comparison.

YearSUBAIRR
20261.28%0.05%
20252.42%0.19%
20242.10%0.18%
20231.73%0.23%
20220.86%0.12%
20210.72%0.05%
20201.23%0.10%
20191.58%0.20%
20181.32%0.43%
20170.95%0.30%
20160.75%0.08%
20150.77%0.47%
20140.76%0.38%
20130.84%0.00%
20120.99%0.00%
20111.27%0.00%
20101.28%0.00%
20091.44%0.00%
20080.33%0.00%

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