AIRR - First Trust RBA American Industrial RenaissanceTM ETF
AIRR is passively managed to select large- and midcap US companies from the Russel 2500 with the following industries: Commercial Services & Supplies, Construction & Engineering, Electrical Equipment, Machinery, and Banks. Firms must also have a positive 12-months forward earnings consensus estimate to be considered in the index. AIRR excludes community banks outside traditional mid-western manufacturing hubs, like Pennsylvania, Wisconsin, Michigan, Ohio, Illinois, Indiana and Iowa.
As of Jun 30, 2026: spot at $133.06, ATM IV 28.2%, max pain $123.00, net GEX $158.1K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $11.15B
- Beta
- 1.48
- 52-Week Range
- 80.97-135.05
- Dividend Yield
- $0.17
- IPO Date
- Mar 11, 2014
- Exchange
- NASDAQ
What AIRR Looks Like to Options Traders Today
IV rank of 44.9% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($158.1K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.105) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The AIRR overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked AIRR overview questions
- What is AIRR?
- AIRR is the ticker symbol for First Trust RBA American Industrial RenaissanceTM ETF, an listed exchange-traded fund. AIRR is passively managed to select large- and midcap US companies from the Russel 2500 with the following industries: Commercial Services & Supplies, Construction & Engineering, Electrical Equipment, Machinery, and Banks. Firms must also have a positive 12-months forward earnings consensus estimate to be considered in the index. Listed on NASDAQ. AIRR is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the AIRR options snapshot look like today?
- As of Jun 30, 2026, the AIRR options snapshot shows spot at $133.06, ATM IV 28.2%, IV rank 44.9%, max pain $123.00, net GEX $158.1K, expected move 8.08%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are AIRR's key statistics?
- First Trust RBA American Industrial RenaissanceTM ETF (AIRR) carries a market capitalization of $11.15B, 52-week range of 80.97-135.05. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does AIRR belong to?
- First Trust RBA American Industrial RenaissanceTM ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare AIRR's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the AIRR data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.