Published on 12 Apr 2024 on Zacks via Yahoo Finance
Launched on 03/10/2014, the First Trust RBA American Industrial Renaissance ETF (AIRR) is a smart beta exchange traded fund offering broad exposure to the Industrials ETFs category of the market.
What Are Smart Beta ETFs?
The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.