Among the First Trust funds to outperform the S&P 500 Index ([SPX]) in Q2 2026 and on a year-to-date basis is the First Trust RBA American Industrial Renaissance ETF (AIRR).
There were no changes to any of the First Trust Models covered within the report this week.
Among the First Trust funds to outperform the S&P 500 Index (SPX) in Q2 2026 and on a year-to-date basis is the First Trust RBA American Industrial Renaissance ETF (AIRR), which has gained 15.82% in Q2 and over 30% year-to-date (thru 5/26). AIRR maintains a strong 5.80 fund score, which is a full score point higher than the average group score for funds within the Domestic Growth (4.38) and All US (4.02) groups. On a relative basis, AIRR has maintained positive long-term RS against the market since August 2025 and peer group since September 2025. The fund has sustained a positive trend on the default trend chart since May of last year, and AIRR returned to a buy signal in early April before rallying to a new all-time chart highs early this month at $132. After reversing down and falling to $122, yesterday’s (5/26) action led to a reversal back into Xs at $128 and an actionable point for those seeking exposure to the fund. Initial support for the fund resides at $122, while additional can be found at $106 and in the $90 range.
