AIRR vs XMMO overlap - what they share and where they differ

AIRR and XMMO share 14.0% of their weight across 8 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

AIRR and XMMO

14.0%

8 shared positions

AIRR

First Trust RBA American Industrial Renaissance ETF

Reported positions cover 100% of the fund, 51 positions · Jun 30, 2026

Top 10: 41.3%·Holdings of AIRR

XMMO

Invesco S&P MidCap Momentum ETF

Reported positions cover 100% of the fund, 76 positions · Apr 30, 2026

Top 10: 27.9%·Holdings of XMMO

Reported positions cover AIRR 100%, XMMO 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

XMMO vs AIRR side by side

AIRRFirst Trust RBA American Industrial Renaissance ETF

51

stock positions reported to the SEC

75.7% of its weight is in 43 names XMMO does not hold

XMMOInvesco S&P MidCap Momentum ETF

76

stock positions reported to the SEC

84.8% of its weight is in 68 names AIRR does not hold

Where each fund's weight sits

AIRR
XMMO
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Industrials
53.7%
12.9%
Technology
15.2%
34.1%
Basic Materials
9.4%
13.3%
Real Estate
0.0%
8.7%
Healthcare
0.0%
8.2%
Consumer Cyclical
7.8%
0.0%

The widest gap is Industrials: AIRR has 40.8 points more of it.

The figures side by side

AIRRXMMO
Filing dateJun 30, 2026Apr 30, 2026
Stock positions reported5176
Weight of the ten largest41.3%27.9%
Largest positionSTRL 6.0%CW 3.9%
Held alone43 positions, 75.7%68 positions, 84.8%
Covered by stock positions100%100%

Holdings they share

StockIn AIRRIn XMMOCounted
MTZMASTEC INC4.18%2.26%2.26%
BWXTBWX TECHNOLOGIES INC2.97%2.21%2.21%
STRLSTERLING INFRASTRUCTURE INC6.00%2.16%2.16%
KTOSKRATOS DEFENSE & SECURITY SOLUTIONS INC2.43%1.86%1.86%
RBCRBC BEARINGS INC1.85%1.77%1.77%
DYDYCOM INDUSTRIES INC3.76%1.60%1.60%
MLIMUELLER INDUSTRIES INC1.37%2.12%1.37%
SPXCSPX TECHNOLOGIES INC1.68%0.80%0.80%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in AIRR

AGXARGAN INC4.73%
FIXCOMFORT SYSTEMS USA INC4.42%
CH ROBINSON WORLDWIDE INC4.08%
OCOWENS CORNING3.89%
EMEEMCOR GROUP INC3.75%
SAIASAIA INC3.53%
POWLPOWELL INDUSTRIES INC2.48%
CLHCLEAN HARBORS INC2.44%
HIIHUNTINGTON INGALLS INDUSTRIES INC2.44%
FNBF.N.B. CORP (PENNSYLVANIA)2.43%

Only in XMMO

CWCurtiss-Wright Corp.3.91%
FTITechnipFMC PLC3.60%
FNFabrinet2.86%
ATIATI Inc.2.63%
TTMITTM Technologies, Inc.2.61%
RGLDRoyal Gold, Inc.2.60%
WWDWoodward, Inc.2.58%
FLEX LTD.2.56%
NVENT ELECTRIC PLC2.32%
NXTNextpower Inc.2.21%

Questions people ask

Is AIRR the same as XMMO?

14.0% of their weight sits in the same 8 holdings. AIRR also reports AGX, FIX, CH ROBINSON WORLDWIDE INC, which the other does not. XMMO also reports CW, FTI, FN, which the other does not.

How is the overlap between AIRR and XMMO measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of AIRR and 100% of XMMO, so the number cannot exceed the smaller coverage.

Which holds more, XMMO or AIRR?

AIRR reports 51 stock positions and XMMO reports 76. 75.7% of AIRR's weight sits in names XMMO does not hold, and 84.8% of XMMO's weight in names AIRR does not hold. The ten largest positions are 41.3% of AIRR and 27.9% of XMMO.

How do AIRR and XMMO differ by sector?

The widest gap is Industrials: AIRR has 40.8 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.