Key stats
About Aztlan North America Nearshoring Stock Selection ETF
Home page
Inception date
Nov 29, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US8863642729
NRSH is a passively managed ETF that invests in stocks that are expected to benefit from a nearshoring business strategy that involves fully or partially transferring operations to a nearby country. Focusing on North America, the fund holds stocks from the US, Canada, and Mexico. The portfolio comprises of securities from sectors such as industrial, specialty and specialized REITs, real estate management and development, ground transportation, airfreight and logistics, transportation infrastructure, or marine transportation. The fund selects 30 companies by employing a proprietary scoring model that ranks stocks based on value, cash flow, growth, quality, and estimate surprise. Weighting is determined by liquidity, assigning fixed percentages to a stocks 30-day average daily value. The remaining stocks are weighted through their model scores divided by the sum of all scores, excluding the stocks with assigned fixed weights. The index is reconstituted annually and rebalanced quarterly.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Industrial Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NRSH trades at 23.47 USD today, its price has risen 0.91% in the past 24 hours. Track more dynamics on NRSH price chart.
NRSH net asset value is 23.45 today — it's fallen 3.47% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NRSH assets under management is 19.48 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NRSH price has fallen by −3.77% over the last month, and its yearly performance shows a 0.22% increase. See more dynamics on NRSH price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −3.47% over the last month, have fallen by −3.47% over the last month, showed a 7.40% increase in three-month performance and has increased by 0.40% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −3.47% over the last month, have fallen by −3.47% over the last month, showed a 7.40% increase in three-month performance and has increased by 0.40% in a year.
NRSH fund flows account for 8.29 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NRSH invests in stocks. See more details in our Analysis section.
NRSH expense ratio is 0.76%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, NRSH isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, NRSH technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NRSH shows the buy signal. See more of NRSH technicals for a more comprehensive analysis.
Today, NRSH technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NRSH shows the buy signal. See more of NRSH technicals for a more comprehensive analysis.
Yes, NRSH pays dividends to its holders with the dividend yield of 0.80%.
NRSH trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NRSH shares are issued by Toroso Investments Topco LLC
NRSH follows the Aztlan North America Nearshoring Index - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 29, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.