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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Industrial Services
Technology Services
Stocks99.73%
Electronic Technology40.92%
Industrial Services29.52%
Technology Services10.35%
Producer Manufacturing9.68%
Non-Energy Minerals3.30%
Finance3.04%
Commercial Services2.91%
Bonds, Cash & Other0.27%
Mutual fund0.29%
Cash−0.02%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NRSH invests in stocks. The fund's major sectors are Electronic Technology, with 40.93% stocks, and Industrial Services, with 29.53% of the basket. The assets are mostly located in the North America region.
NRSH top holdings are ADTRAN Holdings, Inc. and Micron Technology, Inc., occupying 3.84% and 3.66% of the portfolio correspondingly.
NRSH last dividends amounted to 3.73 MXN. The year before, the issuer paid 0.62 MXN in dividends, which shows a 83.25% increase.
NRSH assets under management is 322.45 M MXN. It's risen 73.78% over the last month.
NRSH fund flows account for 135.42 M MXN (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.
Yes, NRSH pays dividends to its holders with the dividend yield of 0.85%. The last dividend (Dec 27, 2024) amounted to 3.73 MXN. The dividends are paid annually.
NRSH shares are issued by Toroso Investments Topco LLC under the brand Aztlan. The ETF was launched on Nov 29, 2023, and its management style is Passive.
NRSH expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
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.
NRSH invests in stocks.
NRSH price has risen by 0.47% over the last month, and its yearly performance shows a −2.63% decrease. See more dynamics on NRSH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.69% increase in three-month performance and has decreased by −2.66% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.69% increase in three-month performance and has decreased by −2.66% in a year.
NRSH trades at a premium (3.24%) meaning the ETF is trading at a higher price than the calculated NAV.