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NRSH - ETF AI Analysis
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Aztlan North America Nearshoring Stock Selection ETF (NRSH)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, reflecting strong overall momentum.
Sector Focus on Growth Areas
The fund is heavily weighted in Technology and Industrials, sectors with potential for long-term growth.
Healthy Diversification Across Holdings
The ETF includes a wide range of companies, reducing reliance on any single stock for performance.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee compared to many other funds, which can eat into investor returns over time.
Over-Concentration in U.S. Market
Nearly all of the fund’s exposure is in U.S. companies, limiting diversification across global markets.
Mixed Performance Among Top Holdings
Some of the largest positions have shown weaker year-to-date gains, potentially dragging down overall returns.
NRSH vs. SPDR S&P 500 ETF (SPY)
AUM20.18M
RegionNorth America
Expense Ratio0.76%
Beta0.82
IssuerAztlan
Inception DateNov 29, 2023
Dividend Yield0.4%
Asset ClassEquity
Index TrackedAztlan North America Nearshoring Index - Benchmark Price Return
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume166
30 Day Avg. Volume168
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
27.98Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NRSH Summary
The Aztlan North America Nearshoring Stock Selection ETF (NRSH) focuses on companies benefiting from nearshoring, which involves moving manufacturing and services closer to the U.S. It includes a mix of industries like technology, industrials, and real estate, with well-known companies such as Cisco Systems and GE Aerospace among its holdings. This ETF could be appealing for investors looking to tap into growth opportunities tied to shifting global supply chains and North American trade dynamics. However, new investors should be aware that its performance is heavily tied to the nearshoring trend, and changes in trade policies or economic conditions could impact its value.
How much will it cost me?The Aztlan North America Nearshoring Stock Selection ETF (NRSH) has an expense ratio of 0.75%, which means you’ll pay $7.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed, focusing on a specialized niche of companies benefiting from nearshoring trends in North America.
What would affect this ETF?The NRSH ETF could benefit from the growing trend of nearshoring in North America, as companies relocate manufacturing and services closer to the U.S., boosting demand for technology and industrial solutions. However, potential risks include economic slowdowns or unfavorable trade policies that could disrupt nearshoring efforts, as well as sector-specific challenges in technology and industrials, which make up the majority of the ETF's exposure.
NRSH Top 10 Holdings
The NRSH ETF is heavily tilted toward technology and industrials, which together make up the lion’s share of its portfolio. Ciena and Applied Digital are rising stars, with strong growth momentum driving the fund’s performance. However, names like CrowdStrike and SPX Technologies are lagging, with mixed technical signals and valuation concerns holding them back. The fund’s focus on North American nearshoring gives it a clear thematic edge, but its concentration in a few sectors means investors should keep an eye on broader market trends impacting tech and industrial stocks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Micron | 3.92% | $790.95K | $320.53B | 233.83% | 79 Outperform | |
| Lam Research | 3.64% | $734.86K | $223.66B | 146.80% | 77 Outperform | |
| Nvidia | 3.55% | $716.91K | $4.63T | 38.58% | 76 Outperform | |
| ATI | 3.53% | $712.09K | $15.89B | 113.14% | 78 Outperform | |
| Palantir Technologies | 3.49% | $703.67K | $449.78B | 144.51% | 74 Outperform | |
| CH Robinson | 3.46% | $698.56K | $19.45B | 59.09% | 72 Outperform | |
| Centrus Energy | 3.44% | $694.94K | $4.63B | 259.64% | 68 Neutral | |
| ― | 3.44% | $694.59K | ― | ― | ― | |
| MYR Group | 3.43% | $691.20K | $3.49B | 51.13% | 76 Outperform | |
| Argan | 3.38% | $682.45K | $4.51B | 134.05% | 73 Outperform |
NRSH Technical Analysis
Neutral
―
Price Trends
23.57
Negative
22.93
Positive
21.90
Positive
Market Momentum
0.04
Negative
50.47
Neutral
83.07
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NRSH, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 23.52, equal to the 50-day MA of 23.57, and equal to the 200-day MA of 21.90, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 50.47 is Neutral, neither overbought nor oversold. The STOCH value of 83.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NRSH.
NRSH Peer Comparison
Comparison Results
Performance Comparison
NRSH
Aztlan North America Nearshoring Stock Selection ETF
23.49
3.10
15.20%
KLMN
Invesco MSCI North America Climate ETF
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―
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CGCV
Capital Group Conservative Equity ETF
―
―
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FTWO
Strive FAANG 2.0 ETF
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―
―
CCFE
Concourse Capital Focused Equity ETF
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―
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IVRA
Invesco Real Assets ESG ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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