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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 Recent Performance
The ETF has shown solid gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Winning Top Holdings
Most of the largest positions, such as Micron, Lam Research, and Astronics, have delivered strong year-to-date performance, helping drive the fund’s returns.
Focused Nearshoring Theme
The fund targets companies tied to the North American nearshoring trend, giving investors concentrated exposure to a specific growth theme.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee, which can eat into long-term returns compared with lower-cost funds.
Heavy Sector Concentration
With most assets in technology and industrials, the fund is vulnerable if these sectors face a downturn.
Limited Geographic Diversification
The portfolio is almost entirely invested in U.S. companies, offering little protection if the U.S. market struggles.
NRSH vs. SPDR S&P 500 ETF (SPY)
AUM21.58M
RegionNorth America
Expense Ratio0.76%
Beta0.82
IssuerAztlan
Inception DateNov 29, 2023
Dividend Yield0.38%
Asset ClassEquity
Index TrackedAztlan North America Nearshoring Index - Benchmark Price Return
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume215
30 Day Avg. Volume288
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
28.73Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NRSH Summary
NRSH is an ETF that follows the Aztlan North America Nearshoring Index, focusing on companies benefiting from factories and services moving closer to the U.S. It mainly holds U.S. technology and industrial firms that support manufacturing, supply chains, and infrastructure. Well-known holdings include Micron and Lam Research, which make key parts for chips and electronics. Investors might consider NRSH if they want growth potential from the nearshoring trend and diversification across many companies tied to North American production. A key risk is that it is heavily tilted toward tech and industrial stocks, so its price can swing a lot with those sectors.
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
NRSH is leaning hard into North American nearshoring, with a clear tilt toward tech and industrial names that benefit from supply chains moving closer to home. Micron and Lam Research are the fund’s high-powered tech engines, both rising on AI and chip demand. On the industrial side, Astronics and ATI are also climbing, helped by aerospace and defense strength. Mercury Systems is more of a question mark, with mixed signals as it works through profitability issues. Overall, performance is being driven by a concentrated group of U.S.-focused tech and industrial winners.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Micron | 5.13% | $1.10M | $449.96B | 303.36% | 79 Outperform | |
| Lam Research | 4.54% | $972.71K | $294.19B | 173.89% | 77 Outperform | |
| Astronics | 4.38% | $937.73K | $2.74B | 314.01% | 68 Neutral | |
| ATI | 4.17% | $892.53K | $19.94B | 141.89% | 78 Outperform | |
| Sterling Infrastructure | 4.13% | $885.78K | $12.94B | 224.04% | 71 Outperform | |
| Primoris Services | 3.98% | $852.17K | $8.77B | 125.96% | 75 Outperform | |
| Argan | 3.93% | $843.06K | $5.64B | 186.47% | 73 Outperform | |
| MYR Group | 3.83% | $820.42K | $4.20B | 93.16% | 76 Outperform | |
| Dycom | 3.78% | $809.80K | $12.23B | 129.58% | 80 Outperform | |
| ― | 3.74% | $801.26K | ― | ― | ― |
NRSH Technical Analysis
Positive
―
Price Trends
24.49
Positive
23.97
Positive
22.78
Positive
Market Momentum
0.20
Positive
54.50
Neutral
73.90
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NRSH, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 25.31, equal to the 50-day MA of 24.49, and equal to the 200-day MA of 22.78, indicating a bullish trend. The MACD of 0.20 indicates Positive momentum. The RSI at 54.50 is Neutral, neither overbought nor oversold. The STOCH value of 73.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NRSH.
NRSH Peer Comparison
Comparison Results
Performance Comparison
NRSH
Aztlan North America Nearshoring Stock Selection ETF
25.45
4.48
21.36%
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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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