NRSH

Aztlan North America Nearshoring Stock Selection ETF

$23.31
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Aztlan North America Nearshoring Stock Selection ETF (NRSH) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Aztlan North America Nearshoring Index.

Overview

ETF tracking Aztlan North America Nearshoring Stock Selection ETF

Category Other
Issuer Other
Inception Date 2023-11-30
Market Cap $25.6M
Average Volume N/A
Dividend Yield 0.79%
52-Week Range $18.00 - $24.89
VWAP $23.19

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Aztlan North America Nearshoring Stock Selection ETF (NRSH) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Aztlan North America Nearshoring Index.

🎯 Investment Strategy

The ETF invests in a portfolio of stocks of companies that are involved in nearshoring activities, which refers to the practice of outsourcing business processes to nearby countries rather than distant ones. The fund seeks to track the performance of the underlying index by holding the same securities in similar proportions.

✨ Key Features

  • Focuses on companies engaged in nearshoring activities in North America
  • Seeks to track the performance of the Aztlan North America Nearshoring Index
  • Relatively new fund with limited performance history
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific industry and geographic region
  • Lack of performance history makes it difficult to evaluate the fund's long-term potential
  • Potential volatility due to the fund's narrow investment focus
  • Liquidity risk as the fund may have low trading volume

👤 Best For

This ETF may be suitable for investors seeking exposure to the nearshoring industry in North America as part of a diversified portfolio. However, due to the fund's limited history and narrow focus, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.