ETF Education Report: AZTLAN NORTH AMERICA NEARSHORING STOCK SELECTION ETF (NRSH)

What this ETF is trying to do

The AZTLAN NORTH AMERICA NEARSHORING STOCK SELECTION ETF (ticker: NRSH) is an exchange-traded fund listed on the NYSE. While the specific investment strategy is not detailed in the data, the fund holds a variety of stocks. According to the most recent data, it holds 33 different companies.

What the numbers show

The current price of one share is $32.00. Looking at the past year, we can see how the share price has moved:

• Year-to-Date (YTD) Price Return: The share price has increased by approximately 38.69%.

• One-Year Price Return: The share price has increased by approximately 36.54%.

• One-Year Total Return: This figure, which includes the impact of distributions, is approximately 37.09%.

To put this in perspective, the estimated price from roughly one year ago was $23.44. If you had looked at the share price alone, it has grown significantly over the last 12 months.

Top Holdings

The following are some of the largest companies held by this ETF. Please note that this is a partial list:

• Palantir Technologies Inc (4.86%)

• Tenable Holdings Inc (4.59%)

• Crowdstrike Holdings Inc Class A (4.49%)

• NetApp Inc (4.27%)

• Intuit Inc (4.21%)

• Mullen Group Ltd (4.16%)

• Nvidia Corp (4.02%)

• Leidos Holdings Inc (3.87%)

• Micron Technology Inc (3.72%)

Income and distribution explanation

Some investors look for ETFs that pay out cash, known as distributions. This ETF has a distribution yield of approximately 0.30%. The trailing distributions were $0.01 per share. The data shows that these payments are "irregular," meaning they do not happen on a set schedule, and there was only one payout in the last 12 months.

NAV erosion explanation

"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly over time. It is important to distinguish between a falling share price and NAV erosion. In the case of NRSH, the erosion-risk score is 100, and the label states "No price erosion detected." There is no severe erosion-risk flag for this ETF.

Pros

• The ETF has shown strong positive price returns over the last year and year-to-date.

• The erosion-risk measurement is rated as "good."

Cons

• The distribution frequency is irregular, which may not suit investors looking for steady, predictable income.

• The distribution yield is relatively low at approximately 0.30%.

Beginner takeaway

NRSH has experienced significant share-price growth over the past year. While it does pay distributions, they are infrequent and the yield is low. Always remember that price returns (how much the share price moves) and total returns (which include distributions) are different measurements.