NSI: NATIONAL SECURITY EMERGING MARKETS INDEX ETF
What this ETF is trying to do
The National Security Emerging Markets Index ETF (ticker: NSI) is an exchange-traded fund traded on the NASDAQ. While the specific goal isn't detailed, its name suggests it focuses on emerging markets related to national security.
What the numbers show
As of October 6, 2026, the current price of NSI is $38.96. Based on data from roughly one year ago, the estimated price was $32.87.
When looking at how this ETF has performed, it is important to look at two different numbers: price return and total return.
• Price return only tracks how much the share price itself changed.
• Total return includes both the price change and any cash payments (distributions) made to investors.
Over the last year, NSI had a one-year price return of approximately 18.52%. However, its one-year total return was higher, at approximately 20.20%. This shows that the total return includes the extra value from distributions.
For the current year (Year-to-Date), the YTD price return is about 16.53%, while the YTD total return is about 16.69%.
Income and distribution explanation
Some investors look for ETFs that pay out cash. This is called a distribution yield. For NSI, the distribution yield is approximately 1.18%. The trailing distributions were $0.46 per share.
It is important to remember that a high yield does not mean you are guaranteed to earn that much in total return. Also, NSI's distributions are described as "irregular" or "less frequent." In the last 12 months, there were only 3 payouts.
NAV erosion explanation
NAV erosion happens when the value of the underlying assets in an ETF drops significantly over time. Some investors worry about this because it can shrink the principal (the original money put in).
For NSI, the erosion-risk score is 100, and the data shows "no price erosion detected." The severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• Positive Returns: Both the share price and the total return have shown growth over the last year and year-to-date.
• Low Erosion Risk: The fund shows no signs of detected price erosion.
Cons
• Irregular Income: Distributions are not made on a regular schedule, which might be difficult for investors who rely on steady cash.
• Lower Yield: The distribution yield is relatively low at 1.18%.
Top Holdings
The following are some of the largest companies held by this ETF (as of October 7, 2026). Please note that holdings can change over time:
• TSM: 14.21%
• Samsung Electronics Co Ltd DR: 8.19%
• ASE Technology Holding Co Ltd ADR: 4.47%
• China Construction Bank Corp ADR: 3.46%
• Cash & Cash Equivalents: 3.28%
• Hon Hai Precision Industry Co Ltd DR: 3.02%
• United Microelectronics Corp ADR: 2.85%
• PDD Holdings Inc ADR: 2.55%
• PNGAY: 2.36%
• NetEase Inc ADR: 2.25%
Beginner takeaway
When studying NSI, remember that the share price and the total return are different. The total return is often higher because it counts the cash distributions you receive. Also, while this ETF provides some income, the payments are not frequent.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | TSM | 14.21% |
| 2 | SAMSUNG ELECTRONICS CO LTD DR | SSNHZ | 8.19% |
| 3 | ASE TECHNOLOGY HOLDING CO LTD ADR | ASX | 4.47% |
| 4 | CHINA CONSTRUCTION BANK CORP ADR | CICHY | 3.46% |
| 5 | CASH & CASH EQUIVALENTS | n/a | 3.28% |
| 6 | HON HAI PRECISION INDUSTRY CO LTD DR | HNHPF | 3.02% |
| 7 | UNITED MICROELECTRONICS CORP ADR | UMC | 2.85% |
| 8 | PDD HOLDINGS INC ADR | PDD | 2.55% |
| 9 | n/a | PNGAY | 2.36% |
| 10 | NETEASE INC ADR | NTES | 2.25% |