AIRL vs. NRSH ETF Comparison

Comparison of Themes Airlines ETF (AIRL) to Aztlan North America Nearshoring Stock Selection ETF (NRSH)
AIRL

Themes Airlines ETF

AIRL Description

The index is a free float adjusted, market capitalization weighted index that is designed to provide exposure to companies that have business operations in the airlines industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

226

Number of Holdings *

13

* may have additional holdings in another (foreign) market
NRSH

Aztlan North America Nearshoring Stock Selection ETF

NRSH Description The initial universe for the index includes companies that, according to GICS classifications, belong to one of the following industries or sub-industries: (a) Industrial REITs, (b) Office REITs, (c) Real Estate Management & Development, (d) Specialized REITs, (e) Ground Transportation, (f) Air Freight & Logistics, (g) Transportation Infrastructure, or (h) Marine Transportation. The fund will invest all, or substantially all, of its assets in the component securities that make up the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$22.04

Average Daily Volume

1,328

Number of Holdings *

18

* may have additional holdings in another (foreign) market
Performance
Period AIRL NRSH
30 Days 8.65% -1.33%
60 Days 15.23% -0.49%
90 Days 24.49% 3.62%
12 Months
1 Overlapping Holdings
Symbol Grade Weight in AIRL Weight in NRSH Overlap
ATSG A 1.61% 1.12% 1.12%
AIRL Overweight 12 Positions Relative to NRSH
Symbol Grade Weight
UAL A 6.67%
ALK A 5.18%
AAL A 5.07%
DAL A 4.87%
SKYW A 4.71%
LUV A 4.62%
CPA B 4.3%
JBLU D 3.89%
ALGT B 1.82%
SNCY A 0.82%
ULCC B 0.68%
SAVE D 0.53%
AIRL Underweight 17 Positions Relative to NRSH
Symbol Grade Weight
CHRW C -7.68%
MATX A -6.56%
LSTR D -6.11%
GXO B -5.89%
UNP D -5.6%
CSX F -5.45%
FWRD C -5.19%
ARCB F -5.02%
WERN A -5.01%
SNDR A -4.99%
NSC B -4.85%
HUBG D -4.81%
CNI F -4.64%
KEX D -4.24%
GNK D -0.9%
ULH B -0.46%
PTSI D -0.44%
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