NRSH vs. ILF ETF Comparison

Comparison of Aztlan North America Nearshoring Stock Selection ETF (NRSH) to iShares Latin America 40 ETF (ILF)

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

$20.54

Average Daily Volume

593

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ILF

iShares Latin America 40 ETF

ILF Description

The investment seeks to track the investment results of an index composed of 40 of the largest Latin American equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Latin America 40TM (the "underlying index"), which is comprised of selected equities trading on the exchanges of five Latin American countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.39

Average Daily Volume

1,100,258

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NRSH	ILF
30 Days	-0.98%	-1.05%
60 Days	-0.83%	-8.42%
90 Days	-4.67%	-7.80%
12 Months		1.29%

0 Overlapping Holdings

	Symbol	Grade	Weight in NRSH	Weight in ILF	Overlap

NRSH Overweight 9 Positions Relative to ILF

Symbol	Grade	Weight
CHRW	C	7.86%
KEX	B	7.26%
IIPR	B	5.72%
LSTR	D	5.72%
MATX	B	5.61%
GXO	F	5.24%
HUBG	C	5.22%
UNP	D	5.21%
SNDR	B	4.99%

NRSH Underweight 14 Positions Relative to ILF

Symbol	Grade	Weight
VALE	D	-9.66%
NU	B	-6.92%
ITUB	D	-6.66%
PBR	D	-6.25%
BBD	D	-2.73%
BAP	C	-2.52%
SCCO	C	-2.28%
ABEV	F	-2.1%
SQM	D	-1.38%
GGB	F	-1.07%
CIB	C	-0.86%
BSAC	C	-0.68%
VIV	D	-0.66%
EC	B	-0.64%