NRSH vs. KTEC ETF Comparison

Comparison of Aztlan North America Nearshoring Stock Selection ETF (NRSH) to KraneShares Hang Seng TECH Index ETF (KTEC)

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

$20.75

Average Daily Volume

595

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KTEC

KraneShares Hang Seng TECH Index ETF

KTEC Description

KTEC is passively managed to provide exposure to the 30 largest Chinese technology companies listed in Hong Kong. The fund selects companies headquartered and operating primarily in Greater China (Hong Kong, Macau, and Mainland China). Companies should be in the industrials, consumer discretionary, health care, financials, or information technology sectors. These companies should also display strong research and development investment and high revenue growth under the following themes: internet, fintech, cloud computing, e-commerce, and digital technology. KTEC primarily invests in H-shares, but also includes the other major share classes like A, B, and N-shares, red chips, P and S-chips. The index is market-cap-weighted with an 8% cap limit per individual security. Holdings are rebalanced quarterly and reconstituted at least semi-annually.

Grade (RS Rating)

Last Trade

$11.43

Average Daily Volume

11,713

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NRSH	KTEC
30 Days	1.21%	-1.99%
60 Days	0.08%	-9.68%
90 Days	-2.81%	5.85%
12 Months		-6.44%

0 Overlapping Holdings

	Symbol	Grade	Weight in NRSH	Weight in KTEC	Overlap

NRSH Overweight 9 Positions Relative to KTEC

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

NRSH Underweight 8 Positions Relative to KTEC

Symbol	Grade	Weight
BABA	D	-8.1%
LI	F	-5.75%
TCOM	C	-3.91%
BIDU	D	-3.68%
XPEV	D	-2.77%
BILI	C	-2.38%
NIO	F	-0.28%
WB	D	-0.02%