NRSH vs. UTES ETF Comparison

Comparison of Aztlan North America Nearshoring Stock Selection ETF (NRSH) to Reaves Utilities ETF (UTES)

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 ^*

* may have additional holdings in another (foreign) market

UTES

Reaves Utilities ETF

UTES Description

ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$62.64

Average Daily Volume

65,264

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NRSH	UTES
30 Days	-1.33%	-3.45%
60 Days	-0.49%	9.55%
90 Days	3.62%	17.07%
12 Months		47.28%

0 Overlapping Holdings

	Symbol	Grade	Weight in NRSH	Weight in UTES	Overlap

NRSH Overweight 18 Positions Relative to UTES

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%
ATSG	A	1.12%
GNK	D	0.9%
ULH	B	0.46%
PTSI	D	0.44%

NRSH Underweight 17 Positions Relative to UTES

Symbol	Grade	Weight
NEE	D	-15.76%
CEG	B	-12.63%
VST	B	-12.31%
CNP	C	-4.77%
SRE	C	-4.76%
PEG	B	-4.62%
PNW	D	-4.56%
ETR	A	-4.4%
ATO	B	-4.35%
DTE	C	-4.02%
NI	B	-3.71%
PNM	B	-3.61%
PCG	B	-3.53%
CMS	C	-2.84%
EIX	D	-2.65%
IDA	A	-2.19%
PPL	C	-1.01%