Do KMCA and NRSH hold the same stocks?

By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, KMCA or NRSH?

KMCA has 0% of its weight in S&P 500 names and NRSH has 55%, so KMCA differs more from the index.

Which is cheaper, KMCA or NRSH?

KMCA charges 0.65% a year and NRSH charges 0.76%, so KMCA is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

KMCA vs NRSH: Holdings Overlap & Returns

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KMCA and NRSH hold 0% of their weight in the same names.

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Net assets: $7.3m on Aug 31, 2026 for PLUS Korea Manufacturing Core Alliance Index ETF, and $30m on Jul 31, 2026 for Aztlan North America Nearshoring Stock Selection ETF.

KMCA on its own →NRSH on its own →

At a glance

0.0%

KMCA in the S&P 500

55.4%

NRSH in the S&P 500

−28.3%

KMCA total return, since launch, May 7, 2026

+19.1%

NRSH total return, 1 year

KMCA · 3 months to Nov 4, 2026 100% of its weight is outside the S&P 500

0% of KMCA's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Aug 31, 2026.

NRSH · 1 year to Nov 4, 2026 45% of its weight is outside the S&P 500

55% of NRSH's weight is in S&P 500 companies and 45% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

KMCA costs 0.11 points a year less.

Points (pts) are percentage points.

KMCA vs NRSH: Holdings Overlap & Returns
Measure	KMCA	NRSH
Return
Measure	KMCA	NRSH
Total return, 1 year	not published	+19.1%
Drawdown
Measure	KMCA	NRSH
Below its all-time high	34.7%, high on Jun 1, 2026	17.1%, high on Jun 30, 2026
Against its benchmark
Measure	KMCA	NRSH
What it tracks	Reshoring and manufacturing	Reshoring and manufacturing
Against the S&P 500, 1 year		ahead by 4.3 pts
Its benchmark, total return, 1 year		+14.8%
Against its benchmark, 1 year		ahead by 4.3 pts
Cost and size
Measure	KMCA	NRSH
Expense ratio	0.65%	0.76%
Net assets, KMCA as of Aug 31, 2026 and NRSH as of Jul 31, 2026	$7.3m	$30m
Holdings
Measure	KMCA	NRSH
Holdings in common	0%

Method

Risk and return

May 15, 2026 to Oct 30, 2026 · 24 weekly returns

KMCA NRSH

Return

Total return edge NRSH −23.7% −5.7%

Price return edge NRSH −23.7% −5.7%

Risk

Max drawdown edge NRSH −34.7% −14.2%

Reading

From May 2026 to Oct 2026, NRSH returned more: −5.7% to −23.7%. NRSH fell less at its worst: −14.2% to −34.7%.

Full scorecard

3 measures, with how each is measured Open ↓

Risk and return: KMCA vs NRSH: Holdings Overlap & Returns
Measure	KMCA	NRSH	Edge	How it is measured
Return
Total return	−23.7%	−5.7%	NRSH	Price change plus distributions, reinvested.
Price return	−23.7%	−5.7%	NRSH	Price change alone, distributions left out.
Risk
Max drawdown	−34.7%	−14.2%	NRSH	Deepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 24 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, KMCA and NRSH hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first KMCA NRSH

Only in one fund ↓

Only in KMCA

SAMSUNG ELECTRONICS CO LTD 6.42%

ISUPETASYS COMPANY LTD 5.70%

SAMSUNG SDI COMPANY LTD 5.36%

HANWHA AEROSPACE CO LTD 5.01%

SK HYNIX INC 4.69%

SAMSUNG ELECTRO MECHANICS 4.41%

DOOSAN ENERBILITY CO LTD 4.31%

LG ENERGY SOLUTION LTD 3.78%

Only in NRSH

Tenable Holdings Inc 4.42%

Mullen Group Ltd 4.33%

Intuit Inc 4.14%

Crowdstrike Holdings Inc 4.06%

NetApp Inc 4.01%

GRUPO AEROPORTUARIO DEL CENTRO SAB DE CV 3.80%

Rockwell Automation Inc 3.79%

Broadcom Inc 3.70%

Check overlap with more funds →

Window by window

Window by window: KMCA vs NRSH: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	KMCA	NRSH	KMCA	NRSH
3 months	−12.6%	−11.5%	not measured	−11.4 pts vs VOO
6 months	–	−11.6%	–	−16.6 pts vs VOO
1 year	–	+19.1%	–	+4.3 pts vs VOO
Since launchNot the same days: KMCA May 2026 · NRSH Nov 2023	−28.3%	+42.0%	not measured	−32.6 pts vs VOO

– means no data for this window. Open this comparison in the app →

Side by side

KMCA PLUS Korea Manufacturing Core Alliance Index ETF · Holds 35 stocks in reshoring and manufacturing, 0% of its weight in S&P 500 companies NRSH Aztlan North America Nearshoring Stock Selection ETF · Holds 31 stocks in reshoring and manufacturing, 55% of its weight in S&P 500 companies

Issuer PLUS Aztlan

Theme Reshoring and manufacturing Reshoring and manufacturing

In the S&P 500 0.0% 55.4%

Active share vs the S&P 500 100.0% 88.6%

In the Nasdaq-100 0.0% 28.3%

Holdings 35 31

Top ten, share of the fund 46.3% 39.4%

Expense ratio 0.65% 0.76%

Fee for the differing part 0.65% 0.86%

Total return, 1 year −28.3% (since launch, May 7, 2026) +19.1%

vs its benchmark not measured +4.3 pts vs VOO

Below its high −34.7% −17.1%

Net assets, KMCA as of Aug 31, 2026 and NRSH as of Jul 31, 2026 $7.3m $30m

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for KMCA.

Alert

About each fund

KMCA

By weight, 0% of KMCA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 46% of the fund across 35 positions, as filed for Aug 31, 2026. Since it first traded on May 7, 2026 the fund returned −28.3% with distributions reinvested. It sits 34.7% below its all-time high of Jun 1, 2026.

NRSH

By weight, 55% of NRSH's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 89%. The top ten holdings are 39% of the fund across 31 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +19.1% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Total Return Index, so a holder was ahead by 4.3 pts. It sits 17.1% below its all-time high of Jun 30, 2026.

Questions people ask

Do KMCA and NRSH hold the same stocks?: By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, KMCA or NRSH?: KMCA has 0% of its weight in S&P 500 names and NRSH has 55%, so KMCA differs more from the index.
Which is cheaper, KMCA or NRSH?: KMCA charges 0.65% a year and NRSH charges 0.76%, so KMCA is cheaper. Fees come from each fund's prospectus.

Other comparisons

KMCA vs MADE KMCA vs PEXL KMCA vs SUPP KMCA vs WELD NRSH vs PIEL NRSH vs PEXL NRSH vs SUPP NRSH vs WELD

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →KMCA on its own →NRSH on its own →KMCA holdings →NRSH dividend history →NRSH holdings →Method →Standards and sources →

Sources and dates

KMCA filings on SEC EDGAR ↗

KMCA prospectus with the expense ratio (SEC) ↗

PLUS website ↗

NRSH filings on SEC EDGAR ↗

NRSH prospectus with the expense ratio (SEC) ↗

Aztlan website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, KMCA against NRSH, data as of Nov 4, 2026. https://etfiq.com/compare/themes/kmca-vs-nrsh

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.