Data as of .
NRSH vs SUPL: which is really different?
NRSH and SUPL hold 8% of their weight in the same names, and NRSH returned more over the year.
ETFIQ Off-Index Score: SUPL scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
8% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, NRSH and SUPL hold 8% of their money in the same securities at the same weight.
| Holding | NRSH | SUPL |
|---|---|---|
| JB Hunt Transport Services Inc | 3.42% | 2.94% |
| CH Robinson Worldwide Inc | 2.92% | 3.05% |
| TFI International Inc | 3.82% | 1.64% |
| Only in NRSH | Only in SUPL |
|---|---|
| Sanmina Corp 4.74% | DHL AG 5.05% |
| Ciena Corp 4.26% | UNION PACIFIC CORP 4.86% |
| Celestica Inc 4.23% | CSX CORP 4.74% |
| MYR Group Inc 4.22% | NORFOLK SOUTHERN CORP 4.74% |
| Microchip Technology Inc 4.09% | CANADIAN NATL RAILWAY CO 4.67% |
| MasTec Inc 3.70% | CANADIAN PACIFIC KANSAS CITY 4.59% |
| Ryerson Holding Corp 3.60% | AMADEUS IT GROUP SA 4.58% |
| Analog Devices Inc 3.58% | FEDEX CORP 4.34% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| NRSH | SUPL | NRSH | SUPL | NRSH | SUPL | |
| 3 months | −10.5% | +0.1% | −12.7 pts | −2.1 pts | −8.0 pts | +2.6 pts |
| 6 months | +25.8% | +9.6% | +7.8 pts | −8.4 pts | +1.5 pts | −14.6 pts |
| 1 year | +29.8% | +22.3% | +13.2 pts | +5.7 pts | +8.0 pts | +0.5 pts |
| 3 years | not published | +31.4% | not published | −47.0 pts | not published | −66.7 pts |
| Since launch | +50.3% | +30.9% | −22.7 pts | −49.4 pts | −38.2 pts | −78.2 pts |
| NRSH Aztlan North America Nearshoring Stock Selection ETF Holds 30 stocks in reshoring and manufacturing, 39% of its weight in S&P 500 companies | SUPL ProShares Supply Chain Logistics ETF Holds 40 stocks in reshoring and manufacturing, 29% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Aztlan | ProShares |
| Theme | Reshoring and manufacturing | Reshoring and manufacturing |
| In the S&P 500 | 39.1% | 28.6% |
| Active share vs the S&P 500 | 92.6% | 99.2% |
| In the Nasdaq-100 | 20.3% | 8.1% |
| Holdings | 30 | 40 |
| Top ten, share of the fund | 39.8% | 46.1% |
| Expense ratio | 0.76% | 0.58% |
| Fee for the differing part | 0.82% | 0.58% |
| Total return, 1 year | +29.8% | +22.3% |
| vs the S&P 500 | +13.2 pts | +5.7 pts |
| vs the Nasdaq-100 | +8.0 pts | +0.5 pts |
| Below its high | −12.3% | −6.8% |
| Net assets | $28m | $2m |
NRSH in plain words
By weight, 39% of NRSH's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 40% of the fund across 30 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +29.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 13.2 pts. It sits 12.3% below its all-time high of Jun 30, 2026.
SUPL in plain words
By weight, 29% of SUPL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 46% of the fund across 40 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +22.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 5.7 pts. It sits 6.8% below its all-time high of Jul 17, 2026.
Questions people ask
- Do NRSH and SUPL hold the same stocks?
- By their latest filings, 8% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, NRSH or SUPL?
- NRSH has 39% of its weight in S&P 500 names and SUPL has 29%, so SUPL differs more from the index.
- Which is cheaper, NRSH or SUPL?
- NRSH charges 0.76% a year and SUPL charges 0.58%, so SUPL is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, NRSH against SUPL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/nrsh-vs-supl Free to use with attribution; the underlying files are at Open data.