Data as of .
NRSH vs SUPP: which is really different?
NRSH and SUPP hold 9% of their weight in the same names, and NRSH returned more over the year.
ETFIQ Off-Index Score: NRSH 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
9% 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 SUPP hold 9% of their money in the same securities at the same weight.
| Holding | NRSH | SUPP |
|---|---|---|
| Broadcom Inc | 3.53% | 7.10% |
| Lam Research Corp | 3.31% | 5.17% |
| API Group Corp | 3.12% | 1.71% |
| Only in NRSH | Only in SUPP |
|---|---|
| Sanmina Corp 4.74% | NVIDIA CORP 7.78% |
| Ciena Corp 4.26% | TAIWAN SEMICONDUCTOR-SP ADR 7.62% |
| Celestica Inc 4.23% | EATON CORP PLC 6.55% |
| MYR Group Inc 4.22% | FORGENT POWER SOLUTIONS INC 5.77% |
| Microchip Technology Inc 4.09% | MARTIN MARIETTA MATERIALS 5.28% |
| TFI International Inc 3.82% | TRANSDIGM GROUP INC 5.01% |
| MasTec Inc 3.70% | CARPENTER TECHNOLOGY 5.00% |
| Ryerson Holding Corp 3.60% | ASML HOLDING NV-NY REG SHS 4.15% |
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.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| NRSH | SUPP | NRSH | SUPP | NRSH | SUPP | |
| 3 months | −10.5% | −11.9% | −12.7 pts | −14.2 pts | −8.0 pts | −9.4 pts |
| 6 months | +25.8% | +11.0% | +7.8 pts | −7.0 pts | +1.5 pts | −13.3 pts |
| 1 year | +29.8% | +10.4% | +13.2 pts | −6.1 pts | +8.0 pts | −11.3 pts |
| 3 years | not published | +55.1% | not published | −23.3 pts | not published | −43.0 pts |
| Since launch | +50.3% | +53.9% | −22.7 pts | −39.0 pts | −38.2 pts | −84.3 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 | SUPP TCW Transform Supply Chain ETF Holds 28 stocks in reshoring and manufacturing, 55% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Aztlan | TCW |
| Theme | Reshoring and manufacturing | Reshoring and manufacturing |
| In the S&P 500 | 39.1% | 54.8% |
| Active share vs the S&P 500 | 92.6% | 83.6% |
| In the Nasdaq-100 | 20.3% | 31.4% |
| Holdings | 30 | 28 |
| Top ten, share of the fund | 39.8% | 59.4% |
| Expense ratio | 0.76% | 0.75% |
| Fee for the differing part | 0.82% | 0.90% |
| Total return, 1 year | +29.8% | +10.4% |
| vs the S&P 500 | +13.2 pts | −6.1 pts |
| vs the Nasdaq-100 | +8.0 pts | −11.3 pts |
| Below its high | −12.3% | −12.8% |
| Net assets | $28m | $12m |
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.
SUPP in plain words
By weight, 55% of SUPP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 84%. The top ten holdings are 59% of the fund across 28 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +10.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 6.1 pts. It sits 12.8% below its all-time high of Jun 30, 2026.
Questions people ask
- Do NRSH and SUPP hold the same stocks?
- By their latest filings, 9% 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 SUPP?
- NRSH has 39% of its weight in S&P 500 names and SUPP has 55%, so NRSH differs more from the index.
- Which is cheaper, NRSH or SUPP?
- NRSH charges 0.76% a year and SUPP charges 0.75%, so SUPP 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 SUPP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/nrsh-vs-supp Free to use with attribution; the underlying files are at Open data.