# NSI (National Security Emerging Markets Index ETF)

not established · Thematic ETFs · data as of Sep 11, 2026

NSI holds 104 stocks, and 100% of its weight is outside the S&P 500.

## Key facts

- NSI, already in the S&P 500: 0.0%, as of Sep 11, 2026.
- NSI, active share vs the S&P 500: 100.0%, as of Sep 11, 2026.
- NSI, top ten holdings: 49.0%, as of Sep 11, 2026.
- NSI, total return, 1 year: +23.6%, as of Sep 11, 2026.
- NSI, net assets: $42m (SEC filing, whole fund, as filed for May 31, 2026).
- NSI, expense ratio: 0.75% (485BPOS XBRL, Mar 25, 2026).

## NSI over each window to Sep 11, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | +0.6% | +3.3% | −2.7 pts | +1.4 pts |
| 6 months | +10.8% | +16.0% | −5.2 pts | −9.9 pts |
| 1 year | +23.6% | +17.5% | +6.1 pts | +0.6 pts |
| Since launch | +62.3% | +72.5% | −10.2 pts | −23.7 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Energy security and critical technology | ETFIQ, editorial |
| Launched | Dec 7, 2023 | ETFIQ |
| Already in the S&P 500, by weight | 0.0% | ETFIQ |
| Active share vs the S&P 500 | 100.0% | ETFIQ |
| Already in the Nasdaq-100, by weight | 4.2% | ETFIQ |
| Active share vs the Nasdaq-100 | 99.4% | ETFIQ |
| Top ten holdings weight | 49.0% | ETFIQ |
| Holdings | 104 | ETFIQ |
| Holdings as of | May 31, 2026 | SEC N-PORT |
| Top holdings | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 16.6%, SAMSUNG ELECTRONICS CO LTD 9.5%, HON HAI PRECISION INDUSTRY COMPANY LTD 3.8%, ASE TECHNOLOGY HOLDING CO LTD 3.8%, CHINA CONSTRUCTION BANK CORP 3.5%, PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD 2.6%, PDD HOLDINGS INC 2.5%, NASPERS LTD 2.3%, RELIANCE INDUSTRIES LTD 2.3%, NETEASE INC 2.1% | ETFIQ |
| Net assets | $42m | SEC filing, whole fund, as filed for May 31, 2026 |
| Below its all-time high | −3.3% | ETFIQ |
| Expense ratio | 0.75% | 485BPOS XBRL, Mar 25, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.75% | ETFIQ |
| Closest funds by holdings overlap | JHAI 16%, THMZ 12%, FRWD 12%, FDCF 12%, CARZ 11% | ETFIQ |

## Questions

### How much of NSI is in S&P 500 companies?

By its holdings filed for May 31, 2026, 0% of NSI by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different.

### What does NSI hold?

104 positions as filed for May 31, 2026, with the top ten at 49% of the fund. The largest are TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD at 16.6%, SAMSUNG ELECTRONICS CO LTD at 9.5%, HON HAI PRECISION INDUSTRY COMPANY LTD at 3.8%.

### Has NSI beaten the S&P 500?

Over the year to Sep 11, 2026 NSI returned +23.6% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 6.1 points.

### What does NSI cost?

The prospectus expense ratio is 0.75% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.75%.


## Cite this page

ETFIQ, NSI, data as of Sep 11, 2026. https://etfiq.com/funds/NSI
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/NSI  ·  JSON: https://etfiq.com/funds/NSI.json