{
 "ticker": "RSHO",
 "name": "Tema American Reshoring ETF",
 "issuer": "Tema",
 "desk": "themes",
 "url": "https://etfiq.com/funds/RSHO",
 "html": "https://etfiq.com/funds/RSHO",
 "markdown": "https://etfiq.com/funds/RSHO.md",
 "as_of": "2026-09-11",
 "verdict": "RSHO holds 24 stocks, and 68% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "31.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "RSHO, already in the S&P 500: 31.6%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "RSHO, active share vs the S&P 500: 97.9%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "62.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "RSHO, top ten holdings: 62.0%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+44.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "RSHO, total return, 1 year: +44.4%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$274m",
   "source": "SEC filing, whole fund, as filed for May 31, 2026",
   "as_of": "2026-09-11",
   "sentence": "RSHO, net assets: $274m (SEC filing, whole fund, as filed for May 31, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Jun 29, 2026",
   "as_of": "2026-09-11",
   "sentence": "RSHO, expense ratio: 0.75% (485BPOS XBRL, Jun 29, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Reshoring and manufacturing",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "May 11, 2023",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "31.6%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.9%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "6.5%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "98.3%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "62.0%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "24",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "May 31, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Timken Co/The 8.9%, Powell Industries Inc 7.9%, Cognex Corp 7.7%, Caterpillar Inc 6.6%, Eaton Corp PLC 5.7%, Gates Industrial Corp PLC 5.6%, ATI Inc 5.2%, Applied Industrial Technologie 5.1%, Linde PLC 4.9%, Terex Corp 4.4%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$274m",
   "source": "SEC filing, whole fund, as filed for May 31, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Jun 29, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.77%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "VOLT 23%, SUPP 18%, MADE 16%, PAVE 14%, MAKX 13%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+4.1%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+0.8 pts",
   "Gap to Nasdaq-100": "+4.9 pts"
  },
  {
   "window": "6 months",
   "Total return": "+26.7%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+10.7 pts",
   "Gap to Nasdaq-100": "+6.0 pts"
  },
  {
   "window": "1 year",
   "Total return": "+44.4%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+26.9 pts",
   "Gap to Nasdaq-100": "+21.4 pts"
  },
  {
   "window": "3 years",
   "Total return": "+118.9%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "+41.0 pts",
   "Gap to Nasdaq-100": "+23.8 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+150.0%",
   "S&P 500": "+93.2%",
   "Gap to S&P 500": "+56.8 pts",
   "Gap to Nasdaq-100": "+26.7 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of RSHO is in S&P 500 companies?",
   "a": "By its holdings filed for May 31, 2026, 32% of RSHO by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different."
  },
  {
   "q": "What does RSHO hold?",
   "a": "24 positions as filed for May 31, 2026, with the top ten at 62% of the fund. The largest are Timken Co/The at 8.9%, Powell Industries Inc at 7.9%, Cognex Corp at 7.7%."
  },
  {
   "q": "Has RSHO beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 RSHO returned +44.4% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 26.9 points."
  },
  {
   "q": "What does RSHO cost?",
   "a": "The prospectus expense ratio is 0.75% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.77%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}