CAMX vs. NRSH ETF Comparison

Comparison of The Advisors? Inner Circle Fund Cambiar Aggressive Value ETF (CAMX) to Aztlan North America Nearshoring Stock Selection ETF (NRSH)

CAMX

The Advisors? Inner Circle Fund Cambiar Aggressive Value ETF

CAMX Description

Under normal circumstances, the fund primarily invests in equity securities of companies located in the United States. The fund typically invests in a portfolio of 20-30 issuers that Cambiar Investors, the fund"s investment adviser, believes represent the best opportunities for long-term capital appreciation. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.03

Average Daily Volume

327

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NRSH

Aztlan North America Nearshoring Stock Selection ETF

NRSH Description

The initial universe for the index includes companies that, according to GICS classifications, belong to one of the following industries or sub-industries: (a) Industrial REITs, (b) Office REITs, (c) Real Estate Management & Development, (d) Specialized REITs, (e) Ground Transportation, (f) Air Freight & Logistics, (g) Transportation Infrastructure, or (h) Marine Transportation. The fund will invest all, or substantially all, of its assets in the component securities that make up the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.22

Average Daily Volume

1,397

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CAMX	NRSH
30 Days	0.68%	1.99%
60 Days	2.26%	1.87%
90 Days	2.94%	5.01%
12 Months	21.25%

1 Overlapping Holdings

	Symbol	Grade	Weight in CAMX	Weight in NRSH	Overlap
	UNP	D	3.28%	5.46%	3.28%

CAMX Overweight 23 Positions Relative to NRSH

Symbol	Grade	Weight
DAL	A	6.92%
CME	A	5.18%
AL	B	5.05%
BMY	B	4.65%
LH	B	4.59%
CMCSA	B	4.29%
MDT	D	4.19%
GOOGL	B	4.11%
TXN	C	4.0%
ET	A	3.9%
PPG	F	3.63%
DEO	F	3.25%
ELV	F	3.01%
ABNB	C	2.94%
UBER	F	2.86%
CNC	F	2.78%
CVX	A	2.53%
CTVA	C	2.32%
EL	F	2.23%
GS	B	2.01%
WAT	B	1.96%
AXP	B	1.57%
AMAT	F	1.25%

CAMX Underweight 16 Positions Relative to NRSH

Symbol	Grade	Weight
MATX	B	-7.64%
CHRW	B	-7.28%
LSTR	D	-6.06%
CSX	C	-5.6%
GXO	B	-5.51%
SNDR	A	-5.28%
ARCB	C	-5.24%
WERN	B	-5.14%
HUBG	A	-5.13%
NSC	B	-4.85%
FWRD	D	-4.59%
CNI	F	-4.41%
KEX	A	-4.19%
ATSG	A	-1.35%
GNK	C	-0.96%
ULH	B	-0.58%