NRSH vs. XSHQ ETF Comparison

Comparison of Aztlan North America Nearshoring Stock Selection ETF (NRSH) to PowerShares S&P SmallCap Quality Portfolio (XSHQ)

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

$20.73

Average Daily Volume

738

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSHQ

PowerShares S&P SmallCap Quality Portfolio

XSHQ Description

The PowerShares S&P SmallCap Quality Portfolio (the "Fund") is based on the S&P SmallCap 600 Quality Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 120 securities in the S&P SmallCap 600 Index that have the highest quality score, which is calculated based on the average of three fundamental measures: return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.

Grade (RS Rating)

Last Trade

$39.76

Average Daily Volume

40,866

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	NRSH	XSHQ
30 Days	-3.22%	-1.80%
60 Days	-3.25%	-0.90%
90 Days	-3.00%	1.60%
12 Months		26.74%

1 Overlapping Holdings

	Symbol	Grade	Weight in NRSH	Weight in XSHQ	Overlap
	FWRD	F	6.73%	0.19%	0.19%

NRSH Overweight 7 Positions Relative to XSHQ

Symbol	Grade	Weight
CHRW	C	6.55%
LSTR	D	5.73%
GXO	F	5.29%
KEX	A	5.27%
UNP	C	5.2%
IIPR	A	5.19%
HUBG	C	4.94%

NRSH Underweight 113 Positions Relative to XSHQ

Symbol	Grade	Weight
MLI	B	-2.69%
SM	B	-2.4%
BMI	A	-2.24%
IBP	C	-2.2%
AMR	D	-2.1%
APAM	D	-2.08%
AAON	C	-2.03%
ABG	F	-1.94%
ASO	D	-1.75%
WIRE	A	-1.73%
HI	F	-1.69%
RDN	C	-1.67%
WDFC	D	-1.6%
LBRT	B	-1.59%
CEIX	F	-1.59%
SIG	C	-1.57%
HP	F	-1.55%
HCC	B	-1.51%
CRC	F	-1.4%
KTB	B	-1.34%
GMS	C	-1.34%
PTEN	F	-1.29%
SANM	B	-1.29%
OTTR	B	-1.28%
ACA	B	-1.27%
FBP	A	-1.26%
SHOO	D	-1.24%
NPO	D	-1.23%
JBT	F	-1.23%
PARR	F	-1.21%
FTDR	B	-1.18%
DIOD	C	-1.1%
SLVM	A	-1.1%
BRC	B	-1.08%
WOR	D	-1.07%
CRVL	C	-1.05%
MHO	D	-1.03%
IOSP	C	-1.02%
CALM	D	-1.02%
KLIC	D	-1.01%
IDCC	C	-1.0%
CCOI	F	-0.99%
NMIH	A	-0.99%
AMN	D	-0.99%
CARG	C	-0.96%
EXTR	F	-0.92%
AX	A	-0.9%
CATY	D	-0.88%
SXI	C	-0.85%
EVTC	F	-0.84%
TBBK	F	-0.8%
BLMN	F	-0.8%
PRGS	F	-0.76%
CPRX	D	-0.75%
PLMR	B	-0.73%
IPAR	F	-0.72%
PLAB	C	-0.72%
EPAC	A	-0.69%
ODP	C	-0.65%
DFIN	A	-0.63%
PRG	B	-0.62%
OFG	A	-0.6%
CVI	F	-0.6%
NATL	B	-0.59%
BKE	D	-0.58%
WABC	B	-0.58%
CHCO	B	-0.56%
LKFN	D	-0.55%
FIZZ	D	-0.55%
CASH	B	-0.55%
WNC	F	-0.54%
HWKN	A	-0.53%
APOG	A	-0.52%
VRTS	D	-0.52%
CAL	D	-0.51%
SLCA	A	-0.5%
LPG	B	-0.5%
BANF	B	-0.48%
LGND	D	-0.48%
CSGS	F	-0.48%
AMWD	D	-0.48%
LNN	C	-0.47%
POWL	B	-0.47%
SDGR	F	-0.46%
RGR	C	-0.44%
ATEN	A	-0.43%
CARS	D	-0.43%
JBSS	F	-0.42%
PFBC	A	-0.42%
PDFS	D	-0.39%
EIG	D	-0.39%
AMSF	F	-0.38%
GDEN	F	-0.38%
NX	D	-0.38%
MCRI	C	-0.36%
CRK	C	-0.33%
MRTN	D	-0.32%
MNRO	F	-0.3%
CLB	D	-0.29%
IIIN	D	-0.28%
SLP	B	-0.27%
MYE	A	-0.26%
MED	F	-0.25%
HCI	B	-0.24%
ZEUS	F	-0.24%
CLW	B	-0.23%
TWI	F	-0.23%
RES	F	-0.21%
CCRN	F	-0.19%
USNA	D	-0.18%
CPF	A	-0.17%
RGP	D	-0.13%
SPWR	F	-0.05%