NSI vs. EWT ETF Comparison

Comparison of National Security Emerging Markets Index ETF (NSI) to iShares MSCI Taiwan Index Fund (EWT)

NSI

National Security Emerging Markets Index ETF

NSI Description

The fund invests at least 80% of its total assets in component securities of the index. The index consists of stocks listed on globally recognized stock exchanges that excludes companies benefiting end-users that, in the view of the sponsor of the fund, National Security Index, LLC (the "Sponsor") pose a threat to the national security interests of the United States.

Grade (RS Rating)

Last Trade

$27.56

Average Daily Volume

884

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EWT

iShares MSCI Taiwan Index Fund

EWT Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan Index (the "underlying index"). The fund will at all times invest at least 80% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The underlying index consists of stocks traded primarily on the Taiwan Stock Exchange. Components primarily include financial, information technology and materials companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.29

Average Daily Volume

3,295,639

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NSI	EWT
30 Days	-4.99%	2.24%
60 Days	2.75%	1.86%
90 Days	7.63%	8.97%
12 Months		31.74%

2 Overlapping Holdings

	Symbol	Grade	Weight in NSI	Weight in EWT	Overlap
	CHT	D	1.98%	1.29%	1.29%
	UMC	F	1.96%	1.49%	1.49%

NSI Overweight 86 Positions Relative to EWT

Symbol	Grade	Weight
TSM	B	12.07%
PDD	C	4.55%
HDB	B	3.48%
IBN	A	2.1%
ASX	C	2.09%
MELI	A	1.76%
PKX	F	1.47%
NTES	F	1.33%
KB	B	1.26%
SHG	D	1.22%
INFY	D	1.18%
PBR	F	1.14%
KT	A	1.11%
WF	D	1.11%
VALE	F	1.03%
NU	C	0.98%
TCOM	A	0.98%
RDY	D	0.88%
FMX	F	0.87%
LPL	F	0.85%
ZTO	C	0.76%
SKM	D	0.75%
KEP	A	0.72%
ABEV	F	0.7%
LI	C	0.7%
SSL	F	0.68%
PHI	F	0.67%
BEKE	A	0.65%
ITUB	F	0.65%
BGNE	C	0.59%
CPNG	B	0.57%
TKC	F	0.55%
HTHT	B	0.54%
VIPS	F	0.53%
YMM	B	0.51%
KOF	F	0.51%
SQM	D	0.5%
QFIN	B	0.47%
PAC	D	0.44%
ASR	F	0.43%
GFI	B	0.42%
TLK	F	0.4%
BCH	D	0.4%
ENIC	C	0.39%
XPEV	B	0.39%
WIT	B	0.39%
BILI	A	0.36%
XP	F	0.36%
NIO	D	0.36%
CIB	D	0.33%
BBD	F	0.33%
OMAB	F	0.33%
HCM	C	0.32%
TAL	B	0.32%
YUMC	A	0.31%
CX	F	0.28%
BZ	C	0.26%
IQ	C	0.25%
HMY	B	0.25%
SBSW	B	0.24%
BSAC	D	0.24%
BAP	B	0.23%
VIST	B	0.22%
ATHM	D	0.22%
GGB	F	0.21%
TGLS	B	0.21%
FN	B	0.21%
STNE	F	0.17%
EBR	F	0.17%
EC	F	0.17%
SUZ	C	0.17%
ASAI	F	0.17%
MMYT	A	0.15%
ERJ	C	0.15%
VIV	F	0.14%
BVN	D	0.14%
PAGS	F	0.14%
CIG	D	0.11%
BAK	F	0.1%
UGP	F	0.1%
BSBR	F	0.1%
SBS	F	0.1%
CSAN	F	0.1%
ELP	F	0.1%
BRFS	C	0.1%
CRDO	A	0.1%

NSI Underweight 0 Positions Relative to EWT

	Symbol	Grade	Weight

NSI: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Telecom Services Banks - Regional - Asia Internet Content & Information Airports & Air Services Auto Manufacturers Gold Oil & Gas Integrated Semiconductors Specialty Retail Utilities - Regulated Electric Beverages - Brewers Building Materials Chemicals Consumer Electronics Industrial Metals & Minerals Information Technology Services Leisure Oil & Gas Refining & Marketing Software - Application