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ETFs

Tema American Reshoring ETF

RSHO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 11 2023
Expense Ratio
0.75%
Type
US Equities
Fund Owner
Tema
Volume (1m avg. daily)
$30,597
AUM
$9,912,168
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

ETN
Eaton Corporation plc
5.64%
AIT
Applied Industrial Technologies Inc.
5.40%
CRH
CRH Plc
4.88%
VMC
Vulcan Materials Co
4.66%
LIN
Linde Plc.
4.61%
ROK
Rockwell Automation Inc
4.50%
FLR
Fluor Corporation
3.68%
CAT
Caterpillar Inc.
3.37%
CLH
Clean Harbors, Inc.
3.28%
TEX
Terex Corp.
3.24%
Invest with RSHO

What is RSHO?

The actively managed Tema American Reshoring ETF seeks to provide long-term growth by investing in companies that stand to benefit from manufacturing moving back to US shores. This long-term process is already leading to the upgrading and securing of supply chains, and reindustrialization, reinvigorating the domestic economy. The fund predominantly invests in companies that span sectors such as industrials, transport, infrastructure, materials, and semiconductors.

ETFs related toRSHO

ETFs correlated to RSHO include PAVE, FXR, VIS

RSHO
Tema ETF Trust - Tema American Reshoring ETF
PAVE
Global X Funds - Global X U.S. Infrastructure Development ETF
FXR
First Trust Exchange-Traded Fund III - First Trust Industrials/Producer Durables AlphaDEX Fund
VIS
Vanguard Group, Inc. - Vanguard Industrials ETF
FIDU
Fidelity Covington Trust - Fidelity MSCI Industrials Index ETF
RSPN
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Industrials ETF
IYJ
BlackRock Institutional Trust Company N.A. - iShares U.S. Industrials ETF
XLI
SSgA Active Trust - Industrial Select Sector SPDR
OUSM
OSI ETF Trust - ALPS O'Shares U.S. Small-Cap Quality Dividend ETF
IVOG
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 Growth ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toRSHO

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with RSHO using Composer

FAQ

RSHO is a US Equities ETF. The actively managed Tema American Reshoring ETF seeks to provide long-term growth by investing in companies that stand to benefit from manufacturing moving back to US shores. This long-term process is already leading to the upgrading and securing of supply chains, and reindustrialization, reinvigorating the domestic economy. The fund predominantly invests in companies that span sectors such as industrials, transport, infrastructure, materials, and semiconductors.

Yes, RSHO is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, RSHO is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RSHO is -0.0222%. This is the percent change in the value of RSHO over the most recent 1-month period. The 3-month return on RSHO is -0.0039%. This is the percent change in the value of RSHO over the most recent 3-month period.

ETFs similar to RSHO include XLY, XLV, and XLE.

ETFs correlated to RSHO include PAVE, FXR, and VIS.

ETFs that are inversely correlated to RSHO include TWM, RWM, and TZA.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.