Summary
Aztlan North America Nearshoring Stock Selection ETF is an ETF - a fund traded on an exchange like a stock - run by Aztlan. Positions inside: 32. The ten largest make up 40% of the fund.
- Yearly costs
- 0.76%
- Fund size
- $32.0M
- Positions
- 32
- Dividend yield
- 0.33%
- Running since
- 2023
What speaks for it
Nothing stands out in its favour.
What to watch
- 51% of the fund is in one sector (Industrials).
- 87% of the fund is in one country (United States).
- Costs of 0.76% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2023.
- A small fund with $32.0M under management; small funds get closed more often.
- It trades little: only about $69.4K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -4.9%
- 3 months
- -8.0%
- This year
- +25%
- 1 year
- +19%
- Avg. market cap
- $68.8B
- P/E
- 28.9x
- Forward P/E
- 22.1x
- P/S
- 2.6x
- P/B
- 5.4x
- P/FCF
- 23.9x
- EV/EBITDA
- 15.9x
- Dividend yield
- 0.55%
- ROIC
- 14.6%
- ROE
- 28.9%
- Gross margin
- 42.5%
- Operating margin
- 18.4%
- Net margin
- 14.7%
- Payout ratio
- 15.8%
- Net debt/EBITDA
- 0.4x
- Beta
- 1.58
Weighted average of the 29 largest companies, which make up 97% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 TETenable Holdings, Inc. TENB 4.9%
- 2 QLQualys, Inc. QLYS 4.9%
- 3 MTMullen Group Ltd. MTL.TO 4.4%
- 4 CRCrowdStrike CRWD 4.1%
- 5 NTNetApp NTAP 3.8%
- 6 ZWZurn Water Solutions ZWS 3.7%
- 7 PIPromotora y Operadora de Infraestructura, S. A. B. de C. V. PINFRA.MX 3.7%
- 8 CCCrown Castle International Corp. CCI 3.7%
- 9 LELincoln Electric LECO 3.6%
- 10 EXExtreme Networks, Inc. EXTR 3.5%
Positions in the fund: 32. The ten largest make up 40% of it.
Composition as of Oct 23, 2026.
Where is it spread?
One sector dominatesBy sector
- Industrials 51%
- Technology 39%
- Basic materials 6.3%
- Real estate 3.6%
- Other 0.2%
By country
- United States 87%
- Canada 9.8%
- Mexico 3.6%
By company size
- Mega cap 10%
- Large cap 43%
- Mid cap 43%
- Small cap 4.6%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Industrials (51%). Largest country: United States (87%). Largest size group: Mid cap (43%).
What does it cost me?
Expensive- A year from $10,000
- $76.00
- Over 20 years
- $3,588
From every $10,000 invested the fund takes $76.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,588.
How has it done?
Growing over the long run- Over the last year
- +19%
- Deepest drop
- -25%
- Yearly volatility
- 28%
Growth over the last year: 19%. Deepest drop in these years: 25% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.33%
- Payments a year
- 1
- Last payment
- $0.10
Over the last 12 months it paid $0.10 per share, which is 0.33% of today's price. The last payment was $0.10 on Dec 24, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $69.4K
- Shares a day
- 2.4K
On an average day about $69.4K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 28.9
- Average Bulios Score
- 64 out of 100
Weight by Bulios Fair Price
- Undervalued 13%
- Fairly valued 2.6%
- Overvalued 84%
On average the companies inside trade for 28.9 times their yearly profit. By Fair Price, 84% of the rated weight comes out as overvalued.
Counted from its largest companies (29), which make up 97% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.