tema-logo-2026
Contact
Start investing now
Brokers
Robinhood
public
Fidelity
Extrade
Charles
Start investing now

Invest directly by choosing one of the brokers below

Brokers
Robinhood
Public
Fidelity
E-Trade
Charles Schwab
Start investing now

Invest directly by choosing one of the brokers below

Brokers
Robinhood
Public
Fidelity
E-Trade
Charles Schwab
Start investing now

Invest directly by choosing one of the brokers below

Brokers
Robinhood
Public
Fidelity
E-Trade
Charles Schwab
Start investing now

Invest directly by choosing one of the brokers below

Brokers
Robinhood
Public
Fidelity
E-Trade
Charles Schwab
Start investing now

Invest directly by choosing one of the brokers below

Brokers
Robinhood
Public
Fidelity
E-Trade
Charles Schwab
Start investing now

Invest directly by choosing one of the brokers below

Brokers
Robinhood
Public
Fidelity
E-Trade
Charles Schwab
Start investing now

Invest directly by choosing one of the brokers below

Brokers
Robinhood
Public
Fidelity
E-Trade
Charles Schwab
Your are leaving temaetfs.com

By clicking below you acknowledge that you are navigating away from temaetfs.com and will be connected to temafunds. Tema Global Limited manages both domains. Please take note of Tema's privacy policy, terms of use, and disclosures that may vary between sites.

Cancel
Proceed
Client Inquiries
info@temaetfs.com
Media Inquiries
pr@temaetfs.com

RSHO
American Reshoring ETF

Put US Manufacturing to Work in Your Portfolio.

How to Invest
Factsheet

Why Invest in RSHO?

Growth Potential

The US industrial automation market is forecast to grow more than 10% annually through 2030, underscoring just one of several pathways driving domestic manufacturing and reshoring

Source: Grand View Research, “U.S. Industrial Automation And Control Systems Market (2025 - 2030),” Mar 18, 2025.

Policy Tailwinds

Recent legislation—including the CHIPS Act, Inflation Reduction Act, and OBBB tax incentives—provides durable, multi-year support for increased US manufacturing and supply-chain investment

Investment Expertise

RSHO is actively managed by a seasoned Industrials investor with decades of experience covering the companies at the center of US manufacturing

Portfolio Highlights

rockwell-logo

Rockwell Automation (ROK) is the world's largest company dedicated to industrial automation and digital transformation in manufacturing.

caterpillar-logo

Caterpillar (CAT) is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial turbines.

crh-logo

CRH (CRH) is the largest building materials company in North America, supplying aggregates, cement, asphalt, and ready-mix concrete across thousands of sites.

Fund Overview

Fund Details

As of May 11, 2026
Ticker
RSHO
CUSIP
87975E602
Inception Date
05/10/23
Total Expense Ratio
0.75%
AUM
$278,881,936
Shares Outstanding
4,750,000
Number of Holdings
25
Primary Exchange
NYSE
Portfolio Manager
Chris Semenuk

Fund Summary

The Tema American Reshoring ETF (RSHO) invests in companies positioned to benefit from a potential resurgence in US manufacturing, industrial activity, and infrastructure development. The portfolio spans raw materials, heavy equipment, engineering, transportation, and construction—capturing the breadth of domestic manufacturing growth.

RSHO Overview
Summary Prospectus

Introducing RSHO

Portfolio Breakdown

Top 10 Holdings

As of May 11, 2026
Company
% of Nav
POWELL INDUSTRIES INC
8.65%
COGNEX CORP
7.64%
TIMKEN CO/THE
7.48%
CATERPILLAR INC
6.80%
EATON CORP PLC
5.83%
GATES INDUSTRIAL CORP PLC
5.43%
APPLIED INDUSTRIAL TECHNOLOGIES INC
5.04%
ATI INC
4.82%
LINDE PLC
4.80%
TEREX CORP
4.69%
Download Holdings

Country Breakdown

United States
74.36%
Ireland
11.85%
United Kingdom
5.43%
Switzerland
3.79%
Others
4.57%

Industry Breakdown

Industrials
78.37%
Information Technology
11.19%
Materials
8.44%
Cash & Cash Equivalents
1.01%
Energy
0.98%
  • Performance
  • Distributions
  • Premium / Discount

Prices & Performance

As of
Apr 30, 2026

RSHO

3 months

1 Year

3 Years

5 Years

Since inception

NAV
16.35% 12.33%
64.68% 46.76%
31.87% 27.10%
Market Price
16.49% 12.27%
65.39% 47.13%
31.94% 27.22%

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Returns for periods of less than one year are not annualized.


The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date because there is no bid/ask spread until the fund starts trading.

Distributions

Record Date

Ex-Date

Payable Date

Total Distribution

Income

Dec 14, 2023
Dec 13, 2023
Dec 15, 2023
$0.080308
$0.080308
Dec 11, 2024
Dec 11, 2024
Dec 12, 2024
$0.09828717
$0.02223717
Dec 10, 2025
Dec 10, 2025
Dec 11, 2025
$0.13125245
$0.13125245
0.24 0.21 0.07 0.02 0.11 0.04 0.2 0 -0.2 -0.09 -0.05 0.1 0.08 -0.01 0.05 0.11 0.13 0.03 0.01 0.15 -0.14

Premium/Discount

Сhart Table

RSHO NAV / Market Price

NAV$58.71
Daily Change$0.96
Market Price$58.85
Median Bid/Ask Spread (30 Day)0.19%
Market Price Change (1D)$0.98
Premium/Discount0.24%
As of, May 11, 2026

chris semenuk
Full profile

Portfolio Manager

Chris Semenuk

Chris Semenuk is an Investment Partner at Tema ETFs. Chris is a global fund manager with more than 25 years of experience, 20 of which was spent managing a $5 bln global equities fund at TIAA, a leading US based financial services company. Chris managed the fund since inception and raised several billion dollars in assets over that time period. Chris has a Bachelor's Degree in Economics from Union College in New York State.

Full profile

Using RSHO in a Portfolio

Investment Style Box

Frame 48095809

Source: Tema. The investment style Box reveal’s a fund’s investment strategy by showing its investment style and market capitalization based on the fund’s portfolio holdings.

Potential Portfolio

Equity Allocation

5-10%

of Equity Core

pie-chart
zebra

RSHO ETF

Ellipse 624

Satellite

Ellipse 625

Equity core

Where could a position be funded from?

  • From a mid cap position due to RSHO’s mid-cap growth style.
  • We believe the quality bias makes for a strong alternative or compliment to a broad index approach.
  • Mid-cap businesses typically under-represented in a portfolio, despite having a historically positive effect on risk-adjusted returns.

How to Invest

*Neither Tema ETFs LLC nor undefined ETF are affiliated with these financial services firms. Their listing should not be viewed as a recommendation or endorsement.

Related Research & Insights

Stay informed with our latest research, insights, and market analysis to make better investment decisions.

Reshoring's Broadening Recovery: Signals From Q1 2026 Earnings

Q1 2026 earnings reveal a broadening recovery in reshoring, driven by increasing demand across various sectors and strong company performances.

Read the Full Article

White Paper: From Infrastructure Buildout to Manufacturing Boom

Our white paper explores the shift from infrastructure-led growth to a focus on grassroots manufacturing, highlighting investment opportunities in reshoring and machinery sectors.

Read the Full Article

Reshoring Tailwinds Are Back—and Ohio Confirms It

Reshoring gains momentum in 2026 as U.S. industrial indicators improve. Our insights from the field in Ohio confirm a positive trend for manufacturing investments.

Read the Full Article