RSHO
American Reshoring ETF

Invest in US Manufacturing and Infrastructure.

Share Price:

$42.89

October 17, 2025

Why Invest in RSHO ETF?

4-2

Made in America

America is committed to prioritizing domestic manufacturing and infrastructure for the next Industrial Revolution.

2

Deglobalization

Tariffs and geopolitical uncertainty increasingly drive companies to de-risk supply chains by localizing production.

expert-icon

Investment Expertise

RSHO is managed by a veteran industrials investor with over 20-year investment track record covering these companies.

Fund Overview

Fund Details

As of October 17, 2025
Primary Exchange
NYSE
Ticker
RSHO
AuM ($)
$172,987,155
# of Holdings
28
Fund Inception Date
05/10/23
Gross Expense Ratio
0.99%
Net Expense Ratio*
0.75%
Shares Outstanding
4,040,000
Portfolio Manager
Chris Semenuk
Investment Advisor
Tema ETFs LLC
Investment Sub-Advisor
NEOS Investments, LLC
*Contractual expense cap for net expense ratio of 0.75% is in effect through 06/28/2025

Fund Summary

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.

Introducing RSHO

Portfolio Breakdown

Top 10 holdings

As of October 17, 2025
Company
% of Nav
COGNEX CORP
6.89%
CATERPILLAR INC
6.44%
ROCKWELL AUTOMATION INC
5.86%
POWELL INDUSTRIES INC
5.42%
APPLIED INDUSTRIAL TECHNOLOGIES INC
5.31%
TIMKEN CO/THE
4.68%
TEREX CORP
4.36%
PARKER-HANNIFIN CORP
4.36%
LONZA GROUP AG
4.10%
FASTENAL CO
3.94%

Country Breakdown

United States
75.43%
Ireland
10.46%
Switzerland
7.66%
Taiwan
2.98%
Others
3.47%

Industry Breakdown

Industrials
71.92%
Materials
12.47%
Information Technology
9.87%
Health Care
4.10%
Cash & Cash Equivalents
0.51%
  • Performance
  • Distributions
  • Premium / Discount

Prices & Performance

As of
Sep 30, 2025

RSHO

3 months

1 Year

3 Years

5 Years

Since inception

NAV
9.44% 9.44%
14.54% 14.54%
25.64% 25.64%
Market Price
9.49% 9.49%
14.39% 14.39%
25.71% 25.71%

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

ST Cap Gains

LT Cap Gains

Dec 14, 2023
Dec 13, 2023
Dec 15, 2023
$0.080308
$0.080308
$0.000000
$0.00
Dec 11, 2024
Dec 11, 2024
Dec 12, 2024
$0.09828717
$0.02223717
$0.04712
$0.02893
0.17 0.04 0.02 0.12 0.25 0.29 0.22 0.34 0.24 0.32 0.2 0.22 0.21 0.05 0.14 0.13 0.19 0.08 0.07 0 0.06 -0.04 0.1 -0.01

Premium/Discount

Сhart Table

RSHO NAV / Market Price

NAV$42.82
NAV change (1D)($0.15)
Median Bid/Ask Spread (30 Day)0.19%
Market Price$42.89
Market Price Change (1D)($0.10)
Premium/Discount0.17%
As of: October 17, 2025

How does the Tema RSHO ETF fit 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 buy

*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.