Key stats
About National Security Emerging Markets Index ETF
Home page
Inception date
Dec 6, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tuttle Capital Management LLC
Distributor
Northern Lights Distributors LLC
NSI invests in the emerging markets equity space without compromising the US national security. Starting with an initial universe of emerging markets stocks, the fund uses National Security Governance (NSG) screening process to remove companies that fall into any of the following: a) companies subject to a US government sanctions program, b) defense contractors or suppliers of military items in a country of concern (i.e., China and Russia), c) firms in a country of concern that provide dual-use items to a military end-user, or that are involved in a military-civil fusion program, d) firms engaged in state-sponsored influence operations targeted against the US or its allies, e) companies that are a strategic, cybersecurity, or an espionage threat to US or its allies, f) human rights violators, and g) operators in disputed areas of the South or East China Sea. All remaining securities are selected and weighted by market-cap. The index reconstitutes semi-annually and rebalances quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Finance
Stocks97.72%
Electronic Technology26.94%
Finance23.53%
Technology Services8.54%
Retail Trade7.54%
Communications7.31%
Non-Energy Minerals4.43%
Transportation3.71%
Energy Minerals3.63%
Health Technology2.40%
Consumer Non-Durables2.36%
Consumer Services1.87%
Utilities1.37%
Consumer Durables1.29%
Industrial Services0.89%
Process Industries0.68%
Producer Manufacturing0.65%
Commercial Services0.56%
Bonds, Cash & Other2.28%
Cash2.28%
Stock breakdown by region
Asia71.01%
Latin America11.91%
North America6.91%
Africa5.47%
Europe4.70%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NSI invests in stocks. The fund's major sectors are Electronic Technology, with 26.94% stocks, and Finance, with 23.53% of the basket. The assets are mostly located in the Asia region.
NSI top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR and Samsung Electronics Co., Ltd. Sponsored GDR, occupying 15.19% and 5.08% of the portfolio correspondingly.
NSI last dividends amounted to 0.16 USD. Six months before that, the issuer paid 0.45 USD in dividends, which shows a 185.22% decrease.
NSI assets under management is 18.17 M USD. It's risen 81.97% over the last month.
NSI fund flows account for 9.42 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NSI pays dividends to its holders with the dividend yield of 2.90%. The last dividend (May 28, 2025) amounted to 0.16 USD. The dividends are paid semi-annually.
NSI shares are issued by Tuttle Capital Management LLC under the brand Tuttle Capital. The ETF was launched on Dec 6, 2023, and its management style is Passive.
NSI expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
NSI follows the Alerian National Security Emerging Markets Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NSI invests in stocks.
NSI price has risen by 5.51% over the last month, and its yearly performance shows a 9.93% increase. See more dynamics on NSI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.50% over the last month, showed a 13.73% increase in three-month performance and has increased by 13.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.50% over the last month, showed a 13.73% increase in three-month performance and has increased by 13.58% in a year.
NSI trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.