National Security Emerging Markets ETF (NSI) Holdings
NSI holdings summary
as of Oct 23, 2026- Holdings
- 99 positions listed
- Top 10 weight
- 45.8% of net assets
- Effective holdings
- 24 equal-weight equivalent
- Largest holding
- TSM 14.11% Taiwan Semiconductor Manufacturing…
- Annual turnover
- 0.0% of the portfolio traded
Top 1045.8%
Top 2568.4%
Top 5085.0%
All NSI holdings
99 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | TSM | Taiwan Semiconductor Manufacturing Company Limited | Technology | 14.11% | $5.7M | $2.14T | 26.7 |
| 2 | SMSN | Samsung Electronics Co. Ltd | Technology | 7.81% | $3.2M | — | — |
| 3 | ASX | ASE Technology Holding Co., Ltd. | Technology | 4.32% | $1.8M | $86.92B | 47.1 |
| 4 | CICHY | China Construction Bank Corp | Financial Services | 3.82% | $1.6M | — | — |
| 5 | HNHPF | Hon Hai Precision Industry Co Ltd ADR | Technology | 3.47% | $1.4M | — | — |
| 6 | UMC | United Microelectronics Corporation | Technology | 2.80% | $1.1M | $49.71B | 18.7 |
| 7 | PDD | PDD Holdings Inc. | Consumer Cyclical | 2.49% | $1.0M | $115.25B | 9.1 |
| 8 | SKHY | SK Hynix Inc. American Depositary Shares | Technology | 2.42% | $986,644.70 | $994.83B | 8.7 |
| 9 | RLI | Reliance Industries Limited | Energy | 2.40% | $976,954.55 | — | — |
| 10 | PNGAY | Ping An Insurance Company of China | Financial Services | 2.20% | $895,280.42 | — | — |
| 11 | NTES | NetEase, Inc | Communication Services | 2.17% | $882,903.08 | $80.72B | 17.5 |
| 12 | NPSNY | Naspers Ltd ADR | Consumer Cyclical | 2.01% | $820,120.67 | — | — |
| 13 | HDB | HDFC Bank Limited | Financial Services | 1.98% | $805,341.16 | $122.53B | 15.4 |
| 14 | ZTO | ZTO Express (Cayman) Inc. | Industrials | 1.82% | $740,034.42 | $15.08B | 11.0 |
| 15 | MELI | MercadoLibre, Inc. | Consumer Cyclical | 1.67% | $678,880.61 | $92.98B | 50.5 |
| 16 | ONC | BeiGene, Ltd. | Healthcare | 1.65% | $670,737.63 | $41.99B | 66.0 |
| 17 | MPNGY | Meituan ADR | Consumer Cyclical | 1.58% | $643,499.34 | — | — |
| 18 | CHT | Chunghwa Telecom Co., Ltd | Communication Services | 1.57% | $637,310.67 | $36.96B | 29.0 |
| 19 | IBN | ICICI Bank Limited | Financial Services | 1.40% | $571,718.93 | $107.66B | 17.5 |
| 20 | 5412 | Posco | Other | 1.36% | $555,147.96 | — | — |
| 21 | YMM | Full Truck Alliance Co. Ltd. | Technology | 1.28% | $520,295.99 | $9.15B | 15.4 |
| 22 | VALE | Vale S.A. | Basic Materials | 1.14% | $464,068.68 | $55.58B | 26.1 |
| 23 | KB | KB Financial Group Inc. | Financial Services | 1.08% | $438,947.57 | $41.71B | 10.2 |
| 24 | SKM | SK Telecom Co.,Ltd | Communication Services | 0.94% | $382,883.13 | $12.27B | 24.4 |
| 25 | AMX | America Movil, S.A.B. de C.V | Communication Services | 0.94% | $380,684.52 | $68.41B | 13.8 |
| 26 | ABEV | Ambev S.A. | Consumer Defensive | 0.91% | $372,337.96 | $50.72B | 17.3 |
| 27 | ITUB | Itaú Unibanco Holding S.A. | Financial Services | 0.84% | $344,000.38 | $104.05B | 12.1 |
| 28 | PBR | Petróleo Brasileiro S.A. - Petrobras | Energy | 0.84% | $342,086.77 | $167.55B | 6.6 |
| 29 | SHG | Shinhan Financial Group Co., Ltd. | Financial Services | 0.84% | $340,336.03 | $33.11B | 9.3 |
| 30 | KT | KT Corporation | Communication Services | 0.82% | $332,355.91 | $8.74B | 10.0 |
| 31 | RDY | Dr. Reddy's Laboratories Limited | Healthcare | 0.77% | $311,835.59 | $10.89B | 29.7 |
| 32 | WF | Woori Financial Group Inc. | Financial Services | 0.76% | $310,329.14 | $17.00B | 8.2 |
| 33 | INFY | Infosys Limited | Technology | 0.74% | $301,697.57 | $49.58B | 15.1 |
| 34 | CIB | Grupo Cibest S.A. | Financial Services | 0.71% | $290,745.26 | $23.12B | 11.8 |
| 35 | NU | Nu Holdings Ltd. | Financial Services | 0.68% | $276,128.60 | $70.33B | 19.9 |
| 36 | BCH | Banco de Chile | Financial Services | 0.68% | $275,640.02 | $19.65B | 15.0 |
| 37 | FMX | Fomento Económico Mexicano, S.A.B. de C.V. | Consumer Defensive | 0.67% | $273,767.14 | $43.08B | 9.0 |
| 38 | TCOM | Trip.com Group Limited | Consumer Cyclical | 0.65% | $264,239.84 | $25.19B | 8.1 |
| 39 | PBCRY | Bank Central Asia Tbk PT ADR | Financial Services | 0.62% | $252,066.08 | — | — |
| 40 | BSAC | Banco Santander-Chile | Financial Services | 0.61% | $249,419.61 | $15.41B | 12.6 |
| 41 | BBD | Banco Bradesco S.A. | Financial Services | 0.61% | $248,686.74 | $44.26B | 12.8 |
| 42 | AU | AngloGold Ashanti Limited | Basic Materials | 0.60% | $245,592.41 | $46.95B | 12.4 |
| 43 | BILI | Bilibili Inc | Communication Services | 0.60% | $243,108.80 | $5.80B | 27.6 |
| 44 | BEKE | KE Holdings Inc. | Real Estate | 0.58% | $237,734.43 | $19.85B | 30.1 |
| 45 | BZ | Kanzhun Limited | Communication Services | 0.54% | $219,127.71 | $7.32B | 12.0 |
| 46 | ASR | Grupo Aeroportuario del Sureste, S.A.B. de C.V. | Industrials | 0.51% | $209,233.98 | $7.18B | 13.0 |
| 47 | PAC | Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | Industrials | 0.51% | $209,152.55 | $12.13B | 18.1 |
| 48 | XPEV | XPeng Inc. | Consumer Cyclical | 0.50% | $205,203.21 | $8.84B | — |
| 49 | CX | CEMEX, S.A.B. de C.V. | Basic Materials | 0.49% | $200,317.42 | $14.79B | 85.4 |
| 50 | XP | XP Inc. | Financial Services | 0.49% | $200,195.27 | $14.83B | 15.3 |
| 51 | GFI | Gold Fields Limited | Basic Materials | 0.48% | $196,856.65 | $33.50B | 7.7 |
| 52 | CPNG | Coupang, Inc. | Consumer Cyclical | 0.46% | $186,759.35 | $25.62B | — |
| 53 | GGB | Gerdau S.A. | Basic Materials | 0.44% | $178,657.08 | $9.85B | 22.8 |
| 54 | GDS | GDS Holdings Limited | Technology | 0.43% | $176,458.47 | $4.62B | 10.7 |
| 55 | OMAB | Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | Industrials | 0.38% | $156,589.59 | $4.43B | 14.7 |
| 56 | LI | Li Auto Inc. | Consumer Cyclical | 0.38% | $154,716.70 | $11.08B | — |
| 57 | ANGPY | Valterra Platinum Limited | Basic Materials | 0.36% | $146,492.29 | — | — |
| 58 | SID | State Bank of India | Financial Services | 0.36% | $145,474.42 | — | — |
| 59 | KEP | Korea Electric Power Corporation | Utilities | 0.35% | $144,375.11 | $13.65B | 2.5 |
| 60 | BKRKY | Bank Rakyat | Financial Services | 0.35% | $144,212.25 | — | — |
| 61 | VIPS | Vipshop Holdings Limited | Consumer Cyclical | 0.33% | $136,354.27 | $6.11B | 4.3 |
| 62 | ERJ | Embraer SA ADR | Industrials | 0.30% | $123,976.94 | — | — |
| 63 | PHI | PLDT Inc | Communication Services | 0.30% | $122,592.63 | $4.30B | 9.4 |
| 64 | YUMC | Yum China Holdings, Inc. | Consumer Cyclical | 0.30% | $120,475.45 | $15.22B | 16.5 |
| 65 | HTHT | H World Group Limited | Consumer Cyclical | 0.27% | $111,273.88 | $14.67B | 34.7 |
| 66 | ATAT | Atour Lifestyle Holdings Limited | Consumer Cyclical | 0.26% | $106,632.38 | $4.62B | 16.5 |
| 67 | ENIC | Enel Chile S.A. | Utilities | 0.26% | $105,818.08 | $6.17B | 11.2 |
| 68 | IMPUY | Impala Platinum Holdings Ltd PK | Basic Materials | 0.25% | $103,497.33 | — | — |
| 69 | ATHM | Autohome Inc | Communication Services | 0.25% | $101,217.30 | $2.32B | 17.5 |
| 70 | SSL | Sasol Limited | Basic Materials | 0.24% | $98,652.26 | $10.47B | 14.7 |
| 71 | TKC | Turkcell Iletisim Hizmetleri A.S | Communication Services | 0.24% | $97,390.09 | $4.29B | 9.3 |
| 72 | HMY | Harmony Gold Mining Company Limited | Basic Materials | 0.23% | $93,359.32 | $10.73B | 6.2 |
| 73 | PTI | Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk | Communication Services | 0.23% | $91,771.43 | — | — |
| 74 | UGP | Ultrapar Participações S.A. | Energy | 0.23% | $91,690.00 | $8.31B | 12.6 |
| 75 | JBS | JBS N.V. | Consumer Defensive | 0.23% | $91,649.29 | $13.95B | 12.2 |
| 76 | WMMVY | Wal Mart de Mexico SAB de CV ADR | Consumer Defensive | 0.22% | $89,857.83 | — | — |
| 77 | TAL | TAL Education Group | Consumer Defensive | 0.21% | $84,117.03 | $6.66B | 7.5 |
| 78 | ZLAB | Zai Lab Limited | Healthcare | 0.20% | $83,384.16 | $2.60B | — |
| 79 | BAP | Credicorp Ltd. | Financial Services | 0.18% | $73,124.00 | $30.99B | 14.7 |
| 80 | MAAS | Maase Inc. | Technology | 0.17% | $68,930.36 | $5.32B | — |
| 81 | WIT | Wipro Limited | Technology | 0.17% | $67,423.91 | $19.29B | 13.9 |
| 82 | BSBR | Banco Santander (Brasil) S.A. | Financial Services | 0.16% | $64,492.44 | $20.89B | 16.9 |
| 83 | LTM | LATAM Airlines Group S.A. | Industrials | 0.15% | $59,362.36 | $14.20B | 8.8 |
| 84 | VIST | Vista Energy, S.A.B. de C.V. | Energy | 0.14% | $58,995.92 | $7.96B | 9.4 |
| 85 | BVN | Compañía de Minas Buenaventura S.A.A. | Basic Materials | 0.14% | $56,512.31 | $7.73B | 6.9 |
| 86 | SQM | Sociedad Química y Minera de Chile S.A. | Basic Materials | 0.14% | $56,023.73 | $17.20B | 12.4 |
| 87 | SBS | Companhia de Saneamento Básico do Estado de São Paulo - SABESP | Utilities | 0.12% | $50,690.08 | $22.01B | 14.2 |
| 88 | MNSO | MINISO Group Holding Limited | Consumer Cyclical | 0.12% | $49,997.92 | $2.98B | 17.3 |
| 89 | ELPC | Companhia Paranaense de Energia - COPEL | Utilities | 0.12% | $49,794.35 | $10.37B | 17.2 |
| 90 | CIG | Companhia Energética de Minas Gerais | Utilities | 0.12% | $48,247.18 | $6.64B | 7.5 |
| 91 | EDU | New Oriental Education & Technology Group Inc. | Consumer Defensive | 0.12% | $47,107.16 | $9.44B | 20.3 |
| 92 | VIV | Telefônica Brasil S.A | Communication Services | 0.11% | $46,292.87 | $19.99B | 16.0 |
| 93 | EBR | Centrais Electricas Brasileiras SA | Utilities | 0.11% | $44,949.27 | — | — |
| 94 | TSU | TIM Participações S.A | Communication Services | 0.11% | $42,832.10 | — | — |
| 95 | IFS | Intercorp Financial Services Inc. | Financial Services | 0.10% | $40,674.21 | $6.03B | 10.1 |
| 96 | AVAL | Grupo Aval Acciones y Valores S.A. | Financial Services | 0.10% | $40,674.21 | $5.76B | 12.8 |
| 97 | SUZ | Suzano S.A. | Basic Materials | 0.09% | $38,109.17 | $10.47B | 6.8 |
| 98 | SBSW | Sibanye Stillwater Limited | Basic Materials | 0.09% | $38,027.74 | $7.31B | 8.5 |
| 99 | TIGO | Millicom International Cellular S.A | Communication Services | 0.09% | $37,702.02 | $13.90B | 20.9 |
Weights as a percentage of net assets. Value held = weight × net assets ($40.7M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
NSI sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Technology | 37.7% | 11 | TSM, SMSN, ASX |
| Financial Services | 18.6% | 21 | CICHY, PNGAY, HDB |
| Consumer Cyclical | 11.0% | 13 | PDD, NPSNY, MELI |
| Communication Services | 8.9% | 14 | NTES, CHT, SKM |
| Basic Materials | 4.7% | 13 | VALE, AU, CX |
| Industrials | 3.7% | 6 | ZTO, ASR, PAC |
| Energy | 3.6% | 4 | RLI, PBR, UGP |
| Healthcare | 2.6% | 3 | ONC, RDY, ZLAB |
| Consumer Defensive | 2.4% | 6 | ABEV, FMX, JBS |
| Other | 1.4% | 1 | 5412 |
| Utilities | 1.1% | 6 | KEP, ENIC, SBS |
| Real Estate | 0.6% | 1 | BEKE |
Sum of the weights of the holdings in each sector.
NSI top industries
Semiconductors
23.7%
Banks - Regional
12.0%
Internet Retail
8.5%
Consumer Electronics
7.8%
Telecom Services
5.2%
Banks - Diversified
3.8%
Electronic Components
3.5%
Oil & Gas Refining & Marketing
2.6%
Insurance - Life
2.2%
Electronic Gaming & Multimedia
2.2%
Biotechnology
1.9%
Integrated Freight & Logistics
1.8%
Beverages - Brewers
1.6%
Information Technology Services
1.5%
Airports & Air Services
1.4%
NSI overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| QQQ | Invesco QQQ ETF | 0.7% | 2 of 101 | 0.17% |
| VXUS | Vanguard Total International Stock ETF | 0.6% | 36 of 8,035 | 0.05% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 1 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| IWM | iShares Russell 2000 ETF | 0.0% | 0 of 1,962 | 0.19% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the NSI portfolio
National Security Emerging Markets ETF holds 99 positions. The ten largest make up 45.8% of the fund and the top 50 85.0%, so it behaves like a portfolio of about 24 equally weighted stocks. The biggest positions are Taiwan Semiconductor Manufacturing Company Limited (14.11%), Samsung Electronics Co. Ltd (7.81%), ASE Technology Holding Co., Ltd. (4.32%), China Construction Bank Corp (3.82%), Hon Hai Precision Industry Co Ltd ADR (3.47%).
By sector, Technology is 37.7%, Financial Services is 18.6%, Consumer Cyclical is 11.0%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 23, 2026; positions change as the fund rebalances.
Related: NSI chart, NSI performance, NSI dividends, NSI valuation, NSI overview.
NSI holdings FAQ
How many holdings does NSI have?
NSI holds 99 positions as of October 23, 2026.
What are the top 10 holdings of NSI?
The ten largest holdings are Taiwan Semiconductor Manufacturing Company Limited (14.11%), Samsung Electronics Co. Ltd (7.81%), ASE Technology Holding Co., Ltd. (4.32%), China Construction Bank Corp (3.82%), Hon Hai Precision Industry Co Ltd ADR (3.47%), United Microelectronics Corporation (2.80%), PDD Holdings Inc. (2.49%), SK Hynix Inc. American Depositary Shares (2.42%), Reliance Industries Limited (2.40%), Ping An Insurance Company of China (2.20%). Together they are 45.8% of the fund.
What percentage of NSI is Taiwan Semiconductor Manufacturing Company Limited?
Taiwan Semiconductor Manufacturing Company Limited is the largest holding at 14.11% of net assets, about $5.7M of the fund's $40.7M.
Which sector is the largest in NSI?
Technology is the largest sector at 37.7%, followed by Financial Services (18.6%) and Consumer Cyclical (11.0%), based on the sectors of the individual holdings.
How concentrated is NSI?
The top 10 holdings are 45.8% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) NSI behaves like a portfolio of about 24 equally weighted stocks.