Welcome to Extreme Investor Network, where we bring you the latest insights and trends in the world of finance. Today, we’re diving into an exciting exchange-traded fund that is making waves in the U.S. manufacturing sector.
Tema ETFs CEO and founder, Maurits Pot, has introduced the American Reshoring ETF (RSHO), which is focused on industrials. This ETF is designed to capitalize on a potential resurgence in U.S. manufacturing jobs, as more companies look to bring production back to the United States.
According to Pot, we are just in the early stages of this trend, which some may refer to as deglobalization. The core focus of the American Reshoring ETF is on job creation, manufacturing, and reshoring – all key factors in boosting local economies.
Since its launch in May 2023, the American Reshoring ETF has shown strong performance, with nearly a 37% increase as of the latest market close. This indicates a growing interest among investors in the potential of U.S. manufacturing.
While some skeptics may argue that thematic ETFs come and go, Todd Sohn of Strategas believes that investing in U.S. manufacturing is a solid long-term strategy. He highlights the industrial sector’s growth potential, following a significant reduction in size over the past few decades.
Sohn also recommends an active approach to investing in industrials, as opposed to passive strategies. This hands-on approach can help investors navigate through market fluctuations and capitalize on emerging opportunities in the sector.
It’s important to note that despite its recent success, the American Reshoring ETF has slightly underperformed the broader market in the last three months, with a 4% decline. However, this could present a buying opportunity for investors who believe in the long-term potential of U.S. manufacturing.
As always, it’s essential to conduct thorough research and consult with a financial advisor before making any investment decisions. Stay tuned to Extreme Investor Network for more updates on market trends and investment opportunities.