Three ETFs near three-year marks; YTD: 108%, 47.9%, 40.4%

The semiconductor ETF CHPS, the nearshoring-focused NRSH and Putnam’s emerging markets ex-China ETF PEMX posted year-to-date returns of 108%, 47.9% and 40.4%, respectively. Each fund is reaching or has reached its three-year ETF anniversary.

CHPS charges 15 basis points and tracks a Solactive Semiconductor ESG Index that uses market-cap weighting and eligibility screens for size, trading and liquidity. The ETF will reach its three-year anniversary in July. Semiconductor stocks have recorded notable gains this year and CHPS has posted large year-to-date returns.

NRSH carries a 76 basis point fee and follows an index designed to capture nearshoring opportunities in the United States, Canada and Mexico. That index applies a liquidity-weighting method and a multi-factor model focused on industrial real estate and logistics companies. NRSH holds 30 names chosen by a proprietary model that emphasizes cash flow, value, growth and quality. The ETF has returned 47.9% year-to-date and 58.1% over the past 12 months, and it will mark three years in November.

PEMX charges 69 basis points and is an actively managed ETF that excludes China from its emerging markets exposure. Managers use fundamental research and a high-conviction approach combining qualitative and quantitative analysis, including assessments of financial health, market structure, valuations, industry position and projected earnings. The fund reached its three-year anniversary last month and has returned 40.4% year-to-date.

A three-year track record often makes ETFs eligible for placement on adviser platforms and model portfolios. The three funds differ by strategy, fee level and regional exposure: CHPS focuses on semiconductor companies, NRSH targets North American supply-chain and real-asset sectors, and PEMX pursues active stock selection across emerging markets outside China.