BLUC vs. NRSH

Last updated Jun 4, 2026

BLUC (Bluemonte Large Cap Core ETF) and NRSH (Aztlan North America Nearshoring Stock Selection ETF) are both Large Cap Blend Equities funds. A 0.72 correlation means they provide meaningful diversification when combined. BLUC charges 0.23%/yr vs 0.75%/yr for NRSH.

Performance

BLUC vs. NRSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Large Cap Core ETF (BLUC) and Aztlan North America Nearshoring Stock Selection ETF (NRSH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLUC achieves a 10.25% return, which is significantly lower than NRSH's 47.92% return.

BLUC

• 1D: -1.43%
• 1M: 5.44%
• YTD: 10.25%
• 6M: 10.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NRSH

• 1D: 0.51%
• 1M: 13.93%
• YTD: 47.92%
• 6M: 46.01%
• 1Y: 58.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BLUC vs. NRSH - Yearly Performance Comparison

	2026 (YTD)	2025
BLUC Bluemonte Large Cap Core ETF	10.25%	14.03%
NRSH Aztlan North America Nearshoring Stock Selection ETF	47.92%	6.51%

Correlation

The correlation between BLUC and NRSH is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.72

BLUC vs. NRSH - Sectors Allocation Comparison

Sectors	BLUC	NRSH
Technology	40.6%	35.5%
Communication Services	12.5%	-
Consumer Cyclical	10.7%	-
Financial Services	9.8%	-
Healthcare	7.7%	-
Industrials	7.3%	58.7%
Consumer Defensive	4.0%	-
Energy	2.7%	2.5%
Utilities	1.7%	-
Real Estate	1.6%	5.8%
Basic Materials	1.5%	-

Return for Risk

BLUC vs. NRSH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NRSH

NRSH Risk / Return Rank: 76
NRSH Sharpe Ratio Rank: 74
NRSH Sortino Ratio Rank: 68
NRSH Omega Ratio Rank: 66
NRSH Calmar Ratio Rank: 89
NRSH Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLUC vs. NRSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Large Cap Core ETF (BLUC) and Aztlan North America Nearshoring Stock Selection ETF (NRSH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BLUC	NRSH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.11	1.11	+1.00

Drawdowns

BLUC vs. NRSH - Drawdown Comparison

The maximum BLUC drawdown since its inception was -10.69%, smaller than the maximum NRSH drawdown of -24.01%. Use the drawdown chart below to compare losses from any high point for BLUC and NRSH.

Drawdown Indicators

	BLUC	NRSH	Difference
Max Drawdown Largest peak-to-trough decline	-10.69%	-24.01%	+13.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.94%	—
Current Drawdown Current decline from peak	-1.43%	0.00%	-1.43%
Average Drawdown Average peak-to-trough decline	-1.52%	-5.62%	+4.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.50%	—

Volatility

Volatility by Period

	BLUC	NRSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.00%	24.44%	-11.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.00%	21.54%	-8.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.00%	21.54%	-8.54%

BLUC vs. NRSH - Expense Ratio Comparison

BLUC has a 0.23% expense ratio, which is lower than NRSH's 0.75% expense ratio.

Dividends

BLUC vs. NRSH - Dividend Comparison

BLUC's dividend yield for the trailing twelve months is around 0.51%, more than NRSH's 0.28% yield.

Position	TTM	2025	2024	2023
BLUC Bluemonte Large Cap Core ETF	0.51%	0.46%	0.00%	0.00%
NRSH Aztlan North America Nearshoring Stock Selection ETF	0.28%	0.42%	0.90%	0.17%

Frequently Asked Questions

Can I hold both BLUC and NRSH in my portfolio?

BLUC and NRSH have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLUC or NRSH?

On fees, BLUC is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLUC or NRSH?

BLUC is cheaper with a 0.23% expense ratio, compared with 0.75% for NRSH.

Which ETF pays a higher dividend yield, BLUC or NRSH?

BLUC has the higher dividend yield at 0.51%, compared with 0.28% for NRSH.

What is the main difference between BLUC and NRSH?

They also come from different issuers: Bluemonte and Aztlan. Their fees differ too: 0.23% for BLUC and 0.75% for NRSH.