CNAV vs. NELS

Last updated Jun 4, 2026

CNAV (Mohr Company Nav ETF) and NELS (Nelson Select ETF) are both Large Cap Blend Equities funds. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. CNAV charges 1.31%/yr vs 1.69%/yr for NELS.

Performance

CNAV vs. NELS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mohr Company Nav ETF (CNAV) and Nelson Select ETF (NELS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CNAV achieves a 47.26% return, which is significantly higher than NELS's 12.08% return.

CNAV

• 1D: 1.11%
• 1M: 21.60%
• YTD: 47.26%
• 6M: 48.02%
• 1Y: 72.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NELS

• 1D: -0.59%
• 1M: 6.37%
• YTD: 12.08%
• 6M: 12.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CNAV vs. NELS - Yearly Performance Comparison

	2026 (YTD)	2025
CNAV Mohr Company Nav ETF	47.26%	0.19%
NELS Nelson Select ETF	12.08%	2.42%

Correlation

The correlation between CNAV and NELS is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025	0.80

Return for Risk

CNAV vs. NELS — Risk / Return Rank

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

CNAV

CNAV Risk / Return Rank: 87
CNAV Sharpe Ratio Rank: 87
CNAV Sortino Ratio Rank: 81
CNAV Omega Ratio Rank: 81
CNAV Calmar Ratio Rank: 90
CNAV Martin Ratio Rank: 93

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.

CNAV vs. NELS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mohr Company Nav ETF (CNAV) and Nelson Select ETF (NELS). 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.

	CNAV	NELS	Difference
Sharpe ratio: Return per unit of total volatility	2.91	—	—
Sortino ratio: Return per unit of downside risk	3.62	—	—
Omega ratio: Gain probability vs. loss probability	1.48	—	—
Calmar ratio: Return relative to maximum drawdown	5.63	—	—
Martin ratio: Return relative to average drawdown	24.09	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CNAV	NELS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.91	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	1.71	-0.10

Drawdowns

CNAV vs. NELS - Drawdown Comparison

The maximum CNAV drawdown since its inception was -30.06%, which is greater than NELS's maximum drawdown of -9.30%. Use the drawdown chart below to compare losses from any high point for CNAV and NELS.

Drawdown Indicators

	CNAV	NELS	Difference
Max Drawdown Largest peak-to-trough decline	-30.06%	-9.30%	-20.76%
Max Drawdown (1Y) Largest decline over 1 year	-12.97%	—	—
Current Drawdown Current decline from peak	0.00%	-0.59%	+0.59%
Average Drawdown Average peak-to-trough decline	-5.42%	-1.61%	-3.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	—	—

Volatility

Volatility by Period

	CNAV	NELS	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.08%	14.40%	+10.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.16%	14.40%	+12.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.16%	14.40%	+12.76%

CNAV vs. NELS - Expense Ratio Comparison

CNAV has a 1.31% expense ratio, which is lower than NELS's 1.69% expense ratio.

Dividends

CNAV vs. NELS - Dividend Comparison

Neither CNAV nor NELS has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CNAV and NELS in my portfolio?

CNAV and NELS have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CNAV or NELS?

On fees, CNAV is cheaper at 1.31% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CNAV or NELS?

CNAV is cheaper with a 1.31% expense ratio, compared with 1.69% for NELS.

Which ETF pays a higher dividend yield, CNAV or NELS?

CNAV and NELS have nearly identical dividend yields, around 0.00%.

What is the main difference between CNAV and NELS?

They also come from different issuers: Mohr and Nelson Capital Management. Their fees differ too: 1.31% for CNAV and 1.69% for NELS.