DFSU vs. NRSH

Last updated Aug 2, 2026

DFSU (Dimensional US Sustainability Core 1 ETF) and NRSH (Aztlan North America Nearshoring Stock Selection ETF) are both Large Cap Blend Equities funds. DFSU is actively managed, while NRSH is passively managed. Over the past year, DFSU returned 20.83% vs 47.62% for NRSH. Their 0.68 correlation means they have sometimes moved together and sometimes differently. DFSU charges 0.18%/yr vs 0.75%/yr for NRSH.

Performance

DFSU vs. NRSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional US Sustainability Core 1 ETF (DFSU) 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, DFSU achieves a 9.05% return, which is significantly lower than NRSH's 33.68% return.

DFSU

• 1D: 0.67%
• 1M: 0.46%
• 6M: 7.52%
• YTD: 9.05%
• 1Y: 20.83%
• 3Y*: 17.72%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.95%

NRSH

• 1D: -0.16%
• 1M: -4.91%
• 6M: 23.70%
• YTD: 33.68%
• 1Y: 47.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.76%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFSU Dimensional US Sustainability Core 1 ETF	$4.41M	$4.49M	$4.28M
NRSH Aztlan North America Nearshoring Stock Selection ETF	$195.73K	$103.64K	$72.69K

DFSU vs. NRSH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DFSU Dimensional US Sustainability Core 1 ETF	9.05%	15.65%	22.96%	6.92%
NRSH Aztlan North America Nearshoring Stock Selection ETF	33.68%	12.95%	-6.17%	9.15%

Correlation

The correlation between DFSU and NRSH is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (All Time) Calculated using the full available price history since Nov 30, 2023	0.68

The correlation between DFSU and NRSH has been stable across timeframes, ranging from 0.68 to 0.69 - a consistent structural relationship.

DFSU vs. NRSH - Sectors Allocation Comparison

Sectors	DFSU	NRSH
Technology	29.7%	56.1%
Financial Services	16.5%	-
Industrials	12.3%	41.1%
Consumer Cyclical	11.3%	-
Healthcare	11.2%	-
Communication Services	9.9%	-
Consumer Defensive	4.2%	-
Basic Materials	2.2%	-
Energy	1.7%	2.5%
Utilities	1.0%	-
Real Estate	0.2%	2.8%

Return for Risk

DFSU vs. NRSH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DFSU

DFSU Risk / Return Rank: 57
DFSU Sharpe Ratio Rank: 58
DFSU Sortino Ratio Rank: 57
DFSU Omega Ratio Rank: 55
DFSU Calmar Ratio Rank: 51
DFSU Martin Ratio Rank: 65

NRSH

NRSH Risk / Return Rank: 77
NRSH Sharpe Ratio Rank: 75
NRSH Sortino Ratio Rank: 71
NRSH Omega Ratio Rank: 67
NRSH Calmar Ratio Rank: 86
NRSH Martin Ratio Rank: 84

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DFSU vs. NRSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional US Sustainability Core 1 ETF (DFSU) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DFSU	NRSH	Difference
Sharpe ratio: Return per unit of total volatility	1.38	1.71	-0.33
Sortino ratio: Return per unit of downside risk	1.96	2.32	-0.36
Omega ratio: Gain probability vs. loss probability	1.25	1.28	-0.04
Calmar ratio: Return relative to maximum drawdown	1.83	3.40	-1.56
Martin ratio: Return relative to average drawdown	7.85	11.69	-3.84

DFSU vs. NRSH - Sharpe Ratio Comparison

The current DFSU Sharpe Ratio is 1.38, which is comparable to the NRSH Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of DFSU and NRSH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DFSU vs. NRSH - Drawdown Comparison

The maximum DFSU drawdown since its inception was -19.88%, smaller than the maximum NRSH drawdown of -24.01%. Use the drawdown chart below to compare losses from any high point for DFSU and NRSH.

Drawdown Indicators

	DFSU	NRSH	Difference
Max Drawdown Largest peak-to-trough decline	-19.88%	-24.01%	+4.13%
Max Drawdown (1Y) Largest decline over 1 year	-10.12%	-13.84%	+3.72%
Max Drawdown (3Y) Largest decline over 3 years	-19.88%	—	—
Current Drawdown Current decline from peak	-0.90%	-10.20%	+9.30%
Average Drawdown Average peak-to-trough decline	-2.59%	-5.58%	+2.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	4.01%	-1.65%

Volatility

DFSU vs. NRSH - Volatility Comparison

The current volatility for Dimensional US Sustainability Core 1 ETF (DFSU) is 3.28%, while Aztlan North America Nearshoring Stock Selection ETF (NRSH) has a volatility of 9.12%. This indicates that DFSU experiences smaller price fluctuations and is considered to be less risky than NRSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFSU	NRSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	9.12%	-5.84%
Volatility (6M) Calculated over the trailing 6-month period	10.25%	23.16%	-12.91%
Volatility (1Y) Calculated over the trailing 1-year period	13.45%	27.47%	-14.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.12%	22.50%	-6.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.12%	22.50%	-6.38%

DFSU vs. NRSH - Expense Ratio Comparison

DFSU has a 0.18% expense ratio, which is lower than NRSH's 0.75% expense ratio.

Dividends

DFSU vs. NRSH - Dividend Comparison

DFSU's dividend yield for the trailing twelve months is around 0.83%, more than NRSH's 0.31% yield.

Position	TTM	2025	2024	2023	2022
DFSU Dimensional US Sustainability Core 1 ETF	0.83%	0.85%	0.96%	1.03%	0.21%
NRSH Aztlan North America Nearshoring Stock Selection ETF	0.31%	0.42%	0.90%	0.17%	0.00%

Frequently Asked Questions

Can I hold both DFSU and NRSH in my portfolio?

DFSU and NRSH have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFSU or NRSH?

NRSH has higher volatility (9.12%) compared to DFSU (3.28%). In terms of maximum drawdown, DFSU dropped -19.88% vs NRSH's -24.01%.

Which ETF is better, DFSU or NRSH?

On 1-year performance, NRSH leads with 47.62% vs 20.83% for DFSU. On fees, DFSU is cheaper at 0.18% per year. On volatility, DFSU has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DFSU or NRSH?

Over the 1-year period, NRSH has performed better with a 47.62% return vs 20.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFSU or NRSH?

DFSU is cheaper with a 0.18% expense ratio, compared with 0.75% for NRSH.

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

DFSU has the higher dividend yield at 0.83%, compared with 0.31% for NRSH.

What is the main difference between DFSU and NRSH?

They also come from different issuers: Dimensional and Aztlan. Their fees differ too: 0.18% for DFSU and 0.75% for NRSH.

Which has better risk-adjusted returns?

NRSH currently has the higher Sharpe Ratio (1.71 vs 1.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.