LOHA vs. NRSH

Last updated Jun 6, 2026

LOHA (Roundhill HALO ETF) and NRSH (Aztlan North America Nearshoring Stock Selection ETF) are both Large Cap Blend Equities funds - LOHA tracks the Akros U.S. Heavy Assets Low Obsolescence (HALO) Index while NRSH tracks the Aztlan North America Nearshoring Price Return Index - Benchmark Price Return. Both are passively managed. At a 0.47 correlation, their price movements are largely independent. LOHA charges 0.35%/yr vs 0.75%/yr for NRSH.

Performance

LOHA vs. NRSH - Performance Comparison

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

Returns By Period

LOHA

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

NRSH

• 1D: -4.97%
• 1M: 0.02%
• YTD: 39.61%
• 6M: 36.75%
• 1Y: 51.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LOHA vs. NRSH - Yearly Performance Comparison

	2026 (YTD)
LOHA Roundhill HALO ETF	-0.44%
NRSH Aztlan North America Nearshoring Stock Selection ETF	0.50%

Correlation

The correlation between LOHA and NRSH is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 15, 2026	0.48

Return for Risk

LOHA 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: 71
NRSH Sharpe Ratio Rank: 66
NRSH Sortino Ratio Rank: 60
NRSH Omega Ratio Rank: 61
NRSH Calmar Ratio Rank: 87
NRSH Martin Ratio Rank: 79

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.

LOHA vs. NRSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HALO ETF (LOHA) 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

	LOHA	NRSH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.62	0.96	-1.59

Drawdowns

LOHA vs. NRSH - Drawdown Comparison

The maximum LOHA drawdown since its inception was -2.08%, smaller than the maximum NRSH drawdown of -24.01%. Use the drawdown chart below to compare losses from any high point for LOHA and NRSH.

Drawdown Indicators

	LOHA	NRSH	Difference
Max Drawdown Largest peak-to-trough decline	-2.08%	-24.01%	+21.93%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.94%	—
Current Drawdown Current decline from peak	-1.27%	-5.62%	+4.35%
Average Drawdown Average peak-to-trough decline	-0.81%	-5.61%	+4.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.52%	—

Volatility

Volatility by Period

	LOHA	NRSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.84%	24.97%	-13.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.84%	21.75%	-9.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.84%	21.75%	-9.91%

LOHA vs. NRSH - Expense Ratio Comparison

LOHA has a 0.35% expense ratio, which is lower than NRSH's 0.75% expense ratio.

Dividends

LOHA vs. NRSH - Dividend Comparison

LOHA has not paid dividends to shareholders, while NRSH's dividend yield for the trailing twelve months is around 0.30%.

Position	TTM	2025	2024	2023
LOHA Roundhill HALO ETF	0.00%	0.00%	0.00%	0.00%
NRSH Aztlan North America Nearshoring Stock Selection ETF	0.30%	0.42%	0.90%	0.17%

Frequently Asked Questions

Can I hold both LOHA and NRSH in my portfolio?

LOHA and NRSH have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LOHA or NRSH?

On fees, LOHA is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LOHA or NRSH?

LOHA is cheaper with a 0.35% expense ratio, compared with 0.75% for NRSH.

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

NRSH has the higher dividend yield at 0.30%, compared with 0.00% for LOHA.

What is the main difference between LOHA and NRSH?

LOHA tracks Akros U.S. Heavy Assets Low Obsolescence (HALO) Index, while NRSH tracks Aztlan North America Nearshoring Price Return Index - Benchmark Price Return. They also come from different issuers: Roundhill and Aztlan. Their fees differ too: 0.35% for LOHA and 0.75% for NRSH.