NRSH vs. BSJO

Last updated Jun 23, 2026

NRSH (Aztlan North America Nearshoring Stock Selection ETF) and BSJO (Invesco BulletShares 2024 High Yield Corporate Bond ETF) are both exchange-traded funds - NRSH is a Large Cap Blend Equities fund tracking the Aztlan North America Nearshoring Price Return Index - Benchmark Price Return, while BSJO is a High Yield Bonds fund tracking the NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. Both are passively managed. NRSH charges 0.75%/yr vs 0.42%/yr for BSJO.

Performance

NRSH vs. BSJO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aztlan North America Nearshoring Stock Selection ETF (NRSH) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NRSH

• 1D: 1.71%
• 1M: 9.60%
• YTD: 48.32%
• 6M: 44.73%
• 1Y: 59.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSJO

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NRSH vs. BSJO - Yearly Performance Comparison

	2026 (YTD)
NRSH Aztlan North America Nearshoring Stock Selection ETF	41.94%
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%

Return for Risk

NRSH vs. BSJO — 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: 76
NRSH Sortino Ratio Rank: 67
NRSH Omega Ratio Rank: 65
NRSH Calmar Ratio Rank: 91
NRSH Martin Ratio Rank: 84

BSJO

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

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.

NRSH vs. BSJO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aztlan North America Nearshoring Stock Selection ETF (NRSH) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). 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.

	NRSH	BSJO	Difference
Sharpe ratio: Return per unit of total volatility	2.32	—	—
Sortino ratio: Return per unit of downside risk	2.97	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	5.48	—	—
Martin ratio: Return relative to average drawdown	16.66	—	—

Drawdowns

NRSH vs. BSJO - Drawdown Comparison

The maximum NRSH drawdown since its inception was -24.01%, which is greater than BSJO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NRSH and BSJO.

Drawdown Indicators

	NRSH	BSJO	Difference
Max Drawdown Largest peak-to-trough decline	-24.01%	0.00%	-24.01%
Max Drawdown (1Y) Largest decline over 1 year	-10.94%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.56%	0.00%	-5.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.59%	—	—

Volatility

Volatility by Period

	NRSH	BSJO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.85%	0.00%	+25.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.00%	0.00%	+22.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.00%	0.00%	+22.00%

NRSH vs. BSJO - Expense Ratio Comparison

NRSH has a 0.75% expense ratio, which is higher than BSJO's 0.42% expense ratio.

Dividends

NRSH vs. BSJO - Dividend Comparison

NRSH's dividend yield for the trailing twelve months is around 0.28%, while BSJO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%
NRSH Aztlan North America Nearshoring Stock Selection ETF	0.28%	0.42%	0.90%	0.17%

Frequently Asked Questions

Which ETF is better, NRSH or BSJO?

On fees, BSJO is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NRSH or BSJO?

BSJO is cheaper with a 0.42% expense ratio, compared with 0.75% for NRSH.

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

NRSH has the higher dividend yield at 0.28%, compared with 0.00% for BSJO.

What is the main difference between NRSH and BSJO?

NRSH is categorized as Large Cap Blend Equities, while BSJO is High Yield Bonds. NRSH tracks Aztlan North America Nearshoring Price Return Index - Benchmark Price Return, while BSJO tracks NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. They also come from different issuers: Aztlan and Invesco. Their fees differ too: 0.75% for NRSH and 0.42% for BSJO.