Correlation
The correlation between NRSH and IVW is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
NRSH vs. IVW
Compare and contrast key facts about Aztlan North America Nearshoring Stock Selection ETF (NRSH) and iShares S&P 500 Growth ETF (IVW).
NRSH and IVW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NRSH is a passively managed fund by Aztlan that tracks the performance of the Aztlan North America Nearshoring Price Return Index - Benchmark Price Return. It was launched on Nov 29, 2023. IVW is a passively managed fund by iShares that tracks the performance of the S&P 500/Citigroup Growth Index. It was launched on May 22, 2000. Both NRSH and IVW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NRSH or IVW.
Performance
NRSH vs. IVW - Performance Comparison
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Key characteristics
NRSH:
0.38
IVW:
0.75
NRSH:
0.60
IVW:
1.19
NRSH:
1.07
IVW:
1.17
NRSH:
0.25
IVW:
0.86
NRSH:
0.66
IVW:
2.87
NRSH:
9.01%
IVW:
6.63%
NRSH:
20.57%
IVW:
25.11%
NRSH:
-24.01%
IVW:
-57.33%
NRSH:
-9.33%
IVW:
-2.61%
Returns By Period
In the year-to-date period, NRSH achieves a 4.72% return, which is significantly higher than IVW's 2.34% return.
NRSH
4.72%
8.07%
-7.47%
7.66%
N/A
N/A
N/A
IVW
2.34%
9.62%
4.10%
18.81%
17.12%
16.62%
14.78%
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NRSH vs. IVW - Expense Ratio Comparison
NRSH has a 0.75% expense ratio, which is higher than IVW's 0.18% expense ratio.
Risk-Adjusted Performance
NRSH vs. IVW — Risk-Adjusted Performance Rank
NRSH
IVW
NRSH vs. IVW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aztlan North America Nearshoring Stock Selection ETF (NRSH) and iShares S&P 500 Growth ETF (IVW). 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.
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Dividends
NRSH vs. IVW - Dividend Comparison
NRSH's dividend yield for the trailing twelve months is around 0.86%, more than IVW's 0.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRSH Aztlan North America Nearshoring Stock Selection ETF | 0.86% | 0.90% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVW iShares S&P 500 Growth ETF | 0.44% | 0.43% | 1.03% | 0.89% | 0.46% | 0.82% | 1.63% | 1.28% | 1.30% | 1.51% | 1.51% | 1.37% |
Drawdowns
NRSH vs. IVW - Drawdown Comparison
The maximum NRSH drawdown since its inception was -24.01%, smaller than the maximum IVW drawdown of -57.33%. Use the drawdown chart below to compare losses from any high point for NRSH and IVW.
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Volatility
NRSH vs. IVW - Volatility Comparison
Aztlan North America Nearshoring Stock Selection ETF (NRSH) and iShares S&P 500 Growth ETF (IVW) have volatilities of 5.53% and 5.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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