SECT vs. NRSH

Last updated Aug 4, 2026

SECT (Main Sector Rotation ETF) and NRSH (Aztlan North America Nearshoring Stock Selection ETF) are both Large Cap Blend Equities funds. SECT is actively managed, while NRSH is passively managed. Over the past year, SECT returned 23.38% vs 50.05% for NRSH. Their 0.68 correlation means they have sometimes moved together and sometimes differently. SECT charges 0.78%/yr vs 0.75%/yr for NRSH.

Performance

SECT vs. NRSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Main Sector Rotation ETF (SECT) 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, SECT achieves a 10.61% return, which is significantly lower than NRSH's 35.88% return.

SECT

• 1D: 1.23%
• 1M: 0.06%
• 6M: 9.46%
• YTD: 10.61%
• 1Y: 23.38%
• 3Y*: 18.31%
• 5Y*: 12.13%
• 10Y*: —
• ALL TIME*: 13.46%

NRSH

• 1D: 1.65%
• 1M: -3.34%
• 6M: 23.82%
• YTD: 35.88%
• 1Y: 50.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.42%

*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)
NRSH Aztlan North America Nearshoring Stock Selection ETF	$198.65K	$150.08K	$89.39K
SECT Main Sector Rotation ETF	$7.17M	$6.89M	$6.82M

SECT vs. NRSH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SECT Main Sector Rotation ETF	10.61%	17.80%	18.61%	5.49%
NRSH Aztlan North America Nearshoring Stock Selection ETF	35.88%	12.95%	-6.17%	9.15%

Correlation

The correlation between SECT and NRSH is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (All Time) Calculated using the full available price history since Nov 30, 2023	0.68

The correlation between SECT and NRSH shifts across timeframes, from 0.68 (all time) to 0.81 (1 year), reflecting how their relationship changes across market environments.

SECT vs. NRSH - Sectors Allocation Comparison

Sectors	SECT	NRSH
Technology	44.8%	56.1%
Financial Services	18.0%	-
Industrials	12.0%	41.1%
Consumer Cyclical	10.2%	-
Utilities	6.2%	-
Energy	3.6%	2.5%
Basic Materials	3.4%	-
Communication Services	1.2%	-
Consumer Defensive	0.4%	-
Healthcare	0.2%	-
Real Estate	0.0%	2.8%

Return for Risk

SECT vs. NRSH — Risk / Return Rank

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

SECT

SECT Risk / Return Rank: 65
SECT Sharpe Ratio Rank: 67
SECT Sortino Ratio Rank: 65
SECT Omega Ratio Rank: 64
SECT Calmar Ratio Rank: 60
SECT Martin Ratio Rank: 68

NRSH

NRSH Risk / Return Rank: 77
NRSH Sharpe Ratio Rank: 76
NRSH Sortino Ratio Rank: 71
NRSH Omega Ratio Rank: 67
NRSH Calmar Ratio Rank: 87
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.

SECT vs. NRSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Main Sector Rotation ETF (SECT) 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.

	SECT	NRSH	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.83	-0.23
Sortino ratio: Return per unit of downside risk	2.22	2.44	-0.22
Omega ratio: Gain probability vs. loss probability	1.28	1.30	-0.02
Calmar ratio: Return relative to maximum drawdown	2.19	3.63	-1.44
Martin ratio: Return relative to average drawdown	8.53	12.40	-3.86

SECT vs. NRSH - Sharpe Ratio Comparison

The current SECT Sharpe Ratio is 1.61, which is comparable to the NRSH Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of SECT 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

SECT vs. NRSH - Drawdown Comparison

The maximum SECT drawdown since its inception was -38.09%, which is greater than NRSH's maximum drawdown of -24.01%. Use the drawdown chart below to compare losses from any high point for SECT and NRSH.

Drawdown Indicators

	SECT	NRSH	Difference
Max Drawdown Largest peak-to-trough decline	-38.09%	-24.01%	-14.08%
Max Drawdown (1Y) Largest decline over 1 year	-10.71%	-13.84%	+3.13%
Max Drawdown (3Y) Largest decline over 3 years	-21.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.71%	—	—
Current Drawdown Current decline from peak	-1.63%	-8.72%	+7.09%
Average Drawdown Average peak-to-trough decline	-4.61%	-5.58%	+0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	4.05%	-1.30%

Volatility

SECT vs. NRSH - Volatility Comparison

The current volatility for Main Sector Rotation ETF (SECT) is 4.75%, while Aztlan North America Nearshoring Stock Selection ETF (NRSH) has a volatility of 8.71%. This indicates that SECT 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

	SECT	NRSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.75%	8.71%	-3.96%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	23.07%	-11.26%
Volatility (1Y) Calculated over the trailing 1-year period	14.66%	27.49%	-12.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.02%	22.50%	-4.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.12%	22.50%	-2.38%

SECT vs. NRSH - Expense Ratio Comparison

SECT has a 0.78% expense ratio, which is higher than NRSH's 0.75% expense ratio.

Dividends

SECT vs. NRSH - Dividend Comparison

SECT's dividend yield for the trailing twelve months is around 0.73%, more than NRSH's 0.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
NRSH Aztlan North America Nearshoring Stock Selection ETF	0.31%	0.42%	0.90%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SECT Main Sector Rotation ETF	0.73%	0.32%	0.45%	0.84%	0.86%	0.60%	1.37%	0.77%	1.67%	0.50%

Frequently Asked Questions

Can I hold both SECT and NRSH in my portfolio?

SECT and NRSH have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SECT or NRSH?

NRSH has higher volatility (8.71%) compared to SECT (4.75%). In terms of maximum drawdown, SECT dropped -38.09% vs NRSH's -24.01%.

Which ETF is better, SECT or NRSH?

On 1-year performance, NRSH leads with 50.05% vs 23.38% for SECT. On fees, NRSH is cheaper at 0.75% per year. On volatility, SECT has been the lower-risk option at 4.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SECT or NRSH?

Over the 1-year period, NRSH has performed better with a 50.05% return vs 23.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SECT or NRSH?

NRSH is cheaper with a 0.75% expense ratio, compared with 0.78% for SECT.

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

SECT has the higher dividend yield at 0.73%, compared with 0.31% for NRSH.

What is the main difference between SECT and NRSH?

They also come from different issuers: Main and Aztlan. Their fees differ too: 0.78% for SECT and 0.75% for NRSH.

Which has better risk-adjusted returns?

NRSH currently has the higher Sharpe Ratio (1.83 vs 1.60), 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.