VNMC vs. RSHO

Last updated Jun 26, 2026

VNMC (Natixis Vaughan Nelson Mid Cap ETF) and RSHO (Tema American Reshoring ETF) are both Mid Cap Blend Equities funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. VNMC charges 0.85%/yr vs 0.75%/yr for RSHO.

Performance

VNMC vs. RSHO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Natixis Vaughan Nelson Mid Cap ETF (VNMC) and Tema American Reshoring ETF (RSHO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VNMC

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

RSHO

• 1D: 0.00%
• 1M: 5.76%
• YTD: 39.40%
• 6M: 36.26%
• 1Y: 61.78%
• 3Y*: 30.96%
• 5Y*: —
• 10Y*: —

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

VNMC vs. RSHO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VNMC Natixis Vaughan Nelson Mid Cap ETF	0.00%	0.00%	10.34%	14.55%
RSHO Tema American Reshoring ETF	39.40%	19.23%	17.28%	28.90%

Correlation

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

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (All Time) Calculated using the full available price history since May 11, 2023	0.47

VNMC vs. RSHO - Sectors Allocation Comparison

Sectors	VNMC	RSHO
Industrials	24.0%	74.2%
Financial Services	16.9%	0.8%
Technology	15.6%	11.8%
Consumer Cyclical	10.8%	3.7%
Basic Materials	10.2%	8.1%
Healthcare	7.6%	-
Energy	5.9%	0.9%
Real Estate	4.6%	-
Communication Services	2.0%	-
Consumer Defensive	1.7%	-
Utilities	0.7%	-

Return for Risk

VNMC vs. RSHO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Natixis Vaughan Nelson Mid Cap ETF (VNMC) and Tema American Reshoring ETF (RSHO). 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.

	VNMC	RSHO	Difference
Sharpe ratio: Return per unit of total volatility	—	2.62	—
Sortino ratio: Return per unit of downside risk	—	3.41	—
Omega ratio: Gain probability vs. loss probability	—	1.43	—
Calmar ratio: Return relative to maximum drawdown	—	4.45	—
Martin ratio: Return relative to average drawdown	—	16.97	—

Drawdowns

Drawdown Indicators

	VNMC	RSHO	Difference
Max Drawdown Largest peak-to-trough decline	—	-27.31%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-27.31%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-4.27%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.83%	—

Volatility

Volatility by Period

	VNMC	RSHO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	24.93%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.82%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.82%	—

VNMC vs. RSHO - Expense Ratio Comparison

VNMC has a 0.85% expense ratio, which is higher than RSHO's 0.75% expense ratio.

Dividends

VNMC vs. RSHO - Dividend Comparison

Neither VNMC nor RSHO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
RSHO Tema American Reshoring ETF	0.21%	0.30%	0.26%	0.25%	0.00%	0.00%	0.00%
VNMC Natixis Vaughan Nelson Mid Cap ETF	0.00%	0.00%	0.49%	1.08%	4.30%	10.12%	0.20%

Frequently Asked Questions

Can I hold both VNMC and RSHO in my portfolio?

VNMC and RSHO 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, VNMC or RSHO?

On fees, RSHO is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VNMC or RSHO?

RSHO is cheaper with a 0.75% expense ratio, compared with 0.85% for VNMC.

Which ETF pays a higher dividend yield, VNMC or RSHO?

RSHO has the higher dividend yield at 0.21%, compared with 0.00% for VNMC.

What is the main difference between VNMC and RSHO?

They also come from different issuers: Groupe BPCE and Tema. Their fees differ too: 0.85% for VNMC and 0.75% for RSHO.