VTI vs. NRSH

Last updated Aug 5, 2026

VTI (Vanguard Total Stock Market ETF) and NRSH (Aztlan North America Nearshoring Stock Selection ETF) are both Large Cap Blend Equities funds - VTI tracks the CRSP US Total Market Index while NRSH tracks the Aztlan North America Nearshoring Price Return Index - Benchmark Price Return. Both are passively managed. Over the past year, VTI returned 24.07% vs 53.96% for NRSH. Their 0.69 correlation means they have sometimes moved together and sometimes differently. VTI charges 0.03%/yr vs 0.75%/yr for NRSH.

Performance

VTI vs. NRSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Stock Market ETF (VTI) 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, VTI achieves a 14.27% return, which is significantly lower than NRSH's 41.14% return.

VTI

• 1D: 1.87%
• 1M: 3.27%
• 6M: 12.73%
• YTD: 14.27%
• 1Y: 24.07%
• 3Y*: 21.13%
• 5Y*: 12.31%
• 10Y*: 14.87%
• ALL TIME*: 9.72%

NRSH

• 1D: 3.87%
• 1M: 0.39%
• 6M: 27.35%
• YTD: 41.14%
• 1Y: 53.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.09%

*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	$197.18K	$143.31K	$89.21K
VTI Vanguard Total Stock Market ETF	$1.13B	$1.17B	$1.24B

VTI vs. NRSH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VTI Vanguard Total Stock Market ETF	14.27%	17.10%	23.81%	5.73%
NRSH Aztlan North America Nearshoring Stock Selection ETF	41.14%	12.95%	-6.17%	9.15%

Correlation

The correlation between VTI and NRSH is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.79
Correlation (All Time) Calculated using the full available price history since Nov 30, 2023	0.69

The correlation between VTI and NRSH has been stable across timeframes, ranging from 0.69 to 0.79 - a consistent structural relationship.

VTI vs. NRSH - Sectors Allocation Comparison

Sectors	VTI	NRSH
Technology	36.1%	56.1%
Financial Services	11.8%	-
Industrials	10.2%	41.1%
Healthcare	9.7%	-
Consumer Cyclical	9.4%	-
Communication Services	9.1%	-
Consumer Defensive	4.3%	-
Energy	3.2%	2.5%
Real Estate	2.3%	2.8%
Utilities	2.2%	-
Basic Materials	1.9%	-

Return for Risk

VTI vs. NRSH — Risk / Return Rank

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

VTI

VTI Risk / Return Rank: 72
VTI Sharpe Ratio Rank: 72
VTI Sortino Ratio Rank: 70
VTI Omega Ratio Rank: 70
VTI Calmar Ratio Rank: 70
VTI Martin Ratio Rank: 80

NRSH

NRSH Risk / Return Rank: 77
NRSH Sharpe Ratio Rank: 76
NRSH Sortino Ratio Rank: 71
NRSH Omega Ratio Rank: 66
NRSH Calmar Ratio Rank: 88
NRSH Martin Ratio Rank: 85

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.

VTI vs. NRSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) 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.

	VTI	NRSH	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.96	-0.11
Sortino ratio: Return per unit of downside risk	2.55	2.59	-0.04
Omega ratio: Gain probability vs. loss probability	1.33	1.32	+0.01
Calmar ratio: Return relative to maximum drawdown	2.71	3.92	-1.21
Martin ratio: Return relative to average drawdown	11.68	13.32	-1.64

VTI vs. NRSH - Sharpe Ratio Comparison

The current VTI Sharpe Ratio is 1.85, which is comparable to the NRSH Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of VTI 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

VTI vs. NRSH - Drawdown Comparison

The maximum VTI drawdown since its inception was -55.45%, which is greater than NRSH's maximum drawdown of -24.01%. Use the drawdown chart below to compare losses from any high point for VTI and NRSH.

Drawdown Indicators

	VTI	NRSH	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-24.01%	-31.44%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-13.84%	+4.92%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	—	—
Current Drawdown Current decline from peak	0.00%	-5.19%	+5.19%
Average Drawdown Average peak-to-trough decline	-7.98%	-5.58%	-2.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	4.06%	-1.99%

Volatility

VTI vs. NRSH - Volatility Comparison

The current volatility for Vanguard Total Stock Market ETF (VTI) is 4.13%, while Aztlan North America Nearshoring Stock Selection ETF (NRSH) has a volatility of 9.41%. This indicates that VTI 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

	VTI	NRSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	9.41%	-5.28%
Volatility (6M) Calculated over the trailing 6-month period	10.47%	23.31%	-12.84%
Volatility (1Y) Calculated over the trailing 1-year period	13.18%	27.68%	-14.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	22.61%	-5.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.32%	22.61%	-4.29%

VTI vs. NRSH - Expense Ratio Comparison

VTI has a 0.03% expense ratio, which is lower than NRSH's 0.75% expense ratio.

Dividends

VTI vs. NRSH - Dividend Comparison

VTI's dividend yield for the trailing twelve months is around 1.02%, more than NRSH's 0.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NRSH Aztlan North America Nearshoring Stock Selection ETF	0.29%	0.42%	0.90%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.02%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both VTI and NRSH in my portfolio?

VTI and NRSH have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTI or NRSH?

NRSH has higher volatility (9.41%) compared to VTI (4.13%). In terms of maximum drawdown, VTI dropped -55.45% vs NRSH's -24.01%.

Which ETF is better, VTI or NRSH?

On 1-year performance, NRSH leads with 53.96% vs 24.07% for VTI. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 4.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTI or NRSH?

Over the 1-year period, NRSH has performed better with a 53.96% return vs 24.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTI or NRSH?

VTI is cheaper with a 0.03% expense ratio, compared with 0.75% for NRSH.

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

VTI has the higher dividend yield at 1.02%, compared with 0.29% for NRSH.

What is the main difference between VTI and NRSH?

VTI tracks CRSP US Total Market Index, while NRSH tracks Aztlan North America Nearshoring Price Return Index - Benchmark Price Return. They also come from different issuers: Vanguard and Aztlan. Their fees differ too: 0.03% for VTI and 0.75% for NRSH.

Which has better risk-adjusted returns?

NRSH currently has the higher Sharpe Ratio (1.96 vs 1.85), 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.