IVV vs NRSH
iShares Core S&P 500 ETF vs Aztlan North America Nearshoring Stock Selection ETF
Which is better, IVV or NRSH?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over the full window, NRSH over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 40.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | NRSH |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.76% |
| AUM | $876.4B | $32M |
| Dividend Yield | 1.06% | 0.31% |
| Holdings | 508 | 33 |
| YTD Return | +11.57% | +26.09%Best |
| 1Y Return | +17.57% | +33.65%Best |
| 3Y Return (annualized) | +20.71% | - |
| 5Y Return (annualized) | +12.80% | - |
| Volatility (annualized) | 11.8%Best | 23.0% |
| Max Drawdown | -18.8%Best | -24.0% |
| $10,000 over 2.8 years | $17,287Best | $14,901 |
| Top 10 Weight | 37.9%Best | 40.0% |
| Fund Family | iShares by BlackRock (US) | Aztlan Equity Management, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Nov 29, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 30, 2023 to Sep 10, 2026 (2.8 years).
IVV vs NRSH growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
IVV vs NRSH Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Aztlan North America Nearshoring Stock Selection ETF (NRSH) is an ETF from Aztlan Equity Management, LLC. Over the past year IVV returned +17.57% while NRSH returned +33.65%. Year to date, IVV is up 11.57% versus a gain of 26.09% for NRSH.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NRSH has been the more volatile fund, with annualized monthly volatility of 23.0% compared with 11.8% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.8% for IVV and -24.0% for NRSH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while NRSH charges 0.76%. On a $10,000 position that is $3 vs $76 annually, a gap of $73 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.31% for NRSH.
Holdings Overlap
15.4% of IVV's money is in holdings NRSH also owns. 56.7% of NRSH's money is in holdings IVV also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 505 positions we hold weights for in IVV and 31 in NRSH, against full books of 508 and 33.
What only one of them owns
Our book lists 11 positions for NRSH that do not appear in our book for IVV (30.0% of the fund), and 479 for IVV that do not appear in NRSH (84.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in NRSH | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 3.69% | 4.29% |
| AVGOBroadcom Inc | 2.98% | 3.45% | 0.47% |
| PLTRPalantir Technologies Inc | 0.55% | 4.53% | 3.98% |
| MUMicron Technology, Inc. | 1.51% | 3.46% | 1.95% |
| CRWDCrowdstrike Holdings Inc. Class A | 0.32% | 4.21% | 3.89% |
| NTAPNetapp Inc. | 0.06% | 4.25% | 4.19% |
| INTUIntuit, Inc. | 0.14% | 4.08% | 3.94% |
| LDOSLeidos Holdings, Inc | 0.02% | 3.92% | 3.90% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 3.13% | 2.41% |
| LRCXLam Research Corpcommon Stock | 0.58% | 3.15% | 2.57% |
56.7% of NRSH is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or NRSH?
IVV has an expense ratio of 0.03% while NRSH charges 0.76%. IVV is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, IVV or NRSH?
Over the past year IVV returned +17.57% vs +33.65% for NRSH, so NRSH leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or NRSH?
NRSH has been the more volatile fund at 23.0% annualized versus 11.8% for IVV. Worst drawdown: IVV -18.8% vs NRSH -24.0%.
Should I hold both IVV and NRSH?
IVV and NRSH have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and NRSH?
56.7% of NRSH's money is in holdings IVV also owns. 56.7% of NRSH's is in holdings IVV also owns. They hold 16 positions in common, counted across the 505 positions we hold weights for in IVV and 31 in NRSH.
Which pays a higher dividend, IVV or NRSH?
IVV yields 1.06% while NRSH yields 0.31%, so IVV currently pays the higher dividend yield.
Is NRSH better than IVV?
IVV has a lower expense ratio. IVV led over the full window, NRSH over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 40.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.