IVV vs NRSH
iShares Core S&P 500 ETF vs Aztlan North America Nearshoring Stock Selection ETF
Quick Verdict
IVV has a lower expense ratio. NRSH delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | NRSH | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.76% | |
| AUM | $907.0B | $34M | |
| Dividend Yield | 1.10% | 0.31% | |
| Holdings | 508 | 33 | |
| YTD Return | +12.71% | +33.16% | |
| 1Y Return | +21.89% | +48.52% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 23.1% | |
| Max Drawdown | -56.5% | -24.0% | |
| Fund Family | iShares by BlackRock (US) | Aztlan Equity Management, LLC | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 29, 2023 |
IVV vs NRSH Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Aztlan North America Nearshoring Stock Selection ETF (NRSH) is a ETF from Aztlan Equity Management, LLC. Over the past year IVV returned +21.89% while NRSH returned +48.52%. Year to date, IVV is up 12.71% versus a gain of 33.16% for NRSH.
Risk: Volatility and Drawdowns
NRSH has been the more volatile fund, with annualized monthly volatility of 23.1% compared with 15.1% 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 -56.5% for IVV and -24.0% for NRSH. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 1.10% against 0.31% for NRSH.
Holdings Overlap
IVV and NRSH share 15 holdings out of 522 unique holdings combined, representing a 10.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $73 per year of difference.
Which performed better, IVV or NRSH?
Over the past year IVV returned +21.89% vs +48.52% for NRSH, so NRSH leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.00% vs +17.98% for NRSH. Past performance does not guarantee future results.
Which is riskier, IVV or NRSH?
NRSH has been the more volatile fund at 23.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs NRSH -24.0%.
Should I hold both IVV and NRSH?
IVV and NRSH have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and NRSH?
IVV and NRSH share 15 common holdings with a 10.1% weight overlap. Combined, they hold 522 unique securities.
Which pays a higher dividend, IVV or NRSH?
IVV yields 1.10% while NRSH yields 0.31%, so IVV currently pays the higher dividend yield.
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