NRSH vs QQQ
Aztlan North America Nearshoring Stock Selection ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. NRSH delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | NRSH | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.76% | 0.18% | |
| AUM | $34M | $496.3B | |
| Dividend Yield | 0.31% | 0.44% | |
| Holdings | 33 | 108 | |
| YTD Return | +33.16% | +16.64% | |
| 1Y Return | +48.52% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 23.1% | 30.6% | |
| Max Drawdown | -24.0% | -83.0% | |
| Fund Family | Aztlan Equity Management, LLC | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Nov 29, 2023 | Mar 10, 1999 |
NRSH vs QQQ Performance
Aztlan North America Nearshoring Stock Selection ETF (NRSH) is a ETF from Aztlan Equity Management, LLC and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NRSH returned +48.52% while QQQ returned +27.27%. Year to date, NRSH is up 33.16% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 23.1% for NRSH. 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 -24.0% for NRSH and -83.0% for QQQ. 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NRSH charges 0.76% per year while QQQ charges 0.18%. On a $10,000 position that is $76 vs $18 annually, a gap of $58 per year that compounds over a long holding period. On income, NRSH currently yields 0.31% against 0.44% for QQQ.
Holdings Overlap
NRSH and QQQ share 8 holdings out of 126 unique holdings combined, representing a 16.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NRSH or QQQ?
NRSH has an expense ratio of 0.76% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $58 per year of difference.
Which performed better, NRSH or QQQ?
Over the past year NRSH returned +48.52% vs +27.27% for QQQ, so NRSH leads on 1-year performance. Over the longest common window we track (3 years), NRSH annualized +17.98% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, NRSH or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 23.1% for NRSH. Worst drawdown: NRSH -24.0% vs QQQ -83.0%.
Should I hold both NRSH and QQQ?
NRSH and QQQ have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NRSH and QQQ?
NRSH and QQQ share 8 common holdings with a 16.6% weight overlap. Combined, they hold 126 unique securities.
Which pays a higher dividend, NRSH or QQQ?
NRSH yields 0.31% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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