CAAA vs NRSH

Comparison between FIRST TRUST AAA CMBS ETF (CAAA, ETF) and AZTLAN NORTH AMERICA NEARSHORING STOCK SELECTION ETF (NRSH, ETF).

CAAA vs NRSH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CAAA(ETF)	NRSH(ETF)
Net Assets	$33M	$32M
Expense Ratio	0.30%	0.76%
Max Drawdown	3.67%	24.69%
Sharpe Ratio	0.53	1.67
5Y Beta	0.02	0.96
P/E Ratio	N/A	57.75
Forward P/E	N/A	26.75
PEG Ratio	N/A	0.03
5Y EPS CAGR	N/A	17.96%
Debt to Equity	N/A	47.32%
P/S Ratio	N/A	3.45
P/B Ratio	N/A	9.94

Net Assets

Winner

CAAA

$33M

NRSH

$32M

Expense Ratio

Winner

CAAA

0.30%

NRSH

0.76%

Max Drawdown

Winner

CAAA

3.67%

NRSH

24.69%

Sharpe Ratio

CAAA

0.53

Winner

NRSH

1.67

5Y Beta

Winner

CAAA

0.02

NRSH

0.96

P/E Ratio

CAAA

N/A

NRSH

57.75

Forward P/E

CAAA

N/A

NRSH

26.75

PEG Ratio

CAAA

N/A

NRSH

0.03

5Y EPS CAGR

CAAA

N/A

NRSH

17.96%

Debt to Equity

CAAA

N/A

NRSH

47.32%

P/S Ratio

CAAA

N/A

NRSH

3.45

P/B Ratio

CAAA

N/A

NRSH

9.94

CAAA vs NRSH - Holdings Comparison

CAAA and NRSH have 0 common holdings. Overlap is 0.00%

CAAA's top 25 holdings weight is 4.13%. NRSH's top 25 holdings weight is 88.66%.

Rank	CAAA	NRSH
#1	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 4.13%	MICRON TECHNOLOGY INC (MU) - 5.95%
#2	N/A	SANMINA CORP (SANM) - 5.30%
#3	N/A	STERLING INFRASTRUCTURE INC (STRL) - 5.24%
#4	N/A	CIENA CORP (CIEN) - 4.43%
#5	N/A	CELESTICA INC ORDINARY SHARES (SUBORDINATE VOTING) (n/a) - 4.26%
#6	N/A	MYR GROUP INC (MYRG) - 4.11%
#7	N/A	LAM RESEARCH CORP (LRCX) - 3.75%
#8	N/A	MICROCHIP TECHNOLOGY INC (MCHP) - 3.73%
#9	N/A	TFI INTERNATIONAL INC (n/a) - 3.72%
#10	N/A	BROADCOM INC (AVGO) - 3.56%
#11	N/A	MERCURY SYSTEMS INC (MRCY) - 3.44%
#12	N/A	DYCOM INDUSTRIES INC (DY) - 3.33%
#13	N/A	ANALOG DEVICES INC (ADI) - 3.30%
#14	N/A	JB HUNT TRANSPORT SERVICES INC (JBHT) - 3.28%
#15	N/A	MULLEN GROUP LTD (n/a) - 3.25%
#16	N/A	RYERSON HOLDING CORP (RYZ) - 3.23%
#17	N/A	ASTRONICS CORP (ATRO) - 3.19%
#18	N/A	MASTEC INC (MTZ) - 3.01%
#19	N/A	ATI INC (ATI) - 3.00%
#20	N/A	DXP ENTERPRISES INC (DXPE) - 2.80%
#21	N/A	PROLOGISPROPERTY MEXICO SA DE CV CERTIFICADOS BURSATILES FIDUCIARIOS INMOBI (n/a) - 2.73%
#22	N/A	GE AEROSPACE (GE) - 2.53%
#23	N/A	HOWMET AEROSPACE INC (HWM) - 2.52%
#24	N/A	C.H. ROBINSON WORLDWIDE INC (CHRW) - 2.51%
#25	N/A	API GROUP CORP (APG) - 2.49%
Total Holdings	1	34

CAAA vs NRSH - Historical Returns

Returns include dividend reinvestment.

Period	CAAA	NRSH
1 month	+0.12%	+6.86%
3 months	+0.79%	+38.43%
6 months	+1.43%	+41.83%
1 year	+5.17%	+54.03%
Max(CAGR)	+5.94%	+22.50%

CAAA

+0.12%

Winner

NRSH

+6.86%

CAAA

+0.79%

Winner

NRSH

+38.43%

CAAA

+1.43%

Winner

NRSH

+41.83%

CAAA

+5.17%

Winner

NRSH

+54.03%

Max(CAGR)

CAAA

+5.94%

Winner

NRSH

+22.50%

CAAA vs NRSH - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	CAAA	NRSH
2026	+0.96%	+41.90%
2025	+7.92%	+13.24%
2024	+4.65%	-5.73%
2023	N/A	+8.65%

CAAA vs NRSH Drawdown Comparison

The maximum drawdown for CAAA was -2.24%, occurring on Nov 13, 2024. Recovery took 107 trading sessions.

The maximum drawdown for NRSH was -24.01%, occurring on Apr 8, 2025. Recovery took 237 trading sessions.

The current CAAA drawdown is -0.67%. The current NRSH drawdown is -1.84%.

Rank	CAAA	NRSH
#1	-2.24% Sep 17, 2024 - Feb 21, 2025	-24.01% Nov 6, 2024 - Oct 20, 2025
#2	-2.08% Feb 17, 2026 - Mar 27, 2026	-10.94% Oct 31, 2025 - Jan 15, 2026
#3	-1.63% Mar 27, 2024 - Jun 3, 2024	-10.03% Dec 27, 2023 - Aug 23, 2024
#4	-1.47% Apr 4, 2025 - Apr 28, 2025	-9.98% Feb 20, 2026 - Apr 8, 2026
#5	-1.01% Sep 15, 2025 - Oct 27, 2025	-7.85% Jun 3, 2026 - Jun 10, 2026
#6	-0.97% May 1, 2025 - Jun 4, 2025	-6.81% Jan 28, 2026 - Feb 20, 2026
#7	-0.90% Aug 5, 2024 - Aug 21, 2024	-6.23% May 6, 2026 - May 26, 2026
#8	-0.83% Nov 28, 2025 - Jan 12, 2026	-4.17% Oct 16, 2024 - Nov 6, 2024
#9	-0.83% Jun 30, 2025 - Aug 1, 2025	-4.05% Sep 19, 2024 - Oct 16, 2024
#10	-0.79% Mar 8, 2024 - Mar 27, 2024	-3.31% Aug 23, 2024 - Sep 16, 2024
#11	-0.72% Jun 18, 2024 - Jul 5, 2024	-2.82% Dec 4, 2023 - Dec 14, 2023
#12	-0.62% Jun 6, 2024 - Jun 13, 2024	-1.95% Jan 16, 2026 - Jan 27, 2026
#13	-0.59% Jul 16, 2024 - Jul 31, 2024	-1.89% Apr 27, 2026 - Apr 30, 2026
#14	-0.56% Jan 12, 2026 - Feb 5, 2026	-1.87% Oct 21, 2025 - Oct 23, 2025
#15	-0.53% Oct 27, 2025 - Nov 18, 2025	-1.21% Dec 19, 2023 - Dec 21, 2023