NRSH vs PVI

Comparison between AZTLAN NORTH AMERICA NEARSHORING STOCK SELECTION ETF (NRSH, ETF) and INVESCO FLOATING RATE MUNICIPAL INCOME ETF (PVI, ETF).

NRSH vs PVI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NRSH(ETF)	PVI(ETF)
Net Assets	$34M	$34M
Expense Ratio	0.76%	0.25%
Max Drawdown	24.69%	5.21%
Sharpe Ratio	1.47	-0.56
5Y Beta	0.98	0.02
P/E Ratio	43.48	N/A
Forward P/E	21.15	N/A
PEG Ratio	0.34	N/A
5Y Dividends CAGR	N/A	167.53%
5Y EPS CAGR	20.56%	N/A
Debt to Equity	41.60%	N/A
P/S Ratio	3.05	N/A
P/B Ratio	8.08	N/A

Net Assets

NRSH

$34M

PVI

$34M

Expense Ratio

NRSH

0.76%

Winner

PVI

0.25%

Max Drawdown

NRSH

24.69%

Winner

PVI

5.21%

Sharpe Ratio

Winner

NRSH

1.47

PVI

-0.56

5Y Beta

NRSH

0.98

Winner

PVI

0.02

P/E Ratio

NRSH

43.48

PVI

N/A

Forward P/E

NRSH

21.15

PVI

N/A

PEG Ratio

NRSH

0.34

PVI

N/A

5Y Dividends CAGR

NRSH

N/A

PVI

167.53%

5Y EPS CAGR

NRSH

20.56%

PVI

N/A

Debt to Equity

NRSH

41.60%

PVI

N/A

P/S Ratio

NRSH

3.05

PVI

N/A

P/B Ratio

NRSH

8.08

PVI

N/A

NRSH vs PVI - Historical Returns

Returns include dividend reinvestment.

Period	NRSH	PVI
1 month	-6.06%	+0.18%
3 months	+13.23%	+1.05%
6 months	+25.53%	+1.39%
1 year	+48.42%	+2.17%
5 years(CAGR)	N/A	+1.97%
10 years(CAGR)	N/A	+1.32%
Max(CAGR)	+19.61%	+1.00%

NRSH

-6.06%

Winner

PVI

+0.18%

Winner

NRSH

+13.23%

PVI

+1.05%

Winner

NRSH

+25.53%

PVI

+1.39%

Winner

NRSH

+48.42%

PVI

+2.17%

5Y(CAGR)

NRSH

N/A

PVI

+1.97%

10Y(CAGR)

NRSH

N/A

PVI

+1.32%

Max(CAGR)

Winner

NRSH

+19.61%

PVI

+1.00%

NRSH vs PVI - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	NRSH	PVI
2026	+36.17%	+1.05%
2025	+13.24%	+2.64%
2024	-5.73%	+2.43%
2023	+8.65%	+2.71%
2022	N/A	+0.90%
2021	N/A	-0.08%
2020	N/A	+0.13%
2019	N/A	+1.24%
2018	N/A	+1.13%
2017	N/A	+0.53%
2016	N/A	+0.25%
2015	N/A	-0.18%
2014	N/A	-0.08%
2013	N/A	+0.03%
2012	N/A	+0.13%
2011	N/A	+0.65%
2010	N/A	+0.33%
2009	N/A	+0.96%
2008	N/A	+3.44%
2007	N/A	+0.49%

NRSH vs PVI Drawdown Comparison

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

The maximum drawdown for PVI was -4.10%, occurring on Feb 29, 2008. Recovery took 347 trading sessions.

The current NRSH drawdown is -6.41%. The current PVI drawdown is -0.16%.

Rank	NRSH	PVI
#1	-24.01% Nov 6, 2024 - Oct 20, 2025	-4.10% Jan 25, 2008 - Jun 11, 2009
#2	-10.94% Oct 31, 2025 - Jan 15, 2026	-1.17% Oct 2, 2024 - Jan 10, 2025
#3	-10.03% Dec 27, 2023 - Aug 23, 2024	-1.04% Oct 26, 2010 - Nov 15, 2010
#4	-9.98% Feb 20, 2026 - Apr 8, 2026	-0.99% Sep 4, 2025 - Oct 27, 2025
#5	-7.96% Jun 30, 2026 - Jul 20, 2026	-0.80% Mar 27, 2025 - Apr 9, 2025
#6	-7.85% Jun 3, 2026 - Jun 22, 2026	-0.68% Mar 20, 2020 - Oct 24, 2022
#7	-6.81% Jan 28, 2026 - Feb 20, 2026	-0.65% Dec 31, 2025 - Feb 3, 2026
#8	-6.23% May 6, 2026 - May 26, 2026	-0.65% Mar 27, 2026 - May 19, 2026
#9	-4.17% Oct 16, 2024 - Nov 6, 2024	-0.65% Oct 27, 2025 - Dec 22, 2025
#10	-4.05% Sep 19, 2024 - Oct 16, 2024	-0.60% Feb 3, 2026 - Mar 13, 2026
#11	-3.70% Jun 22, 2026 - Jun 30, 2026	-0.60% Jun 24, 2026 - Jul 13, 2026
#12	-3.31% Aug 23, 2024 - Sep 16, 2024	-0.60% Jul 19, 2013 - Mar 17, 2017
#13	-2.82% Dec 4, 2023 - Dec 14, 2023	-0.58% Mar 1, 2018 - May 23, 2018
#14	-1.95% Jan 16, 2026 - Jan 27, 2026	-0.52% Feb 24, 2020 - Mar 19, 2020
#15	-1.89% Apr 27, 2026 - Apr 30, 2026	-0.48% Feb 21, 2025 - Mar 24, 2025

Correlation

Correlation between NRSH and PVI is 0.70 which considered as a strong positive correlation - the stocks tend to move together.

0.70

-101

Dividend Comparison (2007 - 2026)

NRSH vs PVI dividend yield comparison.

Year	NRSH	PVI
2026	0.00%	1.23%
2025	0.42%	2.22%
2024	0.90%	2.72%
2023	0.17%	3.36%
2022	0.00%	0.56%
2020	0.00%	0.36%
2019	0.00%	1.15%
2018	0.00%	1.14%
2017	0.00%	0.56%
2016	0.00%	0.13%
2015	0.00%	0.00%
2014	0.00%	0.00%
2013	0.00%	0.03%
2012	0.00%	0.17%
2011	0.00%	0.52%
2010	0.00%	0.33%
2009	0.00%	1.23%
2008	0.00%	3.38%
2007	0.00%	0.41%