PVI vs NRSH

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

PVI vs NRSH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

PVI

$34M

NRSH

$34M

Expense Ratio

Winner

PVI

0.25%

NRSH

0.76%

Max Drawdown

Winner

PVI

5.21%

NRSH

24.69%

Sharpe Ratio

PVI

-0.56

Winner

NRSH

1.47

5Y Beta

Winner

PVI

0.02

NRSH

0.98

P/E Ratio

PVI

N/A

NRSH

43.48

Forward P/E

PVI

N/A

NRSH

21.15

PEG Ratio

PVI

N/A

NRSH

0.34

5Y Dividends CAGR

PVI

167.53%

NRSH

N/A

5Y EPS CAGR

PVI

N/A

NRSH

20.56%

Debt to Equity

PVI

N/A

NRSH

41.60%

P/S Ratio

PVI

N/A

NRSH

3.05

P/B Ratio

PVI

N/A

NRSH

8.08

PVI vs NRSH - Historical Returns

Returns include dividend reinvestment.

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

Winner

PVI

+0.18%

NRSH

-6.06%

PVI

+1.05%

Winner

NRSH

+13.23%

PVI

+1.39%

Winner

NRSH

+25.53%

PVI

+2.17%

Winner

NRSH

+48.42%

5Y(CAGR)

PVI

+1.97%

NRSH

N/A

10Y(CAGR)

PVI

+1.32%

NRSH

N/A

Max(CAGR)

PVI

+1.00%

Winner

NRSH

+19.61%

PVI vs NRSH - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

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

PVI vs NRSH Drawdown Comparison

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

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

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

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

Correlation

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

0.70

-101

Dividend Comparison (2007 - 2026)

PVI vs NRSH dividend yield comparison.

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