8PSB.DE vs. NUKL.DE
8PSB.DE (Invesco Physical Silver ETC) and NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) are both exchange-traded funds - 8PSB.DE is a Silver fund tracking the LBMA Silver Price, while NUKL.DE is a Energy Equities fund tracking the MarketVector Global Uranium and Nuclear Energy Infrastructure. Both are passively managed. Over the past 3 years, 8PSB.DE returned 42.18%/yr vs 41.91%/yr for NUKL.DE. At a 0.28 correlation, their price movements are largely independent. 8PSB.DE charges 0.19%/yr vs 0.55%/yr for NUKL.DE.
Performance
8PSB.DE vs. NUKL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 8PSB.DE achieves a -2.37% return, which is significantly lower than NUKL.DE's 11.67% return.
8PSB.DE
- 1D
- 0.37%
- 1M
- 1.00%
- YTD
- -2.37%
- 6M
- 29.53%
- 1Y
- 110.49%
- 3Y*
- 42.18%
- 5Y*
- —
- 10Y*
- —
NUKL.DE
- 1D
- 0.87%
- 1M
- -1.33%
- YTD
- 11.67%
- 6M
- 4.20%
- 1Y
- 50.82%
- 3Y*
- 41.91%
- 5Y*
- —
- 10Y*
- —
8PSB.DE vs. NUKL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
8PSB.DE Invesco Physical Silver ETC | -2.37% | 130.25% | 30.85% | 3.18% |
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A | 11.67% | 51.50% | 38.03% | 24.46% |
Correlation
The correlation between 8PSB.DE and NUKL.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023 | 0.28 |
The correlation between 8PSB.DE and NUKL.DE shifts across timeframes, from 0.28 (all time) to 0.41 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
8PSB.DE vs. NUKL.DE — Risk / Return Rank
8PSB.DE
NUKL.DE
8PSB.DE vs. NUKL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Silver ETC (8PSB.DE) and VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| 8PSB.DE | NUKL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.21 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 1.86 | +0.98 |
| Martin ratioReturn relative to average drawdown | 6.09 | 4.43 | +1.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 8PSB.DE | NUKL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 1.21 | +0.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 1.10 | -0.42 |
Drawdowns
8PSB.DE vs. NUKL.DE - Drawdown Comparison
The maximum 8PSB.DE drawdown since its inception was -38.62%, roughly equal to the maximum NUKL.DE drawdown of -37.52%. Use the drawdown chart below to compare losses from any high point for 8PSB.DE and NUKL.DE.
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Drawdown Indicators
| 8PSB.DE | NUKL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.62% | -37.52% | -1.10% |
Max Drawdown (1Y)Largest decline over 1 year | -38.62% | -27.12% | -11.50% |
Max Drawdown (3Y)Largest decline over 3 years | -38.62% | -37.52% | -1.10% |
Current DrawdownCurrent decline from peak | -33.51% | -12.83% | -20.68% |
Average DrawdownAverage peak-to-trough decline | -11.18% | -7.79% | -3.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.07% | 11.43% | +6.64% |
Volatility
8PSB.DE vs. NUKL.DE - Volatility Comparison
Invesco Physical Silver ETC (8PSB.DE) has a higher volatility of 16.36% compared to VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) at 11.05%. This indicates that 8PSB.DE's price experiences larger fluctuations and is considered to be riskier than NUKL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 8PSB.DE | NUKL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.36% | 11.05% | +5.31% |
Volatility (6M)Calculated over the trailing 6-month period | 51.95% | 28.97% | +22.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.17% | 41.82% | +16.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.63% | 34.24% | +0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.63% | 34.24% | +0.39% |
8PSB.DE vs. NUKL.DE - Expense Ratio Comparison
8PSB.DE has a 0.19% expense ratio, which is lower than NUKL.DE's 0.55% expense ratio.
Dividends
8PSB.DE vs. NUKL.DE - Dividend Comparison
Neither 8PSB.DE nor NUKL.DE has paid dividends to shareholders.
Frequently Asked Questions
8PSB.DE and NUKL.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 8PSB.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
8PSB.DE is cheaper with a 0.19% expense ratio, compared with 0.55% for NUKL.DE.
8PSB.DE is categorized as Silver, while NUKL.DE is Energy Equities. 8PSB.DE tracks LBMA Silver Price, while NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure. They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.19% for 8PSB.DE and 0.55% for NUKL.DE.
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