AMRZ vs. NUKZ

Last updated Jun 24, 2026

AMRZ (Amrize Ltd) is a stock, while NUKZ (Range Nuclear Renaissance ETF) is Energy Equities fund tracking the Range Nuclear Renaissance Index. Over the past year, AMRZ returned 2.57% vs 28.33% for NUKZ. At a 0.37 correlation, their price movements are largely independent.

Performance

AMRZ vs. NUKZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amrize Ltd (AMRZ) and Range Nuclear Renaissance ETF (NUKZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMRZ achieves a -1.40% return, which is significantly lower than NUKZ's 9.01% return.

AMRZ

• 1D: -1.57%
• 1M: 5.71%
• YTD: -1.40%
• 6M: -4.14%
• 1Y: 2.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NUKZ

• 1D: -2.63%
• 1M: -2.18%
• YTD: 9.01%
• 6M: 6.01%
• 1Y: 28.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMRZ vs. NUKZ - Yearly Performance Comparison

	2026 (YTD)	2025
AMRZ Amrize Ltd	-1.40%	5.32%
NUKZ Range Nuclear Renaissance ETF	9.01%	18.66%

Correlation

The correlation between AMRZ and NUKZ is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.37

Return for Risk

AMRZ vs. NUKZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMRZ

AMRZ Risk / Return Rank: 43
AMRZ Sharpe Ratio Rank: 46
AMRZ Sortino Ratio Rank: 40
AMRZ Omega Ratio Rank: 39
AMRZ Calmar Ratio Rank: 45
AMRZ Martin Ratio Rank: 45

NUKZ

NUKZ Risk / Return Rank: 29
NUKZ Sharpe Ratio Rank: 27
NUKZ Sortino Ratio Rank: 27
NUKZ Omega Ratio Rank: 25
NUKZ Calmar Ratio Rank: 36
NUKZ Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMRZ vs. NUKZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amrize Ltd (AMRZ) and Range Nuclear Renaissance ETF (NUKZ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMRZ	NUKZ	Difference
Sharpe ratio: Return per unit of total volatility	0.07	0.93	-0.86
Sortino ratio: Return per unit of downside risk	0.37	1.44	-1.07
Omega ratio: Gain probability vs. loss probability	1.04	1.17	-0.13
Calmar ratio: Return relative to maximum drawdown	0.10	1.72	-1.62
Martin ratio: Return relative to average drawdown	0.23	4.11	-3.88

AMRZ vs. NUKZ - Sharpe Ratio Comparison

The current AMRZ Sharpe Ratio is 0.07, which is lower than the NUKZ Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of AMRZ and NUKZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMRZ vs. NUKZ - Drawdown Comparison

The maximum AMRZ drawdown since its inception was -25.95%, smaller than the maximum NUKZ drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for AMRZ and NUKZ.

Drawdown Indicators

	AMRZ	NUKZ	Difference
Max Drawdown Largest peak-to-trough decline	-25.95%	-33.03%	+7.08%
Max Drawdown (1Y) Largest decline over 1 year	-25.95%	-16.51%	-9.44%
Current Drawdown Current decline from peak	-19.03%	-9.20%	-9.83%
Average Drawdown Average peak-to-trough decline	-9.15%	-6.08%	-3.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.24%	6.91%	+4.33%

Volatility

AMRZ vs. NUKZ - Volatility Comparison

Amrize Ltd (AMRZ) has a higher volatility of 12.20% compared to Range Nuclear Renaissance ETF (NUKZ) at 10.93%. This indicates that AMRZ's price experiences larger fluctuations and is considered to be riskier than NUKZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMRZ	NUKZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.20%	10.93%	+1.27%
Volatility (6M) Calculated over the trailing 6-month period	28.22%	23.18%	+5.04%
Volatility (1Y) Calculated over the trailing 1-year period	35.70%	30.61%	+5.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.70%	32.89%	+2.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.70%	32.89%	+2.81%

Dividends

AMRZ vs. NUKZ - Dividend Comparison

AMRZ's dividend yield for the trailing twelve months is around 1.04%, more than NUKZ's 0.84% yield.

Position	TTM	2025	2024
AMRZ Amrize Ltd	1.04%	0.00%	0.00%
NUKZ Range Nuclear Renaissance ETF	0.84%	0.91%	0.09%

Frequently Asked Questions

Can I hold both AMRZ and NUKZ in my portfolio?

AMRZ and NUKZ have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMRZ or NUKZ?

AMRZ has higher volatility (12.20%) compared to NUKZ (10.93%). In terms of maximum drawdown, AMRZ dropped -25.95% vs NUKZ's -33.03%.

Which has better risk-adjusted returns?

NUKZ currently has the higher Sharpe Ratio (0.93 vs 0.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.