AS vs. NUKZ

Last updated Jun 13, 2026

AS (Amer Sports, Inc) is a stock, while NUKZ (Range Nuclear Renaissance ETF) is Energy Equities fund tracking the Range Nuclear Renaissance Index. Over the past year, AS returned -5.21% vs 27.91% for NUKZ. At a 0.37 correlation, their price movements are largely independent.

Performance

AS vs. NUKZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amer Sports, Inc (AS) 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, AS achieves a -5.06% return, which is significantly lower than NUKZ's 7.57% return.

AS

• 1D: -0.39%
• 1M: 8.18%
• YTD: -5.06%
• 6M: -7.56%
• 1Y: -5.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NUKZ

• 1D: 1.59%
• 1M: -5.07%
• YTD: 7.57%
• 6M: 4.81%
• 1Y: 27.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AS vs. NUKZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AS Amer Sports, Inc	-5.06%	33.58%	108.66%
NUKZ Range Nuclear Renaissance ETF	7.57%	56.57%	59.69%

Correlation

The correlation between AS and NUKZ is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024	0.37

Return for Risk

AS vs. NUKZ — Risk / Return Rank

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

AS

AS Risk / Return Rank: 36
AS Sharpe Ratio Rank: 38
AS Sortino Ratio Rank: 34
AS Omega Ratio Rank: 34
AS Calmar Ratio Rank: 37
AS Martin Ratio Rank: 37

NUKZ

NUKZ Risk / Return Rank: 31
NUKZ Sharpe Ratio Rank: 29
NUKZ Sortino Ratio Rank: 30
NUKZ Omega Ratio Rank: 27
NUKZ Calmar Ratio Rank: 39
NUKZ Martin Ratio Rank: 32

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.

AS vs. NUKZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amer Sports, Inc (AS) 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.

	AS	NUKZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.13	0.92	-1.05
Sortino ratio: Return per unit of downside risk	0.11	1.43	-1.32
Omega ratio: Gain probability vs. loss probability	1.01	1.17	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.18	1.70	-1.88
Martin ratio: Return relative to average drawdown	-0.36	4.11	-4.47

AS vs. NUKZ - Sharpe Ratio Comparison

The current AS Sharpe Ratio is -0.13, which is lower than the NUKZ Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of AS 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

AS vs. NUKZ - Drawdown Comparison

The maximum AS drawdown since its inception was -40.71%, which is greater than NUKZ's maximum drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for AS and NUKZ.

Drawdown Indicators

	AS	NUKZ	Difference
Max Drawdown Largest peak-to-trough decline	-40.71%	-33.03%	-7.68%
Max Drawdown (1Y) Largest decline over 1 year	-28.78%	-16.51%	-12.27%
Current Drawdown Current decline from peak	-15.49%	-10.39%	-5.10%
Average Drawdown Average peak-to-trough decline	-13.29%	-6.06%	-7.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.56%	6.80%	+7.76%

Volatility

AS vs. NUKZ - Volatility Comparison

The current volatility for Amer Sports, Inc (AS) is 10.17%, while Range Nuclear Renaissance ETF (NUKZ) has a volatility of 11.24%. This indicates that AS experiences smaller price fluctuations and is considered to be less risky than NUKZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AS	NUKZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.17%	11.24%	-1.07%
Volatility (6M) Calculated over the trailing 6-month period	29.10%	23.34%	+5.76%
Volatility (1Y) Calculated over the trailing 1-year period	41.31%	30.46%	+10.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.55%	32.94%	+16.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.55%	32.94%	+16.61%

Dividends

AS vs. NUKZ - Dividend Comparison

AS has not paid dividends to shareholders, while NUKZ's dividend yield for the trailing twelve months is around 0.85%.

Position	TTM	2025	2024
AS Amer Sports, Inc	0.00%	0.00%	0.00%
NUKZ Range Nuclear Renaissance ETF	0.85%	0.91%	0.09%

Frequently Asked Questions

Can I hold both AS and NUKZ in my portfolio?

AS and NUKZ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AS or NUKZ?

NUKZ has higher volatility (11.24%) compared to AS (10.17%). In terms of maximum drawdown, AS dropped -40.71% vs NUKZ's -33.03%.

Which has better risk-adjusted returns?

NUKZ currently has the higher Sharpe Ratio (0.92 vs -0.13), 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.