BATT.L vs. NUKL.DE
BATT.L (L&G Battery Value-Chain UCITS ETF) and NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) are both exchange-traded funds - BATT.L is a Alternative Energy Equities fund tracking the Solactive Battery Value-Chain Index, 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, BATT.L returned 28.19%/yr vs 45.78%/yr for NUKL.DE. A 0.57 correlation means they provide meaningful diversification when combined. BATT.L charges 0.49%/yr vs 0.55%/yr for NUKL.DE.
Performance
BATT.L vs. NUKL.DE - Performance Comparison
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Different Trading Currencies
BATT.L is traded in USD, while NUKL.DE is traded in EUR. To make them comparable, the NUKL.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BATT.L achieves a 35.17% return, which is significantly higher than NUKL.DE's 10.39% return.
BATT.L
- 1D
- -2.55%
- 1M
- -1.49%
- YTD
- 35.17%
- 6M
- 40.03%
- 1Y
- 128.07%
- 3Y*
- 28.19%
- 5Y*
- 16.19%
- 10Y*
- —
NUKL.DE
- 1D
- 0.99%
- 1M
- -2.00%
- YTD
- 10.39%
- 6M
- 3.91%
- 1Y
- 53.41%
- 3Y*
- 45.78%
- 5Y*
- —
- 10Y*
- —
BATT.L vs. NUKL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BATT.L L&G Battery Value-Chain UCITS ETF | 35.17% | 71.43% | -1.20% | -5.68% |
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A | 10.39% | 71.04% | 30.14% | 28.26% |
Correlation
The correlation between BATT.L and NUKL.DE is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023 | 0.57 |
The correlation between BATT.L and NUKL.DE has been stable across timeframes, ranging from 0.56 to 0.63 - a consistent structural relationship.
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Return for Risk
BATT.L vs. NUKL.DE — Risk / Return Rank
BATT.L
NUKL.DE
BATT.L vs. NUKL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Battery Value-Chain UCITS ETF (BATT.L) 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.
| BATT.L | NUKL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.99 | ||
| Sortino ratioReturn per unit of downside risk | +2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.22 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 8.95 | 1.90 | +7.05 |
| Martin ratioReturn relative to average drawdown | 30.19 | 4.65 | +25.54 |
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
| BATT.L | NUKL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.24 | 1.25 | +2.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 1.18 | -0.47 |
Drawdowns
BATT.L vs. NUKL.DE - Drawdown Comparison
The maximum BATT.L drawdown since its inception was -39.70%, which is greater than NUKL.DE's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for BATT.L and NUKL.DE.
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Drawdown Indicators
| BATT.L | NUKL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.70% | -34.33% | -5.37% |
Max Drawdown (1Y)Largest decline over 1 year | -14.23% | -27.96% | +13.73% |
Max Drawdown (3Y)Largest decline over 3 years | -33.90% | -34.33% | +0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -33.90% | — | — |
Current DrawdownCurrent decline from peak | -5.46% | -13.36% | +7.90% |
Average DrawdownAverage peak-to-trough decline | -12.01% | -7.21% | -4.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.23% | 11.46% | -7.23% |
Volatility
BATT.L vs. NUKL.DE - Volatility Comparison
L&G Battery Value-Chain UCITS ETF (BATT.L) and VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) have volatilities of 11.35% and 11.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BATT.L | NUKL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.35% | 11.43% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 23.92% | 29.57% | -5.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.01% | 42.40% | -12.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.51% | 34.73% | -9.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.15% | 34.73% | -9.58% |
BATT.L vs. NUKL.DE - Expense Ratio Comparison
BATT.L has a 0.49% expense ratio, which is lower than NUKL.DE's 0.55% expense ratio.
Dividends
BATT.L vs. NUKL.DE - Dividend Comparison
Neither BATT.L nor NUKL.DE has paid dividends to shareholders.
Frequently Asked Questions
BATT.L and NUKL.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BATT.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BATT.L is cheaper with a 0.49% expense ratio, compared with 0.55% for NUKL.DE.
BATT.L is categorized as Alternative Energy Equities, while NUKL.DE is Energy Equities. BATT.L tracks Solactive Battery Value-Chain Index, while NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure. They also come from different issuers: Legal & General and VanEck. Their fees differ too: 0.49% for BATT.L and 0.55% for NUKL.DE.
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