BND vs. NLR
BND (Vanguard Total Bond Market ETF) and NLR (VanEck Uranium and Nuclear ETF) are both exchange-traded funds - BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index, while NLR is a Alternative Energy Equities fund tracking the MVIS Global Uranium & Nuclear Energy Index. Both are passively managed. Over the past 10 years, BND returned 1.53%/yr vs 12.72%/yr for NLR. At a correlation of -0.03, they often move in opposite directions. BND charges 0.03%/yr vs 0.56%/yr for NLR.
Performance
BND vs. NLR - Performance Comparison
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Returns By Period
In the year-to-date period, BND achieves a -0.07% return, which is significantly higher than NLR's -0.79% return. Over the past 10 years, BND has underperformed NLR with an annualized return of 1.53%, while NLR has yielded a comparatively higher 12.72% annualized return.
BND
- 1D
- -0.03%
- 1M
- -0.67%
- YTD
- -0.07%
- 6M
- 0.23%
- 1Y
- 4.87%
- 3Y*
- 3.89%
- 5Y*
- -0.05%
- 10Y*
- 1.53%
NLR
- 1D
- 0.91%
- 1M
- -12.54%
- YTD
- -0.79%
- 6M
- -6.08%
- 1Y
- 26.72%
- 3Y*
- 31.16%
- 5Y*
- 20.16%
- 10Y*
- 12.72%
BND vs. NLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | -0.07% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
NLR VanEck Uranium and Nuclear ETF | -0.79% | 56.50% | 14.26% | 36.67% | 2.29% | 13.63% | 3.49% | 0.20% | 4.94% | 8.25% |
Correlation
The correlation between BND and NLR is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2007 | -0.03 |
The correlation between BND and NLR shifts across timeframes, from -0.03 (all time) to 0.14 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BND vs. NLR — Risk / Return Rank
BND
NLR
BND vs. NLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market ETF (BND) and VanEck Uranium and Nuclear ETF (NLR). 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.
| BND | NLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.13 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.04 | +0.79 |
| Martin ratioReturn relative to average drawdown | 5.43 | 2.08 | +3.35 |
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
| BND | NLR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 0.63 | +0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.69 | -0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.53 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.16 | +0.42 |
Drawdowns
BND vs. NLR - Drawdown Comparison
The maximum BND drawdown since its inception was -18.58%, smaller than the maximum NLR drawdown of -65.05%. Use the drawdown chart below to compare losses from any high point for BND and NLR.
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Drawdown Indicators
| BND | NLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.58% | -65.05% | +46.47% |
Max Drawdown (1Y)Largest decline over 1 year | -2.68% | -25.80% | +23.12% |
Max Drawdown (3Y)Largest decline over 3 years | -5.92% | -30.48% | +24.56% |
Max Drawdown (5Y)Largest decline over 5 years | -17.91% | -30.48% | +12.57% |
Max Drawdown (10Y)Largest decline over 10 years | -18.58% | -34.35% | +15.77% |
Current DrawdownCurrent decline from peak | -2.70% | -25.03% | +22.33% |
Average DrawdownAverage peak-to-trough decline | -3.06% | -35.71% | +32.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 12.87% | -11.97% |
Volatility
BND vs. NLR - Volatility Comparison
The current volatility for Vanguard Total Bond Market ETF (BND) is 1.20%, while VanEck Uranium and Nuclear ETF (NLR) has a volatility of 13.36%. This indicates that BND experiences smaller price fluctuations and is considered to be less risky than NLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BND | NLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 13.36% | -12.16% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 33.24% | -30.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.72% | 42.96% | -39.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.02% | 29.43% | -23.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.53% | 24.14% | -18.61% |
BND vs. NLR - Expense Ratio Comparison
BND has a 0.03% expense ratio, which is lower than NLR's 0.56% expense ratio.
Dividends
BND vs. NLR - Dividend Comparison
BND's dividend yield for the trailing twelve months is around 3.98%, more than NLR's 2.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 3.98% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
NLR VanEck Uranium and Nuclear ETF | 2.57% | 2.55% | 0.76% | 4.54% | 2.02% | 1.99% | 2.23% | 2.21% | 3.91% | 4.86% | 3.62% | 3.30% |
Frequently Asked Questions
BND and NLR have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NLR has higher volatility (13.36%) compared to BND (1.20%). In terms of maximum drawdown, BND dropped -18.58% vs NLR's -65.05%.
On 10-year performance, NLR leads with 12.72% vs 1.53% for BND. On fees, BND is cheaper at 0.03% per year. On volatility, BND has been the lower-risk option at 1.20%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, NLR has performed better with a 12.72% return vs 1.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BND is cheaper with a 0.03% expense ratio, compared with 0.56% for NLR.
BND has the higher dividend yield at 3.98%, compared with 2.57% for NLR.
BND is categorized as Total Bond Market, while NLR is Alternative Energy Equities. BND tracks Bloomberg U.S. Aggregate Float Adjusted Index, while NLR tracks MVIS Global Uranium & Nuclear Energy Index. They also come from different issuers: Vanguard and VanEck. Their fees differ too: 0.03% for BND and 0.56% for NLR.
BND currently has the higher Sharpe Ratio (1.32 vs 0.63), 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.
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