EURUSD=X vs. NUKL.DE

Last updated Jun 14, 2026

EURUSD=X (Euro / U.S. Dollar) is a currency, while NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) is Energy Equities fund tracking the MarketVector Global Uranium and Nuclear Energy Infrastructure. Over the past 3 years, EURUSD=X returned 2.34%/yr vs 45.77%/yr for NUKL.DE. At a 0.17 correlation, their price movements are largely independent.

Performance

EURUSD=X vs. NUKL.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Euro / U.S. Dollar (EURUSD=X) and VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EURUSD=X 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, EURUSD=X achieves a -1.52% return, which is significantly lower than NUKL.DE's 10.37% return.

EURUSD=X

• 1D: -0.11%
• 1M: -0.88%
• YTD: -1.52%
• 6M: -1.48%
• 1Y: 0.14%
• 3Y*: 2.34%
• 5Y*: -0.91%
• 10Y*: 0.32%

NUKL.DE

• 1D: 0.98%
• 1M: -3.00%
• YTD: 10.37%
• 6M: 9.36%
• 1Y: 38.07%
• 3Y*: 45.77%
• 5Y*: —
• 10Y*: —

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

EURUSD=X vs. NUKL.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EURUSD=X Euro / U.S. Dollar	-1.52%	13.43%	-6.18%	2.93%
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A	10.37%	71.04%	30.14%	27.45%

Correlation

The correlation between EURUSD=X and NUKL.DE 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	0.15
Correlation (All Time) Calculated using the full available price history since Feb 8, 2023	0.17

Return for Risk

EURUSD=X vs. NUKL.DE — Risk / Return Rank

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

EURUSD=X

EURUSD=X Risk / Return Rank: 49
EURUSD=X Sharpe Ratio Rank: 50
EURUSD=X Sortino Ratio Rank: 47
EURUSD=X Omega Ratio Rank: 48
EURUSD=X Calmar Ratio Rank: 49
EURUSD=X Martin Ratio Rank: 49

NUKL.DE

NUKL.DE Risk / Return Rank: 34
NUKL.DE Sharpe Ratio Rank: 34
NUKL.DE Sortino Ratio Rank: 35
NUKL.DE Omega Ratio Rank: 32
NUKL.DE Calmar Ratio Rank: 38
NUKL.DE Martin Ratio Rank: 31

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.

EURUSD=X vs. NUKL.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Euro / U.S. Dollar (EURUSD=X) 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.

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.

	EURUSD=X	NUKL.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	1.25	-1.27
Sortino ratio: Return per unit of downside risk	0.02	1.86	-1.84
Omega ratio: Gain probability vs. loss probability	1.00	1.22	-0.21
Calmar ratio: Return relative to maximum drawdown	-0.02	1.90	-1.92
Martin ratio: Return relative to average drawdown	-0.04	4.64	-4.68

EURUSD=X vs. NUKL.DE - Sharpe Ratio Comparison

The current EURUSD=X Sharpe Ratio is -0.02, which is lower than the NUKL.DE Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of EURUSD=X and NUKL.DE, 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

EURUSD=X vs. NUKL.DE - Drawdown Comparison

The maximum EURUSD=X drawdown since its inception was -40.01%, 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 EURUSD=X and NUKL.DE.

Drawdown Indicators

	EURUSD=X	NUKL.DE	Difference
Max Drawdown Largest peak-to-trough decline	-40.01%	-34.33%	-5.68%
Max Drawdown (1Y) Largest decline over 1 year	-5.19%	-27.96%	+22.77%
Max Drawdown (3Y) Largest decline over 3 years	-8.83%	-34.33%	+25.50%
Max Drawdown (5Y) Largest decline over 5 years	-20.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-23.31%	—	—
Current Drawdown Current decline from peak	-27.67%	-13.38%	-14.29%
Average Drawdown Average peak-to-trough decline	-23.44%	-7.21%	-16.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	11.46%	-8.97%

Volatility

EURUSD=X vs. NUKL.DE - Volatility Comparison

The current volatility for Euro / U.S. Dollar (EURUSD=X) is 1.07%, while VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) has a volatility of 11.43%. This indicates that EURUSD=X experiences smaller price fluctuations and is considered to be less risky than NUKL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EURUSD=X	NUKL.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.07%	11.43%	-10.36%
Volatility (6M) Calculated over the trailing 6-month period	4.50%	29.57%	-25.07%
Volatility (1Y) Calculated over the trailing 1-year period	5.89%	42.40%	-36.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.41%	34.71%	-27.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.15%	34.71%	-27.56%

Frequently Asked Questions

Can I hold both EURUSD=X and NUKL.DE in my portfolio?

EURUSD=X and NUKL.DE 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.