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EVX vs. NLR
Performance
Return for Risk
Dividends
Drawdowns
Volatility

EVX vs. NLR

Last updated Apr 1, 2026

Compare and contrast key facts about VanEck Vectors Environmental Services ETF (EVX) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR).

EVX and NLR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EVX is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Environmental Services Index. It was launched on Oct 16, 2006. NLR is a passively managed fund by VanEck that tracks the performance of the DAXglobal Nuclear Energy Index. It was launched on Aug 13, 2007. Both EVX and NLR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EVX vs. NLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Environmental Services ETF (EVX) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR). The values are adjusted to include any dividend payments, if applicable.

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EVX vs. NLR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EVX
VanEck Vectors Environmental Services ETF		1.28%11.72%12.99%12.97%-10.58%27.47%13.28%28.41%-3.82%16.05%
NLR
VanEck Vectors Uranium+Nuclear Energy ETF		7.24%56.50%14.26%36.67%2.29%13.63%3.49%0.20%4.94%8.25%

Returns By Period

In the year-to-date period, EVX achieves a 1.28% return, which is significantly lower than NLR's 7.24% return. Over the past 10 years, EVX has underperformed NLR with an annualized return of 12.14%, while NLR has yielded a comparatively higher 13.86% annualized return.

EVX

1D
1.92%
1M
-8.00%
YTD
1.28%
6M
-0.39%
1Y
9.47%
3Y*
10.57%
5Y*
7.99%
10Y*
12.14%

NLR

1D
4.76%
1M
-10.17%
YTD
7.24%
6M
0.63%
1Y
86.31%
3Y*
37.32%
5Y*
23.33%
10Y*
13.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck Vectors Environmental Services ETF

VanEck Vectors Uranium+Nuclear Energy ETF

Often compared with EVX:
EVX vs. VOOEVX vs. PHOEVX vs. ^DJTEVX vs. AQWAEVX vs. EPUEVX vs. CLHEVX vs. DRIV
Often compared with NLR:
NLR vs. URANLR vs. NUKZNLR vs. URNMNLR vs. OKLONLR vs. URANNLR vs. GRIDNLR vs. SMH

EVX vs. NLR - Expense Ratio Comparison

EVX has a 0.55% expense ratio, which is lower than NLR's 0.60% expense ratio.

NLR
VanEck Vectors Uranium+Nuclear Energy ETF
EVX
VanEck Vectors Environmental Services ETF

Return for Risk

EVX vs. NLR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EVX
EVX Risk / Return Rank: 3232
Overall Rank
EVX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
EVX Sortino Ratio Rank: 3232
Sortino Ratio Rank
EVX Omega Ratio Rank: 3030
Omega Ratio Rank
EVX Calmar Ratio Rank: 3636
Calmar Ratio Rank
EVX Martin Ratio Rank: 3131
Martin Ratio Rank
NLR
NLR Risk / Return Rank: 8888
Overall Rank
NLR Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
NLR Sortino Ratio Rank: 9292
Sortino Ratio Rank
NLR Omega Ratio Rank: 8585
Omega Ratio Rank
NLR Calmar Ratio Rank: 9393
Calmar Ratio Rank
NLR Martin Ratio Rank: 7979
Martin Ratio Rank
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.

EVX vs. NLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Environmental Services ETF (EVX) and VanEck Vectors Uranium+Nuclear Energy 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.

EVXNLRDifference

Sharpe ratio

Return per unit of total volatility

0.57

2.06

-1.49

Sortino ratio

Return per unit of downside risk

0.90

2.63

-1.73

Omega ratio

Gain probability vs. loss probability

1.12

1.33

-0.21

Calmar ratio

Return relative to maximum drawdown

0.87

3.26

-2.39

Martin ratio

Return relative to average drawdown

2.52

7.88

-5.37

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EVX vs. NLR - Sharpe Ratio Comparison

The current EVX Sharpe Ratio is 0.57, which is lower than the NLR Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of EVX and NLR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

EVXNLRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.57

2.06

-1.49

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.83

-0.38

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.60

0.59

+0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.43

0.18

+0.25

Correlation

The correlation between EVX and NLR is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EVX vs. NLR - Dividend Comparison

EVX's dividend yield for the trailing twelve months is around 0.18%, less than NLR's 2.38% yield.

TTM20252024202320222021202020192018201720162015
EVX
VanEck Vectors Environmental Services ETF		0.18%0.19%0.46%0.95%0.41%0.24%0.32%0.38%0.38%0.89%0.70%1.16%
NLR
VanEck Vectors Uranium+Nuclear Energy ETF		2.38%2.55%0.76%4.54%2.02%1.99%2.23%2.21%3.91%4.86%3.62%3.30%

Drawdowns

EVX vs. NLR - Drawdown Comparison

The maximum EVX drawdown since its inception was -55.91%, smaller than the maximum NLR drawdown of -65.05%. Use the drawdown chart below to compare losses from any high point for EVX and NLR.

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Drawdown Indicators

EVXNLRDifference

Max Drawdown

Largest peak-to-trough decline

-55.91%

-65.05%

+9.14%

Max Drawdown (1Y)

Largest decline over 1 year

-11.53%

-25.80%

+14.27%

Max Drawdown (5Y)

Largest decline over 5 years

-21.45%

-30.48%

+9.03%

Max Drawdown (10Y)

Largest decline over 10 years

-41.01%

-34.35%

-6.66%

Current Drawdown

Current decline from peak

-8.50%

-18.97%

+10.47%

Average Drawdown

Average peak-to-trough decline

-8.78%

-35.91%

+27.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.99%

10.67%

-6.68%

Volatility

EVX vs. NLR - Volatility Comparison

The current volatility for VanEck Vectors Environmental Services ETF (EVX) is 5.00%, while VanEck Vectors Uranium+Nuclear Energy ETF (NLR) has a volatility of 14.04%. This indicates that EVX 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

EVXNLRDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.00%

14.04%

-9.04%

Volatility (6M)

Calculated over the trailing 6-month period

10.51%

32.94%

-22.43%

Volatility (1Y)

Calculated over the trailing 1-year period

16.76%

42.23%

-25.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.65%

28.16%

-10.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.23%

23.39%

-3.16%