HURA.TO vs. NUKZ

Last updated Jun 4, 2026

HURA.TO (Global X Uranium Index ETF) and NUKZ (Range Nuclear Renaissance ETF) are both exchange-traded funds - HURA.TO is a Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index, while NUKZ is a Energy Equities fund tracking the Range Nuclear Renaissance Index. Both are passively managed. Over the past year, HURA.TO returned 58.90% vs 43.25% for NUKZ. A 0.75 correlation means they provide meaningful diversification when combined. HURA.TO charges 0.98%/yr vs 0.85%/yr for NUKZ.

Performance

HURA.TO vs. NUKZ - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Uranium Index ETF (HURA.TO) and Range Nuclear Renaissance ETF (NUKZ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HURA.TO is traded in CAD, while NUKZ is traded in USD. To make them comparable, the NUKZ values have been converted to CAD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with HURA.TO having a 14.10% return and NUKZ slightly higher at 14.75%.

HURA.TO

• 1D: -3.64%
• 1M: -4.79%
• YTD: 14.10%
• 6M: 7.34%
• 1Y: 58.90%
• 3Y*: 36.71%
• 5Y*: 24.85%
• 10Y*: —

NUKZ

• 1D: -2.19%
• 1M: 1.08%
• YTD: 14.75%
• 6M: 10.23%
• 1Y: 43.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HURA.TO vs. NUKZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HURA.TO Global X Uranium Index ETF	14.10%	43.18%	-8.41%
NUKZ Range Nuclear Renaissance ETF	14.75%	49.39%	73.32%

Correlation

The correlation between HURA.TO and NUKZ is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jan 25, 2024	0.75

The correlation between HURA.TO and NUKZ has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.

HURA.TO vs. NUKZ - Sectors Allocation Comparison

Sectors	HURA.TO	NUKZ
Energy	87.4%	12.9%
Utilities	7.9%	35.8%
Industrials	4.2%	45.9%
Basic Materials	0.6%	4.0%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	1.4%

Return for Risk

HURA.TO vs. NUKZ — Risk / Return Rank

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

HURA.TO

HURA.TO Risk / Return Rank: 33
HURA.TO Sharpe Ratio Rank: 34
HURA.TO Sortino Ratio Rank: 35
HURA.TO Omega Ratio Rank: 32
HURA.TO Calmar Ratio Rank: 39
HURA.TO Martin Ratio Rank: 27

NUKZ

NUKZ Risk / Return Rank: 40
NUKZ Sharpe Ratio Rank: 38
NUKZ Sortino Ratio Rank: 38
NUKZ Omega Ratio Rank: 34
NUKZ Calmar Ratio Rank: 50
NUKZ Martin Ratio Rank: 39

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.

HURA.TO vs. NUKZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Uranium Index ETF (HURA.TO) 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.

	HURA.TO	NUKZ	Difference
Sharpe ratio: Return per unit of total volatility	1.25	1.50	-0.25
Sortino ratio: Return per unit of downside risk	1.90	2.14	-0.23
Omega ratio: Gain probability vs. loss probability	1.22	1.25	-0.03
Calmar ratio: Return relative to maximum drawdown	1.93	2.62	-0.68
Martin ratio: Return relative to average drawdown	3.87	6.35	-2.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HURA.TO vs. NUKZ - Sharpe Ratio Comparison

The current HURA.TO Sharpe Ratio is 1.25, which is comparable to the NUKZ Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of HURA.TO 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.

Sharpe Ratios by Period

	HURA.TO	NUKZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	1.50	-0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	1.87	-1.12

Drawdowns

HURA.TO vs. NUKZ - Drawdown Comparison

The maximum HURA.TO drawdown since its inception was -43.51%, which is greater than NUKZ's maximum drawdown of -33.27%. Use the drawdown chart below to compare losses from any high point for HURA.TO and NUKZ.

Drawdown Indicators

	HURA.TO	NUKZ	Difference
Max Drawdown Largest peak-to-trough decline	-43.51%	-33.27%	-10.24%
Max Drawdown (1Y) Largest decline over 1 year	-30.61%	-16.60%	-14.01%
Max Drawdown (3Y) Largest decline over 3 years	-42.97%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-42.97%	—	—
Current Drawdown Current decline from peak	-20.74%	-3.79%	-16.95%
Average Drawdown Average peak-to-trough decline	-14.47%	-6.12%	-8.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.25%	6.83%	+8.42%

Volatility

HURA.TO vs. NUKZ - Volatility Comparison

Global X Uranium Index ETF (HURA.TO) has a higher volatility of 13.83% compared to Range Nuclear Renaissance ETF (NUKZ) at 10.21%. This indicates that HURA.TO's price experiences larger fluctuations and is considered to be riskier than NUKZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HURA.TO	NUKZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.83%	10.21%	+3.62%
Volatility (6M) Calculated over the trailing 6-month period	33.13%	21.39%	+11.74%
Volatility (1Y) Calculated over the trailing 1-year period	47.52%	29.05%	+18.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.20%	31.56%	+8.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.82%	31.56%	+7.26%

HURA.TO vs. NUKZ - Expense Ratio Comparison

HURA.TO has a 0.98% expense ratio, which is higher than NUKZ's 0.85% expense ratio.

Dividends

HURA.TO vs. NUKZ - Dividend Comparison

HURA.TO's dividend yield for the trailing twelve months is around 0.08%, less than NUKZ's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
HURA.TO Global X Uranium Index ETF	0.08%	0.09%	0.75%	1.03%	1.46%	1.26%	0.63%	0.82%
NUKZ Range Nuclear Renaissance ETF	0.80%	0.91%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HURA.TO and NUKZ in my portfolio?

HURA.TO and NUKZ have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HURA.TO or NUKZ?

On fees, NUKZ is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HURA.TO or NUKZ?

NUKZ is cheaper with a 0.85% expense ratio, compared with 0.98% for HURA.TO.

What is the main difference between HURA.TO and NUKZ?

HURA.TO is categorized as Commodity Producers Equities, while NUKZ is Energy Equities. HURA.TO tracks Solactive Global Uranium & Nuclear Components Total Return Index, while NUKZ tracks Range Nuclear Renaissance Index. They also come from different issuers: Global X and Exchange Traded Concepts. Their fees differ too: 0.98% for HURA.TO and 0.85% for NUKZ.