IBAT vs. NCLR.L
Compare and contrast key facts about iShares Energy Storage & Materials ETF (IBAT) and WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L).
IBAT and NCLR.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBAT is a passively managed fund by iShares that tracks the performance of the STOXX Global Energy Storage and Materials. It was launched on Mar 19, 2024. NCLR.L is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Uranium and Nuclear Energy UCITS Index. It was launched on Mar 5, 2025. Both IBAT and NCLR.L 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
IBAT vs. NCLR.L - Performance Comparison
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IBAT vs. NCLR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBAT iShares Energy Storage & Materials ETF | 18.93% | 30.27% |
NCLR.L WisdomTree Uranium and Nuclear Energy UCITS ETF | 11.11% | 121.93% |
Different Trading Currencies
IBAT is traded in USD, while NCLR.L is traded in GBp. To make them comparable, the NCLR.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IBAT achieves a 18.93% return, which is significantly higher than NCLR.L's 11.11% return.
IBAT
- 1D
- 3.41%
- 1M
- -5.33%
- YTD
- 18.93%
- 6M
- 21.28%
- 1Y
- 63.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NCLR.L
- 1D
- 0.07%
- 1M
- -16.80%
- YTD
- 11.11%
- 6M
- 7.65%
- 1Y
- 152.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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IBAT vs. NCLR.L - Expense Ratio Comparison
IBAT has a 0.47% expense ratio, which is higher than NCLR.L's 0.45% expense ratio.
Return for Risk
IBAT vs. NCLR.L — Risk / Return Rank
IBAT
NCLR.L
IBAT vs. NCLR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Energy Storage & Materials ETF (IBAT) and WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L). 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.
| IBAT | NCLR.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.47 | 3.10 | -0.63 |
Sortino ratioReturn per unit of downside risk | 3.04 | 3.40 | -0.37 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.43 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 4.62 | 4.98 | -0.35 |
Martin ratioReturn relative to average drawdown | 12.36 | 13.51 | -1.15 |
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
| IBAT | NCLR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 3.10 | -0.63 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 2.75 | -2.02 |
Correlation
The correlation between IBAT and NCLR.L is 0.49, 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
IBAT vs. NCLR.L - Dividend Comparison
IBAT's dividend yield for the trailing twelve months is around 0.97%, while NCLR.L has not paid dividends to shareholders.
| TTM | 2025 | 2024 | |
|---|---|---|---|
IBAT iShares Energy Storage & Materials ETF | 0.97% | 1.15% | 1.37% |
NCLR.L WisdomTree Uranium and Nuclear Energy UCITS ETF | 0.00% | 0.00% | 0.00% |
Drawdowns
IBAT vs. NCLR.L - Drawdown Comparison
The maximum IBAT drawdown since its inception was -28.26%, smaller than the maximum NCLR.L drawdown of -29.77%. Use the drawdown chart below to compare losses from any high point for IBAT and NCLR.L.
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Drawdown Indicators
| IBAT | NCLR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.26% | -28.14% | -0.12% |
Max Drawdown (1Y)Largest decline over 1 year | -13.12% | -28.14% | +15.02% |
Current DrawdownCurrent decline from peak | -7.49% | -19.55% | +12.06% |
Average DrawdownAverage peak-to-trough decline | -8.28% | -7.45% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.90% | 10.14% | -5.24% |
Volatility
IBAT vs. NCLR.L - Volatility Comparison
The current volatility for iShares Energy Storage & Materials ETF (IBAT) is 10.76%, while WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L) has a volatility of 15.94%. This indicates that IBAT experiences smaller price fluctuations and is considered to be less risky than NCLR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBAT | NCLR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.76% | 15.94% | -5.18% |
Volatility (6M)Calculated over the trailing 6-month period | 20.10% | 37.34% | -17.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.78% | 49.14% | -23.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.85% | 48.61% | -25.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.85% | 48.61% | -25.76% |