JPTC.L vs. NLR

Last updated Apr 5, 2026

Compare and contrast key facts about JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPTC.L) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR).

JPTC.L and NLR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPTC.L is a passively managed fund by JPMorgan that tracks the performance of the MSCI ACWI NR USD. It was launched on Nov 4, 2020. 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 JPTC.L 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

JPTC.L vs. NLR - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPTC.L) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

JPTC.L is traded in GBp, while NLR is traded in USD. To make them comparable, the NLR values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, JPTC.L achieves a -3.48% return, which is significantly lower than NLR's 9.67% return.

JPTC.L

• 1D: 0.08%
• 1M: -3.17%
• YTD: -3.48%
• 6M: -0.65%
• 1Y: 23.48%
• 3Y*: 12.70%
• 5Y*: 10.51%
• 10Y*: —

NLR

• 1D: 0.12%
• 1M: -7.38%
• YTD: 9.67%
• 6M: -1.24%
• 1Y: 87.15%
• 3Y*: 34.52%
• 5Y*: 24.54%
• 10Y*: 14.76%

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

JPTC.L vs. NLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
JPTC.L JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc)	-3.48%	11.44%	20.36%	16.17%	-8.74%	25.32%	0.92%
NLR VanEck Vectors Uranium+Nuclear Energy ETF	9.67%	45.35%	16.26%	29.84%	14.45%	14.70%	-0.01%

Correlation

The correlation between JPTC.L and NLR is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners. Combining low-correlation assets is one of the most reliable ways to reduce portfolio risk without sacrificing expected returns.

JPTC.L vs. NLR - Expense Ratio Comparison

JPTC.L has a 0.19% expense ratio, which is lower than NLR's 0.60% expense ratio.

NLR

VanEck Vectors Uranium+Nuclear Energy ETF

JPTC.L

JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc)

Return for Risk

JPTC.L vs. NLR — Risk / Return Rank

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

NLR

NLR Risk / Return Rank: 81
NLR Sharpe Ratio Rank: 89
NLR Sortino Ratio Rank: 89
NLR Omega Ratio Rank: 79
NLR Calmar Ratio Rank: 86
NLR Martin Ratio Rank: 63

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.

JPTC.L vs. NLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPTC.L) 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.

	JPTC.L	NLR	Difference
Sharpe ratio Return per unit of total volatility	0.97	1.96	-0.99
Sortino ratio Return per unit of downside risk	1.43	2.55	-1.12
Omega ratio Gain probability vs. loss probability	1.20	1.31	-0.11
Calmar ratio Return relative to maximum drawdown	2.23	3.20	-0.97
Martin ratio Return relative to average drawdown	9.30	8.01	+1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPTC.L vs. NLR - Sharpe Ratio Comparison

The current JPTC.L Sharpe Ratio is 0.97, which is lower than the NLR Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of JPTC.L and NLR, 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

	JPTC.L	NLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	1.96	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.92	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.96	0.29	+0.67

Drawdowns

JPTC.L vs. NLR - Drawdown Comparison

The maximum JPTC.L drawdown since its inception was -19.17%, smaller than the maximum NLR drawdown of -53.92%. Use the drawdown chart below to compare losses from any high point for JPTC.L and NLR.

Volatility

JPTC.L vs. NLR - Volatility Comparison

The current volatility for JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc) (JPTC.L) is 4.53%, while VanEck Vectors Uranium+Nuclear Energy ETF (NLR) has a volatility of 11.57%. This indicates that JPTC.L 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.

Volatility by Period

	JPTC.L	NLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	11.57%	-7.04%
Volatility (6M) Calculated over the trailing 6-month period	8.76%	32.19%	-23.43%
Volatility (1Y) Calculated over the trailing 1-year period	14.91%	41.26%	-26.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.38%	26.87%	-11.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.38%	23.07%	-7.69%

Dividends

JPTC.L vs. NLR - Dividend Comparison

JPTC.L has not paid dividends to shareholders, while NLR's dividend yield for the trailing twelve months is around 2.37%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPTC.L JPMorgan Carbon Transition Global Equity UCITS ETF USD (acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NLR VanEck Vectors Uranium+Nuclear Energy ETF	2.37%	2.55%	0.76%	4.54%	2.02%	1.99%	2.23%	2.21%	3.91%	4.86%	3.62%	3.30%