LHX vs. NLR
LHX (L3Harris Technologies, Inc.) is a stock, while NLR (VanEck Uranium and Nuclear ETF) is Alternative Energy Equities fund tracking the MVIS Global Uranium & Nuclear Energy Index. Over the past 10 years, LHX returned 16.45%/yr vs 12.80%/yr for NLR. At a 0.39 correlation, their price movements are largely independent.
Performance
LHX vs. NLR - Performance Comparison
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Returns By Period
In the year-to-date period, LHX achieves a 5.64% return, which is significantly higher than NLR's -1.81% return. Over the past 10 years, LHX has outperformed NLR with an annualized return of 16.45%, while NLR has yielded a comparatively lower 12.80% annualized return.
LHX
- 1D
- -1.40%
- 1M
- 1.35%
- YTD
- 5.64%
- 6M
- 8.07%
- 1Y
- 24.92%
- 3Y*
- 19.98%
- 5Y*
- 8.77%
- 10Y*
- 16.45%
NLR
- 1D
- 0.84%
- 1M
- -10.59%
- YTD
- -1.81%
- 6M
- -3.70%
- 1Y
- 18.72%
- 3Y*
- 29.88%
- 5Y*
- 19.78%
- 10Y*
- 12.80%
LHX vs. NLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LHX L3Harris Technologies, Inc. | 5.64% | 42.28% | 1.88% | 3.67% | -0.48% | 14.98% | -2.76% | 49.21% | -3.38% | 40.80% |
NLR VanEck Uranium and Nuclear ETF | -1.81% | 56.50% | 14.26% | 36.67% | 2.29% | 13.63% | 3.49% | 0.20% | 4.94% | 8.25% |
Correlation
The correlation between LHX and NLR is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2007 | 0.39 |
The correlation between LHX and NLR shifts across timeframes, from 0.22 (3 years) to 0.39 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LHX vs. NLR — Risk / Return Rank
LHX
NLR
LHX vs. NLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L3Harris Technologies, Inc. (LHX) and VanEck Uranium and Nuclear 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.
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.
| LHX | NLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.10 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 0.63 | +0.58 |
| Martin ratioReturn relative to average drawdown | 3.16 | 1.41 | +1.76 |
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Drawdowns
LHX vs. NLR - Drawdown Comparison
The maximum LHX drawdown since its inception was -69.82%, which is greater than NLR's maximum drawdown of -65.05%. Use the drawdown chart below to compare losses from any high point for LHX and NLR.
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Drawdown Indicators
| LHX | NLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.82% | -65.05% | -4.77% |
Max Drawdown (1Y)Largest decline over 1 year | -20.55% | -29.72% | +9.17% |
Max Drawdown (3Y)Largest decline over 3 years | -25.98% | -30.48% | +4.50% |
Max Drawdown (5Y)Largest decline over 5 years | -38.16% | -30.48% | -7.68% |
Max Drawdown (10Y)Largest decline over 10 years | -38.16% | -34.35% | -3.81% |
Current DrawdownCurrent decline from peak | -18.06% | -25.81% | +7.75% |
Average DrawdownAverage peak-to-trough decline | -21.33% | -35.70% | +14.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.89% | 13.33% | -5.44% |
Volatility
LHX vs. NLR - Volatility Comparison
The current volatility for L3Harris Technologies, Inc. (LHX) is 7.33%, while VanEck Uranium and Nuclear ETF (NLR) has a volatility of 13.73%. This indicates that LHX 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
| LHX | NLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.33% | 13.73% | -6.40% |
Volatility (6M)Calculated over the trailing 6-month period | 19.85% | 33.75% | -13.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.63% | 42.85% | -18.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.95% | 29.56% | -5.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.44% | 24.22% | +1.22% |
Dividends
LHX vs. NLR - Dividend Comparison
LHX's dividend yield for the trailing twelve months is around 1.59%, less than NLR's 2.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LHX L3Harris Technologies, Inc. | 1.59% | 1.64% | 2.21% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% |
NLR VanEck Uranium and Nuclear ETF | 2.60% | 2.55% | 0.76% | 4.54% | 2.02% | 1.99% | 2.23% | 2.21% | 3.91% | 4.86% | 3.62% | 3.30% |
Frequently Asked Questions
LHX and NLR have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NLR has higher volatility (13.73%) compared to LHX (7.33%). In terms of maximum drawdown, LHX dropped -69.82% vs NLR's -65.05%.
LHX currently has the higher Sharpe Ratio (1.02 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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