METL vs. NUKZ

Last updated Apr 2, 2026

Compare and contrast key facts about Sprott Active Metals & Miners ETF (METL) and Range Nuclear Renaissance ETF (NUKZ).

METL and NUKZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. METL is an actively managed fund by Sprott. It was launched on Sep 9, 2025. NUKZ is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Range Nuclear Renaissance Index. It was launched on Jan 23, 2024.

Performance

METL vs. NUKZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Active Metals & Miners ETF (METL) and Range Nuclear Renaissance ETF (NUKZ). The values are adjusted to include any dividend payments, if applicable.

METL vs. NUKZ - Yearly Performance Comparison

	2026 (YTD)	2025
METL Sprott Active Metals & Miners ETF	8.85%	27.04%
NUKZ Range Nuclear Renaissance ETF	5.84%	7.06%

Returns By Period

In the year-to-date period, METL achieves a 8.85% return, which is significantly higher than NUKZ's 5.84% return.

METL

• 1D: 2.29%
• 1M: -14.76%
• YTD: 8.85%
• 6M: 25.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NUKZ

• 1D: 2.19%
• 1M: -9.62%
• YTD: 5.84%
• 6M: 3.06%
• 1Y: 75.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METL vs. NUKZ - Expense Ratio Comparison

METL has a 0.89% expense ratio, which is higher than NUKZ's 0.85% expense ratio.

METL

Sprott Active Metals & Miners ETF

NUKZ

Range Nuclear Renaissance ETF

Return for Risk

METL vs. NUKZ — Risk / Return Rank

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

NUKZ

NUKZ Risk / Return Rank: 93
NUKZ Sharpe Ratio Rank: 94
NUKZ Sortino Ratio Rank: 95
NUKZ Omega Ratio Rank: 89
NUKZ Calmar Ratio Rank: 96
NUKZ Martin Ratio Rank: 90

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.

METL vs. NUKZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Active Metals & Miners ETF (METL) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	METL	NUKZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.77	1.78	-0.01

Correlation

The correlation between METL and NUKZ is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

METL vs. NUKZ - Dividend Comparison

METL's dividend yield for the trailing twelve months is around 0.91%, more than NUKZ's 0.86% yield.

	TTM	2025	2024
METL Sprott Active Metals & Miners ETF	0.91%	0.99%	0.00%
NUKZ Range Nuclear Renaissance ETF	0.86%	0.91%	0.09%

Drawdowns

METL vs. NUKZ - Drawdown Comparison

The maximum METL drawdown since its inception was -27.39%, smaller than the maximum NUKZ drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for METL and NUKZ.

Drawdown Indicators

	METL	NUKZ	Difference
Max Drawdown Largest peak-to-trough decline	-27.39%	-33.03%	+5.64%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.51%	—
Current Drawdown Current decline from peak	-17.47%	-9.62%	-7.85%
Average Drawdown Average peak-to-trough decline	-6.83%	-6.10%	-0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.28%	—

Volatility

Volatility by Period

	METL	NUKZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	44.84%	31.77%	+13.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.84%	32.60%	+12.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.84%	32.60%	+12.24%