NCLR.L vs. TAN
Compare and contrast key facts about WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L) and Invesco Solar ETF (TAN).
NCLR.L and TAN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. TAN is a passively managed fund by Invesco that tracks the performance of the MAC Global Solar Energy Index. It was launched on Apr 15, 2008. Both NCLR.L and TAN 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
NCLR.L vs. TAN - Performance Comparison
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NCLR.L vs. TAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NCLR.L WisdomTree Uranium and Nuclear Energy UCITS ETF | 21.09% | 112.38% |
TAN Invesco Solar ETF | 16.45% | 44.24% |
Different Trading Currencies
NCLR.L is traded in GBp, while TAN is traded in USD. To make them comparable, the TAN values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, NCLR.L achieves a 21.09% return, which is significantly higher than TAN's 16.45% return.
NCLR.L
- 1D
- 7.18%
- 1M
- -9.87%
- YTD
- 21.09%
- 6M
- 17.22%
- 1Y
- 159.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TAN
- 1D
- 0.77%
- 1M
- 0.97%
- YTD
- 16.45%
- 6M
- 26.93%
- 1Y
- 78.11%
- 3Y*
- -12.13%
- 5Y*
- -8.22%
- 10Y*
- 11.23%
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NCLR.L vs. TAN - Expense Ratio Comparison
NCLR.L has a 0.45% expense ratio, which is lower than TAN's 0.69% expense ratio.
Return for Risk
NCLR.L vs. TAN — Risk / Return Rank
NCLR.L
TAN
NCLR.L vs. TAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L) and Invesco Solar ETF (TAN). 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.
| NCLR.L | TAN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.32 | 2.04 | +1.29 |
Sortino ratioReturn per unit of downside risk | 3.61 | 2.65 | +0.97 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.33 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 5.71 | 5.43 | +0.28 |
Martin ratioReturn relative to average drawdown | 15.89 | 12.28 | +3.61 |
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
| NCLR.L | TAN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.32 | 2.04 | +1.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.22 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.01 | -0.11 | +3.12 |
Correlation
The correlation between NCLR.L and TAN is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
NCLR.L vs. TAN - Dividend Comparison
Neither NCLR.L nor TAN has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NCLR.L WisdomTree Uranium and Nuclear Energy UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TAN Invesco Solar ETF | 0.00% | 0.00% | 0.50% | 0.09% | 0.00% | 0.00% | 0.09% | 0.30% | 0.69% | 1.77% | 5.04% | 1.60% |
Drawdowns
NCLR.L vs. TAN - Drawdown Comparison
The maximum NCLR.L drawdown since its inception was -28.14%, smaller than the maximum TAN drawdown of -94.24%. Use the drawdown chart below to compare losses from any high point for NCLR.L and TAN.
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Drawdown Indicators
| NCLR.L | TAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.14% | -95.29% | +67.15% |
Max Drawdown (1Y)Largest decline over 1 year | -28.14% | -16.25% | -11.89% |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.95% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -78.53% | — |
Current DrawdownCurrent decline from peak | -13.78% | -74.16% | +60.38% |
Average DrawdownAverage peak-to-trough decline | -7.47% | -78.57% | +71.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.11% | 6.15% | +3.96% |
Volatility
NCLR.L vs. TAN - Volatility Comparison
WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L) has a higher volatility of 15.78% compared to Invesco Solar ETF (TAN) at 9.32%. This indicates that NCLR.L's price experiences larger fluctuations and is considered to be riskier than TAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NCLR.L | TAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.78% | 9.32% | +6.46% |
Volatility (6M)Calculated over the trailing 6-month period | 37.25% | 25.55% | +11.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.79% | 38.56% | +9.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.30% | 38.32% | +8.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.30% | 36.94% | +10.36% |