NCLR.L vs. URNM
Compare and contrast key facts about WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L) and NorthShore Global Uranium Mining ETF (URNM).
NCLR.L and URNM 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. URNM is a passively managed fund by Exchange Traded Concepts that tracks the performance of the North Shore Global Uranium Mining Index. It was launched on Dec 3, 2019. Both NCLR.L and URNM 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. URNM - Performance Comparison
Loading graphics...
NCLR.L vs. URNM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NCLR.L WisdomTree Uranium and Nuclear Energy UCITS ETF | 21.09% | 112.38% |
URNM NorthShore Global Uranium Mining ETF | 18.28% | 67.36% |
Different Trading Currencies
NCLR.L is traded in GBp, while URNM is traded in USD. To make them comparable, the URNM 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 URNM's 18.28% return.
NCLR.L
- 1D
- 7.18%
- 1M
- -9.87%
- YTD
- 21.09%
- 6M
- 17.22%
- 1Y
- 159.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
URNM
- 1D
- 0.91%
- 1M
- -14.51%
- YTD
- 18.28%
- 6M
- 12.57%
- 1Y
- 98.02%
- 3Y*
- 27.86%
- 5Y*
- 21.52%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NCLR.L vs. URNM - Expense Ratio Comparison
NCLR.L has a 0.45% expense ratio, which is lower than URNM's 0.85% expense ratio.
Return for Risk
NCLR.L vs. URNM — Risk / Return Rank
NCLR.L
URNM
NCLR.L vs. URNM - 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 NorthShore Global Uranium Mining ETF (URNM). 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 | URNM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.32 | 1.95 | +1.37 |
Sortino ratioReturn per unit of downside risk | 3.61 | 2.57 | +1.04 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.31 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 5.71 | 3.47 | +2.24 |
Martin ratioReturn relative to average drawdown | 15.89 | 9.34 | +6.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NCLR.L | URNM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.32 | 1.95 | +1.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.01 | 0.73 | +2.28 |
Correlation
The correlation between NCLR.L and URNM is 0.62, 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
NCLR.L vs. URNM - Dividend Comparison
NCLR.L has not paid dividends to shareholders, while URNM's dividend yield for the trailing twelve months is around 2.73%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NCLR.L WisdomTree Uranium and Nuclear Energy UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URNM NorthShore Global Uranium Mining ETF | 2.73% | 3.18% | 3.18% | 3.63% | 0.00% | 6.70% | 2.57% |
Drawdowns
NCLR.L vs. URNM - Drawdown Comparison
The maximum NCLR.L drawdown since its inception was -28.14%, smaller than the maximum URNM drawdown of -51.03%. Use the drawdown chart below to compare losses from any high point for NCLR.L and URNM.
Loading graphics...
Drawdown Indicators
| NCLR.L | URNM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.14% | -50.78% | +22.64% |
Max Drawdown (1Y)Largest decline over 1 year | -28.14% | -30.79% | +2.65% |
Max Drawdown (5Y)Largest decline over 5 years | — | -50.78% | — |
Current DrawdownCurrent decline from peak | -13.78% | -23.96% | +10.18% |
Average DrawdownAverage peak-to-trough decline | -7.47% | -17.89% | +10.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.11% | 11.19% | -1.08% |
Volatility
NCLR.L vs. URNM - Volatility Comparison
WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L) and NorthShore Global Uranium Mining ETF (URNM) have volatilities of 15.78% and 16.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NCLR.L | URNM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.78% | 16.44% | -0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 37.25% | 39.81% | -2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.79% | 50.57% | -2.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.30% | 46.11% | +1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.30% | 45.11% | +2.19% |