NERD vs. NUKZ

Last updated Jun 4, 2026

NERD (Roundhill Video Games ETF) and NUKZ (Range Nuclear Renaissance ETF) are both exchange-traded funds - NERD is a Gaming fund actively managed by Roundhill Investments, while NUKZ is a Energy Equities fund tracking the Range Nuclear Renaissance Index. NERD is actively managed, while NUKZ is passively managed. Over the past year, NERD returned -17.66% vs 41.42% for NUKZ. At a 0.49 correlation, their price movements are largely independent. NERD charges 0.50%/yr vs 0.85%/yr for NUKZ.

Performance

NERD vs. NUKZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Video Games ETF (NERD) and Range Nuclear Renaissance ETF (NUKZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NERD achieves a -16.00% return, which is significantly lower than NUKZ's 13.31% return.

NERD

• 1D: -2.22%
• 1M: -3.36%
• YTD: -16.00%
• 6M: -19.58%
• 1Y: -17.66%
• 3Y*: 10.64%
• 5Y*: -7.79%
• 10Y*: —

NUKZ

• 1D: -2.59%
• 1M: -0.90%
• YTD: 13.31%
• 6M: 10.66%
• 1Y: 41.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NERD vs. NUKZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NERD Roundhill Video Games ETF	-16.00%	23.14%	30.78%
NUKZ Range Nuclear Renaissance ETF	13.31%	56.57%	62.98%

Correlation

The correlation between NERD and NUKZ is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jan 25, 2024	0.49

NERD vs. NUKZ - Sectors Allocation Comparison

Sectors	NERD	NUKZ
Communication Services	91.1%	-
Technology	3.9%	1.4%
Consumer Cyclical	3.9%	-
Industrials	1.2%	45.9%
Financial Services	0.0%	-
Basic Materials	-	4.0%
Consumer Defensive	-	-
Energy	-	12.9%
Healthcare	-	-
Real Estate	-	-
Utilities	-	35.8%

Return for Risk

NERD vs. NUKZ — Risk / Return Rank

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

NERD

NERD Risk / Return Rank: 3
NERD Sharpe Ratio Rank: 2
NERD Sortino Ratio Rank: 2
NERD Omega Ratio Rank: 2
NERD Calmar Ratio Rank: 4
NERD Martin Ratio Rank: 4

NUKZ

NUKZ Risk / Return Rank: 40
NUKZ Sharpe Ratio Rank: 38
NUKZ Sortino Ratio Rank: 38
NUKZ Omega Ratio Rank: 34
NUKZ Calmar Ratio Rank: 50
NUKZ Martin Ratio Rank: 39

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.

NERD vs. NUKZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Video Games ETF (NERD) 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.

	NERD	NUKZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.89	1.40	-2.29
Sortino ratio: Return per unit of downside risk	-1.18	2.02	-3.20
Omega ratio: Gain probability vs. loss probability	0.86	1.23	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.60	2.52	-3.12
Martin ratio: Return relative to average drawdown	-1.06	6.34	-7.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NERD vs. NUKZ - Sharpe Ratio Comparison

The current NERD Sharpe Ratio is -0.89, which is lower than the NUKZ Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of NERD and NUKZ, 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

	NERD	NUKZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	1.40	-2.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	1.75	-1.55

Drawdowns

NERD vs. NUKZ - Drawdown Comparison

The maximum NERD drawdown since its inception was -65.58%, which is greater than NUKZ's maximum drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for NERD and NUKZ.

Drawdown Indicators

	NERD	NUKZ	Difference
Max Drawdown Largest peak-to-trough decline	-65.58%	-33.03%	-32.55%
Max Drawdown (1Y) Largest decline over 1 year	-29.67%	-16.51%	-13.16%
Max Drawdown (3Y) Largest decline over 3 years	-29.67%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-58.92%	—	—
Current Drawdown Current decline from peak	-45.51%	-5.61%	-39.90%
Average Drawdown Average peak-to-trough decline	-35.89%	-6.01%	-29.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.75%	6.55%	+10.20%

Volatility

NERD vs. NUKZ - Volatility Comparison

The current volatility for Roundhill Video Games ETF (NERD) is 3.89%, while Range Nuclear Renaissance ETF (NUKZ) has a volatility of 10.30%. This indicates that NERD experiences smaller price fluctuations and is considered to be less risky than NUKZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NERD	NUKZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	10.30%	-6.41%
Volatility (6M) Calculated over the trailing 6-month period	14.85%	22.05%	-7.20%
Volatility (1Y) Calculated over the trailing 1-year period	19.81%	29.74%	-9.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.51%	32.70%	-8.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.53%	32.70%	-7.17%

NERD vs. NUKZ - Expense Ratio Comparison

NERD has a 0.50% expense ratio, which is lower than NUKZ's 0.85% expense ratio.

Dividends

NERD vs. NUKZ - Dividend Comparison

NERD's dividend yield for the trailing twelve months is around 0.75%, less than NUKZ's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
NERD Roundhill Video Games ETF	0.75%	0.63%	1.74%	1.07%	0.69%	0.02%	1.05%	0.31%
NUKZ Range Nuclear Renaissance ETF	0.80%	0.91%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NERD and NUKZ in my portfolio?

NERD and NUKZ have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NERD or NUKZ?

NUKZ has higher volatility (10.30%) compared to NERD (3.89%). In terms of maximum drawdown, NERD dropped -65.58% vs NUKZ's -33.03%.

Which ETF is better, NERD or NUKZ?

On 1-year performance, NUKZ leads with 41.42% vs -17.66% for NERD. On fees, NERD is cheaper at 0.50% per year. On volatility, NERD has been the lower-risk option at 3.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NERD or NUKZ?

Over the 1-year period, NUKZ has performed better with a 41.42% return vs -17.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NERD or NUKZ?

NERD is cheaper with a 0.50% expense ratio, compared with 0.85% for NUKZ.

Which ETF pays a higher dividend yield, NERD or NUKZ?

NUKZ has the higher dividend yield at 0.80%, compared with 0.75% for NERD.

What is the main difference between NERD and NUKZ?

NERD is categorized as Gaming, while NUKZ is Energy Equities. They also come from different issuers: Roundhill Investments and Exchange Traded Concepts. Their fees differ too: 0.50% for NERD and 0.85% for NUKZ.

Which has better risk-adjusted returns?

NUKZ currently has the higher Sharpe Ratio (1.40 vs -0.89), 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.