NGD vs. NUKZ

Last updated Jun 13, 2026

NGD (New Gold Inc.) is a stock, while NUKZ (Range Nuclear Renaissance ETF) is Energy Equities fund tracking the Range Nuclear Renaissance Index. At a 0.31 correlation, their price movements are largely independent.

Performance

NGD vs. NUKZ - Performance Comparison

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

Returns By Period

NGD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NUKZ

• 1D: 1.59%
• 1M: -5.07%
• YTD: 7.57%
• 6M: 4.81%
• 1Y: 27.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NGD vs. NUKZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NGD New Gold Inc.	4.25%	251.21%	93.75%
NUKZ Range Nuclear Renaissance ETF	7.57%	56.57%	60.11%

Correlation

The correlation between NGD and NUKZ is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since Jan 24, 2024	0.31

Return for Risk

NGD vs. NUKZ — Risk / Return Rank

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

NGD

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

NUKZ

NUKZ Risk / Return Rank: 31
NUKZ Sharpe Ratio Rank: 29
NUKZ Sortino Ratio Rank: 30
NUKZ Omega Ratio Rank: 27
NUKZ Calmar Ratio Rank: 39
NUKZ Martin Ratio Rank: 32

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.

NGD vs. NUKZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) 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.

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.

	NGD	NUKZ	Difference
Sharpe ratio: Return per unit of total volatility	—	0.92	—
Sortino ratio: Return per unit of downside risk	—	1.43	—
Omega ratio: Gain probability vs. loss probability	—	1.17	—
Calmar ratio: Return relative to maximum drawdown	—	1.70	—
Martin ratio: Return relative to average drawdown	—	4.11	—

Drawdowns

Drawdown Indicators

	NGD	NUKZ	Difference
Max Drawdown Largest peak-to-trough decline	—	-33.03%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.51%	—
Current Drawdown Current decline from peak	—	-10.39%	—
Average Drawdown Average peak-to-trough decline	—	-6.06%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.80%	—

Volatility

Volatility by Period

	NGD	NUKZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.24%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	30.46%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	32.94%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	32.94%	—

Dividends

NGD vs. NUKZ - Dividend Comparison

NGD has not paid dividends to shareholders, while NUKZ's dividend yield for the trailing twelve months is around 0.85%.

Position	TTM	2025	2024
NGD New Gold Inc.	0.00%	0.00%	0.00%
NUKZ Range Nuclear Renaissance ETF	0.85%	0.91%	0.09%

Frequently Asked Questions

Can I hold both NGD and NUKZ in my portfolio?

NGD and NUKZ have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.