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NLR vs. DPM.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NLR vs. DPM.TO

Last updated Jun 13, 2026

NLR (VanEck Uranium and Nuclear ETF) is Alternative Energy Equities fund tracking the MVIS Global Uranium & Nuclear Energy Index, while DPM.TO (Dundee Precious Metals Inc.) is a stock. Over the past 10 years, NLR returned 12.80%/yr vs 30.27%/yr for DPM.TO. At a 0.23 correlation, their price movements are largely independent.

Performance

NLR vs. DPM.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Uranium and Nuclear ETF (NLR) and Dundee Precious Metals Inc. (DPM.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

NLR is traded in USD, while DPM.TO is traded in CAD. To make them comparable, the DPM.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, NLR achieves a -1.81% return, which is significantly lower than DPM.TO's 3.16% return. Over the past 10 years, NLR has underperformed DPM.TO with an annualized return of 12.80%, while DPM.TO has yielded a comparatively higher 30.27% annualized return.

NLR

1D
0.84%
1M
-10.59%
YTD
-1.81%
6M
-3.70%
1Y
18.72%
3Y*
29.88%
5Y*
19.78%
10Y*
12.80%

DPM.TO

1D
0.84%
1M
-8.93%
YTD
3.16%
6M
8.99%
1Y
114.01%
3Y*
68.55%
5Y*
38.11%
10Y*
30.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NLR vs. DPM.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NLR
VanEck Uranium and Nuclear ETF		-1.81%56.50%14.26%36.67%2.29%13.63%3.49%0.20%4.94%8.25%
DPM.TO
Dundee Precious Metals Inc.		3.16%243.85%44.46%36.71%-19.36%-13.14%70.61%61.66%10.69%43.02%

Correlation

The correlation between NLR and DPM.TO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.40

Correlation (3Y)
Calculated over the trailing 3-year period

0.32

Correlation (5Y)
Calculated over the trailing 5-year period

0.30

Correlation (10Y)
Calculated over the trailing 10-year period

0.21

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2007

0.23

The correlation between NLR and DPM.TO shifts across timeframes, from 0.21 (10 years) to 0.40 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck Uranium and Nuclear ETF

Dundee Precious Metals Inc.

Often compared with NLR:
NLR vs. URANLR vs. NUKZNLR vs. URNMNLR vs. OKLONLR vs. GRIDNLR vs. URANNLR vs. SMH
Often compared with DPM.TO:
DPM.TO vs. K.TODPM.TO vs. BTO.TODPM.TO vs. EQX.TODPM.TO vs. NGD.TODPM.TO vs. ^TNXDPM.TO vs. VFV.TODPM.TO vs. BILS

Return for Risk

NLR vs. DPM.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NLR
NLR Risk / Return Rank: 1818
Overall Rank
NLR Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
NLR Sortino Ratio Rank: 1919
Sortino Ratio Rank
NLR Omega Ratio Rank: 1818
Omega Ratio Rank
NLR Calmar Ratio Rank: 1818
Calmar Ratio Rank
NLR Martin Ratio Rank: 1717
Martin Ratio Rank
DPM.TO
DPM.TO Risk / Return Rank: 8989
Overall Rank
DPM.TO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
DPM.TO Sortino Ratio Rank: 8787
Sortino Ratio Rank
DPM.TO Omega Ratio Rank: 8989
Omega Ratio Rank
DPM.TO Calmar Ratio Rank: 8888
Calmar Ratio Rank
DPM.TO Martin Ratio Rank: 8989
Martin Ratio Rank
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.

NLR vs. DPM.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Uranium and Nuclear ETF (NLR) and Dundee Precious Metals Inc. (DPM.TO). 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.

NLRDPM.TODifference
Sharpe ratioReturn per unit of total volatility
0.44
2.43

-1.99

Sortino ratioReturn per unit of downside risk
0.90
2.68

-1.78

Omega ratioGain probability vs. loss probability

1.10

1.38

-0.27

Calmar ratioReturn relative to maximum drawdown

0.63

3.49

-2.86

Martin ratioReturn relative to average drawdown

1.41

9.81

-8.40

NLR vs. DPM.TO - Sharpe Ratio Comparison

The current NLR Sharpe Ratio is 0.44, which is lower than the DPM.TO Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of NLR and DPM.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

NLR vs. DPM.TO - Drawdown Comparison

The maximum NLR drawdown since its inception was -65.05%, smaller than the maximum DPM.TO drawdown of -94.71%. Use the drawdown chart below to compare losses from any high point for NLR and DPM.TO.

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Drawdown Indicators

NLRDPM.TODifference

Max Drawdown

Largest peak-to-trough decline

-65.05%

-94.71%

+29.66%

Max Drawdown (1Y)

Largest decline over 1 year

-29.72%

-32.84%

+3.12%

Max Drawdown (3Y)

Largest decline over 3 years

-30.48%

-32.84%

+2.36%

Max Drawdown (5Y)

Largest decline over 5 years

-30.48%

-46.66%

+16.18%

Max Drawdown (10Y)

Largest decline over 10 years

-34.35%

-52.99%

+18.64%

Current Drawdown

Current decline from peak

-25.81%

-26.45%

+0.64%

Average Drawdown

Average peak-to-trough decline

-35.70%

-48.55%

+12.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.33%

11.66%

+1.67%

Volatility

NLR vs. DPM.TO - Volatility Comparison

The current volatility for VanEck Uranium and Nuclear ETF (NLR) is 13.73%, while Dundee Precious Metals Inc. (DPM.TO) has a volatility of 19.26%. This indicates that NLR experiences smaller price fluctuations and is considered to be less risky than DPM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

NLRDPM.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

13.73%

19.26%

-5.53%

Volatility (6M)

Calculated over the trailing 6-month period

33.75%

39.86%

-6.11%

Volatility (1Y)

Calculated over the trailing 1-year period

42.85%

47.19%

-4.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.56%

39.27%

-9.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.22%

47.64%

-23.42%

Dividends

NLR vs. DPM.TO - Dividend Comparison

NLR's dividend yield for the trailing twelve months is around 2.60%, more than DPM.TO's 0.49% yield.

PositionTTM20252024202320222021202020192018201720162015
DPM.TO
Dundee Precious Metals Inc.		0.49%0.52%1.69%2.52%2.90%1.53%1.23%0.00%0.00%0.00%0.00%0.00%
NLR
VanEck Uranium and Nuclear ETF		2.60%2.55%0.76%4.54%2.02%1.99%2.23%2.21%3.91%4.86%3.62%3.30%

Frequently Asked Questions

NLR and DPM.TO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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