NLR vs. FLTR
NLR (VanEck Uranium and Nuclear ETF) and FLTR (VanEck IG Floating Rate ETF) are both exchange-traded funds - NLR is a Uranium fund tracking the MVIS Global Uranium & Nuclear Energy Index, while FLTR is a Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index. Both are passively managed. Over the past 10 years, NLR returned 10.63%/yr vs 3.52%/yr for FLTR. At a 0.08 correlation, their price movements are largely independent. NLR charges 0.56%/yr vs 0.14%/yr for FLTR.
Performance
NLR vs. FLTR - Performance Comparison
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Returns By Period
In the year-to-date period, NLR achieves a -15.72% return, which is significantly lower than FLTR's 2.46% return. Over the past 10 years, NLR has outperformed FLTR with an annualized return of 10.63%, while FLTR has yielded a comparatively lower 3.52% annualized return.
NLR
- 1D
- -4.31%
- 1M
- -16.00%
- 6M
- -27.85%
- YTD
- -15.72%
- 1Y
- -6.24%
- 3Y*
- 23.28%
- 5Y*
- 17.50%
- 10Y*
- 10.63%
FLTR
- 1D
- -0.04%
- 1M
- 0.38%
- 6M
- 2.34%
- YTD
- 2.46%
- 1Y
- 5.09%
- 3Y*
- 6.07%
- 5Y*
- 4.58%
- 10Y*
- 3.52%
NLR vs. FLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NLR VanEck Uranium and Nuclear ETF | -15.72% | 56.50% | 14.26% | 36.67% | 2.29% | 13.63% | 3.49% | 0.20% | 4.94% | 8.25% |
FLTR VanEck IG Floating Rate ETF | 2.46% | 5.22% | 7.38% | 7.41% | 0.74% | 0.55% | 1.44% | 5.70% | 0.30% | 2.80% |
Correlation
The correlation between NLR and FLTR is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2011 | 0.08 |
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Return for Risk
NLR vs. FLTR — Risk / Return Rank
NLR
FLTR
NLR vs. FLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Uranium and Nuclear ETF (NLR) and VanEck IG Floating Rate ETF (FLTR). 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.
| NLR | FLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.49 | ||
| Sortino ratioReturn per unit of downside risk | -11.51 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 2.92 | -1.91 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 16.28 | -16.46 |
| Martin ratioReturn relative to average drawdown | -0.39 | 94.61 | -95.01 |
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Drawdowns
NLR vs. FLTR - Drawdown Comparison
The maximum NLR drawdown since its inception was -65.05%, which is greater than FLTR's maximum drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for NLR and FLTR.
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Drawdown Indicators
| NLR | FLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.05% | -17.84% | -47.21% |
Max Drawdown (1Y)Largest decline over 1 year | -36.32% | -0.31% | -36.01% |
Max Drawdown (3Y)Largest decline over 3 years | -36.32% | -1.93% | -34.39% |
Max Drawdown (5Y)Largest decline over 5 years | -36.32% | -3.06% | -33.26% |
Max Drawdown (10Y)Largest decline over 10 years | -36.32% | -17.84% | -18.48% |
Current DrawdownCurrent decline from peak | -36.32% | -0.08% | -36.24% |
Average DrawdownAverage peak-to-trough decline | -35.67% | -0.67% | -35.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.87% | 0.05% | +15.82% |
Volatility
NLR vs. FLTR - Volatility Comparison
VanEck Uranium and Nuclear ETF (NLR) has a higher volatility of 9.39% compared to VanEck IG Floating Rate ETF (FLTR) at 0.22%. This indicates that NLR's price experiences larger fluctuations and is considered to be riskier than FLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NLR | FLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.39% | 0.22% | +9.17% |
Volatility (6M)Calculated over the trailing 6-month period | 32.73% | 0.65% | +32.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.21% | 0.80% | +42.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.90% | 2.13% | +27.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.42% | 5.00% | +19.42% |
NLR vs. FLTR - Expense Ratio Comparison
NLR has a 0.56% expense ratio, which is higher than FLTR's 0.14% expense ratio.
Dividends
NLR vs. FLTR - Dividend Comparison
NLR's dividend yield for the trailing twelve months is around 3.02%, less than FLTR's 4.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLTR VanEck IG Floating Rate ETF | 4.64% | 4.97% | 5.93% | 6.07% | 2.29% | 0.63% | 1.49% | 3.05% | 2.67% | 1.69% | 1.16% | 0.71% |
NLR VanEck Uranium and Nuclear ETF | 3.02% | 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 FLTR have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NLR has higher volatility (9.39%) compared to FLTR (0.22%). In terms of maximum drawdown, NLR dropped -65.05% vs FLTR's -17.84%.
On 10-year performance, NLR leads with 10.63% vs 3.52% for FLTR. On fees, FLTR is cheaper at 0.14% per year. On volatility, FLTR has been the lower-risk option at 0.22%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, NLR has performed better with a 10.63% return vs 3.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLTR is cheaper with a 0.14% expense ratio, compared with 0.56% for NLR.
FLTR has the higher dividend yield at 4.64%, compared with 3.02% for NLR.
NLR is categorized as Uranium, while FLTR is Corporate Bonds. NLR tracks MVIS Global Uranium & Nuclear Energy Index, while FLTR tracks MVIS US Investment Grade Floating Rate Index. Their fees differ too: 0.56% for NLR and 0.14% for FLTR.
FLTR currently has the higher Sharpe Ratio (6.35 vs -0.15), 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.
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