NLR vs. UMAY
Compare and contrast key facts about VanEck Vectors Uranium+Nuclear Energy ETF (NLR) and Innovator U.S. Equity Ultra Buffer ETF - May (UMAY).
NLR and UMAY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NLR is a passively managed fund by VanEck that tracks the performance of the DAXglobal Nuclear Energy Index. It was launched on Aug 13, 2007. UMAY is a passively managed fund by Innovator that tracks the performance of the S&P 500. It was launched on Apr 30, 2020. Both NLR and UMAY 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
NLR vs. UMAY - Performance Comparison
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NLR vs. UMAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NLR VanEck Vectors Uranium+Nuclear Energy ETF | 8.18% | 56.50% | 14.26% | 36.67% | 2.29% | 13.63% | 20.84% |
UMAY Innovator U.S. Equity Ultra Buffer ETF - May | 0.88% | 8.79% | 14.32% | 12.53% | -9.21% | 5.25% | 7.38% |
Returns By Period
In the year-to-date period, NLR achieves a 8.18% return, which is significantly higher than UMAY's 0.88% return.
NLR
- 1D
- 0.88%
- 1M
- -12.66%
- YTD
- 8.18%
- 6M
- 0.14%
- 1Y
- 85.99%
- 3Y*
- 37.72%
- 5Y*
- 23.55%
- 10Y*
- 13.96%
UMAY
- 1D
- 0.22%
- 1M
- 0.05%
- YTD
- 0.88%
- 6M
- 2.75%
- 1Y
- 9.90%
- 3Y*
- 11.24%
- 5Y*
- 5.97%
- 10Y*
- —
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NLR vs. UMAY - Expense Ratio Comparison
NLR has a 0.60% expense ratio, which is lower than UMAY's 0.79% expense ratio.
Return for Risk
NLR vs. UMAY — Risk / Return Rank
NLR
UMAY
NLR vs. UMAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Uranium+Nuclear Energy ETF (NLR) and Innovator U.S. Equity Ultra Buffer ETF - May (UMAY). 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.
| NLR | UMAY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.05 | 0.88 | +1.17 |
Sortino ratioReturn per unit of downside risk | 2.62 | 1.34 | +1.28 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.32 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 3.41 | 1.13 | +2.28 |
Martin ratioReturn relative to average drawdown | 8.20 | 7.00 | +1.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NLR | UMAY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 0.88 | +1.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.71 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.81 | -0.63 |
Correlation
The correlation between NLR and UMAY is 0.53, 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
NLR vs. UMAY - Dividend Comparison
NLR's dividend yield for the trailing twelve months is around 2.36%, while UMAY has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLR VanEck Vectors Uranium+Nuclear Energy ETF | 2.36% | 2.55% | 0.76% | 4.54% | 2.02% | 1.99% | 2.23% | 2.21% | 3.91% | 4.86% | 3.62% | 3.30% |
UMAY Innovator U.S. Equity Ultra Buffer ETF - May | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NLR vs. UMAY - Drawdown Comparison
The maximum NLR drawdown since its inception was -65.05%, which is greater than UMAY's maximum drawdown of -12.12%. Use the drawdown chart below to compare losses from any high point for NLR and UMAY.
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Drawdown Indicators
| NLR | UMAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.05% | -12.12% | -52.93% |
Max Drawdown (1Y)Largest decline over 1 year | -25.80% | -9.02% | -16.78% |
Max Drawdown (5Y)Largest decline over 5 years | -30.48% | -12.12% | -18.36% |
Max Drawdown (10Y)Largest decline over 10 years | -34.35% | — | — |
Current DrawdownCurrent decline from peak | -18.26% | -0.04% | -18.22% |
Average DrawdownAverage peak-to-trough decline | -35.90% | -2.20% | -33.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.73% | 1.46% | +9.27% |
Volatility
NLR vs. UMAY - Volatility Comparison
VanEck Vectors Uranium+Nuclear Energy ETF (NLR) has a higher volatility of 12.53% compared to Innovator U.S. Equity Ultra Buffer ETF - May (UMAY) at 1.69%. This indicates that NLR's price experiences larger fluctuations and is considered to be riskier than UMAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NLR | UMAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.53% | 1.69% | +10.84% |
Volatility (6M)Calculated over the trailing 6-month period | 32.94% | 2.68% | +30.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.20% | 11.30% | +30.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.16% | 8.48% | +19.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.38% | 8.03% | +15.35% |