NUCG.L vs. ^GSPC

Last updated Apr 3, 2026

Compare and contrast key facts about VanEck Uranium and Nuclear Technologies UCITS ETF (NUCG.L) and S&P 500 Index (^GSPC).

NUCG.L is a passively managed fund by VanEck that tracks the performance of the MarketVector Global Uranium and Nuclear Energy Infrastructure. It was launched on Feb 3, 2023.

Performance

NUCG.L vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Uranium and Nuclear Technologies UCITS ETF (NUCG.L) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

NUCG.L vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NUCG.L VanEck Uranium and Nuclear Technologies UCITS ETF	9.19%	56.08%	31.87%	19.75%
^GSPC S&P 500 Index	-3.84%	16.39%	23.31%	16.61%

Returns By Period

In the year-to-date period, NUCG.L achieves a 9.19% return, which is significantly higher than ^GSPC's -3.84% return.

NUCG.L

• 1D: -1.87%
• 1M: -6.72%
• YTD: 9.19%
• 6M: -0.73%
• 1Y: 104.36%
• 3Y*: 43.72%
• 5Y*: —
• 10Y*: —

^GSPC

• 1D: 0.11%
• 1M: -3.43%
• YTD: -3.84%
• 6M: -1.98%
• 1Y: 16.08%
• 3Y*: 16.86%
• 5Y*: 10.37%
• 10Y*: 12.29%

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

Return for Risk

NUCG.L vs. ^GSPC — Risk / Return Rank

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

NUCG.L

NUCG.L Risk / Return Rank: 91
NUCG.L Sharpe Ratio Rank: 95
NUCG.L Sortino Ratio Rank: 95
NUCG.L Omega Ratio Rank: 88
NUCG.L Calmar Ratio Rank: 94
NUCG.L Martin Ratio Rank: 84

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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.

NUCG.L vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Uranium and Nuclear Technologies UCITS ETF (NUCG.L) and S&P 500 Index (^GSPC). 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.

	NUCG.L	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	2.52	0.88	+1.64
Sortino ratio Return per unit of downside risk	3.15	1.37	+1.79
Omega ratio Gain probability vs. loss probability	1.38	1.21	+0.17
Calmar ratio Return relative to maximum drawdown	4.29	1.39	+2.90
Martin ratio Return relative to average drawdown	11.05	6.43	+4.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NUCG.L vs. ^GSPC - Sharpe Ratio Comparison

The current NUCG.L Sharpe Ratio is 2.52, which is higher than the ^GSPC Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of NUCG.L and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NUCG.L	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.52	0.88	+1.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	0.46	+0.55

Correlation

The correlation between NUCG.L and ^GSPC is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

NUCG.L vs. ^GSPC - Drawdown Comparison

The maximum NUCG.L drawdown since its inception was -35.36%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NUCG.L and ^GSPC.

Drawdown Indicators

	NUCG.L	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-35.36%	-56.78%	+21.42%
Max Drawdown (1Y) Largest decline over 1 year	-26.65%	-9.10%	-17.55%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-16.23%	-5.67%	-10.56%
Average Drawdown Average peak-to-trough decline	-9.00%	-10.75%	+1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.35%	2.62%	+7.73%

Volatility

NUCG.L vs. ^GSPC - Volatility Comparison

VanEck Uranium and Nuclear Technologies UCITS ETF (NUCG.L) has a higher volatility of 11.82% compared to S&P 500 Index (^GSPC) at 5.29%. This indicates that NUCG.L's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NUCG.L	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.82%	5.29%	+6.53%
Volatility (6M) Calculated over the trailing 6-month period	30.67%	9.55%	+21.12%
Volatility (1Y) Calculated over the trailing 1-year period	41.20%	18.33%	+22.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.82%	16.90%	+19.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.82%	18.04%	+18.78%