NUCG.L vs. BAESY
NUCG.L (VanEck Uranium and Nuclear Technologies UCITS ETF) is Commodity Producers Equities fund tracking the MarketVector Global Uranium and Nuclear Energy Infrastructure, while BAESY (BAE Systems PLC) is a stock. Over the past 3 years, NUCG.L returned 36.37%/yr vs 30.63%/yr for BAESY. At a 0.20 correlation, their price movements are largely independent.
Performance
NUCG.L vs. BAESY - Performance Comparison
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Returns By Period
In the year-to-date period, NUCG.L achieves a 2.96% return, which is significantly lower than BAESY's 11.25% return.
NUCG.L
- 1D
- 3.48%
- 1M
- -10.44%
- YTD
- 2.96%
- 6M
- -1.20%
- 1Y
- 27.62%
- 3Y*
- 36.37%
- 5Y*
- —
- 10Y*
- —
BAESY
- 1D
- -4.00%
- 1M
- -1.83%
- YTD
- 11.25%
- 6M
- 13.51%
- 1Y
- 0.44%
- 3Y*
- 30.63%
- 5Y*
- 30.61%
- 10Y*
- 18.72%
NUCG.L vs. BAESY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NUCG.L VanEck Uranium and Nuclear Technologies UCITS ETF | 2.96% | 56.10% | 31.89% | 0.05% |
BAESY BAE Systems PLC | 11.25% | 65.51% | 1.23% | 43.79% |
Correlation
The correlation between NUCG.L and BAESY is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2023 | 0.20 |
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Return for Risk
NUCG.L vs. BAESY — Risk / Return Rank
NUCG.L
BAESY
NUCG.L vs. BAESY - 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 BAE Systems PLC (BAESY). 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.
| NUCG.L | BAESY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.03 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 0.02 | +1.02 |
| Martin ratioReturn relative to average drawdown | 2.28 | 0.04 | +2.24 |
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Drawdowns
NUCG.L vs. BAESY - Drawdown Comparison
The maximum NUCG.L drawdown since its inception was -35.35%, smaller than the maximum BAESY drawdown of -59.20%. Use the drawdown chart below to compare losses from any high point for NUCG.L and BAESY.
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Drawdown Indicators
| NUCG.L | BAESY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.35% | -59.20% | +23.85% |
Max Drawdown (1Y)Largest decline over 1 year | -26.65% | -23.59% | -3.06% |
Max Drawdown (3Y)Largest decline over 3 years | -35.35% | -23.59% | -11.76% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.13% | — |
Current DrawdownCurrent decline from peak | -21.00% | -16.92% | -4.08% |
Average DrawdownAverage peak-to-trough decline | -10.55% | -19.32% | +8.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.10% | 10.17% | +1.93% |
Volatility
NUCG.L vs. BAESY - Volatility Comparison
VanEck Uranium and Nuclear Technologies UCITS ETF (NUCG.L) has a higher volatility of 12.56% compared to BAE Systems PLC (BAESY) at 10.68%. This indicates that NUCG.L's price experiences larger fluctuations and is considered to be riskier than BAESY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUCG.L | BAESY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.56% | 10.68% | +1.88% |
Volatility (6M)Calculated over the trailing 6-month period | 28.37% | 25.10% | +3.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.94% | 31.92% | +8.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.38% | 28.12% | +6.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.38% | 27.90% | +6.48% |
Dividends
NUCG.L vs. BAESY - Dividend Comparison
NUCG.L has not paid dividends to shareholders, while BAESY's dividend yield for the trailing twelve months is around 1.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAESY BAE Systems PLC | 1.90% | 1.90% | 2.79% | 2.40% | 3.09% | 4.46% | 7.05% | 3.66% | 4.93% | 5.71% | 6.26% | 4.38% |
NUCG.L VanEck Uranium and Nuclear Technologies UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NUCG.L and BAESY have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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