NUCG.L vs. URNG.L
Compare and contrast key facts about VanEck Uranium and Nuclear Technologies UCITS ETF (NUCG.L) and Global X Uranium UCITS ETF USD Accumulating (URNG.L).
NUCG.L and URNG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. URNG.L is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components. It was launched on Apr 20, 2022. Both NUCG.L and URNG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NUCG.L or URNG.L.
Key characteristics
| NUCG.L | URNG.L | |
|---|---|---|
| YTD Return | 20.54% | 13.04% |
| 1Y Return | 62.80% | 61.46% |
| Sharpe Ratio | 1.65 | 1.91 |
| Daily Std Dev | 38.04% | 32.11% |
| Max Drawdown | -20.42% | -28.23% |
| Current Drawdown | -3.72% | -3.64% |
Correlation
The correlation between NUCG.L and URNG.L is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NUCG.L vs. URNG.L - Performance Comparison
In the year-to-date period, NUCG.L achieves a 20.54% return, which is significantly higher than URNG.L's 13.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NUCG.L vs. URNG.L - Expense Ratio Comparison
NUCG.L has a 0.55% expense ratio, which is lower than URNG.L's 0.65% expense ratio.
Risk-Adjusted Performance
NUCG.L vs. URNG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Uranium and Nuclear Technologies UCITS ETF (NUCG.L) and Global X Uranium UCITS ETF USD Accumulating (URNG.L). 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.
Dividends
NUCG.L vs. URNG.L - Dividend Comparison
Neither NUCG.L nor URNG.L has paid dividends to shareholders.
Drawdowns
NUCG.L vs. URNG.L - Drawdown Comparison
The maximum NUCG.L drawdown since its inception was -20.42%, smaller than the maximum URNG.L drawdown of -28.23%. Use the drawdown chart below to compare losses from any high point for NUCG.L and URNG.L. For additional features, visit the drawdowns tool.
Volatility
NUCG.L vs. URNG.L - Volatility Comparison
The current volatility for VanEck Uranium and Nuclear Technologies UCITS ETF (NUCG.L) is 8.37%, while Global X Uranium UCITS ETF USD Accumulating (URNG.L) has a volatility of 10.42%. This indicates that NUCG.L experiences smaller price fluctuations and is considered to be less risky than URNG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.