NUKL.DE vs. FWRG.L
NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) and FWRG.L (Invesco FTSE All-World UCITS ETF Acc) are both exchange-traded funds - NUKL.DE is a Energy Equities fund tracking the MarketVector Global Uranium and Nuclear Energy Infrastructure, while FWRG.L is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past year, NUKL.DE returned 37.70% vs 27.73% for FWRG.L. At a 0.43 correlation, their price movements are largely independent. NUKL.DE charges 0.55%/yr vs 0.15%/yr for FWRG.L.
Performance
NUKL.DE vs. FWRG.L - Performance Comparison
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Different Trading Currencies
NUKL.DE is traded in EUR, while FWRG.L is traded in USD. To make them comparable, the FWRG.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, NUKL.DE achieves a 11.67% return, which is significantly lower than FWRG.L's 12.34% return.
NUKL.DE
- 1D
- 0.87%
- 1M
- -2.14%
- YTD
- 11.67%
- 6M
- 10.58%
- 1Y
- 37.70%
- 3Y*
- 41.91%
- 5Y*
- —
- 10Y*
- —
FWRG.L
- 1D
- 1.87%
- 1M
- 3.01%
- YTD
- 12.34%
- 6M
- 12.94%
- 1Y
- 27.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NUKL.DE vs. FWRG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A | 11.67% | 51.50% | 38.03% | 24.36% |
FWRG.L Invesco FTSE All-World UCITS ETF Acc | 12.34% | 0.33% | 28.03% | 8,428.76% |
Correlation
The correlation between NUKL.DE and FWRG.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.43 |
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Return for Risk
NUKL.DE vs. FWRG.L — Risk / Return Rank
NUKL.DE
FWRG.L
NUKL.DE vs. FWRG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) and Invesco FTSE All-World UCITS ETF Acc (FWRG.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.
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.
| NUKL.DE | FWRG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.39 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 4.78 | -2.92 |
| Martin ratioReturn relative to average drawdown | 4.43 | 12.74 | -8.31 |
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Drawdowns
NUKL.DE vs. FWRG.L - Drawdown Comparison
The maximum NUKL.DE drawdown since its inception was -37.52%, which is greater than FWRG.L's maximum drawdown of -24.31%. Use the drawdown chart below to compare losses from any high point for NUKL.DE and FWRG.L.
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Drawdown Indicators
| NUKL.DE | FWRG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.52% | -24.31% | -13.21% |
Max Drawdown (1Y)Largest decline over 1 year | -27.12% | -5.77% | -21.35% |
Max Drawdown (3Y)Largest decline over 3 years | -37.52% | — | — |
Current DrawdownCurrent decline from peak | -12.83% | -1.04% | -11.79% |
Average DrawdownAverage peak-to-trough decline | -7.79% | -4.95% | -2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.43% | 2.17% | +9.26% |
Volatility
NUKL.DE vs. FWRG.L - Volatility Comparison
VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) has a higher volatility of 11.05% compared to Invesco FTSE All-World UCITS ETF Acc (FWRG.L) at 3.63%. This indicates that NUKL.DE's price experiences larger fluctuations and is considered to be riskier than FWRG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUKL.DE | FWRG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.05% | 3.63% | +7.42% |
Volatility (6M)Calculated over the trailing 6-month period | 28.97% | 8.93% | +20.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.82% | 12.67% | +29.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.22% | 4,494.35% | -4,460.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.22% | 4,494.35% | -4,460.13% |
NUKL.DE vs. FWRG.L - Expense Ratio Comparison
NUKL.DE has a 0.55% expense ratio, which is higher than FWRG.L's 0.15% expense ratio.
Dividends
NUKL.DE vs. FWRG.L - Dividend Comparison
Neither NUKL.DE nor FWRG.L has paid dividends to shareholders.
Frequently Asked Questions
NUKL.DE and FWRG.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWRG.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWRG.L is cheaper with a 0.15% expense ratio, compared with 0.55% for NUKL.DE.
NUKL.DE is categorized as Energy Equities, while FWRG.L is Global Equities. NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure, while FWRG.L tracks FTSE All-World Index. They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.55% for NUKL.DE and 0.15% for FWRG.L.
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