NUKL.DE vs. G1CE.DE
NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) and G1CE.DE (Invesco Global Clean Energy UCITS ETF Acc) are both Energy Equities funds - NUKL.DE tracks the MarketVector Global Uranium and Nuclear Energy Infrastructure while G1CE.DE tracks the WilderHill New Energy Global Innovation. Both are passively managed. Over the past 3 years, NUKL.DE returned 41.91%/yr vs 5.16%/yr for G1CE.DE. At a 0.50 correlation, their price movements are largely independent. NUKL.DE charges 0.55%/yr vs 0.60%/yr for G1CE.DE.
Performance
NUKL.DE vs. G1CE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, NUKL.DE achieves a 11.67% return, which is significantly lower than G1CE.DE's 36.05% return.
NUKL.DE
- 1D
- 0.87%
- 1M
- -1.33%
- YTD
- 11.67%
- 6M
- 4.20%
- 1Y
- 50.82%
- 3Y*
- 41.91%
- 5Y*
- —
- 10Y*
- —
G1CE.DE
- 1D
- -1.30%
- 1M
- 3.20%
- YTD
- 36.05%
- 6M
- 37.56%
- 1Y
- 83.69%
- 3Y*
- 5.16%
- 5Y*
- -3.72%
- 10Y*
- —
NUKL.DE vs. G1CE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A | 11.67% | 51.50% | 38.03% | 24.46% |
G1CE.DE Invesco Global Clean Energy UCITS ETF Acc | 36.05% | 27.39% | -22.23% | -22.91% |
Correlation
The correlation between NUKL.DE and G1CE.DE is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023 | 0.50 |
The correlation between NUKL.DE and G1CE.DE has been stable across timeframes, ranging from 0.49 to 0.58 - a consistent structural relationship.
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Return for Risk
NUKL.DE vs. G1CE.DE — Risk / Return Rank
NUKL.DE
G1CE.DE
NUKL.DE vs. G1CE.DE - 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 Global Clean Energy UCITS ETF Acc (G1CE.DE). 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.
| NUKL.DE | G1CE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.67 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.61 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 7.99 | -6.13 |
| Martin ratioReturn relative to average drawdown | 4.43 | 28.31 | -23.87 |
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
| NUKL.DE | G1CE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 3.88 | -2.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.14 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | -0.13 | +1.24 |
Drawdowns
NUKL.DE vs. G1CE.DE - Drawdown Comparison
The maximum NUKL.DE drawdown since its inception was -37.52%, smaller than the maximum G1CE.DE drawdown of -68.84%. Use the drawdown chart below to compare losses from any high point for NUKL.DE and G1CE.DE.
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Drawdown Indicators
| NUKL.DE | G1CE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.52% | -68.84% | +31.32% |
Max Drawdown (1Y)Largest decline over 1 year | -27.12% | -10.42% | -16.70% |
Max Drawdown (3Y)Largest decline over 3 years | -37.52% | -52.75% | +15.23% |
Max Drawdown (5Y)Largest decline over 5 years | — | -68.84% | — |
Current DrawdownCurrent decline from peak | -12.83% | -27.70% | +14.87% |
Average DrawdownAverage peak-to-trough decline | -7.79% | -38.48% | +30.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.43% | 2.95% | +8.48% |
Volatility
NUKL.DE vs. G1CE.DE - Volatility Comparison
VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) has a higher volatility of 11.05% compared to Invesco Global Clean Energy UCITS ETF Acc (G1CE.DE) at 8.41%. This indicates that NUKL.DE's price experiences larger fluctuations and is considered to be riskier than G1CE.DE 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 | G1CE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.05% | 8.41% | +2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 28.97% | 14.61% | +14.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.82% | 21.47% | +20.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.24% | 26.14% | +8.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.24% | 26.36% | +7.88% |
NUKL.DE vs. G1CE.DE - Expense Ratio Comparison
NUKL.DE has a 0.55% expense ratio, which is lower than G1CE.DE's 0.60% expense ratio.
Dividends
NUKL.DE vs. G1CE.DE - Dividend Comparison
Neither NUKL.DE nor G1CE.DE has paid dividends to shareholders.
Frequently Asked Questions
NUKL.DE and G1CE.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NUKL.DE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NUKL.DE is cheaper with a 0.55% expense ratio, compared with 0.60% for G1CE.DE.
NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure, while G1CE.DE tracks WilderHill New Energy Global Innovation. They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.55% for NUKL.DE and 0.60% for G1CE.DE.
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