NUKL.DE vs. HIDR.L

Last updated Jun 5, 2026

NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) and HIDR.L (HSBC MSCI Indonesia UCITS ETF USD) are both exchange-traded funds - NUKL.DE is a Energy Equities fund tracking the MarketVector Global Uranium and Nuclear Energy Infrastructure, while HIDR.L is a Asia Pacific Equities fund tracking the MSCI Indonesia NR IDR. Both are passively managed. Over the past 3 years, NUKL.DE returned 41.91%/yr vs -21.65%/yr for HIDR.L. At a 0.20 correlation, their price movements are largely independent. NUKL.DE charges 0.55%/yr vs 0.50%/yr for HIDR.L.

Performance

NUKL.DE vs. HIDR.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) and HSBC MSCI Indonesia UCITS ETF USD (HIDR.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NUKL.DE is traded in EUR, while HIDR.L is traded in GBp. To make them comparable, the HIDR.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 higher than HIDR.L's -35.25% return.

NUKL.DE

• 1D: 0.87%
• 1M: -2.14%
• YTD: 11.67%
• 6M: 10.58%
• 1Y: 37.70%
• 3Y*: 41.91%
• 5Y*: —
• 10Y*: —

HIDR.L

• 1D: 2.26%
• 1M: -10.07%
• YTD: -35.25%
• 6M: -35.25%
• 1Y: -37.62%
• 3Y*: -21.65%
• 5Y*: -8.12%
• 10Y*: -3.60%

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

NUKL.DE vs. HIDR.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%	23.67%
HIDR.L HSBC MSCI Indonesia UCITS ETF USD	-35.25%	-12.92%	-8.98%	-1.24%

Correlation

The correlation between NUKL.DE and HIDR.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Feb 8, 2023	0.20

Return for Risk

NUKL.DE vs. HIDR.L — Risk / Return Rank

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

NUKL.DE

NUKL.DE Risk / Return Rank: 34
NUKL.DE Sharpe Ratio Rank: 34
NUKL.DE Sortino Ratio Rank: 35
NUKL.DE Omega Ratio Rank: 32
NUKL.DE Calmar Ratio Rank: 38
NUKL.DE Martin Ratio Rank: 31

HIDR.L

HIDR.L Risk / Return Rank: 1
HIDR.L Sharpe Ratio Rank: 0
HIDR.L Sortino Ratio Rank: 1
HIDR.L Omega Ratio Rank: 0
HIDR.L Calmar Ratio Rank: 3
HIDR.L Martin Ratio Rank: 0

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.

NUKL.DE vs. HIDR.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 HSBC MSCI Indonesia UCITS ETF USD (HIDR.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	HIDR.L	Difference
Sharpe ratio: Return per unit of total volatility	1.21	-1.39	+2.60
Sortino ratio: Return per unit of downside risk	1.81	-2.11	+3.92
Omega ratio: Gain probability vs. loss probability	1.21	0.74	+0.47
Calmar ratio: Return relative to maximum drawdown	1.86	-0.80	+2.66
Martin ratio: Return relative to average drawdown	4.43	-2.31	+6.75

NUKL.DE vs. HIDR.L - Sharpe Ratio Comparison

The current NUKL.DE Sharpe Ratio is 1.21, which is higher than the HIDR.L Sharpe Ratio of -1.39. The chart below compares the historical Sharpe Ratios of NUKL.DE and HIDR.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NUKL.DE vs. HIDR.L - Drawdown Comparison

The maximum NUKL.DE drawdown since its inception was -37.52%, smaller than the maximum HIDR.L drawdown of -61.10%. Use the drawdown chart below to compare losses from any high point for NUKL.DE and HIDR.L.

Drawdown Indicators

	NUKL.DE	HIDR.L	Difference
Max Drawdown Largest peak-to-trough decline	-37.52%	-61.10%	+23.58%
Max Drawdown (1Y) Largest decline over 1 year	-27.12%	-47.90%	+20.78%
Max Drawdown (3Y) Largest decline over 3 years	-37.52%	-59.58%	+22.06%
Max Drawdown (5Y) Largest decline over 5 years	—	-61.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.10%	—
Current Drawdown Current decline from peak	-12.83%	-54.49%	+41.66%
Average Drawdown Average peak-to-trough decline	-7.79%	-15.24%	+7.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.43%	16.59%	-5.16%

Volatility

NUKL.DE vs. HIDR.L - Volatility Comparison

The current volatility for VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) is 11.05%, while HSBC MSCI Indonesia UCITS ETF USD (HIDR.L) has a volatility of 14.90%. This indicates that NUKL.DE experiences smaller price fluctuations and is considered to be less risky than HIDR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NUKL.DE	HIDR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.05%	14.90%	-3.85%
Volatility (6M) Calculated over the trailing 6-month period	28.97%	23.82%	+5.15%
Volatility (1Y) Calculated over the trailing 1-year period	41.82%	27.51%	+14.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.22%	20.88%	+13.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.22%	23.99%	+10.23%

NUKL.DE vs. HIDR.L - Expense Ratio Comparison

NUKL.DE has a 0.55% expense ratio, which is higher than HIDR.L's 0.50% expense ratio.

Dividends

NUKL.DE vs. HIDR.L - Dividend Comparison

NUKL.DE has not paid dividends to shareholders, while HIDR.L's dividend yield for the trailing twelve months is around 5.93%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HIDR.L HSBC MSCI Indonesia UCITS ETF USD	5.93%	4.87%	3.49%	3.49%	2.04%	1.27%	1.75%	1.62%	1.50%	1.14%	1.12%	1.59%
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A	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

Can I hold both NUKL.DE and HIDR.L in my portfolio?

NUKL.DE and HIDR.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NUKL.DE or HIDR.L?

On fees, HIDR.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NUKL.DE or HIDR.L?

HIDR.L is cheaper with a 0.50% expense ratio, compared with 0.55% for NUKL.DE.

What is the main difference between NUKL.DE and HIDR.L?

NUKL.DE is categorized as Energy Equities, while HIDR.L is Asia Pacific Equities. NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure, while HIDR.L tracks MSCI Indonesia NR IDR. They also come from different issuers: VanEck and HSBC. Their fees differ too: 0.55% for NUKL.DE and 0.50% for HIDR.L.