NUKL.DE vs. ITEK.L
NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) and ITEK.L (HAN-GINS Tech Megatrend Equal Weight UCITS ETF) are both exchange-traded funds - NUKL.DE is a Energy Equities fund tracking the MarketVector Global Uranium and Nuclear Energy Infrastructure, while ITEK.L is a Technology Equities fund tracking the Solactive Innovative Technologies Index. Both are passively managed. Over the past 3 years, NUKL.DE returned 41.91%/yr vs 21.89%/yr for ITEK.L. At a 0.50 correlation, their price movements are largely independent. NUKL.DE charges 0.55%/yr vs 0.59%/yr for ITEK.L.
Performance
NUKL.DE vs. ITEK.L - Performance Comparison
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Different Trading Currencies
NUKL.DE is traded in EUR, while ITEK.L is traded in USD. To make them comparable, the ITEK.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 ITEK.L's 25.70% return.
NUKL.DE
- 1D
- 0.87%
- 1M
- -1.33%
- YTD
- 11.67%
- 6M
- 4.20%
- 1Y
- 50.82%
- 3Y*
- 41.91%
- 5Y*
- —
- 10Y*
- —
ITEK.L
- 1D
- 0.05%
- 1M
- 14.62%
- YTD
- 25.70%
- 6M
- 20.66%
- 1Y
- 42.02%
- 3Y*
- 21.89%
- 5Y*
- 7.53%
- 10Y*
- —
NUKL.DE vs. ITEK.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% | 24.46% |
ITEK.L HAN-GINS Tech Megatrend Equal Weight UCITS ETF | 25.70% | 4.61% | 19.81% | 22.47% |
Correlation
The correlation between NUKL.DE and ITEK.L is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023 | 0.50 |
The correlation between NUKL.DE and ITEK.L shifts across timeframes, from 0.50 (all time) to 0.64 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
NUKL.DE vs. ITEK.L — Risk / Return Rank
NUKL.DE
ITEK.L
NUKL.DE vs. ITEK.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 HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK.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.
| NUKL.DE | ITEK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.29 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 2.02 | -0.16 |
| Martin ratioReturn relative to average drawdown | 4.43 | 4.70 | -0.26 |
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 | ITEK.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 1.75 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.29 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.57 | +0.53 |
Drawdowns
NUKL.DE vs. ITEK.L - Drawdown Comparison
The maximum NUKL.DE drawdown since its inception was -37.52%, smaller than the maximum ITEK.L drawdown of -50.01%. Use the drawdown chart below to compare losses from any high point for NUKL.DE and ITEK.L.
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Drawdown Indicators
| NUKL.DE | ITEK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.52% | -50.01% | +12.49% |
Max Drawdown (1Y)Largest decline over 1 year | -27.12% | -20.67% | -6.45% |
Max Drawdown (3Y)Largest decline over 3 years | -37.52% | -31.17% | -6.35% |
Max Drawdown (5Y)Largest decline over 5 years | — | -50.01% | — |
Current DrawdownCurrent decline from peak | -12.83% | -1.74% | -11.09% |
Average DrawdownAverage peak-to-trough decline | -7.79% | -17.11% | +9.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.43% | 8.92% | +2.51% |
Volatility
NUKL.DE vs. ITEK.L - Volatility Comparison
VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) has a higher volatility of 11.05% compared to HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK.L) at 8.35%. This indicates that NUKL.DE's price experiences larger fluctuations and is considered to be riskier than ITEK.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 | ITEK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.05% | 8.35% | +2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 28.97% | 18.13% | +10.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.82% | 23.91% | +17.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.24% | 26.26% | +7.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.24% | 26.13% | +8.11% |
NUKL.DE vs. ITEK.L - Expense Ratio Comparison
NUKL.DE has a 0.55% expense ratio, which is lower than ITEK.L's 0.59% expense ratio.
Dividends
NUKL.DE vs. ITEK.L - Dividend Comparison
Neither NUKL.DE nor ITEK.L has paid dividends to shareholders.
Frequently Asked Questions
NUKL.DE and ITEK.L have a correlation of 0.64, 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 0.59% for ITEK.L.
NUKL.DE is categorized as Energy Equities, while ITEK.L is Technology Equities. NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure, while ITEK.L tracks Solactive Innovative Technologies Index. They also come from different issuers: VanEck and HANetf. Their fees differ too: 0.55% for NUKL.DE and 0.59% for ITEK.L.
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