NUKL.DE vs. WELP.DE
NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) and WELP.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both exchange-traded funds - NUKL.DE is a Uranium fund tracking the MarketVector Global Uranium and Nuclear Energy Infrastructure, while WELP.DE is a Health & Biotech Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, NUKL.DE returned 39.78%/yr vs 12.49%/yr for WELP.DE. At a 0.26 correlation, their price movements are largely independent. NUKL.DE charges 0.55%/yr vs 0.59%/yr for WELP.DE.
Performance
NUKL.DE vs. WELP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, NUKL.DE achieves a 4.94% return, which is significantly lower than WELP.DE's 25.35% return.
NUKL.DE
- 1D
- 0.00%
- 1M
- -6.55%
- YTD
- 4.94%
- 6M
- 3.03%
- 1Y
- 28.34%
- 3Y*
- 39.78%
- 5Y*
- —
- 10Y*
- —
WELP.DE
- 1D
- 0.00%
- 1M
- -7.19%
- YTD
- 25.35%
- 6M
- 26.72%
- 1Y
- 34.31%
- 3Y*
- 12.49%
- 5Y*
- —
- 10Y*
- —
NUKL.DE vs. WELP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A | 4.94% | 51.50% | 38.03% | 15.17% |
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 25.35% | -1.54% | 7.90% | 0.76% |
Correlation
The correlation between NUKL.DE and WELP.DE is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2023 | 0.26 |
The correlation between NUKL.DE and WELP.DE shifts across timeframes, from -0.01 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NUKL.DE vs. WELP.DE — Risk / Return Rank
NUKL.DE
WELP.DE
NUKL.DE vs. WELP.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 HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.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.
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 | WELP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.31 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | 2.80 | -1.75 |
| Martin ratioReturn relative to average drawdown | 2.34 | 8.57 | -6.23 |
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Drawdowns
NUKL.DE vs. WELP.DE - Drawdown Comparison
The maximum NUKL.DE drawdown since its inception was -37.52%, which is greater than WELP.DE's maximum drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for NUKL.DE and WELP.DE.
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Drawdown Indicators
| NUKL.DE | WELP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.52% | -23.55% | -13.97% |
Max Drawdown (1Y)Largest decline over 1 year | -27.12% | -12.22% | -14.90% |
Max Drawdown (3Y)Largest decline over 3 years | -37.52% | -23.55% | -13.97% |
Current DrawdownCurrent decline from peak | -18.09% | -11.07% | -7.02% |
Average DrawdownAverage peak-to-trough decline | -8.49% | -7.79% | -0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.15% | 3.99% | +8.16% |
Volatility
NUKL.DE vs. WELP.DE - Volatility Comparison
VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) has a higher volatility of 11.51% compared to HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) at 6.59%. This indicates that NUKL.DE's price experiences larger fluctuations and is considered to be riskier than WELP.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 | WELP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.51% | 6.59% | +4.92% |
Volatility (6M)Calculated over the trailing 6-month period | 29.51% | 16.90% | +12.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.54% | 19.54% | +22.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.54% | 20.07% | +14.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.54% | 20.07% | +14.47% |
NUKL.DE vs. WELP.DE - Expense Ratio Comparison
NUKL.DE has a 0.55% expense ratio, which is lower than WELP.DE's 0.59% expense ratio.
Dividends
NUKL.DE vs. WELP.DE - Dividend Comparison
NUKL.DE has not paid dividends to shareholders, while WELP.DE's dividend yield for the trailing twelve months is around 3.05%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% |
WELP.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 3.05% | 3.78% | 3.64% | 0.79% |
Frequently Asked Questions
NUKL.DE and WELP.DE have a correlation of -0.01, 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 WELP.DE.
NUKL.DE is categorized as Uranium, while WELP.DE is Health & Biotech Equities. NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure, while WELP.DE tracks MSCI World/Energy NR USD. They also come from different issuers: VanEck and Amundi. Their fees differ too: 0.55% for NUKL.DE and 0.59% for WELP.DE.
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