NUKL.DE vs. ZPDE.DE
NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) and ZPDE.DE (SPDR S&P US Energy Select Sector UCITS ETF) are both Energy Equities funds - NUKL.DE tracks the MarketVector Global Uranium and Nuclear Energy Infrastructure while ZPDE.DE tracks the S&P Energy Select Sector. Both are passively managed. Over the past 3 years, NUKL.DE returned 41.91%/yr vs 14.16%/yr for ZPDE.DE. At a 0.18 correlation, their price movements are largely independent. NUKL.DE charges 0.55%/yr vs 0.15%/yr for ZPDE.DE.
Performance
NUKL.DE vs. ZPDE.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 ZPDE.DE's 32.72% return.
NUKL.DE
- 1D
- 0.87%
- 1M
- -1.33%
- YTD
- 11.67%
- 6M
- 4.20%
- 1Y
- 50.82%
- 3Y*
- 41.91%
- 5Y*
- —
- 10Y*
- —
ZPDE.DE
- 1D
- -0.53%
- 1M
- -0.30%
- YTD
- 32.72%
- 6M
- 29.61%
- 1Y
- 43.77%
- 3Y*
- 14.16%
- 5Y*
- 21.32%
- 10Y*
- 9.33%
NUKL.DE vs. ZPDE.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% |
ZPDE.DE SPDR S&P US Energy Select Sector UCITS ETF | 32.72% | -2.67% | 9.39% | -3.59% |
Correlation
The correlation between NUKL.DE and ZPDE.DE is -0.10, 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 | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023 | 0.18 |
The correlation between NUKL.DE and ZPDE.DE shifts across timeframes, from -0.10 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NUKL.DE vs. ZPDE.DE — Risk / Return Rank
NUKL.DE
ZPDE.DE
NUKL.DE vs. ZPDE.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 SPDR S&P US Energy Select Sector UCITS ETF (ZPDE.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 | ZPDE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.32 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 2.54 | -0.67 |
| Martin ratioReturn relative to average drawdown | 4.43 | 8.09 | -3.65 |
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 | ZPDE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 1.83 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.78 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.32 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.26 | +0.84 |
Drawdowns
NUKL.DE vs. ZPDE.DE - Drawdown Comparison
The maximum NUKL.DE drawdown since its inception was -37.52%, smaller than the maximum ZPDE.DE drawdown of -65.58%. Use the drawdown chart below to compare losses from any high point for NUKL.DE and ZPDE.DE.
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Drawdown Indicators
| NUKL.DE | ZPDE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.52% | -65.58% | +28.06% |
Max Drawdown (1Y)Largest decline over 1 year | -27.12% | -17.16% | -9.96% |
Max Drawdown (3Y)Largest decline over 3 years | -37.52% | -26.97% | -10.55% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -65.58% | — |
Current DrawdownCurrent decline from peak | -12.83% | -8.87% | -3.96% |
Average DrawdownAverage peak-to-trough decline | -7.79% | -17.28% | +9.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.43% | 5.40% | +6.03% |
Volatility
NUKL.DE vs. ZPDE.DE - Volatility Comparison
VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) has a higher volatility of 11.05% compared to SPDR S&P US Energy Select Sector UCITS ETF (ZPDE.DE) at 7.53%. This indicates that NUKL.DE's price experiences larger fluctuations and is considered to be riskier than ZPDE.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 | ZPDE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.05% | 7.53% | +3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 28.97% | 20.35% | +8.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.82% | 23.96% | +17.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.24% | 26.90% | +7.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.24% | 28.89% | +5.35% |
NUKL.DE vs. ZPDE.DE - Expense Ratio Comparison
NUKL.DE has a 0.55% expense ratio, which is higher than ZPDE.DE's 0.15% expense ratio.
Dividends
NUKL.DE vs. ZPDE.DE - Dividend Comparison
Neither NUKL.DE nor ZPDE.DE has paid dividends to shareholders.
Frequently Asked Questions
NUKL.DE and ZPDE.DE have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDE.DE is cheaper with a 0.15% expense ratio, compared with 0.55% for NUKL.DE.
NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure, while ZPDE.DE tracks S&P Energy Select Sector. They also come from different issuers: VanEck and State Street. Their fees differ too: 0.55% for NUKL.DE and 0.15% for ZPDE.DE.
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