NUKX vs. HYGW
NUKX (Nicholas Nuclear Income ETF) and HYGW (iShares High Yield Corporate Bond Buywrite Strategy ETF) are both Derivative Income funds. NUKX is actively managed, while HYGW is passively managed. Their 0.47 correlation means their historical movements had little consistent relationship. NUKX charges 1.07%/yr vs 0.69%/yr for HYGW.
Performance
NUKX vs. HYGW - Performance Comparison
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Returns By Period
NUKX
- 1D
- -0.97%
- 1M
- -7.63%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
HYGW
- 1D
- 0.14%
- 1M
- 0.03%
- 6M
- 1.81%
- YTD
- 2.36%
- 1Y
- 5.90%
- 3Y*
- 5.30%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.68%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $480.97K | $636.40K | $814.79K | |
| $132.47K | $169.16K | $262.73K |
NUKX vs. HYGW - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
NUKX Nicholas Nuclear Income ETF | -22.51% |
HYGW iShares High Yield Corporate Bond Buywrite Strategy ETF | 1.51% |
Correlation
The correlation between NUKX and HYGW is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 3, 2026 | 0.47 |
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Return for Risk
NUKX vs. HYGW — Risk / Return Rank
NUKX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HYGW
NUKX vs. HYGW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nicholas Nuclear Income ETF (NUKX) and iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW). 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.
| NUKX | HYGW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.26 | — |
| Martin ratioReturn relative to average drawdown | — | 14.57 | — |
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Drawdowns
NUKX vs. HYGW - Drawdown Comparison
The maximum NUKX drawdown since its inception was -31.95%, which is greater than HYGW's maximum drawdown of -5.49%. Use the drawdown chart below to compare losses from any high point for NUKX and HYGW.
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Drawdown Indicators
| NUKX | HYGW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.95% | -5.49% | -26.46% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.82% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.42% | — |
Current DrawdownCurrent decline from peak | -28.73% | -0.21% | -28.52% |
Average DrawdownAverage peak-to-trough decline | -13.27% | -0.59% | -12.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.41% | — |
Volatility
NUKX vs. HYGW - Volatility Comparison
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Volatility by Period
| NUKX | HYGW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.80% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.32% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 49.22% | 2.92% | +46.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.22% | 4.62% | +44.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.22% | 4.62% | +44.60% |
NUKX vs. HYGW - Expense Ratio Comparison
NUKX has a 1.07% expense ratio, which is higher than HYGW's 0.69% expense ratio.
Dividends
NUKX vs. HYGW - Dividend Comparison
NUKX's dividend yield for the trailing twelve months is around 6.83%, less than HYGW's 10.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HYGW iShares High Yield Corporate Bond Buywrite Strategy ETF | 10.71% | 12.53% | 12.30% | 15.98% | 8.71% |
NUKX Nicholas Nuclear Income ETF | 6.83% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NUKX and HYGW have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HYGW is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HYGW is cheaper with a 0.69% expense ratio, compared with 1.07% for NUKX.
HYGW has the higher dividend yield at 10.71%, compared with 6.83% for NUKX.
They also come from different issuers: Nicholas Wealth and iShares. Their fees differ too: 1.07% for NUKX and 0.69% for HYGW.
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